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Harmonics BAT Pattern

This is a Harmonics Bat pattern EA. It can identify different variants of Harmonics Bat patterns (Bullish and Bearish) and accurately place trades. It has the following features:

  1. It provides the option of automatically determining the best take profit and stop loss point.
  2. Determines a good point for entering trades based on a projected D point of the Bat patterns.
  3. Trade management by using flexible stop loss, trailing stop loss and partial of full take profit.
  4. There is also a possibility to toggle on/off a built-in martingale function.

All timeframes and currencies are supported, but please note that it is recommended that you perform optimization for best parameter settings.


Input parameters

  • EA_Name: This name of EA will be printed in the comments of each trade
  • Choose EA Mode: Chose whether the EA should open real trades (Trading Mode) or just send alerts (Alert Mode)
  • BB_RSI_Combination: Choose the indicator (Bollinger Bands and/or RSI) combination for entry
  • EntryCondition4PointD_EntryLine: Choose the relationship between the Bat pattern point D and the drawn entry line
  • PointDTouchFromEntryLine: Max clearance pips from point D to entry line to be counted as touched
  • MaxBarsBtwPointDAndIndiSignal: Maximum bars between indicators confirmation point and D line cross point
  • MinEntryPipsInPredictedDn: Minimum entry pips in predicted direction before trade is opened
  • MyRecoupCondition: Choose whether to use lot multiplier to recoup losses or not 3 options:
    1. Use Lot Multiplier Only When Acct Balance is Below Initial Value
    1. Use Lot Multiplier When A Trade Ends in Loss
    1. Don't Use Lot Multiplier
  • AutoCalcMultiplier: if true, EA will automatically calculate multiplier for recouping losses
  • UseFixedMultiplier: This specifies the multiples of fixed lot to add (if AutoCalcMultiplier=False)
  • MaxNumOfTradesPerTime: The maximum number of trades per currency opened at a time
  • Magic Number: Trade magic number, if this value=0, the EA will automatically calculate a magic number
  • UseHiddenTPnSL: Hide the set stop loss and take profit from displaying on the chart for broker’s view
  • FixedLots: Minimum trading lots size when auto recoup lot multiplier is not used
  • UseDrawnSL_LineForSL: Use the drawn stop loss line for trades stop loss (automatic stop loss calculation)
  • StopLoss: Use fixed stop loss in pips
  • TrailSL_Pips: Pips of stop to trail after breakeven
  • BreakEvenAdd: Pips to add above/below Open price at breakeven
  • TakeProfit: Use fixed profit in pips
  • ChooseExitModeAtFixedTP: Choose exit mode when fixed take profit is hit:
    1. Close Partial, Breakeven & Start Trailing
    1. Close Full Lot
  • PercentOfLot4PartialClose: Percentage of lot to close at take profit, this is used close partial is selected above
  • Slippage: Allowed trade slippage in pips
  • MaxSpread: Maximum allowed spread

