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Shepherd Harmonic Pattern

4.68

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:


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 
  • 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",0,1); //if(buy_signal!= EMPTY_VALUE){//buy}
double sell_signal=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",1,1); //if(buy_signal!=EMPTY_VALUE){//sell}
double bull_divergence=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",2,1); //if(bull_divergence!=EMPTY_VALUE){//buy}
double bear_divergence=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",3,1); //if(bear_divergence!=EMPTY_VALUE){//sell}
double sl_Value=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",4,1); 
double tp1_Value=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",5,1);
double tp2_Value=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",6,1);
double tp3_Value=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",7,1);
double Price_Action=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",8,1);if(Price_Action!=EMPTY_VALUE){//trade=true;}


Parameters

  • Use_System_Theme- Choose color scheme.
  • EA_MODE - Put it true when you call it on ea.
  • 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.
  • 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 detectin
  • PinBar_Sensor - Enable\Disable PinBar 
  • Risk_Percent - Risk percent to calculate with patterns stop loss value and account balance.
  • Lot_Calculate_On - Choose risk calculation between static or percent risk value.
  • History_Bars - Max bars 


Reviews 20
Suleiman Alhawamdah
1007
Suleiman Alhawamdah 2023.06.04 18:49 
 

Thanks for the new update

trinh tien
49
trinh tien 2023.03.08 15:29 
 

This is best indicator that i ever bought.It worked well in forex and stock. The author is very kind.He is willing to support customer. I appriciate him. However should add scanner function . it will convinient . we will take less time to search the harmonic patter. Thank you for hard-working.

David Gakuya Kariuki
121
David Gakuya Kariuki 2023.03.01 16:23 
 

Two things I love about Shepherd Hamonic Indicator: 1:It works well combining Markets action, Harmonics, and Elliott Wave. 2: The developer, Mr. Abdullah Alrai is approachable. I have invested in the indicator. I suggest, to your life-term benefit that you also do.

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Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Profit for market swings with
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PZ TRADING SLU
5 (3)
Tricky to find and scarce in frequency, divergences are one of the most reliable trading scenarios. This indicator finds and scans for regular and hidden divergences automatically using your favourite oscillator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Finds regular and hidden divergences Supports many well known oscillators Implements trading signals based on breakouts Displays suitable stop-loss and take-profit levels Configurable oscill
ECM Channel MT4
Paulo Rocha
5 (1)
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
Full STO
Roman Smoroda
Full STO indicator (includes all versions of three STO indicators: Premium, Gold, Silver) - STABLE TRADE OPTION is designed for automatic binary options trading.  READ CAREFULLY!!!!! IMPORTANT In one terminal create two templates with different expirations, a template for 18:01, 18:02 with expirations from 1 to 15 minutes and a template for 22:00 with expirations from 10 to 20 minutes. Winrate: 71% over the past 5 years Money management: 0.3% from the deposit This version of the indic
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Abdullah Alrai
5 (4)
This is an astronomy indicator for the MT4 platform like optuma program that performs a variety of functions. It uses complex algorithms to perform its own calculations, which are so accurate. The indicator has a panel that provides astronomical information such as planets' geo/heliocentric cords, distance of sun/earth, magnitude, elongation, constellation, ecliptic cords, equatorial cords, and horizontal cords depending on  the vertical line that generated by the indicator depend on the time va
Gann Squares Indicator: Analyzing Markets with Geometric Patterns The Gann Squares indicator is a powerful tool for market analysis that draws upon the mathematical concepts introduced by W.D. Gann in his article on "Mathematical Formula for Market Predictions." This indicator incorporates Gann's techniques involving square numbers such as 144, 90, and 52, as well as the Square of 9. Additionally, it incorporates  method for utilizing the Square of 9 in conjunction with channels and the star pa
This indicator is a market analysis method based on the "Mathematical formula for market predictions" article written by WD Gann depending on square of 144 90 and 52 . And square of 9 With method by Dr.hamada salam about square of 9 and its relations with channel and star of that square. User Manual: Add Your review And contact us to get the user manual https://ontrd.com/our-books/ You Can Buy Full MT4 Full Version: https://www.mql5.com/en/market/product/15316 You can test on MT4 For free :
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Abdullah Alrai
4.86 (37)
Download user manual from: https://ontrd.com/our-books/ Have full version from: https://www.mql5.com/en/market/product/104073 MT5 Version: https://www.mql5.com/en/market/product/30284 This indicator is a market analysis method based on the "Mathematical formula for market predictions" article written by WD Gann depending on square of 144 90 and 52 . And square of 9 With method by Dr.hamada salam about square of 9 and its relations with channel and star of that square User Manual: Add Your r
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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 (it detect only Gartley and Nenstar Patterns) to try this product. You can buy the full MT4 version from: https://www.mql5.com/en/market/product/104689 Notes When you use this indicator and change the settings, add indicators like Moving Average or Bollinger Bands, this indicator will
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This indicator has been designed to integrate with the Elliott Wave theory, providing two distinct methods of operation: Automatic Work: In this mode, the indicator operates autonomously by detecting all five motive waves on the chart according to Elliott Wave theory. It offers predictions and identifies potential reversal zones. Additionally, it has the capability to generate alerts and push messages to notify traders of significant developments. This automated functionality streamlines the pr
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This indicator serves the purpose of visually representing the Donchian channel on your trading chart. The Donchian channel is a straightforward technical tool used to depict the range between the highest high and the lowest low over a specified period. This indicator enhances the visual analysis of price movements, offering insights into potential breakout and trend continuation points. The Donchian channel can be applied to both the current time frame and a higher time frame, should you choose
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5 (1)
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Abdullah Alrai
4.9 (10)
Download user manual from : https://ontrd.com/our-books/ MT5 Version : https://www.mql5.com/en/market/product/30284 This indicator is a market analysis method based on the "Mathematical formula for market predictions" article written by W.D. Gann depending on square of 144 90 and 52 . And square of 9 With method by Dr.hamada salam about square of 9 and its relations with channel and star of that square User Manual: Add Your review And contact us to get the user manual You Can Buy Full M
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Suleiman Alhawamdah
1007
Suleiman Alhawamdah 2023.06.04 18:49 
 

