TradingView

Automatically identify chart patterns using built-in indicators

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BITSTAMP:BTCUSD   Bitcoin
Hey everyone! đź‘‹

This chart showcases a few of the Automatic Chart Patterns indicators recently announced in this blog post. If you are a technical trader who relies on chart patterns to make trading decisions and hold a paid TradingView plan, check them out. They automatically identify these popular technical setups:

​Bearish and ​Bullish Flags
Double Bottom
Double Top
Elliot Wave
Head and Shoulders
Inverse Head and Shoulders
​Bearish and ​Bullish Pennants
Rectangles
Triangles
Triple Bottom
Triple Top
Falling and Rising Wedges

You can add the indicators to your chart from the "Indicators, Metrics & Strategies" search window by selecting "Patterns" from the "Technicals" tab in the left pane and choosing an indicator from the list:


Once you have selected a chart pattern, the indicator will automatically draw it on the chart for you when it detects the pattern.

The chart pattern indicators are easy to use and customize. You can ​alter the pattern detection criteria and visible attributes like colour, line thickness, and style of the lines.

We hope you enjoy these new indicators.

— Team TradingView ❤️

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