Description
🚀 HARMONIC PATTERN PRO cBot
The evolution of technical analysis: Intelligent detection and automated execution in a single tool. It plots all chart patterns across all timeframes and is compatible with every symbol.
The test sample for the H8 parameters works well with tick data or bar close data.
🎯 The Key Differentiator: Harmonic Pattern Pro is not merely an indicator; it is a full-fledged algorithmic trading cBot.
Its greatest strength lies in the seamless transition between manual analysis and full automation:
Default indicator settings; download the settings from GitHub for the H8 EURUSD trading robot.
Mathematical Confidence Filter: It does not issue alerts for just any pattern. The system calculates exact Fibonacci symmetry and generates a Confidence Score e.g., 95% Gartley, filtering out weak or duplicate signals.
Hybrid Mode Manual or Automatic: Users can employ it simply to plot patterns on the chart and receive mobile alerts, or activate Auto-Trading to let the bot execute entries and precisely set Stop Loss and Take Profit levelsall 100% autonomously.
⚙️ Key Features and Benefits
Elite Pattern Identification 7 Patterns: Detects Gartley, Bat, Butterfly, Crab, Cypher, Shark, and AB=CD patterns with pinpoint accuracy. Each pattern can be enabled or disabled individually.
Telegram Integration: Connects the Forex market directly to the user's pocket. The bot sends instant alerts containing the asset name, direction BuySell, exact entry price, and signal confidence level. Note: This feature is currently in the testing phase.
Integrated Risk Management: Built-in capital protection with adjustable parameters for Volume Lots, Stop Loss in Pips, Take Profit, and a maximum limit on simultaneous open positions.
Advanced Visual Clarity: Unlike indicators that clutter the screen, the bot manages the display dynamically. Bullish green and bearish red patterns feature translucent fills and clean labels, keeping the chart organized for Smart Trading analysis.
Summary
Users can operate the bot in hybrid mode, either manually analyzing plotted patterns with mobile alerts or enabling full automation for trade entries, including automatic Stop Loss and Take Profit placement. Integrated risk management features allow customization of volume lots, stop loss in pips, take profit levels, and limits on simultaneous open positions.
The bot offers advanced visual clarity by dynamically managing chart displays with translucent fills and clear labels for bullish and bearish patterns. It supports market alerts via Telegram integration, providing real-time notifications with asset details, trade direction, entry price, and confidence level (feature in testing). The bot is optimized for day trading with medium trade frequency, employing fixed lot risk management and market order types. Backtesting covers one year with a recommended minimum balance of $200 and risk per trade set at 1%.
