Gartley Harmonic Dashboard Indicator – Full Person Information & Buying and selling Guide (MT4 & MT5)
Introduction
The Gartley Harmonic Dashboard Indicator is an expert multi-symbol, multi-timeframe buying and selling instrument that automates the detection of Gartley harmonic patterns. It scans as much as 20 devices throughout 9 timeframes and presents each validated sample in a compact, interactive six-column dashboard with configurable Fibonacci ratio parameters.
Key Options:
- Automated Gartley Detection: Identifies each Bullish (LHLHL) and Bearish (HLHLH) Gartley patterns utilizing swing pivot evaluation
- Fibonacci Validation: Three-ratio validation — XAB (0.618 golden ratio with tolerance), ABC (38.2%-88.6%), XAD (78.6% with tolerance)
- Multi-Image Monitoring: Watch as much as 20 foreign money pairs, metals, indices, or crypto property concurrently
- Multi-Timeframe Evaluation: Monitor M1 via Month-to-month timeframes (9 timeframes)
- Non-Repainting Indicators: Makes use of confirmed swing pivots with right-bar validation — indicators by no means disappear
- Yellow Triangle Visualization: Accomplished patterns are drawn with three stuffed yellow triangles (XAB, ABC, BCD) and labeled X/A/B/C/D factors
- 6-Column Dashboard: Image, Timeframe, Path, Sample, Age, and Chart navigation
- 4-Channel Alerts: Popup, sound, e mail, and push notifications with sample particulars
Obtain the indicator:
TIP: All the time mix sample indicators with correct place sizing and danger administration — by no means danger greater than 1-2% of your account on a single commerce.
Understanding the Gartley Sample
What’s the Gartley Sample?
The Gartley sample is a 5-point XABCD harmonic sample initially described by H.M. Gartley in his 1935 e book “Earnings within the Inventory Market” and later refined with particular Fibonacci ratios by Scott Carney. It defines exact potential reversal zones utilizing three Fibonacci ratio checks between the X, A, B, C, and D swing factors. The XAB retracement of 0.618 (the golden ratio) is the important thing defining ratio that distinguishes the Gartley from different harmonic patterns, whereas the XAD retracement of 0.786 marks the completion level. When all three ratios are glad, the D level marks a high-probability reversal zone.
Bullish Gartley (BUY Sign)
The bullish sample follows a Low-Excessive-Low-Excessive-Low (LHLHL) sequence:
- X (Low): Beginning swing low
- A (Excessive): Worth rises from X to A
- B (Low): Worth retraces down from A, and B should be ABOVE X
- C (Excessive): Worth retraces upward from B, however C should be BELOW A
- D (Low): Worth drops from C to D, and D should be ABOVE X — BUY HERE
Bearish Gartley (SELL Sign)
The bearish sample follows a Excessive-Low-Excessive-Low-Excessive (HLHLH) sequence:
- X (Excessive): Beginning swing excessive
- A (Low): Worth drops from X to A
- B (Excessive): Worth retraces up from A, and B should be BELOW X
- C (Low): Worth retraces downward from B, however C should be ABOVE A
- D (Excessive): Worth rises from C to D, and D should be BELOW X — SELL HERE
Fibonacci Ratios
| Measurement | Legitimate Vary | Description |
|---|---|---|
| XAB Retracement | 0.618 of XA (with 5% tolerance) | Level B retraces 61.8% of the XA leg — the GOLDEN RATIO |
| ABC Retracement | 0.382 – 0.886 of AB | Level C retraces 38.2% to 88.6% of the AB leg |
| XAD Retracement | 0.786 of XA (with 5% tolerance) | Level D retraces 78.6% of the XA leg — KEY RATIO |
The indicator validates all three ratios earlier than displaying a sample on the dashboard. Solely patterns that go each Fibonacci examine seem as indicators. In contrast to the Bat sample which requires 4 ratio checks (together with a BCD extension), the Gartley makes use of solely three ratio checks with no BCD extension validation.
