WY Harmonic Searcher I MT4

Assistant indicator. Multiple Instruments. Multiple Timeframes. Multiple digits. Detects harmonics with the varied damping ratio "d". It uses the mean absolute deviation method for searching. It has multiple configurable parameters. Simple and convenient tool. It is a lite version of the product WY Pattern Searcher P6 I MT4.

Expert - version

The indicator parameters

Main:

• Show Basic Spline - display the main spline
• Show Help Spline - display the auxiliary spline
• Show Spline Labels - display the spline names (configured below)
• Use Following Spline - enable the following mode (pattern are drawn as they form)
• Play Warn. Sound On Detect - play a sound signal when a pattern is found
• Play Warn. Sound On Following - play a sound signal when the current pattern is completely drawn
• Play Warn. Sound On Following Break - play a sound signal when the current pattern changes
• Clean Old Splines - removes all the pattern from the chart except the last 'Splines In Memory'
• Splines In Memory - leave the last pattern on the chart
• Font Size - font size of the splines
• Font Y Coordinate Accumulation - Y offset of the text relative to the anchor point
• Font X Coordinate Accumulation - X offset of the text relative to the anchor point

Enable/disable searching for certain types of harmonics:

• Searching HARMonIC(a) - search for harmonic oscillations with a continuation as a horizontal line from the last wave
• Searching HARMonIC(b) - search for harmonic oscillations

Parameters of a single harmonic type with the name "Har. Name":

• "Har. Name" Label - name of the pattern
• "Har. Name" Label Color - color of the name text
• "Har. Name" Main Spline Color - color of the main spline
• "Har. Name" Help Spline Color - color of the auxiliary spline
• "Har. Name" Help Dot Color - color of the auxiliary dashed line
• "Har. Name" Help Spline Y - the offset of the auxiliary spline from the top in points
• "Har. Name" Min Points Size - the minimum value of the spline on the Y axis in points
• "Har. Name" Max Points Size - the maximum value of the spline on the Y axis in points
• "Har. Name" Min Bougie Size - the minimum value of the spline on the X axis in candles
• "Har. Name" Max Bougie Size - the maximum value of the spline on the X axis in candles
• "Har. Name" Decrement Variation - split the interval of searching for the damping ratio (2 - no damping)
• "Har. Name" Relative Lengthening Left - extend the initial spline to the left (1.0 - extend by 2 times)
• "Har. Name" Relative Lengthening Right - extend the initial spline to the right (1.0 - extend by 2 times)
• "Har. Name" Average Deviation Of Peaks - relative average deviation of the peaks (High and Low)
• "Har. Name" Maximum Deviation Of Peaks - relative maximum deviation of the peaks (High and Low)
• "Har. Name" Average Deviation Of Medians - relative maximum deviation of medians