Gartley Harmonic Pattern MT4 Indicator - Free Download | Forex Indicator Download - MetaTrader 4 Resources

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

The Gartley Harmonic Pattern Indicator is one of the harmonic pattern indicators in MetaTrader 4, designed to detect harmonic price patterns and market reversal points.

This indicator utilizes Fibonacci ratios along with the defined Gartley structure to help traders predict trend changes and determine the best entry and exit points.

The Gartley pattern is one of the most popular harmonic patterns and has attracted special attention from technical analysts due to its reliability and simplicity.

Gartley harmonic form indicator table

The following are the general specifications of the Gartley Harmonic Pattern Indicator.

Indicators at a glance

The Gartley Harmonic Pattern Indicator identifies key points and checks Fibonacci ratios to detect Gartley Harmonic patterns and display them on the chart. Once this reversal pattern is formed, traders can enter a buy or sell trading strategy depending on their situation and perform a more in-depth analysis of the chart. This tool is useful for predicting market changes and making effective trading decisions.

Bullish Gartley Harmonic Pattern

In the 15-minute GBP/USD chart , the bullish Gartley Harmonic pattern has been detected by the indicator which draws lines on the chart and marks key points.

Traders can use this indicator to identify bullish Gartley patterns and enter a buy trade after confirming the formation of the pattern. This tool provides traders with more accurate trading opportunities based on uptrends.

Bearish Gartley Harmonic Pattern

In the 1 hour EUR/USD chart , a Bearish Gartley Harmonic pattern has formed. Traders can use the Gartley Harmonic Pattern Indicator to detect this pattern and enter a sell trade upon confirmation of its formation.

Using its proprietary algorithm, this indicator identifies Gartley harmonic patterns and displays them on the chart by drawing precise lines, simplifying traders' analysis and decision-making.

Gartley Harmonic Form Indicator Settings

The following are relevant settings for the Gartley Harmonic Pattern Indicator :

• Minimum wavelength length (candles): Set the minimum wavelength based on candles.
• Number of previous candles: Set the number of past candles.
• Show Lines: Enable/disable display lines.
• Break Pivot: Enable/disable display pivot break.
• Original Pivot to Broken Pivot (Pipette): Sets the pivot from the original pivot to the broken pivot.
• Shift: adjust the amount of movement.
• Bullish Pattern: Enable/disable showing bullish pattern.
• Bearish Pattern: Enable/disable showing bearish patterns.
• Style of Line: Set the type of line drawing.
• Width of Line: Adjust line thickness.
• Custom Color Line (Bearish Harmonic): Set the color of the Bearish Harmonic pattern.
• Custom Color Lines (Bullish Harmonic): Set the color of the Bullish Harmonic pattern.
• Custom text color: Set text color.

Conclusion

The Gartley Harmonic Pattern Indicator is one of the classic charting indicators for MetaTrader 4 , ideal for traders looking for more precise market analysis of harmonic patterns .

This tool is designed to detect market reversal points by displaying the Gartley Harmonic pattern , allowing traders to reduce risk and increase their chances of success . This indicator improves the accuracy of forecasting and trade management .