NOTE: The indicator makes use of confirmed swing pivots (with Pivot Proper Bars of right-side affirmation) to determine X, A, B, C, and D factors. A sample is simply confirmed after level D has been validated by subsequent bars, making certain non-repainting indicators.
Set up Information
For MetaTrader 5
- Buy the indicator from the MQL5 Market — it installs mechanically
- Press Ctrl+N to open the Navigator and develop Indicators > Market to seek out it
- If the indicator doesn’t seem instantly, restart MetaTrader 5
For MetaTrader 4
- Buy the indicator from the MQL5 Market — it auto-installs into your terminal
- Open the Navigator (Ctrl+N) and look below Indicators to seek out it
- If the indicator doesn’t seem, restart MetaTrader 4
Including to a Chart
- Double-click the indicator within the Navigator, or drag and drop onto any chart
- Regulate settings as wanted and click on OK
After making use of, you will note:
- Dashboard Panel: Separate window under your chart exhibiting all detected patterns
- Sample Visualization: Three yellow-filled triangles (XAB, ABC, BCD), X/A/B/C/D labels, dashed traces (X-B, A-C, B-D, X-D), and BUY/SELL ENTRY arrows
NOTE: Connect the indicator to a chart of one of many monitored symbols to see the sample visualization on that pair.
Dashboard Overview
The dashboard shows in a separate indicator window under your important chart. It presents all detected Gartley patterns in a scrollable desk with six columns:
| Column | Description |
|---|---|
| Image | Instrument the place the sample was detected (e.g., EURUSD) |
| Timeframe | Chart interval (M5, M15, H1, H4, D1, and so on.) |
| Path | Inexperienced = Bullish/BUY, Pink = Bearish/SELL |
| Sample | “Bullish Gartley” or “Bearish Gartley” when energetic; “—” when no sample |
| Age | Bars since level D fashioned (sign freshness) |
| Chart | Click on to navigate to that image and timeframe |
Utilizing the Dashboard
- Scrolling: Use the scrollbar on the suitable aspect to view extra rows when there are extra indicators than seen rows
- Fast Navigation: Click on any row’s “Chart” button to immediately change your important chart to that image and timeframe
- Shade Coding: Inexperienced background tint for Bullish patterns, Pink for Bearish
- Contemporary Indicators: Search for patterns with low Age values (1-5 bars) for the latest setups
- Seen Rows: The variety of concurrently seen rows is configurable (default: 12)
TIP: Use the dashboard to rapidly scan all of your markets for Gartley patterns. While you spot an fascinating setup, click on the Chart button to examine the sample visually earlier than making a buying and selling determination.
Enter Parameters Reference
Dashboard Settings
| Parameter | Default | Description |
|---|---|---|
| Symbols | EURUSD,GBPUSD,USDCAD,USDJPY | Comma-separated symbols to watch (as much as 20) |
| Image Prefix | (empty) | Dealer prefix, e.g., “x” for xEURUSD |
| Image Suffix | (empty) | Dealer suffix, e.g., “.professional” for EURUSD.professional |
| Allow M1 | false | Toggle M1 scanning |
| Allow M5 | true | Toggle M5 scanning |
| Allow M15 | true | Toggle M15 scanning |
| Allow M30 | true | Toggle M30 scanning |
| Allow H1 | true | Toggle H1 scanning |
| Allow H4 | true | Toggle H4 scanning |
| Allow D1 | true | Toggle D1 scanning |
| Allow W1 | true | Toggle W1 scanning |
| Allow MN | false | Toggle Month-to-month scanning |
| Seen Rows | 12 | Rows displayed in dashboard without delay |
Gartley Sample Settings
| Parameter | Default | Description |
|---|---|---|
| Pivot Left Bars | 5 | Bars left for swing pivot affirmation. Increased = main swings solely |
| Pivot Proper Bars | 5 | Bars proper for swing pivot affirmation. Ensures non-repainting |
| XAB Ratio | 0.618 | Goal XAB retracement (61.8% of XA — golden ratio) |
