Forex Zone | Forex Forum

MQL Harmonic Indicator

Discussion started on MT4 / MT5 Indicators

  • MQL Harmonic Indicator in MT4 / MT5 Indicators_index
  • Posts: 3023
  • Points: 33527
  • Likes Received: 2838
  • Reputation: +156/-13
MQL Harmonic Indicator in MT4 / MT5 Indicators_clip
The MQL Harmonic indicator scans the chart for current Harmonic patterns based on Fibonacci ratios. The indicator is easy to use since it doesn't have a large complicated list of adjustable settings. Unlike other Harmonic indicators, it scans using combinations of ZigZag settings instead of just a single set of settings. It will keep considering combinations of settings and scanning for harmonic patterns until it finds one. It scans for the Gartley, Bat, Alt Bat, Butterfly, Crab, Deep Crab, Cypher, Shark, Five Zero, ABCD, ABCD Ext, and Three Drives patterns. The indicator works on any standard MT4 chart and it works on any broker's MT4 platform.

Complete information about the MQL Harmonic Indicator can be found HERE


FREE DEMO VERSION:

  • No expiration date
  • Works on any broker, chart, and time frame
  • Setting Limitations: ZigZag, Deviation Percent, Drawing Old Patterns, and History Candles cannot be adjusted.


Feel free to post your comments, questions, concerns, and bug reports in this forum section.


Linkback: https://www.forex.zone/mt4-mt5-indicators/8/mql-harmonic-indicator/52/
#1 - June 13, 2018, 12:47:19 AM
Attachments:

  • MQL Harmonic Indicator in MT4 / MT5 Indicators_index
  • Posts: 3023
  • Points: 33527
  • Likes Received: 2838
  • Reputation: +156/-13
MQL Harmonic Indicator in MT4 / MT5 Indicators_clip
Here is a recent example from the GBPUSD Daily chart. The Shark pattern is one of the patterns it recognizes, but it recognizes many other patterns as well.
#2 - June 13, 2018, 12:53:57 AM
Attachments:

  • MQL Harmonic Indicator in MT4 / MT5 Indicators_index
  • Posts: 3023
  • Points: 33527
  • Likes Received: 2838
  • Reputation: +156/-13
MQL Harmonic Indicator in MT4 / MT5 Indicators_clip
Here is an example of an ABCD pattern on the USDCAD H4. It hit first target and price might still proceed downwards.
#3 - June 13, 2018, 04:06:30 PM
Attachments:

  • MQL Harmonic Indicator in MT4 / MT5 Indicators_index
  • Posts: 3023
  • Points: 33527
  • Likes Received: 2838
  • Reputation: +156/-13
MQL Harmonic Indicator in MT4 / MT5 Indicators_clip
Here are some recent signals generated by the MQL Harmonic Indicator. All seem to suggest a coming bullish move for the EURUSD in near the future.


1) EURUSD H4 : Shark Pattern (Bullish)


2) EURUSD Daily : ABCD Pattern (Bullish)


3) EURUSD Weekly : 5-0 Pattern (Bullish)


4) EURUSD Monthly : 5-0 Pattern (Bullish)
#4 - June 17, 2018, 11:49:22 PM
Attachments:

  • MQL Harmonic Indicator in MT4 / MT5 Indicators_index
  • Posts: 3023
  • Points: 33527
  • Likes Received: 2838
  • Reputation: +156/-13
MQL Harmonic Indicator in MT4 / MT5 Indicators_clip
Here is a long-term Shark pattern generated by the MQL Harmonic Indicator. It was produced on the monthly chart on the FxChoice MT4. See attachment.
#5 - October 02, 2018, 01:03:49 PM
Attachments:

  • MQL Harmonic Indicator in MT4 / MT5 Indicators_index
  • Posts: 3023
  • Points: 33527
  • Likes Received: 2838
  • Reputation: +156/-13
MQL Harmonic Indicator in MT4 / MT5 Indicators_clip
Here is a long-term Shark pattern for XAUUSD (Gold) generated by the MQL Harmonic Indicator. It was produced on the Weekly chart on the FxChoice MT4. See attachment.
#6 - October 02, 2018, 01:18:37 PM
Attachments:

  • MQL Harmonic Indicator in MT4 / MT5 Indicators_index
  • Posts: 3023
  • Points: 33527
  • Likes Received: 2838
  • Reputation: +156/-13
MQL Harmonic Indicator in MT4 / MT5 Indicators_clip
Here is a recent 3 Drives pattern on the EURJPY H4 chart. The 1st and 2nd targets have been hit. See the attached before and after images.
#7 - October 03, 2018, 08:12:42 PM
Attachments:

