MegatronShark

  • Indicators
  • Casey Nkalubo
    Casey Nkalubo

    Casey Nkalubo

    4.3 (3)
    I am a passionate trader with a sharp eye for market structure, liquidity, and high-probability setups. My approach is rooted in precision, patience, and disciplined execution, where risk management is not just a rule but the foundation of consistency.
    8 products
  • Version: 1.0

  • Megatron Shark Indicator – MT5 Harmonic Pattern Detection Tool

The Megatron Shark Indicator is a MetaTrader 5 tool for detecting and displaying Shark harmonic patterns directly on the chart. It automatically identifies bullish and bearish Shark formations, calculates entry, stop-loss, and take-profit levels, and provides real-time alerts. This allows traders to quickly integrate harmonic pattern analysis into their trading process without manual drawing.

  • Advantages

* Automatic Pattern Detection – Scans the chart for Shark harmonic patterns without manual measurement.

* Real-Time Alerts – Pop-up and push notifications when a valid pattern is identified.

* Defined Trading Levels – Entry, stop-loss, and take-profit points calculated for trade planning.

* User-Friendly Settings – Adjustable parameters to match individual trading preferences.

* Clear Visual Display – Patterns and trading levels plotted on the chart for fast analysis.

  • Features

* Detects both bullish and bearish Shark harmonic patterns.

* Works across multiple timeframes in MetaTrader 5.

* Quality scoring to filter potential trading opportunities.

* Two take-profit targets for trade management flexibility.

* Applicable to Forex pairs, commodities, indices, and other MT5 instruments.

* Saves detected pattern information to a file for review and analysis.

  • Input Parameters

* MaxBarsToScan – Number of bars to scan for patterns (default: 500).

* MinQualityScore – Minimum score for detection (default: 60.0, range 0.0–100.0).

* ShowLabels – Show or hide pattern labels on the chart (default: true).

* EnableAlerts – Enable or disable pop-up and push notifications (default: true).

* LineColorBullish – Color of bullish pattern lines (default: clrLime).

* LineColorBearish – Color of bearish pattern lines (default: clrRed).

* LineStyle – Style of pattern lines (default: STYLE\_SOLID).

* LineWidth – Thickness of pattern lines (default: 1).

This indicator is designed for traders who want an efficient way to identify and trade Shark harmonic patterns in MT5. It supports short-term, intraday, and swing trading styles. It is recommended to test the settings on a demo account before using them in live trading incase of any errors please let us know.


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Profit from market structure changes as price reverses and pulls back. The Market Reversal Alerts indicator identifies when a trend or extended price move is approaching exhaustion, alerts you the moment market structure shifts, and confirms the entry when price re-tests the reversal zone, so you trade defined areas instead of guesses. How it works As price forms new highs or lows near potential exhaustion points, the indicator identifies the breakout and momentum, then draws a rectangle on the
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