【MT4】Constantly monitor 27 currency pairs! A multifunction cockpit that tows the line with the geometry of waves, comprehensive review of 'MT4_Dashboard_Harmonics_v9'
In FX market analysis, the “harmonic pattern” is known for its high reversal advantage.
However, when you actually try to incorporate it into trading, you often face the following hurdles.
“It's difficult to open multiple currency pairs and measure Fibonacci ratios one by one.”
“I found it, but I already missed the entry timing at the reversal.”
“Manual money management (lot calculation) and stop loss take profit settings are prone to order mistakes.”
To address these issues, the MT4_Dashboard_Harmonics_v9 was developed.
Not merely a pattern-detection indicator,it is a true “dispersion-trading cockpit EA” that completes, in one screen, up to 27 currency pairs scanning, visual preview orders, ATR-linked profit/loss settings, value-based settlements, and trailing stops.
1. Main features of 『MT4_Dashboard_Harmonics_v9』
① Real-time monitoring of up to 27 currency pairs (multi-symbol scanner)
On the dashboard, monitored currency pairs are listed, and when a pattern is detected, the “pattern name” and the direction (UP/DN) light up immediately. You can switch to the corresponding chart instantly by clicking the symbol button.
② Automatic drawing of the four major harmonic patterns
Using a ZigZag base to detect five points X・A・B・C・D and automatically calculate Fibonacci ratios.
| Pattern | Characteristics and reversal targets (D point) | Entry targets |
| Gartley | Most basic form. B retraces about 61.8% of XA; D retraces about 78.6% of XA | Targets for balanced reversals |
| Bat | B retracement shallow (38.2–50%), D reaches deep (88.6% of XA) | Trade from deep pullback/retracement with high R:R |
| Butterfly | D extends beyond starting point X (127.2% of XA) | Aim for trend reversal points (tops/bottoms) |
| Crab | D extends most sharply (161.8% of XA) strong reversal pattern | Aim for rapid reversal from extreme overextension |
Bullish:Green draws an “M” shape
Bearish:Red draws a “W” shape
③ Donchian Channel Filter to reduce false signals
Even when the harmonic reversal zone (PRZ) is reached, there is a risk that the market will break through. This tool has a Donchian Channel Filter (DC Filter) that waits to display “Wait DC” until the fact of breaking the high/low over a certain period is confirmed, preventing unnecessary counter-trend entries.
④ Trade preview system to prevent mistakes
Instead of instantly filling market orders when you press BUY/SELL, three lines indicating entry (yellow), SL (red), and TP (green) along with the lot size are displayed on the chart. You can visually confirm the risk-reward and then press CONFIRM to place the order, preventing hasty mis-orders.
⑤ Comprehensive funds management and settlement assistance
MM RISK (Money Management):Auto-calculates lot size from acceptable loss (% of account balance) and SL width
ATR-linked SL/TP:Dynamically sets profit-taking and stop loss widths according to market volatility
Auto exit:Move to break-even, trailing stops, and daily/weekly batch settlements
2. Practical trading steps
This is the standard trading flow using this tool.
Signal check:Click the currency pair (UP/DN) with detected pattern in the left panel to display its chart.
Filter check:When the Donchian filter is enabled, verify that conditions are met on the confirmation candle (while waiting, it shows “Wait DC”).
Order mode selection:Choose one of “MKT (market)”, “STOP (stop order)”, or “LIMIT (limit order)” from the bottom panel.
Preview activation:Click “BUY” or “SELL”. The chart displays entry, SL, and TP lines.
Order confirmation:Check risk-reward and lot size, then click “CONFIRM” (to cancel, use “CANCEL”).
Position management:After entry, depending on settings, break-even move and trailing stops automatically adjust.
3. Traders well-suited for this tool
Those who want to monitor multiple currency pairs and efficiently identify high-precision reversal points
Those who want to be freed from manual Fibonacci ratio measurements
Those who want to maintain consistent money management (risk% calculation) without being swayed by emotions
Discretionary traders who want to reduce chart time and semi-automate exit timing
4. Product specifications
Product name:MT4_Dashboard_Harmonics_v9
Developer:Complex numbers
Type:MetaTrader 4 (MT4) Expert Advisor (EA)
※It is not automatic trading; it is provided as an EA to assist discretion and manage orders (check “Allow automated trading” and “Allow DLL imports” to enable).
Product page URL:
https://www.gogojungle.co.jp/tools/indicators/82684