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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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  LAST 2 OUT OF 10 COPIES AT $349  Next price will be $399.  (Real Profit, Real Trades, Real Signal) After your purchase, drop me a PM. BLASSIK is a FULLY AUTOMATED, Trend Following Smart Grid System, using Artificial Intelligence to trade on the EURUSD pair. It specializes in systematic algorithm, using quantitative models derived from mathematical and statistical analysis, based on past data, to extrapolate and predict for future market behaviour. Real Live Signal Monitoring: https://
349 USD
Cobra EA
Vsevolod Gorkovtsov
Sales promo: Cobra EA for $249 only for 10 buyers! 7 copies left, next price - $299 Have your EA or a signal failed soon after it became too crowded ? Shouldn't there be a technical solution to this in the 21st century? For the last several years I have been actively working on the solution to this problem. Name of it – Cobra EA Cobra is a revolutionary grid system unlike anything you have ever seen . And these are not just marketing words, they are backed up with sophisticated algorithmi
249 USD
EA Spectr
Fanur Galamov
⭐   9 copies for $199. ⭐ Next price $249. ⭐ Final price $499. EA Spectr is an automated professional multi-currency expert advisor that designed for long-term profitable trading. The EA continuously controls price movements and makes accurate trades based on market patterns, trend and technical indicators. The Ea contains a flexible news filter, high spread protection, separate time and days trading filters and allows to work with automatic and fixed trading lots. Each Ea trade is covered b
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AW Recovery EA
Alexander Nechaev
Advisor is a system designed to restore unprofitable positions. Simple setup, delayed launch during drawdown, locking, disabling other expert advisors, averaging with trend filtering and partial closing of a losing position built into one tool. The system of automatic calculations will prepare the settings in a few clicks. The use of partial closing of losses allows you to reduce losses with a lower deposit load, which ensures a more secure work with losses, in contrast to the grid strategies o
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RSI Divergence Trader
Bogdan Ilie Talpos
================================================================================================ Try the default settings on M5 - EURUSD, EURCAD, EURAUD, AUDNZD; M15 - USDJPY ================================================================================================ Monitoring signal:  https://www.mql5.com/en/signals/747414 ================================================================================================ I believe that the RSI is the best indicator out there and most of th
200 USD
Trend Line GRID mt4
Evgenii Aksenov
This is a grid EA based on the signals of the   Trend Line PRO   indicator:   https://www.mql5.com/en/market/product/42399 Trend Line GRID EA   trade the first order based on the indicator signal and builds a grid if the price deviates. After a certain number of orders, the DrawDown Reduction function is enabled, which reduces the most unprofitable orders by closing them with a counter profit. This ensures that a profit is achieved in each trend. EA also accompanies trades opened in manual mode
149 USD
NightVision EA
Alexander Kalinkin
NightVision EA  - is an automated Expert Advisor that uses night scalping trading during the closing of the American trading session. The EA uses a number of unique author's developments that have been successfully tested on real trading accounts. The EA can be used on most of the available trading instruments and is characterized by a small number of settings and easy installation. Live signal for NightVision EA:    https://www.mql5.com/ru/signals/author/dvrk78 Recommended FX broker :  IC Marke
349 USD
Market Maker Expert
Oon Kar Lee
1 out of 5 COPIES AT $349 Price will rise to limit the number of users of this powerful ATM machine. Next price $399.  (Real Profit, Real Trades, Real Signal) After your purchase, drop me a PM. MARKET MAKER EXPERT is an highly CUSTOMIZABLE Advanced, fully automated Expert developed to trade on MULTIPAIR MODE ( EURUSD,USDJPY,USDCHF,USDCAD,EURCHF ), by spreading out risks. Expanding Grid is its speciality. It focuses on MAXIMUM PROFIT ABILITY, by opening a large number of orders. Just load on
349 USD
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