Five-O Breakout — MT5 Penta-O Harmonic + Donchian

Description

Five-O Breakout scans price for the Penta-O harmonic reversal — six alternating swings labelled O-X-A-B-C-D whose consecutive leg ratios (XB, AC, BD) fall inside configurable Fibonacci-style bounds. The forming pattern updates as it develops, but a breakout arrow is only committed once a closed bar breaks the Donchian channel in the expected direction, so historical signals do not repaint. Bullish setups point to a reversal up at point D; bearish to a reversal down. Tune the swing amplitude, breakout period, the min/max ratio windows and the pattern and label styling. A structured way to trade harmonic reversals with objective confirmation. Free MT5 (.mq5) source included. Educational tool, not financial advice.