| XAB Tolerance | 0.05 | Tolerance for XAB validation (±5%) |
| ABC Min Retracement | 0.382 | Minimal ABC ratio (38.2% of AB) |
| ABC Max Retracement | 0.886 | Most ABC ratio (88.6% of AB) |
| XAD Ratio | 0.786 | Goal XAD retracement (78.6% of XA) — key Gartley ratio |
| XAD Tolerance | 0.05 | Tolerance for XAD validation (±5%) |
| Max Historical past Bars | 500 | Historic bars to scan per symbol-timeframe |
Chart Show Settings
| Parameter | Default | Description |
|---|---|---|
| Present Gartley Sample | true | Draw yellow triangle sample overlay on chart |
| Present BUY/SELL Arrows | true | Show BUY/SELL ENTRY arrows at level D |
| Present Sample Labels | true | Show X, A, B, C, D labels at swing factors |
| Bullish Sample Shade | Lime | Shade for bullish (BUY) parts |
| Bearish Sample Shade | Pink | Shade for bearish (SELL) parts |
| Sample Fill Shade | Yellow | Fill coloration for triangles |
| Sample Line Shade | Black | Line coloration connecting X-A-B-C-D |
| Arrow Measurement | 4 | Entry arrow measurement (scale 1-5) |
| Arrow Hole (ATR mult.) | 0.8 | Arrow distance from D level as ATR multiplier |
Alert Settings
| Parameter | Default | Description |
|---|---|---|
| Alert Title | “Gartley Harmonic Dashboard” | Title prefix for alert messages |
| Allow Popup Alerts | true | Present popup dialog on new sample |
| Allow Sound Alerts | true | Play WAV sound on new sample |
| Sound File | alert2.wav | WAV file in MT4/MT5 Sounds folder |
| Allow Electronic mail Alerts | false | Ship e mail on new sample (requires e mail config) |
| Allow Push Notifications | true | Ship cell push through MT4/MT5 app |
IMPORTANT: The supply code makes use of InpAlertTitle = “Gartley Harmonic Dashboard” because the default alert title. Alerts hearth solely as soon as per sample per symbol-timeframe to stop duplicate notifications.
Chart Sample Visualization
When a Gartley sample is detected on the present chart image and timeframe, the indicator attracts the next visible parts:
Yellow Triangle Fill
Three stuffed triangles are drawn to focus on the five-point sample construction:
- Triangle 1 (XAB): Connects factors X, A, and B with a yellow stuffed space
- Triangle 2 (ABC): Connects factors A, B, and C with a yellow stuffed space
- Triangle 3 (BCD): Connects factors B, C, and D with a yellow stuffed space
The triangles use the configurable Sample Fill Shade (default: Yellow). Black traces ( Sample Line Shade ) join X to A, A to B, B to C, and C to D to stipulate the sample.
Dashed Strains
4 dashed traces are drawn to finish the harmonic sample construction:
- X-B: Connects the origin to the primary retracement finish
- A-C: Connects the primary impulse finish to the second retracement finish
- B-D: Connects the primary retracement to the sample completion
- X-D: Connects the origin to the completion level — visually representing the important thing 0.786 XAD retracement
X/A/B/C/D Level Labels
Every swing level is labeled with pink textual content:
- X — Origin level of the sample
- A — Finish of the primary leg (XA)
- B — Finish of the retracement leg (AB) on the 0.618 golden ratio degree
- C — Finish of the second retracement leg (BC)
- D — Sample completion level (entry zone) on the 0.786 XAD degree
Labels are positioned barely offset from the worth level to keep away from overlapping with candlesticks.
BUY ENTRY / SELL ENTRY Arrows
At level D, a big arrow is drawn to point the sign path:
- Bullish (BUY): An upward-pointing arrow in Lime (inexperienced) coloration, positioned under the D level
- Bearish (SELL): A downward-pointing arrow in Pink, positioned above the D level
The arrow measurement is configurable (default: 4 on a 1-5 scale) and the gap from worth is managed by the Arrow Hole parameter (default: 0.8 x ATR).
