Ram Nisha

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Ram Nisha
Sinan  Aydın

Reviewer:

Sinan Aydın
Modified:
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All Harmonic Patterns Scanner for MT4 Download – Free – [TradingFinder]

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MetaTrader4

MetaTrader5
$4FreeFor a limited time
All Harmonic Patterns Scanner for MT4 Download – Free – [TradingFinder]
All Harmonic Patterns Scanner for MT4 Download – Free – [TradingFinder] 0
All Harmonic Patterns Scanner for MT4 Download – Free – [TradingFinder] 1
All Harmonic Patterns Scanner for MT4 Download – Free – [TradingFinder] 2
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The All Harmonic Patterns Scanner is designed to identify and display all harmonic patterns on the MetaTrader 4 platform. This trading tool analyzes pivots and price action structures to automatically plot patterns, such as the Gartley, Bat, Butterfly, and other common and uncommon harmonic formations, on the chart.

In addition to classic patterns, this tool also offers alternative or inverse structures, such as the Anti Bat and Anti Crab, among others.

Specifications Table of the All Harmonic Patterns Detection Scanner

The specifications of the All Harmonic Patterns Scanner are provided in the table below.

Indicator Categories:
Trading Assist MT4 Indicators
Harmonic MT4 Indicators
Candle Sticks MT4 Indicators
Platforms:
MetaTrader 4 Indicators
Trading Skills:
Advanced
Indicator Types:
Reversal MT4 Indicators
Timeframe:
Multi-Timeframe MT4 Indicators
Trading Style:
Day Trading MT4 Indicators
Scalper MT4 Indicators
Swing Trading MT4 Indicators
Trading Instruments:
Stock Market MT4 Indicators
Cryptocurrency MT4 Indicators
Forex MT4 Indicators

At a Glance: All Harmonic Patterns Scanner

A key feature of the Harmonic Patterns Scanner is its comprehensive and professional control panel, allowing users to precisely manage tool functionality. The panel includes options to separately select Bullish Patterns and Bearish Patterns based on the trader’s preference.

Additionally, two essential parameters “Pivot Range and Pivot Deviation” are provided in the panel, which play a crucial role in pattern detection:

  • Pivot Range: Defines the range used to detect pivot points
  • Pivot Deviation: The allowed deviation from standard pivot positions

Bullish Trend Scenario

Based on the analysis of the 1-hour BNB (Binance Coin) chart, selecting the Alternate Bat Pattern in the panel prompts the indicator to automatically detect and draw the pattern.

As shown in the image, the bullish pattern is highlighted in pink, and the D point marks a potential entry zone for long positions.

Formation of bullish patterns by the Harmonic Patterns Detection Scanner
Automatic detection and drawing of the bullish Alternate Bat pattern by the All Harmonic Patterns Scanner

Bearish Trend Scenario

In the 1-hour USD/CAD chart analysis, after selecting the Classic Butterfly Pattern and pressing the “Set” button, the indicator automatically renders the pattern. The bearish pattern is shown in gray, with the D point marking the potential start of a downtrend.

Bearish harmonic patterns generated by the All Harmonic Patterns Scanner
Identifying market reversal points using the Harmonic Patterns Scanner

Harmonic Patterns Scanner Settings

The scanner settings for detecting all harmonic patterns are as follows:

Settings section of the Harmonic Patterns Scanner
Overview of Harmonic Patterns Scanner settings

Display Settings

  • Number of Bars to Look Back: Defines the historical data range to be analyzed by the indicator
  • Number of Previous Candles for Set Pivot: Sets the number of bars used to determine pivot points
  • Show Lines: Toggles the visibility of lines connecting pattern points on the chart
  • Start Shift (Bars Back): Number of bars to shift back from the current bar to start analysis
  • Custom Color Lines (Bearish Harmonic): Custom color selection for bearish pattern lines
  • Custom Color Lines (Bullish Harmonic): Custom color selection for bullish pattern lines
  • Custom Color of Text: Sets the color of text and labels displayed on the chart
  • Show name of Pattern: Option to display pattern names next to the graphical structure
  • Size of font: Adjusts the font size of text shown on the chart

Alert & Notification Settings

  • ALERT: Enables sound alerts upon pattern detection
  • EMAIL: Sends email notifications when a pattern is formed
  • NOTIFICATION: Sends push notifications to the MetaTrader terminal or mobile app
  • MESSAGE_SUBJECT: Subject line for alerts sent via email or platform notifications

Conclusion

The All Harmonic Patterns Scanner is a powerful tool for automatically detecting and visualizing harmonic patterns on price charts. It scans the market structure to identify patterns, such as the Dragon, Navarro 200, and others.

The settings panel includes sections for technical configuration, graphical display, and alert customization. Users can modify pivot detection parameters, color schemes, and visibility of pattern names to suit their trading preferences.

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FAQs

Do I need to manually draw the patterns when using this scanner?

No. This tool automatically detects and plots the patterns on the chart.

What does the “Pivot Range” setting do?

It defines the bar range used to determine pivot points for pattern recognition.

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