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Shepherd Harmonic Pattern

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The indicator detects harmonic patterns that are plotted on the graph using manual and automatic methods. The
consumer’s manual is available at this link:

https://www.mql5.com/en/blogs/post/719257

This is the free version of the product. You can use it to detect Gartley and Nenstar patterns:

https://www.mql5.com/ru/market/product/30181

  • If you’re using Windows 10, click the MetaTrader icon > “Compatibility” > > “Override
    High-resolution Zoom style” > > > “System (Advanced)” to get the best display settings (for
    high-resolution apparatus).
  • This indicator is an interpretation of the theory of harmonic trading to determine the harmonic patterns on the
    chart. You can read it in a book by Scott Carney called “Harmonic Trading vol 1 and 2”.
  • The indicator has price and time lines for alerts.
  • The indicator builds a Fibonacci fan on the detected patterns.
  • The indicator builds beams of Pivots/Camarilla/Patterns.
  • You can load manually drawn objects from higher timeframes to lower timeframes.
  • The reset button clears all saved timeframe settings (all / current).
  • The indicator has a built-in system for sending alerts / alerts, which provides goal points/stop levels/entry points in the form of
    signals.
  • The indicator detects divergences (yellow and orange arrows), which serve as a good confirmation.
  • The indicator calculates the best lot size for each pattern that corresponds to the balance risk specified in the settings.
  • The indicator also detects price action patterns (Pinbar, insidebar,outsidebar).
  • You can use the buffers of this indicator to create Expert Advisors using the following code:

[spoiler title=”Read More…”]

  • use_system_visuals – enable / disable the visual appearance of the indicator.
  • show_last_candle_counter – enable / disable the candle timer.
  • candle_counter_color – color of the candle timer.
  • accuracy_percent – percentage for the accuracy of determining the proportions of patterns.
  • Bullish_Pattern_Color – the color of the bullish patterns.
  • Bearish_Pattern_Color – the color of the bearish candlestick patterns.
  • abcd_color – color of the AB=CD patterns.
  • manual_pattern_color – color of the hand-drawn patterns.
  • show_proportions – show / hide the proportions of the patterns.
  • show_prz – show / hide potential reversal zones.
  • targets_only_completed_d – enable / disable displaying target levels only on completed patterns.
  • Font_Color – color of the text.
  • fan_color – the color of the Fibonacci fan.
  • send_alert – enable / disable alerts.
  • send_notification – enable / disable notifications.
  • send_email – enable / disable email notifications.
  • insidebar_sensor-enable / disable recognition of insidebar price action patterns.
  • outsidebar_sensor-enable / disable recognition of outsidebar price action patterns.
  • pinbar_sensor-enable / disable pinbar price action pattern recognition.
  • risk_percent – risk percentage for calculating the stop loss value based on patterns and account balance.
  • history_bars – the maximum number of bars used for calculations.

[/spoiler]

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