The script searches historical data for XABCD harmonic formation patterns
Supported harmonic traiding formations:
Gartley
ButterFly
Bat
alt. Bat
Crab
Greate Crab
Shark
AB=CD
5-0
Cypher
Precise description and knowledge you can get from the Harmonic Trading book series by Scott Carney.
Script with limited access, contact author to get authorization
This version is showing formations in historical data only. There is a separate version that is trying to predict potencial formations in current data set.
Script settings:
Precision [‰] - How large deviations from the standard we accept Last bars to search [bars] - How far in the fast we should look to check formations. max points distance [bars] - How big patterns we are looking for. Line color and width - To customize chart for your preferences Show labels - You can pick format of formations labels.
Troubleshooting:
Result dialog error "Abandoned at ...." - Change "max points distance" to smaller value. TraidingView (! character): Loop takes too long to execute (>500ms) - Change "max points distance" to smaller value.
In case of any problems, please contact the author of the script.
發布通知
Package of fixes and improvements: - Formation filter - Detection improvements