Harmonic Vision Pro v2.10: Complete Feature Guide

HarmonicVision Pro

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HarmonicVision Pro v2.10: Complete Feature Guide

A comprehensive walkthrough of every setting and feature in HarmonicVision Pro, the advanced harmonic pattern projection engine for MetaTrader 5.

Introduction

Harmonic trading is one of the most precise approaches to technical analysis, using Fibonacci ratios to identify high-probability reversal zones. However, manually scanning charts for harmonic patterns across multiple timeframes is extremely time-consuming and error-prone. Missing a single ratio or misjudging a pivot point can lead to invalid pattern identification.

HarmonicVision Pro is an advanced harmonic pattern projection engine for MetaTrader 5 that automatically detects, validates, and projects harmonic patterns directly on your chart. It supports over 15 pattern types including Gartley, Bat, Butterfly, Crab, Deep Crab, Shark, Cypher, Nen Star, 5-0, AB=CD, 3 Drives, and more. The indicator uses a multi-wave analysis system that scans up to 6 different wave lengths simultaneously, giving you coverage from short-term scalping patterns to long-term swing setups.

Whether you are a harmonic trading veteran looking for a reliable scanner or a newer trader learning to identify these patterns, this guide covers every parameter and feature in detail so you can configure the tool for your specific trading approach.

Part 1: Getting Started

Installation:

• Copy HarmonicVision_Pro.ex5 to your Indicators folder
• Restart MT5 or click "Refresh" in the Navigator panel
• Drag the indicator onto your chart
• The indicator will begin scanning for harmonic patterns immediately

What You See on the Chart

When loaded, HarmonicVision Pro draws detected harmonic patterns directly on your chart. Each pattern is displayed with connecting wave lines, point labels (X, A, B, C, D), optional Fibonacci ratio annotations, projected completion zones, and target levels. Bullish patterns appear in green and bearish patterns appear in red by default.

Visual Element	Description
Wave Lines	Solid trend lines connecting each pivot point of the pattern (X-A-B-C-D)
Point Labels	Letters (X, A, B, C, D) placed at each pivot for easy identification
Pattern Name	The detected pattern name displayed at Point D (e.g., "Gartley", "Bat")
Triangle Fills	Semi-transparent filled triangles forming the pattern body (wings)
Projection Zone	Dashed lines and filled area showing where Point D is projected to complete
Target Levels	Horizontal lines showing Stop Loss, Point D entry, and 4 take-profit targets
Ratio Lines	Optional diagonal lines with Fibonacci ratio values between key points
Arrow Signals	Green upward arrow for bullish patterns, red downward arrow for bearish patterns at Point D

Part 2: Draw Settings

The Draw Settings group controls which visual elements appear on your chart. These settings let you customize the level of detail displayed, from a minimal clean view showing only pattern lines to a fully detailed view with ratios, targets, and labels.

Draw Pattern Lines

Enables or disables the main wave lines connecting each pivot point. When enabled, you see the full X-A-B-C-D structure drawn on the chart. Disabling this hides all pattern lines but arrow signals at Point D still appear.

Draw Pattern Names

Shows the detected pattern name at Point D. When multiple patterns overlap at the same location, all matching pattern names are displayed on separate lines. For example, you might see both "Gartley" and "Bat" identified at the same point.

Draw Point Letters

Displays the letters X, A, B, C, and D at each pivot point. This is helpful for learning and verifying patterns. Experienced traders who prefer a cleaner chart can disable this.

Draw Ratios and Lines

When enabled, diagonal lines are drawn between key points (X-B, A-C, B-D, X-D) with the Fibonacci ratio values displayed at the midpoint. This is particularly useful for studying patterns and verifying their validity. Disabled by default to keep the chart clean.

Draw Target Levels

Shows horizontal target levels extending to the right of Point D, including a Stop Loss level, the D entry level, and up to 4 take-profit targets based on Fibonacci percentages. These levels help you plan your trade management.

Wait for Confirmation

When set to false (default), patterns are detected as they form in real-time, which means the pattern can update as new bars develop. When set to true, the indicator waits for one additional pivot to confirm before displaying the pattern. This reduces false signals but delays detection by one swing.

Tip: Use "false" for early entries and projections. Switch to "true" if you prefer confirmed patterns only.

Part 3: Supported Harmonic Patterns

HarmonicVision Pro detects two categories of patterns: classic Harmonic Patterns (based on Scott Carney's work) and additional community patterns. Each pattern can be individually enabled or disabled.

