INVITE-ONLY SCRIPT

Master Pattern [UAlgo]

업데이트됨
🔶 Description:

"Master Pattern by UAlgo" aims to identify and visualize "Master Patterns" in price movements on financial charts, and focusing on detecting liquidity levels and sweeps. The indicator provides users with the ability to customize settings such as master pattern detection and detection flexibility, sensitivity to liquidity levels, and visualization preferences.

🔶 What is the Master Pattern ?

The Master Pattern is a framework built around understanding market cycles, which include three main phases: Contraction, Expansion, and Trend.

Contraction Phase: During this phase, the market fluctuates less and consolidates within a narrow range. Institutional trading volumes tend to be low and it is recommended to avoid trading entries during this period.

Expansion Phase: volatility increases and prices fluctuate greatly. Institutional traders begin to establish positions at this stage and may manipulate prices to attract retail traders to create liquidity for their own buy or sell targets.

Trend Phase: The final phase that completes the market cycle. Institutional traders started taking profits, causing the trend to reverse. This triggered panic among retail traders, leading to liquidations and stop-losses. This creates liquidity from which institutional traders can profit, while retail traders' positions are overvalued.

🔶 Key Features:

Pattern Detection : The indicator detects and visualizes contraction patterns in price movements, helping traders identify potential areas of price consolidation.

스냅샷

Also traders can choose between different modes (Strict, Normal, Relax) for obtaining master patterns, providing flexibility in pattern identification based on individual trading strategies and preferences.

The Value/Expansion Line : This value line is considered by institutional traders as a potential “Point of Origin” for future price movements.

An Application Example of the Master Pattern :

Select the Appropriate Timeframes: A significant separation between the higher timeframe (HTF) and the lower timeframe (LTF) is essential. For instance, combinations like 4H and 15M, 4H and 5M, or 1H and 1M. You can change this according to your own strategy.

Trade Based on Contraction Box, Value Line and Liquidity: When the HTF is above value, look for buying opportunities on your LTF below value. Conversely, when the HTF is below value, seek selling opportunities on your LTF above value. Sweeping liquidity in LTF is also an important parameter.

Also Value/Expansion Line can also be used as Support/Resistance zone,

스냅샷

Liquidity Levels : The indicator includes functionality to detect and display liquidity levels on the chart.

스냅샷

Dashboard Display : A customizable dashboard provides users with key information, including liquidity levels, master pattern values, and whether the current price is above or below Master Pattern's value lines.

스냅샷

Additionally, when liquidity is swept or the price rises above or falls below the value line. this information can be displayed on the dashboard.

스냅샷

Customizable Settings: Users can adjust parameters such as the pattern detection mode, sensitivity to liquidity levels, liquidity type (cumulative or individual for each swing), visualization preferences for master patterns, the position and font size of the dashboard.

🔶 Disclaimer:

Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.

Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (UAlgo) shall not be held responsible for any trading losses incurred as a result of using this indicator.

Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.

Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.

No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future results.
릴리즈 노트
Alerts added.
릴리즈 노트
now MASTER PATTERN is MTF !

- Multi-timeframe feature added.

스냅샷

- Box detection algorithm improved.

스냅샷

- Now the timeframe is also shown in the table.
릴리즈 노트
- Pattern boxes detection algorithm has been redesigned and improved.

- A few bugfixes related to MTF.
Candlestick AnalysisChart patternscontractionexpansionliquidityliquiditysweepmasterpatternPivot points and levelssupportandresistancezones

초대 전용 스크립트

이 스크립트에 대한 접근은 작성자가 승인한 사용자로 제한되며, 일반적으로 지불이 필요합니다. 즐겨찾기에 추가할 수 있지만 권한을 요청하고 작성자에게 권한을 받은 후에만 사용할 수 있습니다. 자세한 내용은 UAlgo에게 문의하거나 아래의 작성자의 지시사항을 따르십시오.

트레이딩뷰는 스크립트 작성자를 100% 신뢰하고 스크립트 작동 원리를 이해하지 않는 한 스크립트 비용을 지불하고 사용하는 것을 권장하지 않습니다. 대부분의 경우 커뮤니티 스크립트에서 무료로 좋은 오픈소스 대안을 찾을 수 있습니다.

작성자 지시 사항

Get instant access here: https://www.ualgo.trade

차트에 이 스크립트를 사용하시겠습니까?

경고: 액세스를 요청하기 전에 읽어 보시기 바랍니다.

Get access to our exclusive tools: ualgo.trade

Join Our Discord For Updates: discord.com/invite/kyQkKxUQkW

All scripts & Content Provided by UAlgo Are For Informational & Educational Purposes Only.
또한 다음에서도:

면책사항