Anti Butterfly Harmonic Pattern Indicator MT4 Download- [TFlab]

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

The Anti-Butterfly Harmonic Pattern Indicator accurately identifies key points X, A, B, C, and D , automatically plotting the structure on the harmonic pattern diagram.

The Anti-Butterfly Harmonic Pattern Indicator highlights red bullish patterns and blue bearish patterns across different market trends.

Anti-butterfly harmonic specification table

The following table lists the key features of this Anti-Butterfly Harmonic Mode Indicator :

Indicator Overview

The Anti-Butterfly Harmonic Pattern Indicator consists of four primary waves: XA , AB , BC , and CD . It is crucial to accurately detect the Fibonacci ratios of each wave. The structural characteristics of harmonic pattern waves are as follows:

• XA wave: initial price change;
• AB wave: Retracement of XA wave from 38.2% to 61.8%;
• BC wave: retracement of AB wave from 38.2% to 88.6%;
• CD wave: An extension of the XA wave, usually exceeding 127.2% and may reach 161.8% or higher.

The main difference between the Anti-Butterfly Harmonic Pattern and the classic Butterfly Pattern is the length of the CD wave and the associated Fibonacci ratios, shown visually on the chart.

Uptrend Conditions

The chart below shows the SOL/USD (Solana) pair in the 1-hour timeframe . The indicator detects a bearish reverse butterfly pattern , identifies point D as the Potential Reversal Zone (PRZ) , and generates a buy signal.

downtrend conditions

The chart below shows the GBP/USD pair in a 30-minute timeframe . In this case, the indicator identifies the Anti-Butterfly Harmonic Pattern market top forming, with point D signaling the entry into sell positions.

Indicator Settings

The image below shows the Settings panel Anti-Butterfly Harmonic Mode indicator :

• Minimum Wavelength (Candles): Minimum wavelength (measured in candles)
• Previous Candle: The number of previously analyzed candles
• Show Lines: Display pattern lines
• BreakPivot: Display Break pivot
• Original Pivot to Damaged Pivot (Pipette): Distance from original pivot to damaged pivot
• Shift: horizontal movement amount
• Bullish Pattern: Shows a bullish pattern
• Bearish Pattern: Shows a bearish pattern
• Style Of Line: Line style
• Width Of Line: Line thickness
• Custom Color Lines (Bearish Harmonic): Custom color for Bearish Harmonic pattern lines
• Custom Color Lines (Bullish Harmonic): Custom color for Bullish Harmonic pattern lines
• Custom text color: The text color of the annotation

Conclusion

The Anti-Butterfly Harmonic Pattern Indicator is valuable for identifying harmonic patterns and price reversal points in financial markets, such as cryptocurrencies , Forex , and commodities.

This indicator accurately identifies entry and exit points by utilizing Fibonacci ratios and unique geometry.