bean

Bean's Multi-Instrument Pattern Scanner.

This indicator scans H1 timeframe for specific technical patterns. Here's how each pattern is detected:

PATTERN DETECTION CRITERIA:

1. Hammer
- Body Size: ≤ 30% of total candle length
- Lower Wick: > 50% of total candle length
- Upper Wick: < 20% of total candle length
- Formula:
* bodySize = |close - open|
* upperWick = high - max(open, close)
* lowerWick = min(open, close) - low
* totalLength = high - low

2. Shooting Star
- Body Size: ≤ 30% of total candle length
- Upper Wick: > 50% of total candle length
- Lower Wick: < 20% of total candle length
- Uses same measurements as Hammer but inverted

3. Outside/Inside (OI)
Checks three consecutive bars:
- Outside Bar: Bar2 high ≥ Bar3 high AND Bar2 low ≤ Bar3 low
- Inside Bar: Bar1 high ≤ Bar2 high AND Bar1 low ≥ Bar2 low
Pattern confirms when both conditions are met

4. Bullish/Bearish Umbrella
Checks two consecutive bars:
Bullish:
- Current bar's high ≤ previous bar's high
- Current body high ≤ previous bar's high
- Current body low ≥ previous body high

Bearish:
- Current bar's low ≥ previous bar's low
- Current body low ≥ previous bar's low
- Current body high ≤ previous body low

5. Three Bar Triangle (3BT)
Checks three consecutive bars:
- Current bar's high ≤ max(previous two highs)
- Current bar's low ≥ min(previous two lows)
- Indicates price compression

DISPLAY AND ALERTS:
- Patterns are displayed in real-time in the table
- Multiple patterns can be detected simultaneously
- Pattern detection resets each new H1 candle

CONFIGURATION:
- Each row can be independently configured
- Patterns are checked on H1 timeframe close
- Alert frequency: Once per H1 bar close

Note: All measurements use standard OHLC values from only completed H1 candles.

リリースノート

Bean's Multi-Instrument Pattern Scanner.

This indicator scans H1 timeframe for specific technical patterns. Here's how each pattern is detected:

PATTERN DETECTION CRITERIA:

1. Hammer
- Body Size: ≤ 30% of total candle length
- Lower Wick: > 50% of total candle length
- Upper Wick: < 20% of total candle length
- Formula:
* bodySize = |close - open|
* upperWick = high - max(open, close)
* lowerWick = min(open, close) - low
* totalLength = high - low

2. Shooting Star
- Body Size: ≤ 30% of total candle length
- Upper Wick: > 50% of total candle length
- Lower Wick: < 20% of total candle length
- Uses same measurements as Hammer but inverted

3. Outside/Inside (OI)
Checks three consecutive bars:
- Outside Bar: Bar2 high ≥ Bar3 high AND Bar2 low ≤ Bar3 low
- Inside Bar: Bar1 high ≤ Bar2 high AND Bar1 low ≥ Bar2 low
Pattern confirms when both conditions are met

4. Bullish/Bearish Umbrella
Checks two consecutive bars:
Bullish:
- Current bar's high ≤ previous bar's high
- Current body high ≤ previous bar's high
- Current body low ≥ previous body high

Bearish:
- Current bar's low ≥ previous bar's low
- Current body low ≥ previous bar's low
- Current body high ≤ previous body low

5. Three Bar Triangle (3BT)
Checks three consecutive bars:
- Current bar's high ≤ max(previous two highs)
- Current bar's low ≥ min(previous two lows)
- Indicates price compression

DISPLAY AND ALERTS:
- Patterns are displayed in real-time in the table
- Multiple patterns can be detected simultaneously
- Pattern detection resets each new H1 candle

CONFIGURATION:
- Each row can be independently configured
- Patterns are checked on H1 timeframe close
- Alert frequency: Once per H1 bar close

Note: All measurements use standard OHLC values from only completed H1 candles.

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More tickers

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btcusd and ethusd tickers

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Patched alerts capability.

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Patched alerts.

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- Forex feed is FXCM hard-coded now
- Added timeframe selection

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- Reduced no. of playbooks in selection.

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Now you can add any umbrella as an alert

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Now changing the umbrella formula slightly:

prev_high <= prev2_high and prev_body_high <= prev2_high and prev_body_low >= ((prev2_body_high + prev2_body_low)/2)

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