█ OVERVIEW This indicator displays 3 timeframes of parallel channel using linear regression calculation to assist manual drawing of chart patterns. This indicator is not true Multi Timeframe (MTF) but considered as Alternative MTF which calculate 100 bars for Primary MTF, can be refer from provided line helper. The timeframe scenarios are defined based on...
This indicator shows you the most convenient buying times. It helps you lower your average and earn high profits by purchasing incrementally.
█ OVERVIEW This indicator was intended as educational purpose only and alternative way to show value in table as shown in Harmonic Pattern Possibility Table . █ CREDITS Credit to Scott M Carney, Harmonic Trading Volume 3: Reaction vs. Reversal. █ USAGE EXAMPLE
Before getting into the script, I would like to explain bit of history around this project. Wolfe was in the back of my mind for some time and I had several attempts so far. 🎯Initial Attempt When I first developed harmonic patterns, I got many requests from users to develop script to automatically detect Wolfe formation. I thought it would be easy and started...
█ 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...
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
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...
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...
This is another script involving interactive inputs. This is similar to Manual-Harmonic-Patterns-With-interactive-inputs . But, instead of taking XABCD and verifying if it confirms to any pattern, here we only take XABC and project all PRZs. Example, upon adding the script to chart, it will prompt to select 4 points on chart by clicking on it. if we select X, A,...
This script is a drawing tool which allows users to draw XABCD on the chart and script will tell whether there is any harmonic patterns on the drawings made. The script is based on interactive inputs and requires users to chose XABCD points. Please note This is not a scanner and it will not scan historical bars for harmonic patterns. This needs to be used...
This indicator was intended as educational purpose only for Harmonic Patterns using XABCD Pattern Tool. This indicator was build upon Harmonic Trading : Volume Two, which was continuation from Harmonic Trading : Volume One and The Harmonic Trader, written by Scott M Carney. Explaination was similar to previous build, build 0 and build 1 . Volume 2 introduce...
Lets make things bit complicated. Main difference between this script and the earlier Multi Zigzag Harmonic Pattern is the calculation logic of Zigzag 2, 3 and 4 In the earlier script, all zigzags were plain and were calculated on the basis of different lengths. (Such as 5, 10, 15, 20). These were derived on the basis of Multi Zigzag indicator In this...
Combining Multizigzag with harmonic patterns - this script generates harmonic patterns based on multiple deapth zigzags. Input parameter allows to chose which Zigzag to be included in pattern identification and set different length, line color, width and style for each Zigzag combinations. Pattern rules are as below: Gartley xab = 0.618 0.382 <= abc...
I may not be able to spend much time on the harmonic patterns and realized that there are not much open source scripts on them either. Hence, decided to release open source version which can be used by other developers for reference and build things on top of it. Original script is protected and can be found here: Logical ratios of patterns are coded as below:...
This indicator finds all of the gartley and cypher patterns on anychart and personally I have been using them profitably with BTC, ETH, and LTC. It includes entry points for both patterns but not TP levels, that is up to you to do research on. In version 2 I am working on this, if any of you can help me with that, it would be appreciated. Goodluck!
This indicator provides 2 separate exponential moving averages and Quarters Theory Lines on 50 pip intervals above and below current price. Useful for trading the harmonic pitchfork strategy.
No, it's not a new saturation plugin for your fruity loops. ... These are Mean Average Deviations calculated from Harmonic Mean. ... In my previous research I tried to develop "Harmonic Average Deviations", since applying stdevs on Harmonic Mean calculated from reciprocals ain't make sense. Din't work out, prolly cuz by definition stdevs doesn't like negatives. So...