Description
This is an expert adviser/robot that places orders based on harmonic & other price action patterns including Bat, Butterfly, Crab, Cypher, Gartley, and Shark patterns. Whenever a pattern is detected, the EA will place a buy or sell order according to the signal type. It also uses a proprietary smart averaging strategy with optional lot maximizing. The patterns are recognized via indicators that are provided with the EA. The EA has its own algorithm to filter out low probability trades.
Key Harmonic patterns used:
- Butterfly Pattern
- Bat Pattern
- Crab Pattern
- Shark Pattern
- Cypher Pattern
- Lobster Pattern
- Dragonfly Pattern
- Gartley Pattern
- Cypher Pattern
- Flying Fox Pattern
In addition the EA can trade the following patterns:
- ABCD Patterns
- Head and Shoulder Patterns
- Pennants Patterns
Installation Steps
1. Go to MT4>Options>Expert Advisors and Allow automated trading
2. Place EA file in the Experts folder of your MT4
3. Place template file in the Templates folder of your MT4
4. Place indicator files in Indicators folder of your MT4 (do not place under subfolders)
5. Refresh/restart MT4
6. Open the charts you want and load the template to each of the charts.
7. Load the EA to each of the charts and change the lot size and other settings if necessary
EA Specs
| Product name | FRZ Harmonic Patterns EA |
| Platform Supported | MT4 |
| Time frames supported | 5 Minute Charts |
| Recommended pairs | Major currency pairs |
| Suitable market sessions | Works on any session but better on London/NY sessions |
| Recommended broker | Any broker with low spreads. |
| Minimum deposit, leverage and lot size | $500 Minimum on 500:1 leverage. Leverage higher the better. Recommended lot size: 0.01 per each $500 per pair. Cent accounts can also be used. FRZ Harmonic Patterns EA Robot |
| License | Single purchase includes a lifetime license for any two (02) trading account numbers (Two accounts can be either 02 real accounts or 01 demo & 01 real account). You can submit your trading account numbers after purchase. You can submit the two trading accounts numbers any time after the purchase. The trading account numbers can not be changed later. Additional licenses can be added at an additional fee. We do not offer refunds or returns. The full terms and conditions are given here. After the purchase, visit this page to submit your account numbers. Existing customers are entitled for free updates that can be requested here. (updates are free for the originally licensed account numbers only). Additional licenses can be purchased here. FRZ Harmonic Patterns EA Robot |
| Support | Free remote desktop support for first installation (please request here). General live chat, support ticket and email support are available thereafter. However if you need remote desktop support for any automation beyond this scope, you can hire one of our experts at an additional fee. FRZ Harmonic Patterns EA Robot |
| Current version | 5.0 |
Verified Live Results
Example Harmonic Patterns
Bullish Harmonic Pattern
Bearish Harmonic Pattern
Settings
A PDF user manual will be provided explaining above settings.
Back testing performance (Back testing might not produce accurate results without special preparations)
Please note that the past performance of any trading system is not necessarily indicative of future results. Full terms and conditions are given here
Israel Garbutt –
Thank you. so far so good
Ennio McEwan –
Probably the best harmonic EA. captures most of patterns. Will try this month
Nirav Spurling –
Not bad although it missed some good opportunities. still profitable and worth it
Jasen Roy –
Great product. Works like a charm
Edith Ryals –
So far so good. thanks for the setup support
Jorge Lytle –
The patterns can get repainted but still managed to make a profit.
Anil H –
Good robot.
Henney M. –
The new H1 version is a blast! Supper happy to have found this EA. This is probably the best price action pattern trading robot out there! Thank you for support in installation.
Harin L –
Getting over 75% win rate within last 2 weeks. Hope it will continue that way!