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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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Spider Crazy Pro is at discount Price only Today, at 50% of the Original Price! Buy Now! Spider Crazy Pro is a trading robot  for the trading on forex. This is a complete system with   11 Strategy in 1 EA . This Robot opens a   large number of orders .  Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Snake Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email !   This Expert advisor not
145 USD
Trend Line GRID mt4
Evgenii Aksenov
⭐   ⭐   ⭐   ⭐   ⭐  LAST WEEK PROMO PRICE!!! 🏃   🏃   🏃 Buy this EA gives you the right to get the second EA for free:     https://www.mql5.com/en/blogs/post/740436 Only 10 copies for $125 (next price --> $149  --> $199) This is a grid EA based on the signals of the   Trend Line PRO   indicator:   https://www.mql5.com/en/market/product/42399 The User's manual:   here   📢   Telegram:   https://t.me/   INFINITY_PRO_ED   📈  Real account signals:     here 🔥🔥🔥   Promo "Buy one Get one free  
125 USD
Billion Idea
Dhanaraj
  💎 💎 💎 💎 💎 Welcome To Billion Idea (BI) Expert Advisor (Trading Robot) 💎 💎 💎 💎 💎 EXTENDED HOLIDAYS OFFER PRICE $ 99 (ONLY 4 COPIES LEFT)  Billion Idea (BI)  EA is a Safe Scalper System   for Trading on Forex. Exclusively developed for GBPUSD Pair . BackTest Now !   The EA enters the market with certain unique conditions. The EA is based on Unique Strategies, and NOT Uses MARTINGALE, GRID and other Dangerous Strategies . All Deals are covered with Tight Stop Loss and Optimized Take Pr
99 USD
GerFX Density Scalper
Exler Consulting GmbH
IMPORTANT: Please contact me after buying or renting for the correct key paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected new
2 000 USD
Pinpoint EA
Ryan Brown
The Pinpoint EA is the result of 6 months of work to build an EA that's able to safely recover a losing trade over 17+ years of backtesting. The Pinpoint has a 94% win rate and has never lost more than 2 trades in a row in 17 years of testing on the GU and EU.  The EA trades almost on daily basses and churns out a profit every week! INPORTANT! The Pinpoint trades on the GBPUSD and EURUSD M15 timeframe ONLY! Makes sure and change the settings according to the EURUSD photo when trading the EURUS
347 USD
Turtle Scalper Pro
Michela Russo
Turtle Scalper Pro is a trading robot  for the trading on forex. This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Gold Butterfly Scalper Pro ! (All future updates included) -> To Receive it, Please Contact me by   mql5
145 USD
Falcon Scalper Pro
Michela Russo
Falcon Scalper Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades in all session.   Backtest Now! Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Bee Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by   mql5 message   or email ! The E
295 USD
Gold Butterfly Scalper Pro
Michela Russo
Gold Butterfly Scalper Pro is a trading robot  for the trading on GOLD . This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit -> Ratio 1:1 . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Turtle Scalper Pro ! (or another with same value, All future updates included) -> T
299 USD
EA Ghost
Vitali Vasilenka
⭐ Anger conquers fear p.s Thomas Shelby ⭐ Use recommended settings link # 1 (in discussions) Telegram   group   here   telegram   channel   here EA Ghost This is a breakthrough in trading algorithms. An Expert Advisor with a unique filtering algorithm for Virtual Orders. The built-in virtual order function allows the EA to determine the market reversal with an accuracy of over 98% The Expert Advisor has no analogues in determining the point of entry into the market. Each order has t
99 USD
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Full Harmonic Patterns
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