This indicator finds ABCD, Gartley and Bat harmonic patterns from confirmed swing points and draws the XABCD legs, a dotted reversal zone and point labels on the price chart.
1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Harmonic Signal Alerts marks the closed bar where price reaches the reversal zone and can send one alert naming every pattern completed. Swing strength, ratio tolerance and zone width are adjustable, and each pattern and display element can be switched off. A swing is only known after the right-hand bars have formed, so detection lags.
ABCD, Gartley and Bat pattern detection
XABCD lines, reversal zone box and labels
Adjustable swing bars, ratio tolerance and zone width
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
ABCD
bool
true
useAbcd
Gartley
bool
true
useGartley
Bat
bool
true
useBat
Swing: bars on the left
int
10
leftBars
Swing: bars on the right
int
5
rightBars
Ratio tolerance, %
float
5.0
tolPct
Reversal zone half-width, % of XA
float
3.0
zonePct
XABCD lines
bool
true
showLines
Reversal zone
bool
true
showZone
Point and pattern labels
bool
true
showLabels
Bullish
color
#089981
bullColor
Bearish
color
#F23645
bearColor
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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