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Gartley Projection D

3.71

The indicator identifies the harmonic patterns (XABCD) according to developments of H.M.Gartley ("Profits in the Stock Market", 1935г).

It projects D-point as a point in the perspective projection (specify ProjectionD_Mode = true in the settings).

Does not redraw. When a bar of the working timeframe closes, if the identified pattern point has not moved during Patterns_Fractal_Bars bars, an arrow appears on the chart (in the direction of the expected price movement). From this moment on, the arrow permanently remains on the chart.

2-3 and more arrows in a row - this is changing market conditions, NOT repaint/redraw (must not switch time-frames back and forth).

NOTE: 2-3 and more arrows in a row - this is changing market conditions, NOT redraw.

The total number of patterns is 85 (including Gartley-222 and Gartley-222WS, the full list is available in the Comments section). Only the latest identified pattern is filled with a solid color among all identified patterns.


Parameters

  • DrawPatterns (true/false) - draw a pattern with a solid color
  • ProjectionD_Mode (true/false) - mode for defining the D-point as a projection in perspective
  • Patterns_Fractal_Bars - the number of the working timeframe bars, during which the latest identified pattern point must remain fixed for it to be considered a formed fractal (an arrow appears on the chart)
  • Patterns_Deviation - allowed percentage deviation from the reference values of side proportions in a pattern (allowed value range)
  • Patterns_XA_MinLength_Bars - the minimum allowed number of bars on the initial segment XA
  • Patterns_XA_MinHeight_Points - the minimum allowed size of the initial segment XA in points
  • ZigZag_Depth - parameter of the ZigZag indicator
  • ZigZag_Deviation - parameter of the ZigZag indicator
  • ZigZag_Backstep - parameter of the ZigZag indicator
  • ShowInfo (true/false) - display the list of identified patterns at the left side of the chart
  • PrintInfo (true/false) - print the information to the log
Comentários 7
amfels07
493
amfels07 2018.04.26 16:40 
 

Updated review: I rented this indicator awhile back but came back to started using it once again because if you really study these patterns use both True and False settings it will allow you to see the whole picture of the particular pair you're trading.........This is just the way i like to use it following the False setting to trade but also using the True setting to be able to calculate my exit area to take profit at........Simply the best out there recommend is 1,000%!!! Thanks for your hard work on this huge winner, Oleksandr!!

Awesome Indicator, Great Work!! Truly no repainting arrows plus nice Gartley patterns respecting prices as far as I can see I can't wait to use it long term but short term I've had it already had a couple of winners following longer 1h,4h time frames THANKS!

Kamchattech
132
Kamchattech 2018.03.13 16:13 
 

Great product! I recommend everyone. The developer is very responsive and constructive. An excellent specialist. Uniquely the maximum score.

Peter de Haas
1148
Peter de Haas 2017.11.12 21:20 
 

Good indi , Best on 4H TF

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The real market buy/Sell signals, you can trust.  This indicator tracks the trend strength, the market strength, the real current volume, and the price direction to give traders and investors the optimum point for entry in the form of signals. The time frames range from 5 minutes to one (1) hour chart. Trading on higher time frames produce the best outcomes, but also do produce less frequent trades, compared to trading on lower time frames.
This product is based on the methodologies of Gann, his follower Don E. Hall. The Indicator builds a working view grid, which is used to analyze graphics. The Pyrapoint tool, developed by Don Hall, is a grid based on the Pythagorean cube. In his calculations he uses the Gann Square 9 methodology and the relationship between Price and Time. This tool is used to predict changes in trend and overall market actions. More information about the method   HERE
'CyberBot Project" is a cutting-edge product with a hybrid formula of "ALGO~VX7", the first in the MQL5 market > It's got a high-level mastermind algorithm that gives u Multi Indicator + Reversal Code Corridors all in one. With the ability to analyze 8 Pairs + 8 Timeframes + 8 Shadows at once, including Pivot, Support, and Resistance functions, it gives individual traders pro-level tools. Super practical + powerful, for everyone from newbies to pros. No theory needed, it's all real "wysiwyg" --
Max Paynex
Abdulkarim Karazon
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The indicator identifies the harmonic patterns (XABCD) according to developments of H.M.Gartley ( "Profits in the Stock Market" , 1935г). It projects D-point as a point in the perspective projection (specify ProjectionD_Mode = true in the settings). Does not redraw. When a bar of the working timeframe closes, if the identified pattern point has not moved during Patterns_Fractal_Bars bars, an arrow appears on the chart (in the direction of the expected price movement). From this moment on, the ar
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TheDeal
651
TheDeal 2023.06.10 03:20 
 

For any prospective buyer be forewarned this indicator indeed does repaint. The author will tell you it re-calculates and that is true as that is the nature of harmonic patterns. However that does not change the fact that arrows from previous calculations will vanish. A true non repaint would mean all previous failed arrows remain and of course the final print as well. That is non-repaint.

Oleksandr Medviediev
3583
Resposta do desenvolvedor Oleksandr Medviediev 2023.06.10 08:06
Arrows will vanish ONLY if you switch TF back and forth (conditions for harmonic recalculates). Do not switch working TF and arrows will stay. NOTE: harmonics are too complex to remember data for each TF (will slow indicator beyond reason). Please check and amend your review. This is particularly unfair as many people will see 1 star and just skip (will not go into details).
salco85 Litwinov
183
salco85 Litwinov 2018.05.22 20:11 
 

Самый плохой индикатор из всех гартли что я встречал!! Стрелки рисуют после обновления графика,фильтром в алгоритме индикатора как заявляет автор нет. Полная ерунда. ZUP бесплатный и тот лучше на много чем этот шлак.По структуре точка D должна не перерисовывать если это эталонные значения паттерна,но здесь в этом индикаторе все обратное точка D при эталонных значениях пропадает паттерн ваще отменяется как так я в шоке ??? Кароче ребятки полная ерунда и очередной шлак этот индикатор.

amfels07
493
amfels07 2018.04.26 16:40 
 

Updated review: I rented this indicator awhile back but came back to started using it once again because if you really study these patterns use both True and False settings it will allow you to see the whole picture of the particular pair you're trading.........This is just the way i like to use it following the False setting to trade but also using the True setting to be able to calculate my exit area to take profit at........Simply the best out there recommend is 1,000%!!! Thanks for your hard work on this huge winner, Oleksandr!!

Awesome Indicator, Great Work!! Truly no repainting arrows plus nice Gartley patterns respecting prices as far as I can see I can't wait to use it long term but short term I've had it already had a couple of winners following longer 1h,4h time frames THANKS!

Kamchattech
132
Kamchattech 2018.03.13 16:13 
 

Great product! I recommend everyone. The developer is very responsive and constructive. An excellent specialist. Uniquely the maximum score.

Aravind Kolanupaka
8975
Aravind Kolanupaka 2018.02.04 04:40 
 

O usuário não deixou nenhum comentário para sua avaliação

Peter de Haas
1148
Peter de Haas 2017.11.12 21:20 
 

Good indi , Best on 4H TF

Yehor Pozhydaiev
951
Yehor Pozhydaiev 2017.08.07 20:06 
 

O usuário não deixou nenhum comentário para sua avaliação

rainwalker123
3385
rainwalker123 2017.08.01 18:50 
 

I have to correct the review, this is an amazing indicator, which I recommend to everyone.!!!!

Very good for beginners, and experienced Traders

Responder ao comentário
Versão 3.23 2017.08.22
Added Alerts (send mail, Push-notification, etc.).