INVITE-ONLY SCRIPT

Auto Harmonic Terhal

Auto Harmonic Terhal is an advanced harmonic pattern recognition indicator designed to identify a wide range of harmonic patterns and their corresponding Fibonacci retracement levels. This tool is equipped with all major harmonic patterns, including the Gartley, Bat, Crab, DeepCrab, Butterfly, and Shark patterns, along with their precise Fibonacci ratios derived from Scott Carney's Harmonic Trading framework.




Key Features:
Harmonic Patterns: The indicator supports all the essential harmonic patterns, each accompanied by their unique Fibonacci retracement levels, such as 0.382, 0.500, 0.618, 0.786, 0.886, 1.13, 1.618, and 1.902. These ratios are based on Scott Carney's studies.



Predictive and Conventional Usage: The Auto Harmonic Terhal can be used in two ways:


-Predictive: Traders can anticipate harmonic patterns before they are fully formed, allowing them to set up trades in advance.
Conventional: The indicator confirms patterns once they appear, making it a useful tool for pattern validation.

-Accurate Targets: Once a pattern is identified, the indicator displays target levels based on correct Fibonacci ratios, helping traders to locate potential price reversal points and profit targets.



Multi-Zigzag Functionality: The indicator scans for patterns across multiple zigzag configurations, enhancing the detection of different harmonic structures without limiting itself to a single timeframe or zigzag structure.


Fibonacci Ratios for Patterns:


Gartley: XA retracement 61.8%, AB between 0.618 and 0.786, CD 1.272 extension.

Bat: XA retracement 50%, AB 38.2% to 50%, CD 88.6%.

Crab: XA retracement 38.2%, CD extension 161.8%.

Deep Crab: XA retracement 88.6%, CD extension 161.8%.

Butterfly: XA retracement 78.6%, CD extension 127% to 161.8%.

Shark: AB 113% to 161.8%, CD 88.6%.

This indicator serves as a crucial aid for harmonic pattern analysis and supports an essential form of technical analysis. However, it does not recommend buying or selling or making any trade decisions directly. It is meant to assist in harmonic analysis for traders, providing a framework for understanding market reversals and structure.

Note
: The tool is intended as a technical analysis assistant and does not provide direct buy or sell signals.
Chart patternsHarmonic Patterns

僅限邀請腳本

僅限作者授權的用戶訪問此腳本,並且通常需要付費。您可以將其增加到收藏腳本中,但是只有在向作者請求並獲得許可之後,才能使用它。 請聯繫Bit_Terhal以了解更多信息,或按照下面作者的說明進行操作。

TradingView 不建議購買並使用此腳本,除非您 100% 信任其作者並了解腳本的工作原理。在許多情況下,您可以在我們的社群腳本中免費找到良好的開源替代方案。

作者的說明

direct message "tradingview ".. thank you

想在圖表上使用此腳本?

警告:請閱讀,然後再請求訪問權限。

更多:

免責聲明