Confirmation Indicators' Settings

  • BarsBack: Numbers of chart bars to consider in finding pattern
  • RSI Period: RSI indicator period
  • RSI Sell Level: RSI indicator Sell level
  • RSI Buy Level: RSI indicator Buy level
  • B_Bands Period: Bollinger Bands period
  • B_Bands Deviation: Bollinger Bands deviation
  • ShowComments: Show chart information
  • XABCD_LabelColor: Text color for labeling X, A, B, C and D points of the Bat pattern
  • XABCD_LabelFontSize: Text font size for labeling X, A, B, C and D points of the Bat pattern
  • LabelPipsFromXABC: Text distance in pips from the X, A, B, C and D points of the Bat pattern
  • RemoveAllObjectAfterDeinit: Toggle to remove or leave all drawn objects after expert's deinitialization
  • ShowFibLines: Show parttern Fibonacci lines on chart
  • bigText: Toggle to display big text of the pattern name on chart
  • bigTextSize: Font Size of the big text of the pattern name
  • bigTextColorBullish: Color for the big text of the pattern name (Bullish)
  • bigTextColorBearish: Color for the big text of the pattern name (Bearish)
  • bigTextX: X coordinate position of the big text of the pattern name
  • bigTextY: Y coordinate position of the big text of the pattern name
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Bear Vs Bull is a fully automatic Scalping Expert Advisor based on price action. The EA strategy trades purely price action with no lagging indicators which has a highly developed trading algorithm programmed that has passed through extensive testing over many years. Best used with Major Pairs GBPUSD, EURUSD, AUDUSD, USDJPY and is best used with reputable Low Spread ECN Brokers. All orders are protected by stop loss. Real Account Monitoring: https://www.mql5.com/en/signals/300687 PM me for set
299 USD
BuySellProf lighter
Yurij Batura
Multipurpose expert. The issue of choosing a target is solved - the direction of price movement. Locking and hedging is the main principle of this advisor. According to the law of harmonic oscillations, the price always returns to its original position sooner or later, and the forex market is no exception. Balancing simultaneously multi-directional orders.    The expert is very effective in conditions of high volatility (lack of certainty of the direction of price movement, news output).  In the
369 USD
Smart Scalping Robot
Yevhenii Mavletbaiev
Smart Scalping Robot is a fully automated Expert that uses a new unique smart scalping strategy in its trading. The price in the Forex market is formed according to the law of supply and demand among the participants in this market, therefore, after an unreasonable rise or fall, it returns to its fair value, this pattern is used by Smart Scalping Robot. The Advisor monitors price changes around the clock to find the optimal entry point. Simply put, the EA determines the moment of price rollback
149 USD
VR Smart Grid
Vladimir Pastushak
⭐   VR Smart Grid is a multi-functional expert advisor for the MetaTrader 4 and MetaTrader 5 terminals that allows you to trade using order grids. The algorithm of the expert advisor allows you to trade both with the trend and against the trend. Trading with the trend is structured in such a way that each new order is opened only if the previous order has a Stop Loss in the profit zone. Trading against the trend is conducted in order to close unprofitable positions with a profit. The advisor ha
139 USD
Magic Seven MT4
Ozkan Kara
Price: $995        This price is only for first 5 buyers ! Next Price: $1295   Magic Seven  is a fully automated  EURUSD Daily Trend System. Before London Trading Season, EURUSD movements are small and predictable. The system focuses only   Small and Steady Profits . The EA does not use grid, martingale, averaging  or other dangerous strategies.   It uses fixed stoploss for every position. I will always help you, please contact me ! General Strategy Definition Correct Open Time:    It opens
995 USD
ATS Advisor
Ivan Bebikov
The MT5 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/54481 (In MT5 and MT4 versions, there may be slight differences due to the implementation of the code on MT5) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Fully automatic adviser, with a system for recovering from losses. The strategy is based on the breakdown of signific
499 USD
Medusa X
Oon Kar Lee
ONLY 4 OUT OF 10 COPIES AT $349  Next price will be $399.  (Real Profit, Real Trades, Real Signal) After your purchase, drop me a PM.   MEDUSA X is a Revolutionary Momentum and Pullback Algorithm Expert Advisor, specializing on the low spread major pairs, GBPUSD and USDCHF. Dedicated to produce phenomenal performance for its users by strictly adhering to years of mathematical and statistical methods. Extremely EASY-TO-USE, with TREND EMA, RSI, Volatility filters all highly optimized at the
349 USD
Equalizer FX
Alexey Bolshakov
Equalizer FX is a fully automatic trading system. It works on the EURAUD currency pair M5 timeframe. The trading session lasts one hour per day and is divided into six EURAUD trading pairs. Each currency pair trades for ten minutes and uses different parameters. Each currency pair trades one trade. Thus, the transaction is divided into six transactions with a smaller volume than if we opened one transaction with a larger volume. For example, we want to open a trade of 0.06 lot. We will open s
345 USD
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This is a Japanese Patterns EA. It can identify about 21 Variants of CandleStick Patterns. It also labels the pattern on Chart. The EA incorporates Trade Management by using flexible Stop Loss, Trailing Stop Loss and Take Profit. The Customer can also Toggle ON/OFF any of the Patterns as they wish for full flexibility. There is also a possibility to TOGGLE ON/OFF a Martingale Function Inbuilt All timeframes and Currencies are supported, but please note that it is recommended that you perform Opt
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Full Harmonic Patterns
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Price action and high probability pattern trading are two defining characteristics of this Harmonics Pattern EA. It identifies the pattern based on the geometrical shifts in Fibo angles to identify reversals in a trend. It can identify different variants of Harmonics patterns (8 different variants) and place trades. The customer can also toggle ON/OFF any of the Harmonic Patterns as they wish for full flexibility. All timeframes and currencies are supported, but please note that it is recommende
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