CypherPattern ULTRA V6 [NXT2017]+VolumeProfile+POC +SignalCounts
Key Features:
- Multi-Pivot Scanning: Scans for patterns simultaneously across 9 different pivot lengths (from 5 to 233) to find structures on micro and macro levels.
- Volume Profile Integration: Automatically draws a Volume Profile (VP) covering the range from Point X to the current bar to analyze supply and demand within the pattern structure.
- POC Indication: Highlights the Point of Control (POC) to identify key support/resistance levels within the pattern.
- Statistics Dashboard: A table displaying the number of Bullish and Bearish patterns found for each pivot size.
- Customizable: Full control over colors, tolerance levels, and display options.
The Cypher Pattern Rules Used: This script strictly follows the specific ratios for the Cypher pattern:
- B Point: 0.382 – 0.618 retracement of the XA leg.
- C Point: 1.13 – 1.414 extension of the AB leg (C projects beyond A).
- D Point (Entry): The unique characteristic of the Cypher is that the D point is the 0.786 retracement of the XC leg (not XA).
Settings & Inputs:
- Deviation Tolerance: Adjust the strictness of the ratio matching (default 30%).
- Volume Profile: Toggle the VP on/off, adjust resolution (rows), and transparency.
- Filter & History: Prevents duplicate signals for the same price structure.
How to use: Add the indicator to your chart. Bullish patterns are highlighted in Green (default) and Bearish patterns in Pink/Fuchsia. Look for the D-point completion for potential reversal entries. Use the Volume Profile to confirm if the reversal is happening at a high-volume node.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact NXT2017 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
🎯 Elliott Wave Auto Counting: nxt2017.com/ew
💥 Impulse Scalper: nxt2017.com/im
📈 Cheapest Entry: nxt2017.com/pi
Discount Coupon:
nxtcoupon20 for -20%
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact NXT2017 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
🎯 Elliott Wave Auto Counting: nxt2017.com/ew
💥 Impulse Scalper: nxt2017.com/im
📈 Cheapest Entry: nxt2017.com/pi
Discount Coupon:
nxtcoupon20 for -20%