This is a automatic scanner for well know patterns like Head and Shoulder to get started. I'm planning to add more patterns in the near future. It works as follows:
1. Is going to plot the pattern on the chart, lines in blue 2. Is going to show you the long entry or short entry bar, red or green triangles 3. It is possible to get an alert when there is a potential long or short entry depending on the pattern
For example: is going to give a possible entry when the price has broken the trend line of the two shoulders if we take the Head and Shoulder pattern as an example. Please let me know in the comments if you would like to have more patterns.
I have planned the release of a pro version with all the well know patterns for invite only users. Patterns like:
- All the harmonic patterns - Triangles - Elliot Waves impulses - Double Top and Bottom - Triple top and bottom - Rising and Falling Wedge - The cup and the handle, etc - ABCD pattern
Let me know in the comments if you would be interested in something like this please. I'll appreciate your feedback.
thanks!
Release Notes
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Version 1.3
1. Support for BAT Harmonic Patterns - Show Possible Reversals Zones in green or red boxes
- Available alerts for the formation of any pattern
Release Notes
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Version 2.0
- Changed the scanner parameter to a drop-down list - Better performance
Release Notes
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Version 2.1
- Added "Alternate Bat" harmonic pattern support - Optimized the code from 1956 lines to 885 lines - For Bat normal patterns there will be a warning if that pattern could be a "Alternate Bat" in the future if the price keeps going to the same direction.
Release Notes
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Version 2.2
Support for the following harmonic patterns: - Butterfly - Gartley - Cypher - Crab - Deep Crab