█ OVERVIEW This indicator was intended as educational purpose only based on Harmonic Pattern Table (Source Code) and Ratio For Harmonic Points to show Harmonic Pattern Possibility. █ INSPIRATION This indicator was build upon realizing there are some overlap for B = XA among Alternate Bat, Bat, Crab and Gartley. Hence, the values split up to showcase the...
This script is something that I made a long time ago in my early days of learning Pine. It is not in development anymore but has some unique and impressive utility that will help the community. This script will fractally identify chart patterns(iH&S,H&S,W,M) on any chart and timeframe. Most scripts have limitations that make the user have to adjust various...
EN - You can spot current trend and lots of patterns with FxCanli ZigZag indicator EASLY TR - FxCanli ZigZag indikatörü mevcut trendi ve birçok formasyonu KOLAYCA bulmanızda size yardımcı olacaktır. Harmonic Patterns / Harmonik Formasyonları Elliott Wave / Elliott Dalgaları AB=CD Pattern / AB=CD Formasyonu EN - By activating the lower timeframe from...
Finds the "crab range" of current price action. /////// The lines corresponds are follows: Green line represents the average high price Orange line represents the median price Yellow line represents the average low price /////// By default, the last 5 bars are used when calculating the price lines, this value can be changed in settings as needed to tune...
█ OVERVIEW This indicator was intended as educational purpose only based on Harmonic Pattern Table (Source Code) to show indication of ratio for each Harmonic points from Point B until Stop Loss. █ CREDITS Credit to Scott M Carney, Harmonic Trading Volume 3: Reaction vs. Reversal. █ USAGE EXAMPLE
This indicator automatically detects and draws harmonic patterns. For each Fibonacci ratio in Scott Carney's basic harmonic pattern, you can easily find it by Googling. Here, we have added a certain allowable range to point b of the xabcd type patterns as shown below. - Deep Crab : 0.886 + 5% (no minus range) - Alternate Bat : 0.382 - 3% (no plus range) -...
IMPORTANT NOTE: (Read this before looking at any other thing on this indicator) This indicator is created to supersede existing Auto-Harmonic-Pattern-Ultimate-Trendoscope invite only script. The script deviates a lot from the original Auto Harmonic Patterns Ultimate script in terms of number of available patterns, trading type and few other things. Hence,...
Hello traders, I am excited to introduce to you the Auto Harmonic Pattern Projections indicator! How does it work? This indicator identifies harmonic patterns by analyzing Zigzag pivot points on the chart and checking if the XABC points form the required Fibonacci retracements/extensions for each particular pattern type. If the values are within their...
Here is an attempt to gather and present stats and probabilities of different chart patterns. Here, we challenge few traditional biases such as rising wedge is bearish, falling wedge is bullish etc. All the chart patterns identified in this script are bi-directional. Meaning they offer opportunities to trade in either direction. This indicator is built on the...
Reinforcement of PRZ(d) zone marking Current trend line Real-time position adjustment of the PRZ(d) zone according to the current trend Fibonacci retracement displayed when zone PRZ(d) is achieved Code refactorings Correction of previous highs and previous lows of the trend line finding PRZ Separation of completed harmonic model and expected harmonic model...
A harmonic formation pattern scanner based on the Harmonic Trading book series by Scott Carney. Supported harmonic traiding formations: Gartley ButterFly Bat alt. Bat Crab Greate Crab Shark AB=CD 5-0 Cypher Precise description and knowledge you can get from the Harmonic Trading book series by Scott Carney. It's the oldest and not optimized version...
After getting good response on Wedge-and-Flag-Finder-Multi-zigzag , I thought I will build little bit further into the script. Main differences Uses deep search algorithm for patterns instead of just using last 5 pivots Flag pattern is removed so that we can concentrate mainly on trend line pairs More number of overall patterns. Trend Patterns...
Moon is a very fascinating celestial body which is referred in Astrology as a planet. The effect of the moon on earth is proven when we see it's affect on the tides. The moon also represents the mind, which also makes it an interesting barometer of human thought. The moon being the nearest and smallest 'planet', affects stock prices often causing short term...
Here is a small attempt to automatically identify wedges and flags. Tradingview standard wedge checks for only 4 pivots. In this version, I have considered 5 pivots instead - which can help reduce noise as 4 pivots forming wedge can be quite common. In future, will also try to add more pivots in pattern recognition to make the signal more accurate. If wedge...
Liquidity_Zone by SebasVentu It is a strategy that shows the liquidity zones and also has a simulator Es una estrategia que muestra las zonas de liquidez y ademas cuenta con un simulador
A simple but powerful script that allows you to set levels that, when a trendline (user set with 2 points) intersects those levels, will produce a vertical line to show the timing of that event Useful not only for price action but also for use on indicators like a relative strength index (RSI) Instructions: Plot the trendline down as you wish - choose the price...
Time based indicator attempting to show changes in a cycle based on the different time elapsed between new highs and new lows in a given time period. Useful when combined with elliott wave price structure. A drop above/below 0 suggests a wave 4 whilst new highs/lows of the indicator suggest whether a bullish or bearish trend is in place. You can change the time...
Advanced harmonic patterns scanner optimazed for Wave theory for Low or Medium wave rules. It finds on the candle chart: - Existing pattern with realized target in historic data. - Potencial patterns with realized and potencial targets. - Estimated patterns that may become potencial with their potencial targets (it updates instantly with the price change (before...