Anti Shark Harmonic Pattern Indicator MT5 Download – Free – [TFLab] – MetaTrader 5 Resource

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

The Anti-Shark Harmonic Pattern Indicator on the MetaTrader 5 platform is designed to identify potential “PRZ” (Potential Reversal Zone) points in strongly trending markets.

This trading tool is based on harmonic patterns , and with the help of specific Fibonacci ratios , it draws bullish and bearish reverse shark patterns.

In the Anti-Shark Harmonic Pattern Indicator , bullish patterns are shown in pink and bearish patterns are shown in dark blue .

Anti-Shark Harmonic Mode Indicator Specification Sheet

The following table describes the specifications of the Anti-Shark Harmonic Mode Indicator :

Anti-Shark Harmonic Mode Indicator Overview

The ratio used in the Fibonacci Anti Shark pattern , especially at points C and D , is similar to the classic shark pattern . For example, in this pattern, the AB ratio is usually less than 1 , and the BC ratio is often greater than 1.618. In contrast , these ratios are generally opposite to the classic shark pattern.

Bullish Anti-Shark Pattern

According to the EUR/USD 4-hour chart, the Anti-Shark Harmonic pattern completed at point "D."

As shown in the figure, point "D" is identified as the PRZ area and acts as a reversal zone. Price movement from this level has taken an upward trend.

Bearish Anti-Shark Pattern

According to the XAG/USD (Silver/USD) 1 hour chart , when the bearish inverse shark pattern completes at point “D”, price reversal occurs.

In this case, point “D” acts as a significant reversal zone and is a possible zone for the beginning of a bearish price movement .

Anti-Shark Harmonic Mode Indicator Settings

The image below shows the settings section of the Anti-Shark Harmonic Pattern indicator in MetaTrader 5:

• 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
• 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 pattern displayed by the anti-shark harmonic pattern indicator indicates the end of the current trend and the beginning of a new trend.

Point "D" is the completion point of the pattern and serves as the PRZ (Potential Reversal Zone), which is a suitable area for entering or exiting trades.

This indicator can be used in all types of markets , including cryptocurrencies , forex , stocks , and commodities .