Anti Bat Harmonic Pattern Indicator for MT4 - Download | Forex Indicators Download - MetaTrader 4 Resources

On July 2, 2025, in version 2, the indicator added alerts/notifications and signals functionality

The Automatic Anti-Bat Harmonic Pattern Indicator uses a price structure analysis algorithm to detect and plot patterns, Fibonacci ratios .

This harmonic pattern is essentially an inverted version of the classic bat pattern. While the Bat pattern is designed to identify strong reversal zones following deep retracements, the Bat pattern features shallower corrections, with price reversals occurring in Fibonacci ratios unlike the original Bat pattern.

Anti-Bat Harmonic Mode Specification Sheet

The characteristics of the Anti-BAT Harmonic Mode Indicator are shown in the table below.

Indicator Overview

The Anti-Bat Harmonic Pattern indicator continuously scans the price chart for specific wave structures: XA, AB, BC, and CD .

If the wavelength and Fibonacci ratios match the structure of the Anti Bat pattern mainly when point D lies within 113% to 161.8% the XA wave indicator will automatically detect the pattern and display it on the chart.

Uptrend Conditions

On the Dow Jones Index price chart with the 4 hour time frame, the Anti-Bat Harmonic Pattern indicator generates a buy setup at point D where the bullish Anti-Bat pattern is fully formed.

This condition may provide a favorable point to trend reversal and entry into a long position.

downtrend conditions

The Anti-BAT Harmonic Pattern Indicator detects a downward trend on the CAD/JPY chart.

According to Fibonacci ratios, the sell signal price is generated when it reaches point D , located in the Potential Reversal Zone (PRZ). This area is considered a valid area for initiating a new downward trend .

Indicator Settings

Set to anti-bat harmonic mode the indicator is shown below:

• Minimum Wavelength (Candles): Minimum wavelength in candles
• Number of last candles : Number of past candles used for data analysis
• Show Lines : Display pattern lines
• Break Pivot : Pivot break
• Original Pivot to Broken Pivot (Pipette): The distance between the original pivot and the broken pivot
• Shift : horizontal movement value
• Bullish Pattern : Enable bullish pattern detection
• Bearish Pattern: Enable bearish pattern detection
• Style Of Line : pattern line style
• Width Of Line : Line thickness
• Custom Color Line (Bearish Harmonic): Custom color for bearish harmonic line
• Custom Color Line (Bull Harmonic): Custom color for bullish harmonic lines
• Custom text color : text color on chart

Conclusion

The Anti-Bat Harmonic Pattern Indicator automatically detects anti-bat patterns based on technical analysis and identifies potential price reversal areas based on Fibonacci ratios . Within the PRZ, this instrument provides suitable trading opportunities.