Thanks for the new update

trinh tien
49
trinh tien 2023.03.08 15:29 
 

This is best indicator that i ever bought.It worked well in forex and stock. The author is very kind.He is willing to support customer. I appriciate him. However should add scanner function . it will convinient . we will take less time to search the harmonic patter. Thank you for hard-working.

Abdullah Alrai
41225
Reply from developer Abdullah Alrai 2023.03.08 15:31
Tahank you mr
David Gakuya Kariuki
121
David Gakuya Kariuki 2023.03.01 16:23 
 

Two things I love about Shepherd Hamonic Indicator: 1:It works well combining Markets action, Harmonics, and Elliott Wave. 2: The developer, Mr. Abdullah Alrai is approachable. I have invested in the indicator. I suggest, to your life-term benefit that you also do.

Abdullah Alrai
41225
Reply from developer Abdullah Alrai 2023.03.01 16:25
Thanks mr david
elite luis
3331
elite luis 2023.02.25 09:05 
 

1 word is Profitable! Best Buy for 2023! and Author provide very good support, excellent!

Abdullah Alrai
41225
Reply from developer Abdullah Alrai 2023.02.25 09:31
Thank you mr dan
alattar
164
alattar 2023.01.17 16:17 
 

افضل موشر هارمونك ممكن تستخدمه

Abdullah Alrai
41225
Reply from developer Abdullah Alrai 2023.01.17 16:27
Thank you sir
Ibrahim Patel
225
Ibrahim Patel 2022.11.10 04:11 
 

hi, i messaged regarding instructions as i need them to use the software, i havnt used yet, but i have the paid version so if you can provide instructions on how to use the product that would be much appreciated wassalam

nabeel09
36
nabeel09 2022.08.30 03:18 
 

Its good but very slow

Simon Akubue
3272
Simon Akubue 2022.08.15 17:51 
 

This look good and awesome to use as trading tool.

