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Gartley Projection D

The indicator identifies the harmonic patterns (XABCD) according to developments of H.M.Gartley ("Profits in the Stock Market", 1935г).

It projects D-point as a point in the perspective projection (specify ProjectionD_Mode = true in the settings).

Does not redraw. When a bar of the working timeframe closes, if the identified pattern point has not moved during Patterns_Fractal_Bars bars, an arrow appears on the chart (in the direction of the expected price movement). From this moment on, the arrow permanently remains on the chart.

The total number of patterns is 85 (including Gartley-222 and Gartley-222WS, the full list is available in the Comments section). Only the latest identified pattern is filled with a solid color among all identified patterns.


Parameters

  • DrawPatterns (true/false) - draw a pattern with a solid color
  • ProjectionD_Mode (true/false) - mode for defining the D-point as a projection in perspective
  • Patterns_Fractal_Bars - the number of the working timeframe bars, during which the latest identified pattern point must remain fixed for it to be considered a formed fractal (an arrow appears on the chart)
  • Patterns_Deviation - allowed percentage deviation from the reference values of side proportions in a pattern (allowed value range)
  • Patterns_XA_MinLength_Bars - the minimum allowed number of bars on the initial segment XA
  • Patterns_XA_MinHeight_Points - the minimum allowed size of the initial segment XA in points
  • ZigZag_Depth - parameter of the ZigZag indicator
  • ZigZag_Deviation - parameter of the ZigZag indicator
  • ZigZag_Backstep - parameter of the ZigZag indicator
  • ShowInfo (true/false) - display the list of identified patterns at the left side of the chart
  • PrintInfo (true/false) - print the information to th log
Reviews 7
amfels07
494
amfels07 2018.04.26 16:40 
 

Updated review: I rented this indicator awhile back but came back to started using it once again because if you really study these patterns use both True and False settings it will allow you to see the whole picture of the particular pair you're trading.........This is just the way i like to use it following the False setting to trade but also using the True setting to be able to calculate my exit area to take profit at........Simply the best out there recommend is 1,000%!!! Thanks for your hard work on this huge winner, Oleksandr!!

Awesome Indicator, Great Work!! Truly no repainting arrows plus nice Gartley patterns respecting prices as far as I can see I can't wait to use it long term but short term I've had it already had a couple of winners following longer 1h,4h time frames THANKS!

Kamchattech
132
Kamchattech 2018.03.13 16:13 
 

Great product! I recommend everyone. The developer is very responsive and constructive. An excellent specialist. Uniquely the maximum score.

Peter de Haas
1080
Peter de Haas 2017.11.12 21:20 
 

Good indi , Best on 4H TF

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The indicator shows the trader when to enter and exit the market. Does not redraw its signals and is equally effective on all timeframes starting from M5. It can be placed on any currency pair. Indicator Features It shows when to enter the market using arrows. It shows when to exit the market using colored lines. Both the market entry arrows and the dotted lines, that tell when to exit the market, are not redrawn. Draws the arrows on the "zero bar". Displays the potential profit, that could be
147 USD
EFW Pattern Trader MT4
Young Ho Seo
EFW Pattern Trader is a Powerful Pattern Scanner for your trading. The main pattern detection methods in this software follows the principle of Equilibrium Fractal Wave (EFW Notation using shape ratio and propagation ratio, original concept created by Young Ho, Seo). Therefore, our EFW Pattern Trader provides an effective pattern detection algorithm. Any patterns in EFW Pattern Trader can be backtested visually in your strategy tester. Visual backtesting with pattern will show you how pattern wi
100 USD
PipFinite Exit EDGE
Karlo Wilson Vendiola
Did You Have A Profitable Trade But Suddenly Reversed? In a solid strategy, exiting a trade is equally important as entering. Exit EDGE helps maximize your current trade profit and avoid turning winning trades to losers. Never Miss An Exit Signal Again Monitor all pairs and timeframes in just 1 chart ► www.mql5.com/en/blogs/post/726558 How To Trade You can close your open trades as soon as you receive a signal Close your Buy orders if you receive an Exit Buy Signal. Close your Sell orde
88 USD
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salco85 Litwinov
167
salco85 Litwinov 2018.05.22 20:11 
 

Самый плохой индикатор из всех гартли что я встречал!! Стрелки рисуют после обновления графика,фильтром в алгоритме индикатора как заявляет автор нет. Полная ерунда. ZUP бесплатный и тот лучше на много чем этот шлак.По структуре точка D должна не перерисовывать если это эталонные значения паттерна,но здесь в этом индикаторе все обратное точка D при эталонных значениях пропадает паттерн ваще отменяется как так я в шоке ??? Кароче ребятки полная ерунда и очередной шлак этот индикатор.

amfels07
494
amfels07 2018.04.26 16:40 
 

Updated review: I rented this indicator awhile back but came back to started using it once again because if you really study these patterns use both True and False settings it will allow you to see the whole picture of the particular pair you're trading.........This is just the way i like to use it following the False setting to trade but also using the True setting to be able to calculate my exit area to take profit at........Simply the best out there recommend is 1,000%!!! Thanks for your hard work on this huge winner, Oleksandr!!

Awesome Indicator, Great Work!! Truly no repainting arrows plus nice Gartley patterns respecting prices as far as I can see I can't wait to use it long term but short term I've had it already had a couple of winners following longer 1h,4h time frames THANKS!

Kamchattech
132
Kamchattech 2018.03.13 16:13 
 

Great product! I recommend everyone. The developer is very responsive and constructive. An excellent specialist. Uniquely the maximum score.

Aravind
6310
Aravind 2018.02.04 04:40 
 

User didn't leave any comment to the rating

Peter de Haas
1080
Peter de Haas 2017.11.12 21:20 
 

Good indi , Best on 4H TF

Yehor Pozhydaiev
1071
Yehor Pozhydaiev 2017.08.07 20:06 
 

User didn't leave any comment to the rating

rainwalker123
2697
rainwalker123 2017.08.01 18:50 
 

I have to correct the review, this is an amazing indicator, which I recommend to everyone.!!!!

Very good for beginners, and experienced Traders

Reply to review
Version 3.23 2017.08.22
Added Alerts (send mail, Push-notification, etc.).