Open Harmonics · Pattern guide
Cypher
C overshoots A, reaching 127.2–141.4% of XA measured from X, and D retraces about 78.6% of the X-to-C distance.
Idealised bullish shape. The strategy only trades bullish patterns.
The rule, exactly as coded
From classifyStrictSymmetrical in harmonic_master_ledger_quant.pine (commit adaa8cb). Ratios are distances between points; "≈" means within ±6% of the value. Patterns are checked in order and the first match wins (this is #6).
AB/XA between 0.382 and 0.618(line 424)XC/XA between 1.272 and 1.414(line 424)CD/XC ≈ 0.786(line 424)- C beyond A (line 423)
How it exits
D completes above X, so the stop sits 1% under X: a relatively wide stop. Half the position takes profit at 1.5R, the stop on the rest moves to entry, and it runs to 2R (3R if D sits on the monthly Camarilla S3). How the exits work, and what we tested →
Results by timeframe
Every Cypher the script found across about 500 stocks, no hand-picking and no filters. R is the gain or loss as a multiple of the amount risked; a setup is two equal halves, so its outcome is −1, +0.75, +1.75 or +2.25. The 95% range is clustered by instrument.
| Timeframe | Setups | Share of TF | Win rate | Mean R (95% range) | Profit factor | −1 / +0.75 / +1.75 / +2.25 |
|---|---|---|---|---|---|---|
| 15-minute | 830 | 5.0% | 41.9% | +0.09 (+0.00 to +0.17) | 1.15 | 475 / 59 / 280 / 5 |
| 1-hour | 694 | 5.3% | 48.6% | +0.25 (+0.15 to +0.34) | 1.49 | 346 / 73 / 254 / 8 |
| 4-hour | 222 | 5.6% | 42.3% | +0.08 (-0.08 to +0.26) | 1.15 | 126 / 23 / 65 / 6 |
| Daily | 113 | 5.4% | 54.9% | +0.39 (+0.15 to +0.64) | 1.89 | 49 / 15 / 46 / 0 |
Year by year (mean R)
| Year | 15-minute | 1-hour | 4-hour | Daily |
|---|---|---|---|---|
| 2016 | — | +0.30 n=66 | +0.03 n=24 | +0.38 n=8 |
| 2017 | — | +0.50 n=62 | +0.94 n=21 | +0.57 n=14 |
| 2018 | — | -0.31 n=55 | +0.00 n=18 | -0.02 n=12 |
| 2019 | — | +0.59 n=76 | +0.33 n=21 | +0.79 n=12 |
| 2020 | — | +0.64 n=69 | +0.41 n=22 | +0.06 n=12 |
| 2021 | — | +0.15 n=67 | +0.30 n=20 | +0.11 n=11 |
| 2022 | — | +0.03 n=51 | -0.35 n=17 | -0.09 n=8 |
| 2023 | +0.06 n=95 | +0.17 n=56 | -0.61 n=16 | +0.69 n=13 |
| 2024 | +0.21 n=260 | +0.13 n=67 | -0.17 n=24 | +0.69 n=9 |
| 2025 | +0.06 n=246 | +0.11 n=78 | -0.02 n=28 | +0.45 n=10 |
| 2026 | -0.01 n=229 | +0.21 n=47 | -0.34 n=11 | +0.75 n=4 |
Backtests on today's Nasdaq-100 / S&P 500 members (survivorship bias), TradingView Strategy Tester, 0.01% commission, no slippage, all entry filters off. Education and research only — not financial advice.