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Harmonic EA

550 USD

Demo downloaded: 221

Published: 5 March 2021

Current version: 1.0

Harmonic EA

Experts
Farhad Kia
Version: 1.0
Activations: 5

This robot is multi pair and multi timeframe.

It monitors several instruments on different timeframes to find Shark and Bat harmonic patterns.

You can use this Robot as a fully automated trading system. Or you can use it as a trigger for your entry points with your own trading systems.

Entry point, Stop loss and take profit are well defined based on Harmonic pattern!

Entry points are indicated by golden lines.

Stop loss is indicated by red line and finally we have 6 take profit points which are indicated by blue lines.

Expert Advisor Advantages

Multi asset
Multi timeframe
Efficient risk/reward ratio
All positions have stop loss and take profit
Risk is adjustable
Partial closing
Trailing
Can be used for scalping
Start and stop time
Have built-in shark indicator
Possible to disable the auto trade and use the patterns in manual trading

Recommended Usage

The Performance of the EA on higher timeframes is much better.
It is important to have a good communication channel for connection with the broker server. Therefore, it is recommended to use the VPS.

Parameters

MagicNumber - If you want to run multiple instances of this EA with different settings Use different MagicNumbers
ECN=true/false - If your account is ECN then set this parameter to true
startTime - The EA start trading at this time, and this is based on your broker time. If you don't want to have start time set it to -1;
stopTime - The EA stop trading at this time, and this is also based on your broker time. (At this time the EA stops opening new trades but the other functions are still working!) If you don't want to have stop time set it to 25;
trade=true/false - If you want to use this EA as a signal and do not want to use auto-trading then set this parameter to false
Alert=true/false - If you want to have alert on each new signals then set it to true
Show Patterns on Chart=true/false - If set this option to true then you will see the HARMONIC patterns on new chart!
Close Chart on SL/TP- If set this option to true, When pattern hits stop loss or take profit or your positions trailed and closed that chart will be closed.
LIST=”EURUSD,GBPUSD,AUDUSD” - List of the instruments separated by comma which you want to monitor and trade
M1=false/true - if you want to Monitor this timeframe then set it to true!
M5= false/true - if you want to Monitor this timeframe then set it to true!
M15= false/true - if you want to Monitor this timeframe then set it to true!
M30= false/true - if you want to Monitor this timeframe then set it to true!
H1= false/true - if you want to Monitor this timeframe then set it to true!
H4= false/true - if you want to Monitor this timeframe then set it to true!
D1= false/true - if you want to Monitor this timeframe then set it to true!
W1= false/true - if you want to Monitor this timeframe then set it to true!
Find patterns with Minimum SL=x Points
Reward/Risk This parameter set your take profit to Stop loss*Reward/Risk (If you want to have TP= SL set it to 1)
lot=0.01; - If you set it to some number other than zero then the fixed lot will be used by EA, otherwise the Lot will be calculated automatically based on the Risk parameter
Risk=0.5; - This is the amount of risk percentage. If the position hits stop loss then you will lose this much percentage of your account. This works only if you set Lot=0
PartialClose=true/false - If this option is true then your position will be closed partially at some percentage of take profit.
closeTpPercentage=50 - If you set this to 50 then some part of your position will be closed at half way of your take profit
closePercentage=30 - If you set this to 30 then 30% of your volume will be closed partially.
Trailing=false/true - If you set it true then your stop loss will be trailed if your position was in profit!
trailStep=100 - This parameter is in points so if you set it to 100 then your position will be trailed after it was 10 pips in profit!

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The Shark Pattern is dependent upon the powerful 88.6% retracement and the 113% Reciprocal Ratio, works extremely well retesting prior support/resistance points (0.886/1.13) as a strong counter-trend reaction. Represents a temporary extreme structure that seeks to capitalize on the extended nature of the Extreme Harmonic Impulse Wave. The indicator demands immediate change in price action character following pattern completion. Extreme Harmonic Impulse Wave utilized depends upon location of 88.6

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Strongest and Weakest Currency Analysis This product shows the strength of the main currencies in FOREX based on average pip gain/loss in different time-frames! Depending on the strength of the currency, the indicator colors changes from blue to red also the orders may also be changed, allowing you to find the strongest and weakest currency at a glance! Advantages Whatever your trading method and strategy are, it is always important to choose the correct pairs, so this indicator will help you a

100 USD

This EA is working based on our Shark indicator ( https://www.mql5.com/en/market/product/22786 ). After forward testing this EA for more than 2 months and publishing live signals on our Telegram channel https://t.me/SharkChannel , we received so many positive feed-backs from the clients. Therefore, I decided to put this simple but nice EA on the Market! The robot is multi pair and multi timeframe. So it can monitor several instruments on different timeframes to find shark patterns and then trade

450 USD

Strong Retracement Points Pro edition! SRP (Strong Retracement/Reversal Points) is a powerful and unique support and resistance indicator. It displays the closest important levels which we expect the price retracement/reversal! If all level are broken from one side, it recalculates and draws new support and resistance levels, so the levels might be valid for several days depending on the market! If you are still hesitating to start using this wonderful tool, you can check this link to see how ef

50 USD

Advanced SRP (Strong Retracement/Reversal Points) Tired of support and resistance indicators that constantly repaint, clutter your charts with irrelevant lines, and fail across different timeframes? It's time to stop guessing and start trading with institutional-grade clarity. Advanced SRP is not just another S/R tool; it's a definitive market structure indicator designed for the serious trader. It identifies and displays the most critical price levels where the market is statistically likely t

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is a fully automatic Forex trading Expert Advisor. The robot can run on any instrument, but the results are better with EURUSD on the H1 timeframe. If you are a long-term investor looking at yearly profits with high Sharpe-ratio then Money magnet is a good option. Please check the comment part to share your settings with others and enjoy the latest optimal settings uploaded by other users. Expert Advisor Advantages High Sharpe-ratio The EA does not use such systems as martingale, hedging, gr

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