I - Overall Ideas
Smart Patterns indicator is an indicator that help you scan and detect common Technical Analysis Price Patterns with flexibility in Accurate level and Sensitivity level.
This indicator works effective in all markets (Stocks, Forex, Cryptocurrencies, Bonds…) and can be used in all timeframes (M1, M15, H1, H4, D1…)
First of all I just did the compilation so this is not my idea, it is just a miscellany.
This script has been compiled for authors who have just been introduced to scripts : for unloading and leaving room for other indicators especially:non-pro users needs space for indicators and users seeking best technical combination. This script says thousands of...
Creator: Andrew Palladino
Strategy Name: Pattern Classifier System.
The strategy automatically classifies common price patterns using price fractals an trades them with an ATR based risk management strategy.
The following patterns are currently supported:
Symmetrical Triangle Breakout Long or Short
Ascending Triangle Long