The Harmonic ZUP V20 MT4 Indicator is a pattern indicator for MetaTrader 4 designed to identify and plot harmonic patterns directly on the main chart. Specifically, it detects and displays common harmonic patterns, such as the Gartley pattern, along with others that use Fibonacci ratios based on Pesavento’s principles. Moreover, the indicator plots Fibonacci levels and lines, accurately calculating and visualizing the pattern structure. It highlights ratios that align with the Gartley pattern in green, while those matching Pesavento-based patterns appear in yellow. Additionally, the indicator is highly customizable. This makes it an invaluable asset for traders seeking to identify potential entry and exit points based on harmonic patterns. Therefore, forex traders can leverage these signals to execute trades more effectively.
This indicator is ideal for traders with knowledge of harmonic patterns and can be used across all time frames. Its versatility allows for the identification of harmonic patterns across multiple currency pairs, making it a valuable addition to any forex trading system or strategy.
Indicator Settings
How to Install Harmonic ZUP V20 MT4 Indicator
Download and extract files in the MetaTrader “Indicators” Data Folder found in the Main Menu File section:
The “Indicators” folder is located in the “MQL4” folder.
Restart MetaTrader Platform.
