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  • Reviews (24)
  • Comments (148)
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Shepherd Harmonic Pattern

This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. You can see user manual from this link:

https://www.mql5.com/en/blogs/post/719257

There is a free version to try this product. You can use it to detect Gartley and Nenstar patterns:

https://www.mql5.com/en/market/product/30181


Notes

  • Indicator has control panel and it will save every (chart & timeframe) settings. You can minimize it to have more space on chart and you can press close button to hide all indicator data on chart if you prefer to work with other analysis tools at that moment.
  • When you use this indicator and change the settings, add indicators like Moving Average or Bollinger Bands, this indicator will save template of you edits automatically and you can load them any time you need.
  • If you are using Windows 10, press right click on MetaTrader icon > Compatibility > Change High DPI Settings > System (Enhanced) to have best screen settings (it should be done in HD Devices).
  • Indicator is simply an interpretation of harmonic trading theory for detecting harmonic patterns on the chart. If you want to learn it you can search for Scott Carney's book named "Harmonic Trading vol 1&2".
  • Indicator has price and time alert lines.
  • Indicator will draw Fibonacci fans on your detected patterns.
  • Indicator will draw Pivots/Camarella/Patterns Ray.
  • You can load manually drawn objects from higher timeframes into lower timeframes.
  • Reset buttons will clear all saved settings (All / Current) timeframe.
  • Indicator has an alert / notification system that will provide you with targets/stop/entry points as signal.
  • Indicator will detect divergence (yellow and orange arrows) and they serve as good confirmations.
  • Indicator will calculate best lot size for every pattern as it is good for your balance with risk value as you insert in settings.
  • Indicator will detect also price action patterns (Pinbar,InsideBar,OutSideBar).
  • You can use this indicator buffers in an EA using this code:
double buy_signal=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",0,0); //if(buy_signal!=0){//buy}
double sell_signal=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",1,0); //if(buy_signal!=0){//sell}
double bull_divergence=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",2,0); //if(bull_divergence!=0){//buy}
double bear_divergence=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",3,0); //if(bear_divergence!=0){//sell}
double sl_Value=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",4,0); double tp1_Value=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",5,0);
double tp2_Value=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",6,0);
double Price_Action=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",7);if(Price_Action!=0){//trade=true;}


Parameters

  • Use_System_Visuals - Enable\Disable indicator theme.
  • Show_Last_Candle_Counter - Enable\Disable candle timer.
  • Candle_Counter_Color - Color of candle timer.
  • Accuracy_Percent - Percent for patterns proportions accuracy.
  • Bullish_Pattern_Color - Color for bullish patterns.
  • Bearish_Pattern_Color - Color for bearish patterns.
  • ABCD_Color - AB=CD patterns color.
  • Manual_Pattern_Color - Color of manual pattern.
  • Show_Proportions - Enable\Disable patterns proportions view.
  • Show_PRZ - Enable\Disable potential reversal zones view.
  • Targets_Only_Completed_D - Enable\Disable show targets only on completed patterns.
  • Font_Color - Color of texts.
  • Fan_Color - Color of fans.
  • Send_Alert - Enable\Disable alert function.
  • Send_Notification - Enable\Disable notification function.
  • Send_Email - Enable\Disable email function.
  • InsideBar_Sensor - Enable\Disable InsideBar price action detecting.
  • OutSideBar_Sensor - Enable\Disable OutSideBar price action detecting.
  • PinBar_Sensor - Enable\Disable PinBar price action detecting.
  • Risk_Percent - Risk percent to calculate with patterns stop loss value and account balance.
  • History_Bars - Max bars that will be used in calculations.
crisrivolta Rivolta Cidro
85
crisrivolta Rivolta Cidro 2018.09.19 19:08 
 

Dear friend

I sent a private message, please check.

Alessandro Rosati
681
Alessandro Rosati 2018.07.09 11:27 
 

Good product. New notification system is the best A+

cobar53
43
cobar53 2018.05.24 02:50 
 

I found this an unsatisfactory produce.

There is no Manual

It does not pick up nearly as many patterns as ZUP or KOR

I showed the owner suitable screen shots as proof.

When I requested a refund, the owner denied it.

I would not recommend buying this product

1Wolf1Pig
133
1Wolf1Pig 2018.04.12 10:06   

HEY THIS IS ONE HECK OF A INDICATOR BUD!!!!!! IF YOU DON'T HAVE THIS DONT WAIST ANY MORE MONEY ON OTHER INDICATORS PERIOD....BUY IT NOW AND FOLLOW THE INSTRUCTIONS ON IT.....I GIVE HATS OFF TO THE AUTHOR...HARMONICS ARE VERY FAVORED BY THE FOREX MARKET IT RESPECTS THEM WELL....GOOD DAY

4032680
25
4032680 2018.02.23 17:40 
 

بصرحة المؤشر فوق الممتاز بل خيالي في صيد أفضل الفرصة ويعطيك مصداقية وأكثر ثقة في اتخاذ القرار للدخول في الصفقة بقلب قوي

Ahmed Tawfik
346
Ahmed Tawfik 2017.07.26 13:04 
 

this is very Unique Indicator that I really happy with , the creator of this Indicator is a creative and helpful person

he is already running a group that help his customer to hunt real and profitable opportunities , such indicator is what i have been looking for a very long time , Plus the support provided and help from the owner and other users that already purchased this product

Stefano Leale
758
Stefano Leale 2017.07.07 12:46 
 

It's been a long time since I was looking for an indicator like this, clearly well done. The author is really capable of explaining its operation and also giving clarification about the matter of harmonic patterns. You see that the author besides doing it for work also does it for passion. For several years I have been working on forex and I can honestly say that such precise indicators and such legitimate authors count on the fingers of a hand. I really recommend it!

