Anti Cypher Harmonic Pattern Indicator MT5 Download – Free – [TradingFinder]

The Anti Cypher Harmonic Pattern Indicator, unlike the classic Cypher pattern, identifies specific relationships within the structure of the XA, AB, BC, and CD waves.

This trading tool is specifically designed to detect harmonic patterns and seek points that are often hidden from traders' eyes. On the chart, this indicator displays the bullish pattern in pink and the bearish pattern in darkblue; thus, differences and trend changes become easily recognizable.

Specifications of the Anti Cypher Harmonic Pattern Indicator

The features of the Anti Cypher Harmonic Reversal Pattern Indicator are presented in the table below:

Bullish Trend Condition

On the 30-minute chart of Ethereum (ETH), after the completion of the bullish pattern and reaching point "D," the market has initiated a significant upward move.

This reversal indicates the return of market strength in the "D" reversal area and confirms the bullish Anti Cyphersignal.

Bearish Trend Condition

According to the 30-minute EUR/USD chart, the Anti Cypher Harmonic Pattern Indicator uses bluelines to show a bearish structure.

Based on this pattern, after completion and price reaching point "D," the previous upward move ends, and the marketenters a downtrend.

Anti Cypher Harmonic Reversal Pattern Indicator Settings

The adjustable items in the Anti Cypher Harmonic Pattern Indicator settings are as follows:

• Minimum Length of Wave (candle): Minimum number of candles to form each wave
• Num of Previous Candle: Number of previous candles for wave identification
• Show Lines: Display pattern lines
• Break Pivot: Show or hide broken lines on the chart
• Original pivot to broken pivot (Pipet): Permissible distance between the main pivot and the broken pivot
• Shift: Move the pattern lines forward or backward on the chart
• Bullish Pattern: Display the bullish Anti Cypher pattern
• Bearish Pattern: Display the bearish Anti Cypher pattern
• Custom Color Lines (Bearish Harmonic): Select a color for bearish pattern lines
• Custom Color Lines (Bullish Harmonic): Select a color for bullish pattern lines
• Custom Color of Text: Color of text and labels

Conclusion 

The Anti Cypher Harmonic Pattern Indicator is a harmonic reversal pattern that displays market reversal points and fake breakouts. In addition, this indicator offers a flexible settings panel that allows the customization of elements.

This tool is multitimeframe and compatible with all trading strategies, including scalping, long term trading, and more.