TIP: If the yellow triangles or arrows are too giant or too small in your display screen, alter the Arrow Measurement and Arrow Hole parameters. For increased timeframes (H4, D1), it’s your decision a bigger arrow measurement to maintain indicators seen.
Alert Configuration
Alert Message Format
When a brand new Gartley sample is detected, the alert message accommodates all important info:
Gartley Harmonic Dashboard: EURUSD BULLISH GARTLEY (BUY) sample on H1
The message tells you: the image, the sample sort (Bullish or Bearish), the buying and selling path (BUY or SELL), and the timeframe.
Setting Up Electronic mail Alerts
- Go to Instruments > Choices > Electronic mail and configure your SMTP server
- Ship a check e mail to confirm, then set Allow Electronic mail Alerts to true
Setting Up Push Notifications
- Set up the MetaTrader cell app and discover your MetaQuotes ID in Settings
- In desktop MetaTrader, go to Instruments > Choices > Notifications and enter the ID
- Click on “Take a look at” to confirm, then set Allow Push Notifications to true
Alert Finest Practices
- Hold Popup and Sound Alerts enabled for rapid desk notification
- Use Push Notifications for cell alerts when away from the pc
- Electronic mail Alerts create a helpful log of all detected patterns
- Alerts hearth as soon as per sample per symbol-timeframe to stop duplicates
Buying and selling Methods
Technique 1: Direct Entry at Level D
- Watch for a brand new Gartley sample on the dashboard (Age = 1-2)
- Click on Chart to view the sample and confirm the triangles and labels look clear
- Enter on the present worth close to level D
- Cease Loss: Past D by a buffer (e.g., 1x ATR). For Bullish Gartley, cease under D however above X
- Take Revenue: Goal B degree first, then C or A degree for prolonged targets
- Typical risk-reward: 1:1.5 to 1:3 relying on sample geometry
The Gartley’s shallower D-point retracement (0.786 vs the Bat’s 0.886) means D is farther from X, so the gap from D to X is bigger. This offers extra room for cease placement but in addition requires barely bigger stops when inserting them past X.
Technique 2: Affirmation Entry
Watch for worth affirmation earlier than coming into:
- Word the D level degree when a brand new Gartley sample seems
- For Bullish: look forward to a bullish shut above the D-bar excessive. For Bearish: look forward to a bearish shut under the D-bar low
- Enter after the affirmation candle closes
- Cease Loss: Beneath D (Bullish) or above D (Bearish)
- Take Revenue: B degree first, A degree as prolonged goal
Barely worse entry worth however considerably fewer false indicators.
Technique 3: Multi-Timeframe Confluence
Discover patterns aligning throughout a number of timeframes:
- Look for a similar image exhibiting Gartley patterns on two or extra timeframes (e.g., EURUSD Bearish Gartley on H1 and H4)
- Enter on the decrease timeframe sample within the path confirmed by the upper timeframe
- Use the upper timeframe B and A ranges as prolonged targets
TIP: Multi-timeframe confluence is without doubt one of the strongest filters for Gartley sample buying and selling. When the dashboard exhibits the identical path on two or extra timeframes for an emblem, the likelihood of a profitable reversal will increase considerably.
Pivot & Ratio Tuning
Adjusting Pivot Sensitivity
These parameters management how important a swing should be to qualify as an X, A, B, C, or D level:
| Setting | Pivot Bars | Impact | Finest For |
|---|---|---|---|
| Aggressive | 3-4 | Finds minor swings, extra patterns, quicker detection | Scalping M1-M15 |
| Default | 5 | Balanced between high quality and amount | Day buying and selling M15-H4 |
| Conservative | 7-10 | Solely main swings, fewer however higher-quality patterns | Swing buying and selling H4-D1 |
Adjusting Gartley Fibonacci Parameters
| Buying and selling Type | XAB Tolerance | ABC Vary | XAD Tolerance | Patterns Discovered |
|---|---|---|---|---|
| Strict | 3% | 0.50 – 0.786 | 3% | Few, prime quality |
| Default | 5% | 0.382 – 0.886 | 5% | Balanced |
| Relaxed | 8% | 0.30 – 0.90 | 8% | Many, wider standards |
Word that the XAB ratio is fastened at 0.618 (golden ratio) and the XAD ratio is fastened at 0.786 — solely the tolerance proportion adjustments. That is completely different from patterns just like the Bat the place XAB is outlined as a variety. The Gartley’s fastened XAB ratio is one motive it produces fewer however extra exactly outlined patterns.
