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Norepaint Harmonic Patterns with minimal Lag MT5

This non-repainting indicator displays harmonic patterns with minimal lag. The indicator applies enhanced wave calculation allowing you to select parameters fitting your trading style. When a new figure is formed, the most probable price movement direction is displayed as a non-repainting arrow at a candle (bar) opening. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butterfly, Crab, Bat), 3Drives, 5-0, Batman, SHS, One2One, Camel, Triangles, WXY, Fibo and Vibrations. Only display of ABCD and Gartley patterns is enabled in the settings by default. Plenty of additional customizable parameters are provided.


Main Parameters

  • Limit bars count to analyze - limit the number of calculated bars for saving time and PC resources
  • ShowUpDnArrows - show/hide probable direction arrows
  • ArrowUpCode - up arrow code
  • ArrowDnCode - down arrow code
  • Show old history patterns - enable/disable display of outdated patterns
  • Enable alert messages, actual if history OFF - enable/disable alerts when patterns appear/change (only when history is disabled)
  • Enable alert notification, actual if alert messages is enabled - enable/disable notifications (MQ ID) when patterns appear/change (only when history is disabled)
  • Enable alert mail, actual if alert messages is enabled - enable/disable e-mail when patterns appear/change (only when history is disabled)
  • Enable alert sounds, actual if history OFF - enable/disable audio signals when patterns appear/change (only when history is disabled)
  • AlertsSoundFileName - signal sound file name
  • Back color - background color
  • Main text color - main text color
  • Main text font size - main text font size
  • PeriodLowest - period for the extrema search algorithm
  • DivLLPeriod - separator of a period for the extrema search algorithm
  • LLMethod1 - extrema search algorithm averaging (method 1)
  • LLMethod2 - extrema search algorithm averaging (method 2)
  • LLPrice1 - price type 1 for the extrema search algorithm
  • LLPrice2 - price type 2 for the extrema search algorithm
  • TriggerSensivity - smoothing filter sensitivity (or its minimum limitation when using the option in dynamic mode)
  • UseDynamicSensivity - enable/disable dynamic filtration
  • DynamicSensivityPeriod - dynamic filtration period
  • DynamicSensivityMul - dynamic filtration ratio
  • UseMinSensivityFilterForDynamic - enable/disable the minimum sensitivity threshold during dynamic filtration (the value is included into TriggerSensivity)
  • DrawPnts - enable/disable display of extrema values
  • ArrowCode - extrema value symbol code
  • Limit points to search patterns - amount of extrema points for searching for patterns

All indicator parameters can be found here: https://c.mql5.com/31/98/params.txt (in Russian).

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Version 1.8 2020.08.20
Added the ability to hide everything except the direction arrows after forming patterns.
Version 1.7 2020.03.07
Updated the algorithm for searching for wave vertices.
Version 1.6 2019.10.19
E-mail alerts added
Version 1.5 2019.06.12
The fractal search algorithm has been improved.
Version 1.4 2019.06.11
Добавлена проверка на загрузку котировок.
Version 1.3 2019.06.03
Выполнена оптимизация кода. Улучшена производительность.
Version 1.2 2019.05.24
Функции поиска сдвига бара, и экстремумов ценового массива заменены на встроенные в обновлённый MQL5.
Version 1.1 2019.05.16
Изменён порядок параметров.