The Alertion indicator!
pattern that happen near the zone or in the zone at lower timeframe and give us entry and stop limit price.
It is helpful for price action traders and those who want to decrease their risk.
There are 3 IP patterns:
Head and shoulder
These patterns may occur near the zone or...
harmonicpatterns: methods required for calculation of harmonic patterns. These are customised to be used in my scripts. But, also simple enough for others to make use of :)
isGartleyPattern(xabRatio, abcRatio, bcdRatio, xadRatio, err_min, err_max) isGartleyPattern: Checks for harmonic pattern Gartley
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)
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 extensions result in different patterns,...
Hi, Harmonic pattern traders.
This Indicator script is the lite version of the . After years of trading harmonic patterns together with other trading tools (from Elliott waves, support/resistance to moving average) tradingview platform has made a couple extra improvements with every new version of Pine and I was able to make this indicator with a very talented...
We need to make things better & better to solve the puzzle and I try to do my best on this way for the community. now I am here with my Harmonic Patterns Pro script.
Harmonic Pattern recognition is the basic and primary ability any trader develops in technical analysis. Harmonic pattern recognition takes extensive practice and repetitive...