{{keywords>algorush,metatrader,harmonic,patterns,EA,expert,advisor}}
{{description>Trade harmonic patterns with the Harmonic Patterns Expert Advisor (EA) on MetaTrader 4 and 5. Optimize parameters and perform walk-forward analysis to achieve better trading results.}}

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metatag-og:title=(Harmonic Patterns Expert Advisor for MetaTrader 4 & 5 [Algo Rush User Guide])
metatag-og:description=(Trade harmonic patterns with the Harmonic Patterns Expert Advisor (EA) on MetaTrader 4 and 5. Optimize parameters and perform walk-forward analysis to achieve better trading results.)
metatag-og:url=(https://algorush.com/wiki/harmonic-patterns-expert-advisor)}}

===== Harmonic Patterns EA Configuration =====
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==== Algo Rush Account Email ====
The email address that the active Algo Rush subscription is under.
  * **Note:** The indicators and Expert Advisors will not initiate without an email address linked to an active subscription.\\
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==== Scaling Mode (Resolution & DPI) ====
Users with either resolutions above 1080p (1920x1080) or DPIs above 96 will need to adjust the scaling mode settings to an option above the default 100% value. Adjusting this will resolve any issues with displaying objects such as text, buttons and windows within active charts.
  * 100% or 96 DPI (default)
  * 125% or 120 DPI
  * 150% or 144 DPI
  * 175% or 168 DPI
  * 200% or 192 DPI
  * 225% or 216 DPI
  * 250% or 240 DPI\\
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==== EA Magic Number ====
This number must be unique for every EA loaded. If the users forgets to change this, there will be errors within the MetaTrader client.
  * **Note:** Any number such as 832855\\
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==== Max. # Open Baskets (3/Basket) ====
The maximum number of baskets (signals) that can be open at the same time. Within a basket each position is one of the 3 TP levels. If only two out of the three TP levels are being used, then the basket will consist of two positions that have the same entry and their own TP levels.
   * Default: 1\\
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==== Trade Direction ====
This number must be unique for every EA loaded. If the users forgets to change this, there will be errors within the MetaTrader client.
  * Long & Short (Default)
  * Long Only
  * Short Only
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==== Position Size Method ====
The method used to allocate the amount used for each lot size within one trading setup.
  * Dynamic Balance Risk (default)
  * Fixed\\
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==== Lot Size [1] (Fixed) ====
  * Default: 0.3\\
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==== Balance Risk % [1] (Dynamic) ====
  * Default: 3\\
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==== Lot Size [2] (Fixed) ====
  * Default: 0.2\\
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==== Balance Risk % [2] (Dynamic) ====
  * Default: 2\\
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==== Lot Size [3] (Fixed) ====
  * Default: 0.1\\
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==== Balance Risk % [3] (Dynamic) ====
  * Default: 1\\
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==== TP1 Factor ====
It's first multiplier with fibo range for determining First take profit level.
  * Default: 0.382\\
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==== TP2 Factor ====
It's second multiplier with fibo range for determining second take profit level.
  * Default: 0.618\\
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==== TP3 Factor ====
It's third multiplier with fibo range for determining third take profit level.
  * Default: 0.886\\
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==== Stop Loss Distance (Pips) ==== 
You can increase SL level by increasing this value, it's simply just additional pips to stop loss fib level.
  * Default: 30\\
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==== Max. Spread (Points) ====
  * Default: 30
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==== Max. Slippage (Points) ====
  * Default: 3
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==== Use Trailing SL ====
Must be enabled for any of the trailing options to work.
  * Default: false\\
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==== Instant Trail ====
When enabled, the trailing will begin early when ATR is activated before price reaches even TP1.
  * Default: false\\
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==== Use ATR Trailing SL ====
When enabled, the trailing will begin when ATR is activated rather than after TP1 or TP2.
  * Default: false\\
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==== Fixed T. SL Trail (Pips) ====
The fixed trailing stop loss in pips that is activated at Level C (default level for level C is 0.66 on the trend fib).
  * Default: 0\\
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==== Trail BE Delta (Pips) ====
The trailing breakeven offset that could be added to account for fees when adjusting the breakeven in pips.
  * Default: 0\\
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==== ATR Period ====
  * Default: 14\\
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==== ATR Multiplier ====
  * Default: 1.5\\
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==== Modify SL/TP with Similar Signal ====
Leave enabled to have your position's take profit and stop loss updated when a new signal in the same direction is generated.
  * Default: true\\
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==== Exit/Delete on Opposite Signal ====
Leave enabled to have your long sell when a short signal confirms and vice versa.
  * Default: true\\
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==== Notify Profit ====
  * Default: true\\
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==== Notify Magic Number ====
  * Default: true\\
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==== Show Close All Button ====
Strongly recommended to have enabled.
  * Default: true\\
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==== Info Panel Pixel Shift ====
For resolutions higher than 1080p such as 2k, 4k, etc: 5-20.
  * Default: 0\\
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==== Use Trading Time Modifiers ====
  * Default: true\\
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==== GMT Open Hour  ====
  * Default: 0\\
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==== GMT Open Minute  ====
  * Default: 1\\
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==== GMT Close Hour  ====
  * Default: 23\\
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==== GMT Close Minute  ====
  * Default: 59\\
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==== GMT Close Minute (Friday)  ====
Used when "Weekend Close Out" is enabled.
  * Default: 57\\
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==== Weekend Close Out ====
The position will close out before going into the weekend. Disable this option to have keep your position in an active during weekend closes.
  * Default: false\\
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==== Weekend Close Shift (Hours) ====
If "Weekend Close Out" is enabled, the position will close out starting from the minutes defined for the Friday (weekend) close minutes. To set the offset to one hour or more before, increase this value (defined in hours).
  * Default: 3\\
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