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Harmonic Wave MT5

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This indicator is a classic butterfly indicator (harmonic trading). By default, it can identify 20 patterns and give prompts. You can also add custom shape parameters for custom prompts , prompting appropriate stop loss and profit levels.

The built-in algorithm of this indicator is unique and is a unique band algorithm.

Index characteristics

Gartley pattern, also known as Gartley "222", was originally proposed by HMGartley, the pioneer of American pattern technical analysis in 1935. It discovered the golden section relationship between 4 separate price segments, and the purpose is to guide everyone on how to market in disorderly intervals. In the transaction.

At present, many forms have been developed in its foundation, and this indicator categorizes them and integrates the algorithm of the band.

Fundamental contents

    • Contains 20 price patterns  
    • History and current state judgment
    • Stop loss and profit level
    • Email/Sound/Alert

basic settings

  • Set the calculation period.
  • Set indicator band algorithm 1. Sensitive 2. Stable
  • Set the harmonic index calculation mode selection 1. Default algorithm 2. Custom algorithm 3. Both algorithms are required
  • Custom shape name, and XA-B MIN XA-B MAX AB-C MIN AB-C MAX BC-D MIN BC-D MAX XA-D MIN XA-D MAX with a total of 8 parameters, plus the shape name, a total of 9 groups Parameter, please separate with',' in the setting. If you don't fill in the format, it will not be calculated and will not pass.
  • Color settings

Alarm settings

  • New form generates alarm
  • Alarm pop-up window
  • Alarm email sending
  • Send push alert

Color setting

  • You can set the rising and falling colors of the pattern
  • Can calculate the proportion of text and other colors

Any questions, communicate with each other


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This indicator identifies and displays zones, as it were areas of strength, where the price will unfold. The indicator can work on any chart, any instrument, at any timeframe. The indicator has two modes. The indicator is equipped with a control panel with buttons for convenience and split into two modes. Manual mode: To work with manual mode, you need to press the NEW button, a segment will appear. This segment is stretched over the movement and the LVL button is pressed. The level is displayed
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2.67 (3)
Indicators
Elliot Waves Analyzer Pro calculates Elliot Waves to Help Identify Trend direction and Entry Levels. Mainly for Swing Trading Strategies. Usually one would open a Position in trend direction for Wave 3 or a Correction for Wave C . This Indicator draws Target Levels for the current and next wave. Most important Rules for Elliot Wave Analysis are verified by the Indicator.  The Pro version analyzes Multiple Timeframes and shows the Subwaves and Target-Levels.   For an Overview  " Elliot Waves Anal
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Indicators
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