Suggestions by instrument sort:
- Main Foreign exchange Pairs: Default settings work nicely. Clear harmonic patterns with dependable Fibonacci relationships
- Minor/Unique Foreign exchange: Barely relaxed settings (XAD tolerance 6-8%) as worth motion is much less uniform
- Gold/Silver (XAUUSD, XAGUSD): Default or barely strict. Metals produce well-defined Gartley patterns
- Crypto (BTCUSD, ETHUSD, SOLUSD): Relaxed settings (tolerances at 8%) attributable to increased volatility
- Indices (US500, US30): Default settings. Index patterns are typically well-formed
Max Historical past Bars
| Worth | Impact | Finest For |
|---|---|---|
| 200 | Quicker calculation, solely current patterns | Scalping, low-resource methods |
| 500 (default) | Good stability of depth and efficiency | Most buying and selling situations |
| 1000+ | Finds bigger patterns spanning many bars | Increased timeframes (D1, W1) |
Dealer Image Configuration
Many brokers add prefixes or suffixes to image names. In case your dealer’s EURUSD seems otherwise in Market Watch, configure the prefix and/or suffix:
Frequent Examples
| Dealer Image | Prefix | Suffix |
|---|---|---|
| EURUSD | (empty) | (empty) |
| xEURUSD | x | (empty) |
| EURUSD.professional | (empty) | .professional |
| mEURUSD.i | m | .i |
| EURUSD_SB | (empty) | _SB |
Learn how to Configure
- Open Market Watch (Ctrl+M) and be aware the precise image identify (e.g., “EURUSDpro”)
- Determine the prefix (earlier than “EURUSD”) and suffix (after “EURUSD”)
- Enter prefix in Image Prefix , suffix in Image Suffix
- In Symbols , enter base names with out prefix/suffix: EURUSD,GBPUSD,USDJPY
The indicator mechanically combines prefix + base identify + suffix to seek out right symbols.
TIP: In case your dashboard exhibits “—” for all entries, the most typical trigger is inaccurate image names. Examine Market Watch and confirm your prefix/suffix settings match your dealer’s naming conference.
Troubleshooting
Dashboard Exhibits “—” for All Entries
Potential causes:
- Fallacious image names: Confirm symbols match your dealer’s naming in Market Watch (Ctrl+M)
- Lacking prefix/suffix: Set Image Prefix and Image Suffix to match your dealer
- Symbols not loaded: Add lacking symbols through Market Watch > right-click > Symbols
- No patterns discovered: The Gartley’s strict 0.618 XAB requirement means fewer patterns than another harmonic patterns. Attempt rising Max Historical past Bars or barely rising XAB Tolerance
No Arrows or Triangles on Chart
- Confirm Present Gartley Sample and Present BUY/SELL Arrows are set to true
- Guarantee chart image is in your monitored symbols checklist and timeframe is enabled
- If the dashboard row exhibits “—“, no energetic sample exists for that symbol-timeframe
Alerts Not Working
- Popup not showing: Examine Allow Popup Alerts is true and MT4/MT5 permits alerts (Instruments > Choices > Occasions)
- No sound: Confirm sound file exists within the Sounds folder
- Electronic mail not acquired: Configure e mail in Instruments > Choices > Electronic mail first
- Push not acquired: Confirm MetaQuotes ID in Instruments > Choices > Notifications
Indicator Hundreds Slowly
- Cut back monitored symbols or disable unneeded timeframes (e.g., M1, MN)
- Cut back Max Historical past Bars from 500 to 200-300
- The primary load is all the time slower; subsequent calculations are quicker
FAQ
Q: Does this indicator repaint? A: No. The indicator makes use of confirmed swing pivots requiring Pivot Proper Bars (default: 5) bars of right-side affirmation. As soon as displayed, patterns by no means change or disappear.
