Swan Harmonic Pattern Indicator Download for MT5 – Free

On July 1, 2025, in version 2, the indicator added alerts/notifications and signals functionality

The Swan Harmonic Pattern Indicator shows reversal patterns in bullish and bearish directions.

This MT5 Harmonic Pattern Indicator effectively identifies price reversal points that forecasts potential future trends in the forex market . One of the outstanding features of the Swan Harmonic Pattern Indicator is its ability to visualize two different pattern types the Black Swan and the White Swan .

First, set the pip value "Original Pivot to Corrupted Pivot" field using the indicator according to your symbol.

Swan Harmonic Mode Indicator Specification Sheet

The specifications of the Swan Harmonic Mode indicator are shown in the table below.

Swan Harmonic Patterns at a Glance

The Swan Harmonic pattern consists of five points (X, A, B, C, D) and is used to identify reversal points in highly volatile markets. In MetaTrader 5 , the indicator shows the bullish swan pattern in pink and the bearish swan pattern in blue .

Bullish Swan Harmonic Pattern

The bullish swan pattern is based on the AUD/NZD pair in a one-hour timeframe . In this case, point "D" acts as the reversal point , providing a good opportunity to Buy entries . The reversed version of this pattern is called White Bullish Swan .

Bearish Swan Harmonic Pattern

The chart analysis below shows that the Swan Harmonic Pattern Indicator shows the Black Bear Swan pattern . As shown in the figure, after the formation point "D," the price reversed, indicating a Sell opportunity . The inverse version of this harmonic pattern is known as the White Bearish Swan .

Swan Harmonic Mode Indicator Settings

The image below shows the customizable settings of the Swan Harmonic Pattern indicator:

• Minimum Wavelength (Candles): Defines the minimum wavelength of candles used for pattern recognition
• Number of previous candles: Number of previous candles used to detect harmonic patterns
• Show Lines: Enable pattern line visualization
• Break Pivot: activates the switch from the original pivot point to the broken pivot point
• Original Pivot to Broken Pivot (Pipette): Sets the point distance between the original pivot and the broken pivot
• Shift: Shifts chart data
• Bullish Pattern: Toggle showing bullish pattern
• Bearish Pattern: Toggle display of bearish pattern
• Custom Color Line (Bearish Harmonic): Set the color of bearish patterns
• Custom Color Line (Bullish Harmonic): Set the color of bullish patterns
• Custom text color: Set label text color

Conclusion

The Swan Harmonic Pattern Indicator is a tool for identifying inverted harmonic patterns . It visually presents black and white swan patterns. The trading tool settings allow users to customize internal calculations and pattern colors .

The Swan Harmonic pattern supports multi-time frame analysis and is suitable for all market conditions .