As requested a TEST script when possible future Harmonic Patterns may occur, in this case the ABCD pattern.
When A, B, C are valid, the script will plot 2 lines between A-B and B-C, together with 2 white arrows,,where D MUST be in the future to become a valid ABCD pattern.
First of all, D MUST be a Pivot point, after which D must lay between D- and D+
In a Bearish example D- is the minimal value of D, D+ the maximum value of D. In a Bullish example D- is the maximum value of D, D+ the minimum value of D, either way, D must be between these 2 lines.
Since we don't know when the next possible Pivot point will occur, the white arrows won't predict where it will happen, it just shows the max and min value.
If it doesn't become a valid ABCD Pattern, the lines just stay that way, when a valid ABCD pattern occurs, more lines will be plotted, together with the Targets.
Do mind, the script adds a lot of lines, since there is a maximum of lines, only the last ones will be plotted, the rest can be made visible by using the "Replay" button
Also, the script measures Pivot Points, it is not always perfect, do your own research and see for yourself if a valid pattern is also valid for you!
Thank you!
Açık kaynak kodlu komut dosyası
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
- We cannot control our emotions,
but we can control our keyboard -
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.