AB=CD Harmonic Pattern Indicator in MetaTrader 4 - Free | Forex Indicator Download - MT4/MT5 Resources

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

The AB=CD Harmonic indicator in the MetaTrader 4 platform is designed as a tool for identifying harmonic patterns .

The indicator plots the AB=CD pattern specifying four major points A, B, C and D on the chart and displays the Price Reversal Zone (PRZ).

Using this tool, traders can better identify opportunities to enter or exit trades at key market points, technical analysis .

AB=CD harmonic form index table

General Specifications AB=CD Harmonic Mode Indicators are listed in the section below.

Indicators at a glance

The AB=CD harmonic indicator plots price patterns on the chart by identifying and connecting points A, B, C and D. This specialized tool enables traders to identify Price Reversal Zones (PRZs) and identify suitable trade entry points.

By using this indicator, traders can conduct more professional analysis and develop trading strategies based on valid data and harmonic patterns .

Bullish Pattern

A bullish AB=CD harmonic pattern has been identified on the 30-minute chart of the GBPJPY currency pair.

Traders who want to identify this type of harmonic pattern can identify the price structure on the chart using the AB=CD harmonic pattern indicator .

Consider point D, known as the Potential Price Reversal Zone (PRZ) , where a suitable opportunity to enter a buy position arises. This tool enables analysts to make smarter, more professional decisions in the market.

Bearish Pattern

On the 30 minute chart of the USDJPY currency pair, the AB=CD Harmonic Pattern indicator has identified and plotted a bearish AB=CD pattern on the chart.

Traders looking to identify such bearish patterns can use this specialized indicator to identify suitable selling entry points and initiate sell positions at the appropriate time.

AB=CD Harmonic Mode Indicator Settings

Set to AB=CD The harmonic mode indicator is provided in the following section.

• Minimum length of wave (candles): Determines the minimum length of the wave (expressed in number of candles);
• Number of previous candles: Determine the number of previous candles to check the market;
• Show Lines: determine whether to display pattern lines;
• Break Pivot: Decide whether to check for pivot break;
• Original Pivot to Broken Pivot (Pipette): Determines the distance (in pipette units) between the original pivot and the damaged pivot;
• Shift: determines the horizontal shift of the line;
• Bullish Pattern : Determines whether a bullish pattern is displayed;
• Bearish Pattern: Determines whether a bearish pattern is displayed;
• Style Of Line: Determine the line type;
• Width Of Line: Determine the width of the line;
• Custom Color Lines (Bearish Harmonic): Determines the color of the bearish harmonic pattern lines;
• Custom Color Line (Bullish Harmonic): Determines the color of the bullish harmonic pattern line;
• Custom text color: Determine the color of the descriptive text on the chart.

Summary

The AB=CD harmonic pattern indicator is one of the advanced trading strategies in the Forex market . By identifying the AB=CD pattern , it enables traders to better understand market trends and price movements.

The tool identifies four key points (A, B, C, D) known as the Price Reversal Zone (PRZ) , where the probability of a price trend change increases. By using this indicator, traders can enter buy or sell positions with lower risk and higher probability of success.