Corneliu Raileanu
222
Corneliu Raileanu 2022.07.05 22:16 
 

I used the demo product for a number of months and I was satisfied with the product, even if it was lagging. But the paid version is great, it works faster and the panel makes it awesome. A big thanks to Abdullah for technical support. :)

Abdullah Alrai
41225
Reply from developer Abdullah Alrai 2022.07.05 22:17
Thank for your kind words you are most welcome
Malek Ammar Mohammad Alahmer
239
Malek Ammar Mohammad Alahmer 2022.06.27 04:04 
 

The indicator was amazing and helpful ,I use it with supply and demand strategy it increase my winning ratio ,the seller abdullah is kind and helpful as well ,he is well cooperative with answering questions, big thanks to abdullah

Abdullah Alrai
41225
Reply from developer Abdullah Alrai 2022.06.27 07:42
Thank you mr makek
Hugoberg888
107
Hugoberg888 2022.06.24 22:56 
 

Great interface, love the fact that all 3 indicators (Harmonics, Elliot and Wolfe Waves) can be added on the same chart.

Abdullah Alrai
41225
Reply from developer Abdullah Alrai 2022.06.24 22:57
Thank you sir we appreciate that
mikebills
41
mikebills 2022.06.17 23:55 
 

The author of this indicator is really caring and very responsive. Thanks bro for the good work

Abdullah Alrai
41225
Reply from developer Abdullah Alrai 2022.06.24 22:57
Thank you sir
ENOCK AKUWURE
128
ENOCK AKUWURE 2022.05.06 13:17 
 

Hi abdullah, I just bought the indicator.. What setting should I use for higher accuracy ?

Abdullah Alrai
41225
Reply from developer Abdullah Alrai 2022.05.06 14:23
Welcome sir Best settings is the default that what i am using in my personal work and if you want to change that relate to your trading type
Samuel Diseko
254
Samuel Diseko 2022.04.26 18:33 
 

Hi Abdullah Thank you for a quality product and I am also happy with the performance. Keep up the good work. 👍

Abdullah Alrai
41225
Reply from developer Abdullah Alrai 2022.04.26 18:39
Thank you sir for your kind words
Kevin Lemire
192
Kevin Lemire 2022.04.03 22:56 
 

Thanks Abdullah for this very nice update, can't wait to start using it. EA mode will certainly help a lot.

Abdullah Alrai
41225
Reply from developer Abdullah Alrai 2022.04.03 22:58
Welcome sir ..
And thanks for this kind words if you needed any help please contact us on telegram at
@forex_manager
Devonish
2933
Devonish 2022.03.29 17:28 
 

Another quality product.

MS-corp consulting
23
MS-corp consulting 2022.03.02 19:19 
 

Very very good indicator , the best I had for now. Interface very accurate and simple to understand.

Abdullah Alrai
41225
Reply from developer Abdullah Alrai 2022.03.02 19:25
Thank you sir for your trust
hungnq1992
1175
hungnq1992 2022.02.24 10:31 
 

I will learn how to use this indicator for better trading results

JEFE005
42
JEFE005 2022.01.22 21:06 
 

HI, its very good, ut i have a question; what function does the ray have? it does not appear in any graph.

Abdullah Alrai
41225
Reply from developer Abdullah Alrai 2022.01.22 21:26
Thanks sir for your kind words...
Ray activated after tick happen or after you make refresh.. it will extend ray of basic pattern trend
Corrado Bruni
403
Corrado Bruni 2022.01.19 13:59 
 

Accurate indicator. Optimize trading. The author is available and prepared.

Abdullah Alrai
41225
Reply from developer Abdullah Alrai 2022.01.19 23:30
Thanks mr bruni
Reply to review
Version 9.6 2023.06.04
- Add font size control
- Panel save adjustment
Version 9.5 2022.03.31
- New Panel
- Add Elliot Waves
- Add Wolfe Waves
- Add EA_MODE in settings for who use it in EA.
- Add buffer definitions for buffer 10 elliot >20 / wolfe >21
Version 9.4 2021.03.20
- Added Buffer 10 To Identify Pattern name By Value As Next :
//Gartley=1
//Bat=2
//Butterfly=3
//Crab=4
//Cypher=5
//Shark=6
//Gartley_Anti=7
//Bat_Anti=8
//Crab_Anti=9
//Butterfly_Anti=10
//Cypher_Anti=11
//Shark_Anti=12
//White_Swan=13
//Black_Swan=14
//NenStar=15
//Deep_Crab=16
//Dragon=17
//5_O=18
//ABCD=19
Version 9.3 2020.05.29
- Improving for Code .
- Add TP3 Buffer
- Improved Saved Data
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.