Gartley 222 Strategy (Final Full Version) by TheWealthyInvestorbyDSAB
By TheWealthyInvestorbyDSAB
Performance Metrics
- Author: TheWealthyInvestorbyDSAB
- Symbol: NSE:NIFTY
- Timeframe: 5 minutes
Description
Gartley 222 Strategy (Bullish Pattern) — Repaint-Free, BacktestableThis strategy is based on the classic Gartley 222 harmonic pattern, originally introduced by H.M. Gartley in Profits in the Stock Market (1935). It identifies potential bullish reversal zones by detecting a five-point retracement structure (X-A-B-C-D) using pivot points and Fibonacci confluence.🧠 Strategy Logic:Detects valid pivot-based X, A, B, C pointsValidates Gartley ratios:AB = 61.8%–78.6% of XACD = 78.6%–88.6% of ABEnters long at point D only after pivot confirmation (non-repainting)Exits at 127% Fibonacci extension of XA or on stop loss🔍 Features:✅ Repaint-free and fully backtestable✅ Visual X–A–B–C–D pattern lines on chart✅ Customizable pivot length, risk, and reward ratios✅ Alerts for real-time Gartley Buy pattern completionIdeal for swing traders using 4H or Daily timeframes on trending instruments like NIFTY, BANKNIFTY, or major stocks.