OPEN-SOURCE SCRIPT
SilverHawk Pattern + Trend Scanner
SilverHawk Pattern + Trend Scanner
This indicator scans for common candle patterns (Evening/Morning Star, Engulfing, Kicker) and displays adaptive trend channels (short/long) with strength metrics.
Features:
- Candle patterns with reversal/continuation % heuristic
- Adaptive trend channels (best short/long length selected by Pearson R)
- ADX trend power and channel alignment note
Settings:
- Show specific patterns: toggle visibility
- Channel lengths: auto-selected based on best correlation
- Alerts on pattern detection
Best used on H1 to D1 timeframes in Forex or indices for pattern confirmation and trend analysis. Use with proper risk management and confirmation.
Educational tool only. Not financial advice. Trading involves risk.
This indicator scans for common candle patterns (Evening/Morning Star, Engulfing, Kicker) and displays adaptive trend channels (short/long) with strength metrics.
Features:
- Candle patterns with reversal/continuation % heuristic
- Adaptive trend channels (best short/long length selected by Pearson R)
- ADX trend power and channel alignment note
Settings:
- Show specific patterns: toggle visibility
- Channel lengths: auto-selected based on best correlation
- Alerts on pattern detection
Best used on H1 to D1 timeframes in Forex or indices for pattern confirmation and trend analysis. Use with proper risk management and confirmation.
Educational tool only. Not financial advice. Trading involves risk.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
SilverHawk Suite
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
SilverHawk Suite
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.