All Harmonics 26: Financial Indicator For Harmonic Patterns
All Harmonics 26 is an award-winning indicator for MetaTrader 5 that automates the detection of harmonic patterns, combining high-precision pattern recognition with Fibonacci-based calculations to help traders identify potential price reversal zones. Recognised with the Silver Trophy Award on the MetaTrader platform, it supports both classical and non-classical harmonic structures, offering a powerful, flexible tool for technical analysis.
Why Harmonic Patterns Matter
Harmonic patterns are built on Fibonacci ratios—mathematical relationships found in nature, art, and financial markets. These ratios, such as 0.382, 0.5, 0.618, 0.786, and 1.618, are central to:
Price Reversal Zones (PRZs): Areas where price is statistically more likely to reverse.
Support and Resistance: Levels that often align with significant historical price reactions.
Market Psychology: Widely recognised by traders, which can reinforce their predictive value.
By applying these ratios to price swings, patterns like Gartley, Butterfly, and Crab provide a framework for anticipating potential turning points.
What All Harmonics 26 Delivers
The indicator scans charts in real time, detects up to 26 harmonic patterns, and marks PRZs automatically—eliminating the need for manual measurement.
1. Broad Pattern Coverage
Classical: Gartley, Butterfly, Bat, Crab, Three Drives.
Non-Classical: Shark, Cypher, Black Swan, White Swan, plus anti-patterns.
2. Precision Controls
Compression Rate: Adjusts how the indicator processes time series data to focus on meaningful price points.
Pattern Tolerance: Fine-tunes how strictly Fibonacci ratios must match for a pattern to be recognised.
Historical Length: Limits scanning to a defined data range for performance optimisation.
3. User-Friendly Tools
Interactive dashboard and keyboard shortcuts for switching patterns and toggling PRZ visibility.
Real-time monitoring of forming and pending patterns so traders can prepare before setups complete.
Ability to explore historical patterns for strategy testing and refinement.
Fibonacci Integration in Practice
Each detected pattern is evaluated against strict Fibonacci retracement and extension criteria.
For example, a Gartley pattern is defined by:
AB = 61.8% retracement of XA
BC = 38.2%–88.6% retracement of AB
CD = 127.2%–161.8% extension of BC
The indicator calculates these automatically and highlights the PRZ, saving traders hours of manual work.
Practical Use and Best Practices
Test with the Free Demo: Full functionality with one harmonic pattern for familiarisation.
Use Higher Timeframes: Optimal performance on M30 and above due to computational demands.
Customise Settings: Match pattern length and PRZ tolerance to your strategy.
Combine with Other Tools: Use alongside support/resistance, trend lines, and volume analysis for confirmation.
Roadmap
Planned enhancements include:
Real-time alerts via email and push notifications.
An improved interface with active pattern dashboards.
API integration for faster performance.
Conclusion
All Harmonics 26 streamlines harmonic trading by handling the complex measurements and validations automatically. With its wide pattern coverage, deep Fibonacci integration, and precision controls, it equips traders to spot reversal opportunities with confidence and efficiency.
