As a sequel to our 'meme indicator' series... The Bart Pattern Detector identifies confirmed regular and inverted Bart patterns using edge detection.
Settings
Median Lookback: Lookback period of the median filter used for the edge detection, with a shorter period allowing to detect shorter-term and less spaced patterns.
Edge Detection Sensitivity:...
Description: meant to be used with BTCUSD (or XBTUSD ) on 3 mins to 1h candles charts.
Idea is to provide a tool to detect break-out's from a dead band around an EMA, and to detect back-in's to the dead band.
Detection is fundamentally based on how much %, at least, a certain candle body has ruptured the dead band (adjustable).
Long and short flags are placed...