Harmonic Trading - page 601

[Sergey Golubev]

Automating Trading Strategies in MQL5 (Part 32): Creating a Price Action 5 Drives Harmonic Pattern System 

In our previous article (Part 31), we developed a 3 Drives pattern system in MetaQuotes Language 5 (MQL5) that detected bullish and bearish 3 Drives harmonic patterns using Fibonacci ratios, automating trades with customizable stop loss and take-profit levels, visualized through chart objects like triangles and trendlines. In Part 32, we create a 5 Drives Pattern system that identifies bullish and bearish 5 Drives harmonic patterns through pivot points and specific Fibonacci retracements and extensions, executing trades with flexible entry, stop loss, and multi-level take-profit options, enhanced by visual triangles, trendlines, and labels for clear pattern representation ...

By the end, you’ll have a robust MQL5 strategy for 5 Drives harmonic pattern trading, ready for customization—let’s dive in!

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

Where Do I start from?

Sergey Golubev, 2025.09.20 09:06

Introduction to MQL5 (Part 21): Automating Harmonic Pattern Detection

This article's distinctiveness is found in its approachable style for beginners and the way we simplify difficult ideas into manageable stages. Instead of overloading you with theory, we'll be working on a project-based strategy in which we create an Expert Advisor (EA) that recognizes the Gartley pattern automatically.

[Sergey Golubev]

Automating Trading Strategies in MQL5 (Part 33): Creating a Price Action Shark Harmonic Pattern System

In our previous article (Part 32), we developed a 5 Drives (5-0) pattern system in MetaQuotes Language 5 (MQL5) that detected bullish and bearish 5 Drives harmonic patterns using Fibonacci ratios, automating trades with customizable stop loss and take-profit levels, visualized through chart objects like triangles and trendlines. In Part 33, we develop a Shark Pattern system that identifies bullish and bearish Shark harmonic patterns using pivot points and specific Fibonacci retracements and extensions. This system executes trades with flexible entry, stop-loss, and multi-level take-profit options, enhanced by visual triangles, trendlines, and labels for clear pattern representation.

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

Where Do I start from?

Sergey Golubev, 2025.10.11 06:45

Introduction to MQL5 (Part 22): Building an Expert Advisor for the 5-0 Harmonic Pattern

This article will teach you how to recognize the 5-0 pattern automatically in an Expert Advisor and detect it programmatically. You will learn how to determine the 5-0 structure's major turning points (0, X, A, B, C, and D), calculate and validate Fibonacci ratios specific to it, and visually represent the pattern on the chart. By the end of this article, you will know how to convert the technical idea underlying the 5-0 pattern into functional MQL5 code that can analyze price action automatically.