🔵 Introduction The Butterfly Harmonic Pattern is a sophisticated and highly regarded tool in technical analysis, utilized by traders to identify potential reversal points in the financial markets. This pattern is distinguished by its reliance on Fibonacci ratios and geometric configurations, which aid in predicting price movements with remarkable...
🔵 Introduction Research by H.M. Gartley and Scott Carney emphasizes the importance of harmonic patterns in technical analysis for predicting market movements. Gartley's work, particularly the Gartley 222 pattern, is detailed in his book "Profits in the Stock Market" and relies on the specific placement of points X, A, B, C, and D. 🟣 Defining the Gartley...
🔵 Introduction The Crab pattern is recognized as a reversal pattern in technical analysis, utilizing Fibonacci numbers and percentages for chart analysis. This pattern can predict suitable price reversal areas on charts using Fibonacci ratios. The structure of the Crab pattern can manifest in both bullish and bearish forms on the chart. By analyzing this...
█ OVERVIEW This indicator was intended as educational purpose only based on Harmonic Pattern Table (Source Code) . Some user have different ratios in mind, thus I add input to allow user to change those ratios. █ CREDITS Scott M Carney, Trading Volume 3: Reaction vs. Reversal █ CREDITS 1. List Harmonic Patterns. 2. Font size small for mobile app and font...
Library "lib_retracement_patterns" types and functions for XABCD pattern detection and plotting method set_tolerances(this, tolerance_Bmin, tolerance_Bmax, tolerance_Cmin, tolerance_Cmax, tolerance_Dmin, tolerance_Dmax) sets tolerances for B, C and D retracements. This creates another Pattern instance that is set as tolerances field on the original and...
█ OVERVIEW We have included by default 3 known Patterns. The Bat, the Butterfly and the Gartley. But have you ever wondered how effective other, not yet known models could be? Don't ask yourself the question anymore, it's time to find out for yourself! You have the option to customize your own Patterns with the Backtesting tool and set Retracement Ratios and...
Library "TA" General technical analysis functions div_bull(pS, iS, cp_length_after, cp_length_before, pivot_length, lookback, no_broken, pW, iW, hidW, regW) Test for bullish divergence Parameters: pS : Price series (float) iS : Indicator series (float) cp_length_after : Bars after current (divergent) pivot low to be considered a valid...
█ OVERVIEW This indicator was designed based on Harmonic Pattern Book written by Scott Carney. It was simplified to user who may always used tools such as XABCD Pattern and Long Position / Short Position, which consume a lot of time, recommended for both beginner and expert of Harmonic Pattern Traders. XABCD Pattern require tool usage of Magnet tool either Strong...
This indicator was intended as educational purpose only for Harmonic Patterns using XABCD Pattern Tool. This indicator was build upon Harmonic Trading : Volume One and Harmonic Trading : Volume Three, written by Scott M Carney. Harmonic Trading System consist of 3 important elements such as Trade Identification, Trade Execution and Trade Management, each of these...
This indicator was intended as educational purpose only for Harmonic Patterns using XABCD Pattern Tool. This indicator was build upon Harmonic Trading : Volume Two, which was continuation from Harmonic Trading : Volume One and The Harmonic Trader, written by Scott M Carney. Explaination was similar to previous build, build 0 and build 1 . Volume 2 introduce...
This indicator was intended as educational purpose only for Harmonic Patterns using XABCD Pattern Tool. This indicator was build upon Harmonic Trading : Volume One, which was continuation from The Harmonic Trader, written by Scott M Carney. From the previous build , only Gartley and Butterfly were explained ideally based on The Harmonic Trader. For this buid,...
This indicator was intended as educational purpose only for Harmonic Patterns using XABCD Pattern Tool. Gartley and Butterfly patterns were ideal patterns explained from The Harmonic Trader written by Scott M Carney. Some values are further updated later in Harmonic Trading: Volume Three, also by Scott M Carney. The Harmonic Trader book was also known as Harmonic...
This indicator was intended as educational purpose only for BAMM, which also known as Bat Action Magnet Move. Indikator ini bertujuan sebagai pendidikan sahaja untuk BAMM, juga dikenali sebagai Bat Action Magnet Move. BAMM is usually used for Harmonic Patterns such as XAB=CD (Bat Pattern) and AB=CD (0.5 AB=CD Pattern) - Chapter 5. BAMM also can be used for...
This table indicator was intended as educational purpose only for Harmonic Trading Ratios. The ratios are used for Harmonic AB=CD and XAB=CD. Ratio calculation are shown for Retracement and Projection based Primary, Primary Derived, Secondary Derived and Secondary Derived Extreme. Primary Retracement : 0.618 Primary Projection : 1.618 Please take note that...
This indicator finds all of the gartley and cypher patterns on anychart and personally I have been using them profitably with BTC, ETH, and LTC. It includes entry points for both patterns but not TP levels, that is up to you to do research on. In version 2 I am working on this, if any of you can help me with that, it would be appreciated. Goodluck!