Introduction We at Algorex have developed a Non-Repaint indicator to identify tops and bottoms. It uses a pattern found in historical tops and bottoms. We found this pattern through quantitative research and trial and error. What? The pattern is simple yet effective. It follows a fibonacci like sequence and only uses OHLC values. We don’t use any trend...
EXPERIMENTAL: a test on how to compare price at different frequency's with static patterns.
The Pin Bar indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The strategy that comes with the Pin Bar pattern is based on price action. Inputs of the indicator are: MaxBars: maximum number of bars back to calculate searching for signals BuySignals (true/false): you can filter signals and decide to show...
The strategy contains Bearish and Bullish Engulfing trend reverse alerts with entry and closure notifications. Entries are enforced by Directional Movement Index (DMI) indicator levels combination. The strategy can be applied to spot, futures and marginal trading exchanges. It is suitable for both long and short positions and works accurately with BTC, USDT, ETH...
Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the best and most effective patterns and ignore the noise. The Tweezer pattern is a simple and effective...
experimental: zigzag indicator with all the zigzag methods that im aware of(that matter atleast), theres something for all tastes there :P this will be the basis for zigzag tools i make in the future. note: some zigzags REPAINT.
Vertical Run Down and Vertical Run Up based on Tom Bulkowski Chart Pattern with elaboration in percentage of the drop and up.
A piercing pattern is known in technical analysis to be a potential signal for a bullish reversal. The formation in its strictest form is rather rare, but tends to perform better the longer the downtrend in front of it. When technical studies such as RSI, Stochastic or MACD are showing a bullish divergence at the same time a piercing pattern appears, it...
My script builds upon another user-submitted script by rebuilding the logic used to identify candlestick patterns. The logic in my script is a mix of strict and lax guidelines to mitigate false flags and present valid buy and sell signals. -To use this indicator, simply add it to any chart. It will identify trends on any time frame although the lower you go, the...
This simple indicator will help identify the 123 Patterns on the charts. It's build based on the zigzag indicator, which will work as a guideline to identify the 3 points. As soon as the price crosses the third point, the indicator will draw 3 lines: entry, take profit, and stop loss. Those lines will work as a reference and may help with other indicators. This...
Automatically detects and visually displays Harmonic patterns, from small ZigZag to large ZigZag. 17 types of Harmonic patterns are supported. Pattern5-0 / 3Drive / AB=CD / Gartley / Butterfly / Bat / A Bat / Crab / Deep Crab / Cypher / A Cypher / Shark / Nenstar / A Nenstar / Dragon / Black Swan / White Swan The alert function allows you to be alerted when a...
Automatically detects and visually displays Harmonic patterns, from small ZigZag to large ZigZag. 5 types of Harmonic patterns are supported. Pattern5-0 / 3Drive / AB=CD / Gartley / Butterfly 小さいZigZagから大きいZigZagまですべてを監視し、ハーモニックパターンを自動的に検出します。 検出したパターンは視覚的に表示されます。 インジケーターは、5種類のハーモニックパターンに対応しています。 Pattern5-0 / 3Drive / AB=CD / Gartley / Butterfly
Hi everyone, as soon as I know the reason for those numbers, I can't figure out if there is some kind of pattern (confirmation bias or stuff like that). So I'm here asking for your help to try to find some kind of pattern between those numbers. Please comment down below your ideas and I will try to code your ideas and update the indicator with new code. I've...
the triangle strategy is based on price action which plots a triangle pattern, in upward trends it plots green colored upward triangle, while in downward trend , red bearish triangle will be plotted. the strategy can be applied on both manual and automated trading. the user friend and simplicity is the future of this strategy. the standard parameter are as...
This strategy is similar to RSI V pattern strategy, but it looks for W pattern in RSI chart. RULES ====== BUY 1. ema20 is above ema50 2. RSI5 crossing up 30 from oversold area 3. and RSI5 must be below overbought area (default value set to 65) Add to existing Position 1. You can add on the next W pattern OR 2. if RSI5 is crossing up from below 20 Exit 1....
This indicator has almost everything for intraday trading . There are two supertrends one with higher time frame and one at lower time frame, Due to which we can recognize reversal. If higher time frame supertrend is showing uptrend and minor is showing downtrend then better to avoid taking any trade in between. Both trend should be in same direction. Tenkan and...
Some code for detecting tweezer candles, which are reversal patterns. You'll need to tweak the settings to be either less strict (more detections) or more strict (less detections). I found that if you follow the documentation for tweezers exactly, you will get very few detections. It is possible that this candlestick has become overused, so the original pattern...
Patterns makes parts of the many predictive tools available to technical analysts, the most simples ones can be easily detected by using scripts. The proposed tool detect the simple (vanilla) form of the ABCD pattern, a pattern aiming to detect potential price swings. The script can use an additional confirmation condition that aim to filter potential false...