Navarro 200 Harmonic Pattern Indicator MT4 Download - Free - [TFlab] - MetaTrader 4 Resources

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

The Navarro 200 Harmonic Pattern Indicator identifies the five-point XABCD pattern, where Fibonacci ratios are analyzed between the different legs, such as (CD, BC, and AB).

This trading tool main focus is on precise Fibonacci ratios and determining Potential Reversal Zones (PRZ) making entry and exit points easier to find.

In this indicator, bullish patterns are drawn in pink , while bearish patterns are depicted in dark blue .

Specification Sheet for Navarro 200 Harmonic Mode Indicator

The technical characteristics of the Navarro 200 harmonic mode indicator are as follows:

Navarro 200 Harmonic Reversal Pattern Indicator Overview

In the Navarro 200 Harmonic Pattern Indicator, patterns are recognized as valid harmonic formations only when the Fibonacci ratios exactly meet predefined criteria.

Fibonacci ratios include:

• AB to XA ratio: between 0.382 and 0.618
• BC to AB ratio: between 0.382 and 0.886
• CD to BC ratio: between 1.618 and 2.618
• CD to XA (overall ratio): Typically 0.786, 1.272 or 1.618 depending on pattern type

Bullish Navarro 200 Pattern Performance

Three instances of the bullish Navarro 200 harmonic pattern can be seen in Ethereum (ETH) on the 1 hour basis based on the analysis below.

In each case, the market reverses upward pattern after completion at point "D".

Bearish Navarro 200 Pattern Performance

According to the USD/CAD currency pair analysis, the bearish Navarro 200 pattern appears with a "W" and is drawn in dark blue . The pattern completes at point "D", marking it as a suitable entry point for short trades .

Navarro 200 Harmonic Mode Indicator Settings

Adjustable parameters in the Navarro 200 Harmonic Mode Indicator include:

• Minimum Wave Length (Candles): The minimum number of candles required to form each wave
• Number of previous candles: Analyze historical candle numbers to detect wave structures
• Show Lines: enable/disable pattern lines
• Break Pivot: Toggle display of break pivot lines
• 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: Enables the display of bullish patterns
• Bearish Pattern: Enables the display of bearish patterns
• Style of Line: Type of line connecting pattern points
• Width of Line: Pattern line thickness
• Custom Color Lines (Bearish Harmonic): Select the color of the bearish pattern lines
• Custom Color Lines (Bullish Harmonics): Select the color of the bullish pattern lines
• Custom text colors: text and label colors

Conclusion

The Navarro 200 Harmonic Pattern Indicator identifies potential reversal areas by forming bullish and bearish Navarro 200 patterns. With this tool , traders can spot the best entry points and make their exit decisions more confident.

This trading tool works on a variety of markets, including cryptocurrencies , stocks, forex , and commodities .