Anti Cypher Harmonic Pattern Indicator MT5 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 , identifies specific relationships within the structure of XA, AB, BC and CD waves .

This trading tool is specifically designed to detect harmonic patterns and look for frequently occurring points hidden from a trader's perspective. On the chart, the indicator displays the bullish pattern in pink and the bearish pattern in dark blue ; therefore, the differences and trend changes become easily recognizable.

Anti-crypto harmonic pattern indicator specifications

The characteristics of the anti-crypto harmonic reversal pattern indicator are shown in the table below:

Anti-Crypto Harmonic Pattern Indicator Overview

The anti-crypto harmonic pattern indicator can detect fake breakouts and misleading market moves.

Many conventional harmonic patterns will fail when faced with unrealistic market moves ; however, this indicator is specifically activated in such situations and provides the opportunity to identify moves that go against the rules of the current market trend .

bullish trend conditions

On the 30 minute chart of Ethereum (ETH) , after completing the bullish pattern and reaching point “D”, the market has initiated a significant upward move.

This reversal indicates market strength returning to the "D" reversal area and confirms the bullish Anti Cypher signal .

Bearish trend conditions

According to the 30-minute EUR/USD chart, the Anti-Crypto Harmonic Pattern Indicator uses blue lines to show a bearish structure.

According to this pattern, upon completion the price reaches point "D", the previous upward move ends, and the market enters a downtrend .

Anti-crypto harmonic reversal mode indicator setting

The items that can be adjusted in the Anti Cypher Harmonic Pattern Indicator settings are as follows:

• Minimum Wave Length (Candles): Minimum number of candles to form each wave
• Number of previous candles: Number of previous candles used for wave identification
• Show Lines: Display pattern lines
• Break Pivot: Show or hide dashed lines on the chart
• Original Pivot to Broken Pivot (Pipette): Allowed distance between main pivot and broken 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
• 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
• Custom text color: color of text and labels

Conclusion

The Anti-Crypto Harmonic Pattern Indicator is a harmonic reversal pattern that shows market reversal points and false breakouts. Additionally, this indicator offers a flexible settings panel allowing customization of elements.

This tool is multi timeframe and compatible with all trading strategies , including scalping , long term trading , and more.