Anti Gartley Harmonic Pattern Indicator MetaTrader 4 - [TFlab]

The Anti-Gartley Harmonic Pattern Indicator is a powerful analytical tool for the MetaTrader 4 (MT4) platform, designed to help traders identify and utilize the structure of harmonic patterns. This indicator automates the detection of the Anti-Gartley pattern by pinpointing five critical pivot points (X, A, B, C, and D) and then connecting them with lines directly on the chart.
By combining this indicator with other technical analysis methods, traders can identify both bullish and bearish patterns, enabling more specialized and professional analysis of price charts.

You can download it from this link:
https://cdn.tradingfinder.com/file/3...4-by-tflab.zip

For instructions on how to install:

https://www.forexfactory.com/thread/...-in-metatrader

TP & SL Tool: Risk Reward Ratio Calculator RRR MT4 | Prop Firm Protector: Trade Assist Prop Firm Plus TF Expert MT4 | Money Management + DrawDown Protector: Trade Panel Prop Firm Drawdawn Limiter Pro MT4 |Get a free Expert Advisor license via Telegram and WhatsApp

Key Features and Applications of the Indicator
This professional-grade tool accurately plots the Anti-Gartley harmonic pattern, allowing traders to identify potential trading entry points and recognize price reversal zones (PRZ). This precision helps in making more informed and accurate decisions within the market.

Bullish Anti-Gartley Pattern
When the indicator identifies a bullish Anti-Gartley pattern, it suggests a potential upward price reversal. For example, on a USDJPY 30-minute chart, the formation of this pattern can be used by traders to identify a buy signal. By observing Point D as the potential price reversal area (PRZ), traders can enter a long position.

Bearish Anti-Gartley Pattern
Conversely, the indicator identifies a bearish Anti-Gartley pattern to signal a potential downward price reversal. On a GBPUSD 4-hour chart, for instance, the indicator would plot a bearish pattern, suggesting a suitable entry point for a sell trade. This allows traders to identify and capitalize on potential downward price movements.

Customizable Indicator Settings
The Anti-Gartley Harmonic Pattern Indicator offers a range of customizable settings within MT4, allowing traders to fine-tune its behavior to their specific trading strategies. These settings include:

1. Minimum Length Of Wave (candles): Adjust the minimum number of candles required to form a wave.
2. Num Of Previous Candle: Set the number of historical candles the indicator analyzes.
3. Show Lines: Toggle the visibility of the pattern lines on the chart.
4. Break Pivot: Enable or disable checking for pivot breakouts.
5. Original pivot to broken pivot (Pipet): Define the distance between pivots in pipettes.
6. Shift: Adjust the horizontal shift of the displayed lines.
7. Bullish/Bearish Pattern: Choose whether to display bullish, bearish, or both types of patterns.
8. Style and Width Of Line: Customize the visual appearance of the pattern lines.
9. Custom Colors: Select distinct colors for bearish, bullish, and explanatory text lines on the chart.

Conclusion
The Anti-Gartley Harmonic Pattern Indicator is an essential tool for advanced trading strategies in the Forex market. By automatically detecting and plotting the Anti-Gartley harmonic pattern, it provides an ideal framework for identifying price reversal areas (PRZ) and entering buy or sell positions. Using this advanced non-repainting MT4 indicator can significantly enhance a trader's analytical perspective and improve overall trading performance.

Thank you very much. Do you know if there will be a version available for MT5 soon?"