Bradley Bosworth
250
Bradley Bosworth 2017.06.15 06:17 
 

Still trying to figure the ins and outs of this system, but overall I like it :) Takes some getting used to the redrawing of the patterns. But with entry zones it makes it easier!

Talal Mansour
1024
Talal Mansour 2017.05.31 23:42 
 

Very will Indicators i recomand it 5 star

ostaz
14
ostaz 2017.05.02 15:49 
 

Well .. thank u so much for such a remarkable indicator,its obvious that u did a great effort to reach this level of accuracy.

Cant wait for ur next one .. i hope there is more :)

atiya85
16
atiya85 2017.05.02 00:43 
 

v goood

shakir2007
14
shakir2007 2017.04.30 01:32 
 

Very good indicator to finding Harmonic Pattern with accurate entry zone .

Mohammed Saleh
203
Mohammed Saleh 2017.04.29 20:14 
 

شي خياااااااااااال ,,,, يا سلام

ritagedz
66
ritagedz 2017.04.29 18:26 
 

والله بترفع الراس يا اخي مؤشر ماشاء الله عليه ابداااااااع شكرا لك ...اختك رتاج الجزائرية

naeems80
46
naeems80 2017.04.29 16:16 
 

ما شاء الله عليك اخوي

مؤشر قوي وجبار

موفق وانصح الجميع بشراء المؤشر

شكرا لك

Meshari alsafi Safi
148
Meshari alsafi Safi 2017.04.18 14:33 
 

والله يا جماعة الموشر متعوب عليه جدا وقيمته لا تعادل قوة واداء الموشر

انصح بالشراء يكفي يرسم لك الهارمونيك النمادج العكسية والاراتدادات

واشكر صاحبه على التواصل والشرح واعطاء الفرص المتاحة

rainwalker123
1276
rainwalker123 2016.12.11 10:35 
 

Hello Abdullah, I give 5stars because of the people below and what I have see in the past detected patterns.

I miss something in this indicator, which is very important to know. I can not sit the whole day, in front of the monitor. MT4 sends me the EMAILs, but only the time of the signal! No profit targets, and where to put the SL. Would it be possible to ad those features?

Hope you can.

Thank you

richiedinc
367
richiedinc 2016.11.12 14:08 
 

perfect indicator that works perfectly and very very helpfull guy.. what do you want more ??

Jamesdelz
1892
Jamesdelz 2016.10.01 06:49 
 

very helpful guy!

anda007
100
anda007 2016.09.27 01:44 
 

pretty good

unlike me , if u are patient enough to wait strong signal confirmations, u'll be victorious with this......i guess

---EDITED from 19th Sept---

after put aside my rooted scalper mentality, i add more stars for this :D

waldossari
19
waldossari 2016.07.27 19:26 
 

A very profitable indicator with a simple interface and accurate patterns.

HZeno80
29
HZeno80 2016.07.27 01:07 
 

يسلم ايديك فعلا مؤشر غني عن التعريف و 100/100 يعني بصراحة نماذج الهارمونيك من أصعب التداولات التوافقية بس عن طريق هالمؤشر يمكن كشف كل النماذج وبسهولة كبيرة

فعلا تستاهل خمس نجوم على هالابداع

Imadov Eden Park
54
Imadov Eden Park 2016.06.19 02:56 
 

Nice indicator 100/100

Damian Mateusz Dziadosz
9263
Damian Mateusz Dziadosz 2016.05.28 16:09 
 

User didn't leave any comment to the rating

Version 9.2 2018.08.18
- Improve Pattern detecting.
Version 9.1 2018.08.16
-Bug Fix in Pattern Detiction
Version 9.0 2018.07.02
1. Code rewritten and it is so faster now.
2. Added buffers to use within EAs.
3. Added Control Panel.
4. Added Indicator Template to save its settings automatically in it.
5. Added Predicted And Manual Patterns Functions.
6. Add Pivots and Camarilla Lines.
7. Added Alarm for price and time lines.
8. Improved Alert and Alarms Functions.
9. Add money management system to calculate every pattern risk size.
Version 8.9 2017.05.11
*Bug Fix change time frame error.
Version 8.8 2017.04.28

1 - Add new pattern 123 drives.
2 - Improve alert system
3 - Improve patterns drawing.
4 - Targets will appear only when pattern complete.
5 - Bug fixes.
Version 8.7 2016.07.14
* Bug Fix error.
Version 8.6 2016.07.06
1. update panel now it will show you more info .
2. improved money management system that will be shown on panel .
3. added divergence on RSI arrows with panel notify.(Because of many harmonic traders using it).
4. added last detected pattern notify on panel .
5. more accuracy to view patterns.
6. Edited potential reversal zone areas (prz) and added entry zone this is the strongest one and from it price is hard to reverse.