Harmonic Patterns (XABCD)

Pattern	Default	Description
Gartley (222)	Enabled	The original harmonic pattern, known for high accuracy at the 0.786 XAD completion
Bat	Enabled	A deep retracement pattern completing at 0.886 XAD, offering tight stop placement
Bat Alternate	Enabled	An extended version of the Bat with a 1.13 XAD completion
Butterfly	Enabled	An extension pattern completing beyond X, typically at 1.27 XAD
Crab	Enabled	The most extended pattern with a 1.618 XAD completion for deep reversals
Deep Crab	Enabled	Similar to Crab but with a deeper 0.886 XAB retracement
Shark	Enabled	A newer harmonic pattern using 0-5 structure with extended BC leg
AB=CD	Enabled	The foundational harmonic pattern where AB and CD legs are equal in price and time
AB=CD Alternate	Enabled	Extended AB=CD where CD is 1.272 or 1.618 of AB in both price and time
5-0	Enabled	A 6-point (YXABCD) pattern signaling trend exhaustion and reversal

Other Patterns

Pattern	Default	Description
Cypher	Enabled	A wide pattern with BC extending beyond 1.13 of AB, completing at 0.786 XC
Nen Star	Enabled	Similar structure to Cypher with different completion ratios
ABCD Classic	Disabled	Classic 4-point ABCD pattern using standard Fibonacci retracements
ABCD Extended	Disabled	Extended ABCD where CD exceeds AB by Fibonacci extension ratios
3 Drives	Enabled	A 6-point reversal pattern with three symmetrical pushes into exhaustion
121	Disabled	A simpler pattern based on specific XAB and BCD ratio ranges
Double Bottom/Top	Disabled	Classic double bottom and double top reversal patterns

Tip: Start with the default enabled patterns. Once you become familiar with the indicator, enable ABCD Classic, ABCD Extended, 121, or Double Bottom/Top for additional signals.

Part 4: Projected Point D Ratios

One of the most powerful features of HarmonicVision Pro is the ability to customize the projected Point D ratio for each pattern individually, with separate settings for bullish and bearish formations. The projected D ratio determines where the indicator expects the pattern to complete, and it draws the projection zone accordingly.

How Projection Works

When a partial pattern is detected (X, A, B, C points identified), the indicator calculates where Point D should appear based on the configured ratio. This projected zone is drawn on the chart as dashed lines and a filled area, giving you advance notice of where to look for a potential entry.

Default D Ratios

Pattern	Bull D Ratio	Bear D Ratio
Gartley	0.786	0.786
Bat	0.886	0.886
Bat Alternate	1.130	1.130
Butterfly	1.270	1.270
Crab	1.618	1.618
Deep Crab	1.618	1.618
Shark	1.130	1.130
Cypher	0.786	0.786
Nen Star	1.272	1.272
AB=CD	1.130	1.130
ABCD	1.618	1.618
5-0	1.500	0.500

Example: If you trade Gartley patterns and prefer to enter slightly earlier, you could adjust the Gartley Bull D Ratio from 0.786 to 0.750. If you prefer to wait for deeper completion, increase it to 0.800.

Part 5: Display Projection Settings

These settings control the visual appearance of the projection zone, which shows where Point D is expected to complete.

Fill BD Line

When enabled, a dashed line is drawn from Point B to the projected Point D location. The alpha value controls the transparency of this line, where 0 is fully visible and 255 is fully transparent. The default of 170 provides a subtle visual guide.

Fill CD Line

Similar to the BD line, this draws a dashed projection line from Point C to the projected Point D. Together with the BD line, these form the projection zone triangle.

Part 6: Triangle Fill (Solid Body)

HarmonicVision Pro can fill the pattern body with semi-transparent triangles, making it easier to visually identify the pattern structure at a glance.

When enabled, the indicator draws filled triangles for each "wing" of the pattern. For XABCD patterns, two triangles are drawn: the left wing (X-A-B) and the right wing (B-C-D). A third projection triangle (B-C-projected D) shows the expected completion zone. The fill colors are fully customizable.

Tip: Use soft, light colors for the fills to keep them visible without overwhelming price action. PaleGreen and MistyRose work well on both light and dark chart backgrounds.

Part 7: Ratio Settings

The Ratio Settings control how Fibonacci ratio annotations appear when "Draw Ratios and Lines" is enabled.

Ratio Precision is a critical parameter that controls the tolerance for pattern detection. It defines how closely the measured ratios must match the theoretical Fibonacci ratios for a pattern to be considered valid.

Example: With Ratio Precision set to 1%, a Gartley pattern requires the XAB ratio to be within 1% of 0.618. This means any value between approximately 0.612 and 0.624 would qualify. Increasing this value to 3% would widen the acceptable range, detecting more patterns but with less precision. Decreasing to 0.5% would require near-perfect ratios, showing fewer but more accurate patterns.

