INVITE-ONLY SCRIPT
Geometrics [MS]
Geometrics is a simple to use script designed to identify popular, well-tested harmonic / XABCD patterns that signal potential price reversals across any timeframe and asset. It automatically measures patterns and displays them on the chart, complete with Potential Reversal Zones (PRZ) and two Take Profit levels. Save time, and potential mistakes, from measuring on your own.
Usage:
When you add Geometrics to a chart, it begins scanning for both in-progress and historical patterns. Bullish patterns are indicated in green, and bearish patterns in red.
Patterns change from dashed lines to solid lines to denote completion and signal potential price reversal zones (PRZs).
The PRZ is highlighted between the last leg of the pattern and its label, with the triangle’s point marking the start and the label marking the end of the zone.
Two measured Take Profit levels are provided as horizontal lines to guide exits during active patterns.
To scan various pattern sizes simultaneously, apply multiple instances of the script with different Size settings.
Settings:
Size - Adjusts the scale of patterns to be detected.
Show P4 - Toggles the visibility of the P4 pattern to avoid clutter if desired.
How It Works:
Geometrics scans chart pivots for specific popular Fibonacci retracement patterns, known for indicating possible price reversals.
Patterns are identified by their five points, commonly labeled XABCD, and the retracements between them.
Fibonacci retracements are based on the "golden ratio" and other powerful ratios that are found in nature, art, and even financial markets.
The PRZ is calculated for each pattern based on the measurements of its legs, alongside Take Profit levels derived from more Fibonacci retracement ratios.
These harmonic patterns are typically named after the first decimal of the XAD retracment - for instance, P8 for a 0.886 retracement and P7 for a 0.786 retracement.
Usage:
When you add Geometrics to a chart, it begins scanning for both in-progress and historical patterns. Bullish patterns are indicated in green, and bearish patterns in red.
Patterns change from dashed lines to solid lines to denote completion and signal potential price reversal zones (PRZs).
The PRZ is highlighted between the last leg of the pattern and its label, with the triangle’s point marking the start and the label marking the end of the zone.
Two measured Take Profit levels are provided as horizontal lines to guide exits during active patterns.
To scan various pattern sizes simultaneously, apply multiple instances of the script with different Size settings.
Settings:
Size - Adjusts the scale of patterns to be detected.
Show P4 - Toggles the visibility of the P4 pattern to avoid clutter if desired.
How It Works:
Geometrics scans chart pivots for specific popular Fibonacci retracement patterns, known for indicating possible price reversals.
Patterns are identified by their five points, commonly labeled XABCD, and the retracements between them.
Fibonacci retracements are based on the "golden ratio" and other powerful ratios that are found in nature, art, and even financial markets.
The PRZ is calculated for each pattern based on the measurements of its legs, alongside Take Profit levels derived from more Fibonacci retracement ratios.
These harmonic patterns are typically named after the first decimal of the XAD retracment - for instance, P8 for a 0.886 retracement and P7 for a 0.786 retracement.
僅限邀請腳本
僅作者批准的使用者才能訪問此腳本。您需要申請並獲得使用許可，通常需在付款後才能取得。更多詳情，請依照作者以下的指示操作，或直接聯絡marketscripters。
請注意，此私人、僅限受邀使用者使用的腳本未經腳本審核員審核，其是否符合社群規範尚待確定。 TradingView不建議在未完全信任作者並了解其運作方式的情況下購買或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Use the link in our signature or DM us to obtain access to this indicator.
For script access or PineScript questions, please visit our site:
marketscripters.com?utm_source=tradingview&utm_medium=signature
marketscripters.com?utm_source=tradingview&utm_medium=signature
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
僅限邀請腳本
僅作者批准的使用者才能訪問此腳本。您需要申請並獲得使用許可，通常需在付款後才能取得。更多詳情，請依照作者以下的指示操作，或直接聯絡marketscripters。
請注意，此私人、僅限受邀使用者使用的腳本未經腳本審核員審核，其是否符合社群規範尚待確定。 TradingView不建議在未完全信任作者並了解其運作方式的情況下購買或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Use the link in our signature or DM us to obtain access to this indicator.
For script access or PineScript questions, please visit our site:
marketscripters.com?utm_source=tradingview&utm_medium=signature
marketscripters.com?utm_source=tradingview&utm_medium=signature
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。