Anti Cypher Harmonic Pattern Indicator MT4 Free Download

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

The Anti-Cypher Harmonic Pattern Indicator , unlike the classic "Cypher" pattern, looks for specific ratios of XA, AB, BC and CD waves . The design of this indicator is based on harmonic pattern concepts and identifies hidden trading structures.

This trading tool draws bullish pattern pink and the bearish pattern in dark blue on the chart.

Anti-crypto harmonic pattern indicator specifications

The characteristics of the anti-crypto harmonic reversal pattern indicator are as follows:

Anti-crypto harmonic pattern indicators at a glance

A key feature of this product's anti-crypto harmonic pattern indicator is its ability to identify fake breakouts or misleading market moves.

Many traditional harmonic patterns fail when they encounter unrealistic price breakouts ; however, it is in these areas that this indicator is activated and identifies contrarian opportunities against market expectations.

bullish trend conditions

On the Cardano (ADA) 30-minute chart, after completing the bullish pattern when price reaches a certain point "D," a strong upward trend has started.

This bullish movement reflects the market's positive reaction to the reversal zone at point "D," confirming the bullish anti-crypto harmonic pattern .

Bearish trend conditions

According to the EUR/USD hourly chart, the Anti-Crypto Harmonic Pattern Indicator marks a bearish pattern on blue lines .

Shown here is after the pattern is completed and price reaches point "D", the previous uptrend stops and the downward move begins .

Anti-crypto harmonic reversal mode indicator setting

The image below shows the settings for the anti-crypto harmonic mode indicator:

• Minimum Wave Length (Candles): Minimum number of candles to form each wave
• Number of previous candles: The number of previous candles used to identify the wave
• Show Lines: Show pattern lines
• Break Pivot: Show or hide dashed lines on the chart
• Original Pivot to Broken Pivot (Pipette): Allowed distance between original pivot and damaged pivot
• Shift: Move pattern lines forward or backward on the chart
• Bullish Pattern: Shows Bullish Anti-Crypto Pattern
• Bearish Pattern: Shows Bearish Anti-Crypto Pattern
• Style of Line: Type of line connecting pattern points
• Width of Line: Thickness of drawing pattern lines
• Custom Color Lines (Bearish Harmonic): Select the color of the bearish pattern lines
• Custom Color Lines (Bullish Harmonic): Select the color of the bullish pattern lines

Conclusion

The Anti-Crypto Harmonic Pattern Indicator detects reversal structures and misleading market breakouts. Displaying this pattern usually indicates a trend of changes in market direction and can help identify trading entry points .

The indicator can be used on all markets, including crypto currencies , forex , stocks , and commodities .