Collection · MT5

Harmonic Five

by AwareSet

Harmonic Five is a MetaTrader 5 trading suite designed for harmonic pattern detection and execution across forex, gold, indices, and cryptocurrencies.

GitHub stars1
Forks0
Last update2 months ago13 Jul 2026
LicenceNone stated

Overview

Harmonic Five identifies ABCD, Gartley, Bat, Butterfly, and Crab formations using Fibonacci geometry. The included expert advisor handles entries on fresh patterns and manages exits via a multi-take-profit system with breakeven logic. Risk management features include a daily loss halt and a latched equity kill-switch. Users can filter setups by pattern quality, trend alignment using an exponential moving average, and specific pattern types. Trading functionality is disabled by default.

Details

Author

AwareSet on GitHub

Type

Collection

Platform

MetaTrader 5 (MQL5)

Strategy

Mean reversion

Markets

Forex, Gold, Crypto, Indices

Timeframes

M15-H1, H4 and above

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

Input parameters

Read from HarmonicTraderEA.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
InpEnableTradingboolfalseMASTER SWITCH (default OFF)
InpUseAggressiveboolfalsefalse=safe profile (aggressive=own capital only)
InpResetKillSwitchboolfalseset true once to clear a latched equity-kill
InpKillModeint0equity-kill: 0=latch until manual reset (live), 1=halt day + re-arm (research), 2=off (research only!)
InpMagiclong990011
InpBarsint800
InpDepthint5
InpTolPctdouble0.05tighter = cleaner patterns
InpMinScoredouble0.65only high-quality patterns trade
InpSplitExitsboolfalse50% at TP1 + BE runner to TP2. Backtest verdict: HURTS (T2-after-T1 only ~33%; runner EV < the sure half-bank it replace
InpTrendFilterboolfalseEMA-trend gate. Backtest verdict: HURTS on XAUUSD M15 (blocks the profitable early reversals; win rate 69%->54%). Off by
InpTrendPeriodint200EMA period for the trend filter
Show all 17 inputs
NameTypeDefaultDescription
InpTradeABCDbooltruepattern-type switches (use scanner stats to choose)
InpTradeGartleybooltrue
InpTradeBatbooltrue
InpTradeButterflybooltrue
InpTradeCrabbooltrue

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone AwareSet/Harmonic-Five from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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