Crab Pattern ULTRA V1 [NXT2017] Autodrawing Harmonic Pattern

2020년 1월 25일

Private indicator.


HI BIG PLAYERS AROUND THE WORLD,

this script allows to draw automatically lines of Crab Pattern . The Crab Pattern is part of Harmonic Pattern .

Parallel to the automatic drawing, the indicator can give signals as soon as the typically Fibonacci extension immediately reached or has been reached. This allows the indicator CrabPattern_ULTRA V1 to give early signals. In the default settings, the signals are displayed with a blue background on the chart.

NO REPAINT
As soon as the most points of the pattern are developed, the last point is a fix prediction without any repaints!

CrabPattern_ULTRA V1 is offered for sale. More information can be found below in the signature.

In the settings it is possible to change the degree of details. This is sometimes necessary because TradingView limited only 55 lines per indicator in Pinescript Version 4.

In extreme cases it is possible to change the settings to "lite" that the Crab Pattern represent waves only with 2 lines. This allows the indicator to detect far more Crab Pattern on the same chart.

For more great indicators everyone is invited to follow me on TradingView.



Kind regards

NXT2017

2021년 3월 30일

릴리즈 노트

• fixed bugs relate to overdrawing issue
  
• choose yourself the size you want see
  

5일 전

릴리즈 노트

This is the Crab Pattern ULTRA V6 edition. The Crab pattern is a powerful harmonic setup characterized by an extreme extension of the CD leg (1.618 of XA). This script is designed to automatically detect valid Crab formations across multiple pivot lengths simultaneously, providing high-precision entries.

Key Features in V6:

• Auto-Detection: Scans for Crab patterns using 9 different pivot lengths (from 5 to 233) at the same time.
  
  
• Strict Crab Ratios:
  
  
• B Point: 0.382 – 0.618 of XA.
  
  
• D Point (Target): The "Golden" 1.618 Extension of XA.
  
  
• Integrated Volume Profile: Automatically draws a Volume Profile (VPVR) specifically for the pattern range to identify the Point of Control (POC).
  
  
• Smart Filtering: Includes a history check to prevent duplicate signals for the same price structure.
  
  
• Statistics Dashboard: A real-time table showing how many bullish and bearish patterns have been found for each scanning size.
  
  
• Dynamic Alerts: Fully customizable alerts with color-coded backgrounds.
  

How to trade the Crab: The Crab is an extension pattern. Unlike other harmonics that retrace inside the X-A leg, the Crab completes far beyond point X.

• Bullish: Price extends lower than X. Buy at the 1.618 extension.
  
• Bearish: Price extends higher than X. Sell at the 1.618 extension.