All Harmonic Patterns Scanner for MT5 Download – Free – [TradingFinder]

The All Harmonic Patterns Scanner is developed to display a wide range of harmonic patterns on the MetaTrader 5 chart platform.

This powerful scanner analyzes price pivot points and market structure to visually display popular patterns such as Gartley, Butterfly, Bat, and many others.

In addition to classic versions, this tool also examines and presents modified or inverse structures, such as the Alternate Bat, Anti Crab, and other alternative formations.

Specifications Table of All Harmonic Patterns Detection Scanner

The table below provides the specifications of the All Harmonic Patterns Scanner:

At a Glance: All Harmonic Patterns Scanner

One of the prominent features of the Harmonic Patterns Scanner is its powerful and professional control panel that allows users to configure various tool settings.

This section offers the option to separately select Bullish Patterns and Bearish Patterns, enabling traders to align precisely with their trading strategies.

Additionally, two key parameters, titled "Pivot Range" and "Pivot Deviation," have a direct effect on the pattern recognition process:

• Pivot Range: Defines the range of candles used to determine primary pivot points
• Pivot Deviation: Acceptable range or deviation from actual pivots to improve pattern detection

Bullish Trend Scenario

In analyzing the EUR/GBP chart on the 4-hour timeframe, after activating the internal strong pattern from the scanner panel, the intended structure was automatically drawn on the chart.

According to the image, a bullish pattern is highlighted in pink, with the completion point located at "D"; this area is considered a potential entry zone for long positions.

Bearish Trend Scenario

In the EUR/JPY chart example on the 1-hour timeframe, after selecting the Alternate Shark Pattern and clicking the "Set" button, the indicator automatically draws the pattern on the chart. This formation is displayed in a bearish direction with a gray color, and point "D" is considered the potential starting point of a downward trend in the market.

Harmonic Patterns Scanner Settings

The configuration settings for the All Harmonic Patterns Detection Scanner are described below:

Display Settings

• Number of Bars to Look Back: Defines the historical range for the indicator to analyze price data
• Number of Previous Pivot: Distance between the current and previous pivot
• Show Lines: Enable or disable the display of connector lines between pattern points on the chart
• Start Shift (Bars Back): Number of candles to shift back from the current bar to start analysis
• Custom Color Lines (Bearish Harmonic): Custom color for bearish pattern lines
• Custom Color Lines (Bullish Harmonic): Custom color for bullish pattern lines
• Custom Color of Text: Custom color for labels and text on the chart
• Show name of Pattern: Display the name of the pattern beside its structure on the chart
• Size of font: Font size for chart texts

Alert & Notification Setting

• ALERT: Enable sound alerts when a pattern is detected
• EMAIL: Send alerts to email upon pattern formation
• NOTIFICATION: Push notification to MetaTrader 5 terminal or mobile app
• MESSAGE_SUBJECT: Subject line of alert messages in notifications or emails

Conclusion

The All Harmonic Patterns Scanner is an advanced tool that automatically detects and visualizes harmonic patterns on price charts.

This scanner analyzes the market structure to identify major harmonic patterns and various special setups, offering them to traders.

The settings panel includes options to control analysis behavior, customize line colors, toggle visibility of pattern names, and manage alert configurations.