INVITE-ONLY SCRIPT
Harmonic patterns
This indicator is an automated technical analysis tool designed to identify 16 different harmonic and geometric price patterns, ranging from classic Gartley and Bat patterns to exotic models like the Nen Star and Black Swan. Unlike standard detectors, this script incorporates a proprietary Similarity Rating System to help traders distinguish between high-probability setups and approximate formations.
Technical Logic and Methodology
The script utilizes a pivot-based ZigZag algorithm with a default lookback of 18 pivots to identify structural swing highs and lows. Once pivots are established, the system calculates the internal Fibonacci retracement and extension ratios between five key points (X, A, B, C, and D).
Ratio Validation: The script compares real-time price action against ideal harmonic ratios (e.g., 0.618 for Gartley’s B-point) within a user-defined error margin.
Similarity Rating: A percentage-based score is calculated by measuring the cumulative deviation of all legs from their mathematical ideals. Only patterns exceeding the 79% Similarity Threshold are displayed to ensure signal quality.
Dynamic Targets: Take Profit (TP) zones are calculated based on the vertical distance of the XA leg, projected from the D-point at 0.618, 1.0, and 1.618 levels.
How to Use
Filter Patterns: Use the "General Settings" to adjust the "Pattern Size" (bars) and the "Similarity Rating" to filter out low-quality setups.
Execution: Once a pattern is labeled (e.g., "🦋 GARTLEY"), the script draws dynamic TP boxes. Traders typically look for price rejection at the D-point before targeting TP1 or TP2.
Alerts: The script includes a universal alert condition that triggers as soon as a valid, high-rating pattern completes at the D-point.
Technical Logic and Methodology
The script utilizes a pivot-based ZigZag algorithm with a default lookback of 18 pivots to identify structural swing highs and lows. Once pivots are established, the system calculates the internal Fibonacci retracement and extension ratios between five key points (X, A, B, C, and D).
Ratio Validation: The script compares real-time price action against ideal harmonic ratios (e.g., 0.618 for Gartley’s B-point) within a user-defined error margin.
Similarity Rating: A percentage-based score is calculated by measuring the cumulative deviation of all legs from their mathematical ideals. Only patterns exceeding the 79% Similarity Threshold are displayed to ensure signal quality.
Dynamic Targets: Take Profit (TP) zones are calculated based on the vertical distance of the XA leg, projected from the D-point at 0.618, 1.0, and 1.618 levels.
How to Use
Filter Patterns: Use the "General Settings" to adjust the "Pattern Size" (bars) and the "Similarity Rating" to filter out low-quality setups.
Execution: Once a pattern is labeled (e.g., "🦋 GARTLEY"), the script draws dynamic TP boxes. Traders typically look for price rejection at the D-point before targeting TP1 or TP2.
Alerts: The script includes a universal alert condition that triggers as soon as a valid, high-rating pattern completes at the D-point.
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、abo0oに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
Use on a clean chart with no extra indicators. Adjust “Pattern Size” to choose larger or smaller patterns. This tool does not give buy/sell signals; always confirm with your own analysis.
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、abo0oに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
Use on a clean chart with no extra indicators. Adjust “Pattern Size” to choose larger or smaller patterns. This tool does not give buy/sell signals; always confirm with your own analysis.
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。