Gartley Projections D

3

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.

NOTE: 2-3 and more arrows in a row - this is changing market conditions, NOT redraw.

The total number of patterns is 85 (including Gartley-222 and Gartley-222WS, the full list is available at the link to drive.google 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 the log

For clarity and better practical use, I prefer to split all harmonic patterns into 12 groups:

  • Golden-Ratio – classic Fibonacci symmetry

  • Moderate-Retracement – shallow B-point pullbacks

  • Deep-Retracement – deep B-point retracements

  • Extreme-Extension – stretched BD/XB extensions

  • Reciprocal-Structure – mirror-symmetric AC legs

  • Shark-Family – specific 0.752 / 1.373 AC ratios

  • Anti-Patterns – inverse-logic harmonic structures

  • Extreme-Expansion – oversized XB or XD legs

  • Special-Symmetry – BD ≈ XD proportional symmetry

  • Balanced-Complex – multi-condition blended ratios

  • BG-Series – XB=0.507, XD=1.00 proprietary set

  • Swan-Patterns – Black/White Swan extreme models

Reviews 3
Peter de Haas
1163
Peter de Haas 2017.11.12 21:21 
 

Also a verry good indicator

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Divergence Formation RSI (hereinafter "Diver") Classic (regular) and Reversal (hidden) Divers - at your choice: Adjustable sizes and all parameters Flexible settings including VOID levels (alert function in place, arrows to show in which direction to trade) No re-paint / No re-draw (must set CalcOnOpenBar =false) SetIndexBuffer available for all variables (can be used in EA) Auto-detect 4- and 5-digit price function Light (does not over-load MT4) In order for Regular Classic RSI Divergence to ex
Is 3 SMA Spread
Oleksandr Medviediev
3-SMA-Spread - cross-instrument stat.arb (Statistical Arbitrage) Indicator of market Spread of 3 (three) different instruments via building visual  iChannel  (see below formula) that is changing its Width proportionally to the input from each instrument ("Statistical Arbitrage" based on SMA ). Core principle: Price lines following the prices of "their" symbols after each discrepancy are constantly tending to return to the total of "synthetic" central.  In other words, a system of 3 "related" ins
Is 3 Hull Spread
Oleksandr Medviediev
5 (1)
3-Hull-Spread - professional cross-instrument stat.arb (Statistical Arbitrage) Indicator of the SPREAD of 3 (three) different instruments via building visual iChannel (see the equation below) that is changing its Width proportionally to the input from each instrument ("Statistical Arbitrage" based on Hull MA =HMA). Core principle: price lines following the prices of "their" symbols after each discrepancy, constantly tending to return to the total of "synthetic" central. In other words, a system
Diver Hurst
Oleksandr Medviediev
Divergence Formation Hurst (hereinafter "Diver") is based on Hurst exponent used as a measurement of long term memory of time series. Classic (regular) and Reversal (hidden) Divergences - at your choice. Adjustable sizes and all parameters Flexible settings including VOID levels (alert function in place, arrows to show in which direction to trade) No re-paint / No re-draw (must set CalcOnOpenBar =false) "SetIndexBuffer" available for all variables (can be used in EA) Auto-detect 4- and 5-digit p
Diver BBands
Oleksandr Medviediev
Divergence Formation BBands (hereinafter "Diver") is based on Bollinger Bands Technical Indicator (BB). Classic (regular) and Reversal (hidden) Divergences - at your choice. Adjustable sizes and all parameters Flexible settings including VOID levels (alert function in place, arrows to show in which direction to trade) No re-paint / No re-draw (must set CalcOnOpenBar =false) "SetIndexBuffer" available for all variables (can be used in EA) Auto-detect 4- and 5-digit price function Lite (does not
Diver OBV
Oleksandr Medviediev
OBV   Divergence Formation  (hereinafter "Diver") is based on On Balance Volume  technical indicator (OBV) that is a momentum indicator that relates volume to price change. Classic (regular) and Reversal (hidden) Divergences - at your choice. Adjustable sizes and all parameters Flexible settings including VOID levels (additional alert function, arrows on price-chart show in which direction to trade) No re-paint / No re-draw (set  CalcOnOpenBar =false) "SetIndexBuffer"  available for all variable
Gartley Projection D
Oleksandr Medviediev
3.71 (7)
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 ar
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skyfall2014
275
skyfall2014 2018.01.29 23:30 
 

2018/01/30 01:19:09 Completed #2328038 viniciusmrod

Oleksandr Medviediev
4653
Reply from developer Oleksandr Medviediev 2024.04.04 20:52
Justify your 1-star rating. Be fair, or be false.
Peter de Haas
1163
Peter de Haas 2017.11.12 21:21 
 

Also a verry good indicator

Aravind Kolanupaka
10370
Aravind Kolanupaka 2017.05.18 10:40 
 

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