Gartley Harmonic Pattern MT5 Indicator - Free Download | Forex Indicator Download - MetaTrader 5 Resource

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

The Gartley Harmonic Patterns Indicator is one of the Harmonic Patterns indicator for MetaTrader 5 designed for traders seeking to analyze harmonic patterns and predict price reversals .

This indicator identifies specific Gartley structures based on Fibonacci ratios and key market points , allowing traders to detect potential reversal zones and optimize their trading strategies . Its high flexibility makes it suitable for both beginners and professional traders in markets like Forex and stocks .

Gartley harmonic form indicator table

Below are the general specifications of this indicator.

Indicators at a glance

The Gartley Indicator is a powerful tool for traders designed to quickly identify harmonic patterns and capitalize on market opportunities . By automating the analysis of price structures and integrating Fibonacci ratios , it highlights entry and exit points in detecting harmonic patterns.

The tool works across all markets , including Forex and stock markets . Its ability to detect Gartley harmonic patterns accelerates decision-making , making it ideal for traders.

Bullish Gartley Harmonic Pattern

In the GBP/JPY 30 minute chart , a Bullish Gartley Harmonic pattern has been identified and marked as lines on the chart.

Traders can use this indicator to discover Gartley patterns and execute buy trades based on their trading strategy . This indicator simplifies pattern recognition by drawing five key points , enabling precise analysis and effective market entry.

Bearish Gartley Harmonic Pattern

In the EUR/USD 1 hour chart , price entered a downtrend after forming a Gartley Harmonic pattern .

Traders can use the Gartley Harmonic Pattern indicator to identify bearish patterns and perform advanced technical analysis . This tool allows them to identify patterns and execute sell trades , maximizing market opportunities.

Gartley Harmonic Form Indicator Settings

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

• Minimum Wavelength (Candle): Set the minimum wavelength of the candle.
• Number of previous candles: Select the number of historical candles.
• Show Lines: Turn on/off pattern lines.
• Break Pivot: Turn pivot break alert on/off.
• Raw Pivot to Broken Pivot (Pipette): Sets the pivot breakout threshold.
• Shift: Adjust the translation value.
• Bullish Pattern: Toggles bullish pattern display.
• Bearish Pattern: Toggles bearish pattern display.
• Style Of Line: Select a line drawing style.
• Width Of Line: Adjust line thickness.
• Custom Color Lines (Bearish Harmonic): Set the bearish pattern color.
• Custom Color Lines (Bullish Harmonic): Set the bullish pattern color.
• Custom text color: Set text color.

Conclusion

The Gartley Harmonic Pattern Indicator is one of the classic chart indicators for MetaTrader 5 , designed for traders to analyze market reversals using harmonic patterns .

By combining Fibonacci ratios with the Gartley structure , it provides high accuracy in predicting price movements . After traders confirm, they can trade with confidence fifth point of the pattern in trading strategies and leverage market opportunities.