Anti Shark Harmonic Pattern Indicator MT4 Download – Free – [TFLab]

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

The Anti-Shark Harmonic Pattern Indicator on MetaTrader 4 effectively detects sharp changes and price reversals in strong trending markets. This trading tool identifies underlying trend reversal zones and provides a precise view of market sentiment .

The anti-shark harmonic pattern indicator is based on the harmonic pattern principle. It draws bullish patterns in pink and bearish patterns in dark blue .

Anti-Shark Harmonic Mode Indicator Specification Sheet

The following table shows the characteristics of the anti-shark harmonic mode indicators:

Anti-Shark Harmonic Mode Indicator Overview

The ratios used in the Fibonacci Anti-Shark pattern, especially at points C and D , are significantly different from the classic Shark pattern. For example, the AB ratio is typically less than 1 , and the BC ratio is greater than 1.618 ; this is consistent with the classic shark pattern .

Bullish Anti-Shark Pattern

According to the Dogecoin (DOGE) one-hour chart, the Anti-Shark Harmonic pattern completes at point "D." As shown, point "D" tees off as the PRZ, a potential reversal zone; from this zone, an uptrend begins.

Bearish Anti-Shark Pattern

According to the GBP/USD 30-minute chart analysis the bearish Anti Shark pattern completed at point "D," where price reversed direction. View "D" is a suitable region to start selling in this case.

Anti-shark harmonic mode indicator settings

The image below shows the settings section of the anti-shark harmonic mode indicator:

• Minimum Wave Length (Candles): Minimum number of candles to form each wave
• Number of last candles: Number of past 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 original pivot and damaged pivot
• Shift: Move pattern lines forward or backward on the chart
• Bullish Pattern: Shows Bullish Inverse Shark Pattern
• Bearish Pattern: Shows Bearish Anti-Shark Pattern
• Style of Line: connecting lines between pattern points
• Width of Line: Thickness of the pattern line
• Custom Color Lines (Bearish Harmonic): Select the color of the bearish pattern
• Custom Color Lines (Bullish Harmonic): Choose the color for bullish patterns
• Custom text color: Set the color of labels and text

Conclusion

The Anti-Shark Harmonic Pattern Indicator helps identify potential entry and exit points by displaying bullish and bearish anti-shark patterns .

This tool also offers various settings, such as changing pattern colors and, for different trading strategies , calculations based on candle counts, and is compatible with all of them .