Q: Can I exploit this on any image? A: Sure. It really works on any image in your MetaTrader terminal — foreign exchange, metals, crypto, indices, and extra.
Q: What timeframes work finest? A: The indicator works on all timeframes from M1 to Month-to-month. For day buying and selling, M15-H1 offers good frequency and high quality. For swing buying and selling, H4-D1 offers higher-quality patterns. The Gartley sample performs particularly nicely on H1 and H4 the place market construction respects Fibonacci ratios most reliably.
Q: What number of symbols can I monitor? A: As much as 20 symbols concurrently. Enter them as a comma-separated checklist within the Symbols parameter.
Q: Does the indicator present Entry, Cease Loss, and Take Revenue ranges? A: The indicator identifies the D level (entry zone) however doesn’t calculate particular SL/TP ranges. Set your cease loss past D and goal the B or A degree for take revenue based mostly in your danger administration guidelines.
Q: What’s the distinction between the MT4 and MT5 variations? A: Each use equivalent detection logic. The MT5 model makes use of handle-based calculations and enter group group. Performance and output are the identical.
Q: How do I do know if a sample continues to be legitimate? A: Examine the Age column. Low Age values (1-5 bars) are freshest. As Age will increase, the entry window could have handed. Additionally examine if worth has moved considerably from D.
Q: Can I alter the Fibonacci ratios? A: Sure. The XAB ratio (0.618) and XAD ratio (0.786) are configurable together with their tolerance percentages. The ABC Min and Max Retracement values are additionally adjustable. You possibly can tune these to match your most popular harmonic buying and selling model, from strict to relaxed standards.
Q: How does the Gartley differ from the Bat sample? A: Each are 5-point XABCD harmonic patterns, however they differ in key methods. The Gartley makes use of XAB = 0.618 (golden ratio with tolerance) whereas the Bat makes use of an XAB vary of 0.382-0.50. The Gartley’s XAD = 0.786 is shallower than the Bat’s 0.886, that means D doesn’t retrace as deeply towards X. The Gartley has solely 3 ratio checks (XAB, ABC, XAD — no BCD extension) whereas the Bat checks 4 ratios. The Gartley is the unique harmonic sample from H.M. Gartley’s 1935 e book “Earnings within the Inventory Market,” whereas the Bat was outlined by Scott Carney in 2001. As a result of the Gartley’s D level is shallower, cease losses positioned past X are typically wider, however the sample’s historic pedigree and the golden ratio basis make it one of the well known harmonic patterns in technical evaluation.
Obtain the indicator:
In case you need assistance with the Gartley Harmonic Dashboard Indicator:
Product Pages:
Contact:
- Developer: Forexobroker – Dominic Walsh
- Web site: www.forexobroker.com
- MQL5 Profile: Use the “Message” button on the product web page to contact the developer immediately
Getting Assist:
- Use the Feedback part on the product web page for common questions
- Use the non-public Message function for account-specific points
- Embrace your MetaTrader model (MT4 or MT5) and dealer identify when reporting points
Threat Disclaimer
Buying and selling overseas change, metals, cryptocurrencies, and different monetary devices on margin carries a excessive degree of danger and is probably not appropriate for all buyers. Earlier than deciding to commerce, rigorously contemplate your funding aims, degree of expertise, and danger urge for food.
The Gartley Harmonic Dashboard Indicator is a technical evaluation instrument that identifies patterns in historic worth information. It doesn’t assure future outcomes. Previous efficiency isn’t indicative of future outcomes.
Key Threat Issues:
- By no means danger greater than 1-2% of your account on a single commerce
- All the time use cease losses
- Observe on a demo account earlier than buying and selling with actual cash
- The indicator identifies patterns; it doesn’t make buying and selling selections for you
- Harmonic patterns have a statistical edge however don’t work 100% of the time
The developer and writer settle for no legal responsibility for any buying and selling losses incurred whereas utilizing this product. Use it at your individual danger.
