The Harmonic Trading Pro EA is a fully automated EA that enters the market based on harmonic patterns. This Harmonic EA has a very unique and smart algorithm to detect the most reliable Harmonic patterns. The Harmonic Trading Pro EA is probably the most complete harmonic patterns EA, and has a set of features which make it unique.

You can trade this EA on any timeframe on EURUSD chart with a minimal balance of 1 000. I personally use it on the H1 timeframe.

Settings Advice

• $1 000 – use 0.01 lots and Increase coefficient 0.02. Breakeven = 1
• $2 000 – use 0.02 lots and Increase coefficient 0.04. Breakeven = 2
• $5 000 – use 0.05 lots and Increase coefficient 0.10. Breakeven = 5
• $10 000 – use 0.1 lots and Increase coefficient 0.20. Breakeven = 10

Features

• It reliably detects Bat, Alt. Bat, Gartley, Crab, Butterfly, Cypher and Shark patterns
• It plots primary, derived and complementary Fibonacci projections
• It evaluates the past price action and displays every past pattern
• It implements a multi-timeframe dashboard
• It uses breakouts to signal profitable entries
• It plots all the pattern ratios on the chart

Trading Settings

• Lots – lot size
• AutoLot – false; auto lot
• LotPercent – 20; lot (% balance)
• FirstTradeTP – 0; first trade take profit (0 – disabled)
• TrailPips – 50; trail points
• BreakevenVal – 1; breakeven ($)
• IncreaseType – 0; increase mode
• IncreaseCoeff – 0.02; increase coefficient
• MaxOrders – 25; max orders
• CloseTradesMaxOrd – false; close trades when max orders reached
• MaxDrawdownPerc – 100; close after drawdown (%)
• MaxProfitPerc – 50; close after profit (%)
• RiskPips – 50; risk zone (pips)
• ProfitPips – 110; profit (pips)
• ExternalMagic – 4214123; external EA magic (0 – manual trades)
• MagicNumber – 1337; magic number
• MoveX – 0; X coordinate
• MoveY – 0; Y coordinate
• Amplitude – 12; size of the Harmonics
• BreakOut – 3; when the breakout should appear
• MaxHistory – 1 000;
• onlyPerferctPatterns – false; detect only perfect patterns
• Triangle – true; detect Triangle
• Bat – true; detect Bat
• Gartley – true; detect Gartley
• Crab – true; detect Crab
• Butterfly – true; detect Butterfly
• Cypher – true; detect Cypher
• Shark – true; detect Shark
• Rations – true; detect Rations

Warnings

• You need a VPS for this EA
• Default setting is for an account with a balance of 1 000 with Bollinger strategy on EURUSD M1 or M5.
• This is not NFA/FIFO compliant. Do not trade with a US broker.
• Do not interfere with the trades. Let the EA do its job. All you can do is close the deal completely.