  • MQL Harmonic Indicator in MT4 / MT5 Indicators_index
  • Posts: 3023
  • Points: 33527
  • Likes Received: 2838
  • Reputation: +156/-13
MQL Harmonic Indicator in MT4 / MT5 Indicators_clip
An ABCD pattern was recently successful on the EURUSD H1. The price hit the 3rd target before reversing down again. This pattern gave plenty of room for profit. See the attached before and after images.
#8 - October 04, 2018, 12:52:51 PM
Attachments:

  • MQL Harmonic Indicator in MT4 / MT5 Indicators_index
  • Posts: 3023
  • Points: 33527
  • Likes Received: 2838
  • Reputation: +156/-13
MQL Harmonic Indicator in MT4 / MT5 Indicators_clip
Another good Harmonic pattern to show. This is a Shark pattern on the EURUSD H1 chart. Price become bullish and went up to the 50% target. See attached before and after images.
#9 - October 05, 2018, 10:11:50 PM
Attachments:

  • MQL Harmonic Indicator in MT4 / MT5 Indicators_index
  • Posts: 3023
  • Points: 33527
  • Likes Received: 2838
  • Reputation: +156/-13
MQL Harmonic Indicator in MT4 / MT5 Indicators_clip
The 1st target of the Shark pattern for the Gold Weekly chart has been reached. See attachment. More bullish movement may be on the way in the future as there are more possible targets. It might be a good idea to buy on pullbacks in price.
#10 - October 23, 2018, 12:53:12 PM
Attachments:

  • Posts: 1
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
MQL Harmonic Indicator in MT4 / MT5 Indicators_xx
the  new  this  forum  theme  make hard  to  read  the  content 
#11 - October 25, 2018, 11:09:51 AM

  • MQL Harmonic Indicator in MT4 / MT5 Indicators_index
  • Posts: 3023
  • Points: 33527
  • Likes Received: 2838
  • Reputation: +156/-13
MQL Harmonic Indicator in MT4 / MT5 Indicators_xx
the  new  this  forum  theme  make hard  to  read  the  content
I don't understand. Please rephrase your comment. Also, if you have any suggestions or feedback about the forum, please post it in the relevant section.
#12 - October 25, 2018, 11:18:46 AM

  • MQL Harmonic Indicator in MT4 / MT5 Indicators_index
  • Posts: 3023
  • Points: 33527
  • Likes Received: 2838
  • Reputation: +156/-13
MQL Harmonic Indicator in MT4 / MT5 Indicators_clip
Here is an ABCD pattern recognized on the Bitcoin Weekly chart. First target is $5900.
#13 - November 30, 2018, 12:58:47 PM
Attachments:

  • MQL Harmonic Indicator in MT4 / MT5 Indicators_index
  • Posts: 3023
  • Points: 33527
  • Likes Received: 2838
  • Reputation: +156/-13
MQL Harmonic Indicator in MT4 / MT5 Indicators_clip
The 2nd and 3rd targets have been reached for the Shark pattern on the Gold Weekly chart. That pattern should now be considered complete.
#14 - January 09, 2019, 03:23:42 PM
Attachments:
« Last Edit: January 13, 2019, 01:53:01 PM by Admin »

  • MQL Harmonic Indicator in MT4 / MT5 Indicators_index
  • Posts: 3023
  • Points: 33527
  • Likes Received: 2838
  • Reputation: +156/-13
MQL Harmonic Indicator in MT4 / MT5 Indicators_clip
Here is a Butterfly pattern for Gold on the H1 chart. This also agrees with my other long-term outlook on Gold. This may be a good selling entry level.
#15 - January 09, 2019, 03:26:49 PM
Attachments:
« Last Edit: January 09, 2019, 04:15:10 PM by Admin »

Members:

0 Members and 1 Guest are viewing this topic.


* Share Topic

Share via delicious Share via digg Share via facebook Share via linkedin Share via pinterest Share via reddit Share via stumble Share via tumblr Share via twitter

* Similar Topics

exclamation
indicator harmonic

Started by Purple on MT4 / MT5 Indicators

45 Replies
2826 Views
Last post August 15, 2019, 02:24:44 PM
by Hatam
clip
Harmonic pattern

Started by Abdul Hakim on Trading Systems

39 Replies
1234 Views
Last post April 28, 2020, 12:18:02 PM
by Atminehomo
xx
What is the difference between chart pattern and Harmonic pattern?

Started by zanurreload on General Forex Discussion

31 Replies
550 Views
Last post June 19, 2021, 12:19:07 PM
by zanurreload
clip
FEN Indicator

Started by Admin on MT4 / MT5 Indicators

170 Replies
22505 Views
Last post June 18, 2020, 11:16:09 AM
by kisumam