Part 8: Target Level Settings

Target levels provide automatic trade management guidelines based on the detected pattern. These horizontal levels extend to the right of Point D, giving you clear visual references for stop loss and take-profit placement.

Level Width determines how many bars forward the target levels extend on the chart. A value of 20 means the levels are drawn 20 bars to the right of Point D.

Stop Loss is set as a percentage of the C-D leg. The default of -2.5% places the stop just beyond Point D in the direction opposite to the expected reversal.

Target Levels (T1 through T4) are based on Fibonacci retracement percentages of the C-D leg. The default values of 23.6%, 50.0%, 61.8%, and 78.6% represent standard Fibonacci retracement levels, providing a structured exit strategy.

Example: On a bullish Gartley pattern where Point C is at 1.2000 and Point D is at 1.1900 (CD leg = 100 pips), the targets would be:

Part 9: Wave Settings

The multi-wave system is what makes HarmonicVision Pro truly powerful. Instead of scanning at a single lookback length, the indicator runs up to 6 independent wave scanners simultaneously, each with its own pivot detection length. This allows you to see patterns forming at different scales on the same chart.

Wave Colors and Style

These settings apply to all waves. Bullish patterns use the Bullish Color and bearish patterns use the Bearish Color.

Individual Wave Configuration

Wave	Default Enabled	Default Length	Typical Use
Wave 1	Yes	8	Short-term / Scalping patterns
Wave 2	Yes	13	Intraday patterns
Wave 3	Yes	21	Swing trading patterns
Wave 4	Yes	55	Position trading patterns
Wave 5	No	89	Long-term macro patterns
Wave 6	No	144	Very long-term / Monthly analysis

The wave length determines the minimum number of bars a pivot high or pivot low must dominate on both sides to be considered valid. A length of 8 means the pivot high must be the highest high within 8 bars to the left and 8 bars to the right (16-bar window total).

Tip: The default lengths (8, 13, 21, 55) follow the Fibonacci sequence. Shorter lengths detect smaller, more frequent patterns; longer lengths detect larger, rarer but more significant patterns. For day trading on M15, waves 1-3 are typically sufficient. For swing trading on H4 or D1, consider enabling waves 4-5.

Part 10: Other Settings

Max Pivot Size

Controls the maximum number of pivot points stored in memory for each wave. A higher value allows the indicator to look further back in history but uses more memory. The default of 300 is suitable for most use cases.

Max Patterns on Chart

Limits the total number of patterns displayed on the chart at any given time. This prevents chart clutter on instruments or timeframes where many patterns are detected simultaneously.

Part 11: Configuration Recommendations

Scalping Setup (M1-M15)

For scalping, shorter wave lengths detect quick patterns forming on lower timeframes. A slightly wider ratio precision (2%) captures more setups. Disable higher waves to reduce chart clutter.

Day Trading Setup (M15-H1)

The default settings work well for day trading. Four active waves give you coverage across multiple swing sizes within the trading day.

Swing Trading Setup (H4-D1)

For swing trading, disable the shortest wave and enable longer waves. Using "Wait for Confirmation" reduces false signals on higher timeframes where each bar represents more time.

Minimal Clean View

If you prefer a clean chart with minimal visual elements, disable letters, ratios, targets, and triangle fills. You will still see the pattern lines and names.

Full Analysis View

For detailed analysis and learning, enable everything. This gives you the complete picture including all ratio values and target levels.

Part 12: Buffer Data Access (For Developers)

HarmonicVision Pro provides two indicator buffers that can be accessed programmatically from Expert Advisors or other indicators using the iCustom function.

Buffer Index	Description	Signal
0	Bullish Pattern Arrow	Non-zero value = bullish pattern detected at Point D
1	Bearish Pattern Arrow	Non-zero value = bearish pattern detected at Point D

Conclusion

HarmonicVision Pro provides a professional-grade harmonic pattern detection and projection engine for MetaTrader 5 traders:

• Comprehensive Pattern Library — Over 15 patterns including Gartley, Bat, Butterfly, Crab, Shark, Cypher, 5-0, AB=CD, 3 Drives, and more
• Multi-Wave Analysis — Up to 6 simultaneous wave scanners covering scalping through position trading timeframes
• Customizable Projections — Individual D-point ratio settings for each pattern, separate for bullish and bearish formations
• Visual Clarity — Filled triangle bodies, projection zones, point labels, ratio annotations, and target levels
• Trade Management — Built-in stop loss and 4 Fibonacci-based take-profit target levels
• Developer Access — Two buffer outputs for integration with Expert Advisors via iCustom

The key to success with harmonic patterns is matching the configuration to your trading style. Start with the default settings on a demo account, study the patterns the indicator identifies, and gradually customize wave lengths, ratio precision, and target levels as you develop your edge.

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