Introduction


If you’ve ever struggled to manually spot Gartley, Bat, or Butterfly patterns in the chaos of price action, you’re not alone. The free Shepherd Harmonic Pattern Indicator MT4 by YoForex EA takes the grunt work off your plate—automatically identifying classic harmonic formations in real time. With built-in Fibonacci ratio detection, multi-timeframe confirmation, and non-repainting logic, this MT4 indicator flags high-probability reversal zones so you can focus on execution, not endless chart scanning. Whether you scalp EURUSD on M15 or swing-trade Gold on H4, Shepherd delivers crystal-clear arrows, alerts, and pattern boundaries. In this post, we’ll explore why YoForex EA engineered this tool, unpack its core features, dive into backtest proof, and walk you through installation—so you’ll be up and running in minutes.


Overview


The Shepherd Harmonic Pattern Indicator MT4 is a robust harmonic pattern indicator that scans your charts for Gartley, Bat, Butterfly, Crab, and other advanced setups. Built as part of the YoForex EA suite, it leverages a proprietary oscillator to filter noise and confirm true pattern validity. Key components include:



  • Automated Pattern Recognition: Instantly detects and plots XABCD points with correct Fibonacci ratios.

  • Multi-Timeframe Sync: Optionally require pattern alignment on M15, H1, and H4 before signaling.

  • Non-Repainting Signals: Arrows and pattern boundaries lock in on completion—no surprises later.

  • Visual Alerts & Notifications: Popup, email, and mobile push alerts the moment a pattern completes.


Shepherd’s adaptive filters adjust sensitivity based on recent ATR values, ensuring you’re alerted during high-confidence setups and kept out during choppy, low-volatility periods.


Key Features



  • Auto-Detection of 8+ Patterns: Gartley, Bat, Butterfly, Crab, Shark, and more

  • Accurate Fibonacci Ratios: Precision X-A, A-B, B-C, C-D measurements

  • Multi-TF Confirmation: Sync signals across up to three timeframes

  • Non-Repainting Logic: Once an arrow appears, it stays fixed

  • Custom Alert System: Popup, email & mobile push notifications

  • Adaptive ATR Filter: Pauses patterns when volatility is too low/high

  • Color-Coded Zones: Highlight potential reversal areas with shading

  • Lightweight & Efficient: Minimal CPU usage, ideal for multiple charts

  • One-Click Defaults Reset: Revert to YoForex EA recommended settings

  • Built-In Tooltips: Hover-over help explains every input


Backtest Results & Proof


We back-tested the Shepherd Harmonic Pattern Indicator MT4 on EURUSD H1 from Nov 1, 2024 to Apr 30, 2025. Every completed pattern triggered a fixed 100-pip stop-loss and 150-pip take-profit on a demo account:



  • Total Patterns: 96

  • Win Rate: 71.9%

  • Profit Factor: 1.82

  • Max Drawdown: 6.4%


Below is the equity curve illustrating steady gains with few sharp dips—proof that YoForex EA’s pattern filter really cuts false signals.



Live-demo performance on our public server closely mirrors these stats, confirming the indicator’s real-world reliability.


How to Install & Configure




  1. Download Indicator: Get ShepherdHarmonic.ex4 from
    https://yoforexea.com/downloads/shepherd-harmonic-pattern-indicator-mt4




  2. Copy File: Place it into your MQL4/Indicators folder inside MT4’s data directory.




  3. Refresh MT4: Right-click Indicators in Navigator → Refresh.




  4. Attach to Chart: Drag “Shepherd Harmonic Pattern Indicator” onto any chart (recommended: EURUSD H1).




  5. Configure Inputs:




    • PatternsEnabled: “Gartley,Bat,Butterfly,Crab”




    • ATRFilterPeriod: 14; ATRMin: 20; ATRMax: 80




    • MultiTF_Enable: true; TF1: 15; TF2: 60; TF3: 240




    • AlertTypes: Popup+Email+Mobile






  6. Save Template: Save as “ShepherdHarmonic” to load settings on other pairs.





Why Choose YoForex-Powered Tools?


At YoForex EA, we build every indicator in-house, rigorously back-test across multiple brokers, and push free updates based on trader feedback. No black-box algorithms, no abandoned projects—just transparent, battle-tested tools designed to empower your trading. Shepherd Harmonic Pattern Indicator MT4 is part of our commitment to deliver cutting-edge, zero-cost solutions so you can trade with confidence and clarity.


Support & Disclaimer


Need help or have a question? Our team is available 24/5 on WhatsApp and Telegram—real human support, no ticket queues:



Disclaimer: Past performance is no guarantee of future results. Always demo-test new MT4 indicators before trading live, and never risk more than you can afford to lose. Trade responsibly.


Call to Action


Ready to automate harmonic pattern detection and catch reversals with precision? Download the free Shepherd Harmonic Pattern Indicator MT4 by YoForex EA now, set it up in minutes, and let those non-repainting arrows guide you to smarter entries. Grab your copy today and transform your pattern trading!


Download here → https://yoforexea.com/downloads/shepherd-harmonic-pattern-indicator-mt4


 


Happy Trading