Trading on harmonic patterns has become easier than ever before. With the Harmonic Master Scanner Pro indicator, you can simultaneously search for 17 patterns on all bars on timeframes from M5 to W1.
Harmonic Master Scanner works on the basis of the original Zigzag indicator from the delivery of MetaTrader 4, as well as on the basis of standard elements of harmonic models.
The indicator can send you e-mail messages, as well as display pop-up alerts when a harmonic pattern is detected on a chart.
To see the pattern display on the chart, simply switch the chart timeframe to the timeframe shown in the notification.
The entry point is the “D” point.
The scanner shows current models one by one, does not display historical models (you can use history testing to create your own strategy).
Due to its complete dependence on the Zigzag indicator, the scanner may redraw the “D” point (only the “D” point) or send false alerts if the model is canceled. Therefore, it is highly recommended to use additional strategies to open trades, for example: price movement, divergences, or your own.
The scanner presents potential reversal zones in the form of rectangles, and significant Fibonacci retracement levels from the XA line in the form of red lines.
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There is also a function for displaying the Fibonacci time zones to check the time correction of the models. The recommended correction value is from 0.382% to 1.618%, the best equivalent is at 100%.
The scanner finds 17 harmonic models (AB=CD-Gartley-Bat-Butterfly – Crab-Shark-Alternate Bat-Deep Crab – Cypher-Nen Star-Anti Gartley – Anti Bat – Anti Butterfly – Anti Crab – Anti Shark – Anti Cypher-Anti Nen Star).
- “ZigzagDepth“, “ZigzagDeviation“, “ZigzagBackstep” – parameters of the Zigzag indicator.
- “nBarsShift” – the number of bars to shift the ZigZag indicator.
- “PercentAfter“, “PercentBefor” – to give more flexibility to the scanner, you can add a percentage range before and after individual elements, for example, for point” B ” in the Gartley model. The percentage is selected from the original Fibonacci retracement levels (for example: 0.5% from 0.618 before the element and 5% from 0.618 after the element). This percentage of flexibility applies only to:
- – The points ” C ” and ” B ” in the model AB=CD.
- – The “B” point in the Gartley, Butterfly, Alternate Bat, and Deep Crab models.
- – The “D” point in the Anti Gartley model.
- “Scan5M“, “Scan15M“, etc-pause or stop scanning one or more models.
- “IncludeABCD“, “IncludeGartley“, etc-pause or stop scanning one or more models.
- “BearishWave“, “BearishLabels“, “BearishPRZ“, “BullishWave“, “BullishLabels“, “BullishPRZ” – color settings.
- “ShowFiboTimes“, “FiboTimesColor” – settings of the Fibonacci time zones.
- – The points ” C ” and ” B ” in the model AB=CD.
- – The “B” point in the Gartley, Butterfly, Alternate Bat, and Deep Crab models.
- – The “D” point in the Anti Gartley model.
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