Over the years, we have extensively explored and published numerous scripts centered around various chart patterns, including Harmonic Patterns, Reversal Patterns, Elliott Waves, and more. Our expertise in these areas has led to frequent requests for an indicator based on the ABCD pattern. Although we didn't include it as part of our Harmonic Patterns collection,...
In this indicator, we demonstrate how to plot oscillator behavior of oversold-overbought against price movements in the form of scatterplots and perform analysis. Scatterplots are drawn on a graph containing x and y-axis, where x represent one measure whereas y represents another. We use the library Graph to collect the data and plot it as...
🎲 Presenting the Diverging Chart Patterns Ultimate Indicator Much like its counterpart, the Converging Chart Patterns Ultimate indicator, this tool is an offshoot of our premium Auto Chart Patterns - Ultimate offering. However, it is exclusively designed to focus on diverging patterns. 🎲 Built on Extensive Research and Open-Source Foundations Our journey...
🎲 Introducing the Converging Chart Patterns Ultimate Indicator Derived from the comprehensive capabilities of our premium offering, the Auto Chart Patterns - Ultimate , this new indicator focuses exclusively on converging chart patterns. It marks the beginning of a series that, over time, will encompass the full spectrum of chart pattern analysis, ultimately...
🎲 An extension to Chart Patterns based on Trend Line Pairs - Flags and Pennants After exploring Algorithmic Identification and Classification of Chart Patterns and developing Auto Chart Patterns Indicator , we now delve into extensions of these patterns, focusing on Flag and Pennant Chart Patterns. These patterns evolve from basic trend line pair-based...
🎲 Introducing our most comprehensive automatic chart pattern recognition indicator. Last week, we published an idea on how to algorithmically identify and classify chart patterns. This indicator is nothing but the initial implementation of the idea. Whatever we explained in that publication that users can do manually to identify and classify the pattern, this...
🎲 Welcome to the Advanced World of Zigzag Analysis Embark on a journey through the most comprehensive and feature-rich Zigzag implementation you’ll ever encounter. Our Multi-Timeframe Recursive Zigzag Indicator is not just another tool; it's a groundbreaking advancement in technical analysis. 🎯 Key Features Multi Time-Frame Support - One of the rare...
🎲 Introducing Zigzag Tails Indicator by Trendoscope. The Zigzag Tails Indicator, a groundbreaking tool from Trendoscope, redefines technical analysis by seamlessly integrating anchored VWAPs (Volume Weighted Average Prices) and Average Price calculations with Zigzag pivot points. This advanced indicator recalculates Average Price or VWAP from one Zigzag pivot...
🎲 New Divergence Indicator by Trendoscope Our latest Divergence Indicator revolutionizes the way traders identify market trends and potential reversals. Built upon the robust foundation of the Zigzag Trend Divergence Detector and inline with our recent implementation of the Divergence Goggles indicator, this tool is designed to be intuitive yet powerful,...
🎲 Introducing the RSI-Divergence Goggle 🎯 Revolutionizing Divergence Analysis in Trading While the concept of divergence plays a crucial role in technical analysis, existing indicators in the community library have faced limitations, particularly in simultaneously displaying divergence lines on both price and oscillator graphs. This challenge stems from the...
The Oscillator Volume Profile indicator is designed to construct a volume profile based on predefined oscillator levels. It integrates volume data with oscillator readings to offer a unique perspective on market dynamics. 🎲 Selectable Oscillators: Users can select from an array of oscillator options for the basis of the volume profile, including: Relative...
The Volume Spike Analysis is designed to detect volume spikes in a trading instrument's data. Rather than relying on the traditional method of comparing volume to its moving average, this indicator employs a distinctive approach to ensure accuracy. Methodology Historical Volume Comparison: The indicator first assesses the current bar's volume, say 100k,...
There are several implementations of ABC pattern in tradingview and pine script. However, we have made this indicator to provide users additional quantifiable information along with flexibility to experiment and develop their own strategy based on the patterns. 🎲 Highlights of this indicator over other ABC implementations are: Implementation is based on...
Do you believe in patterns and think price movements are more likely to follow historical patterns? If yes, this is an indicator for you. 🎲 Concept The patterns in this script are not a named or known pattern. But, it can be any pattern that happen to repeat again and again over a period of time. The indicator collects the following information over a period...
At Trendoscope, we take pride in offering a wide range of indicators on Harmonic Patterns, including both free and premium options. While we have successfully developed various advanced tools, we recognize that creating a Harmonic Pattern screener is an audacious endeavor that few have ventured into. Creating a harmonic pattern screener presents a formidable...
🎲 Volume Forks - Advanced Price Analysis with Recursive Auto-Pitchfork and Angled Volume Profile The Volume Forks Indicator is a comprehensive research tool that combines two innovative techniques, Recursive Auto-Pitchfork and Angled Volume Profile . This indicator provides traders with valuable insights into price dynamics by integrating accurate pitchfork...
🎲 Overview Zigzag is basic building block for any pattern recognition algorithm. This indicator is a research-oriented tool that combines the concepts of Micro Zigzag and Recursive Zigzag to facilitate a comprehensive analysis of price patterns. This indicator focuses on deriving zigzag on multiple levels in more efficient and enhanced manner in order to support...
🎲 Introducing Consolidation Range Tracker: Visualising Price Consolidation after Impulsive Moves ConsolidationRangeTracker is an innovative indicator designed to assist traders in identifying and tracking price consolidation zones following impulsive market moves. This indicator is built on Auto Motive Wave indicator and Interactive Motive Wave indicator....