Overview: We hear a lot about Gartleys, bats, crabs and the rest of the barnyard crew, but have you ever wondered what other creatures might be lurking out there yet to be discovered? Well wonder no longer, it's time to find out for yourself! The Custom XABCD Validation and Backtesting Tool allows you to define retracement ratios and targets for your very own...
Combining Multizigzag with harmonic patterns - this script generates harmonic patterns based on multiple deapth zigzags. Input parameter allows to chose which Zigzag to be included in pattern identification and set different length, line color, width and style for each Zigzag combinations. Pattern rules are as below: Gartley xab = 0.618 0.382 <= abc...
Patterns makes parts of the many predictive tools available to technical analysts, the most simples ones can be easily detected by using scripts. The proposed tool detect the simple (vanilla) form of the ABCD pattern, a pattern aiming to detect potential price swings. The script can use an additional confirmation condition that aim to filter potential false...
This is another script involving interactive inputs. This is similar to Manual-Harmonic-Patterns-With-interactive-inputs . But, instead of taking XABCD and verifying if it confirms to any pattern, here we only take XABC and project all PRZs. Example, upon adding the script to chart, it will prompt to select 4 points on chart by clicking on it. if we select X, A,...
update: added optional option for marking the fractals with bgcolor (request for: faizal.mansor.908)
#20 on the Myth-Busting bench, we are automating the " I Found Super Easy 1 Minute Scalping System And Backtest It 100 Times " strategy from " Jessy Trading " who claims 30.58% net profit over 100 trades in a couple of weeks with a 51% win rate and profit factor of 1.56 on EURUSD . This one surprised us quite a bit. Despite the title of this strategy indicating...
Harmonic Pattern Projection open source Bullish and bearish 5-point patterns are based on various Fibonacci retracement levels and signify potential reversal zones (PRZ). As they become 0%-80% complete, the dashed-line pattern will appear, displaying the PRZ and giving you time to prepare for a reversal. Different combinations of specific fib retracements and...
Easy script to find candles which body is less than 50% of candle range.
EXPERIMENTAL: Best method so far to draw the zigzag. Multi time frame options
EXPERIMENTAL: Method for detecting 4/5/6/7 point harmonics included 3drive detection rates are rudimentary.
This indicator was intended as educational purpose only for Harmonic Patterns using XABCD Pattern Tool. This indicator was build upon Harmonic Trading : Volume Two, which was continuation from Harmonic Trading : Volume One and The Harmonic Trader, written by Scott M Carney. Explaination was similar to previous build, build 0 and build 1 . Volume 2 introduce...
EXPERIMENTAL: reads the rates for the last top/bottom in a zigzag fractal series, outputs XAB, XAD, ABC, and BCD rates, im interested in earing what your opinion is as im a total noob in harmonics :p. use with Fractals V5 for visual confirmation ;).
█ OVERVIEW This indicator displays 3 timeframes of parallel channel using linear regression calculation to assist manual drawing of chart patterns. This indicator is not true Multi Timeframe (MTF) but considered as Alternative MTF which calculate 100 bars for Primary MTF, can be refer from provided line helper. The timeframe scenarios are defined based on...
This indicator provides 2 separate exponential moving averages and Quarters Theory Lines on 50 pip intervals above and below current price. Useful for trading the harmonic pitchfork strategy.
Updated and fixed version of DFC. - fixed bugs - added permanent setting for direction - added color change for terminal and breakout bars - added smart timings for line of 100% retracement
Short Version: This here is my take on the popular VWAP indicator with several novel features including: Dual EMA smoothing. Arithmetic and Harmonic Mean plots. Custom Anchor feat. Intraday Session Sizes. 2 Pairs of Bands. Side Input for Connection to other Indicator. This can be used 'out of the box' as a replacement VWAP, benefitting from smoother...
ZigZag Based on price oscilation. added pattern recognition, also added recognition of head and shoulders and contracting/expanding triangles to previous list of patterns :p Use Alt Timeframe: enables optional timeframes, use higher timeframes to reduce noise. Timeframe: said Alt Timeframe. Show Patterns: toggles Pattern Recognition on.
EXPERIMENTAL: added a missing triangulation(ZCD)