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An indicator of patterns #1 and #4 (“Broadening Tops” and “Broadening Bottoms”) from Encyclopedia of Chart Patterns by Thomas N. Bulkowski.
Version 1: bottom, top, bottom, top, top breakout. Version 2: top, bottom, top, bottom, top breakout.
Parameters:
- Alerts – show alert when an arrow appears
- Push – send a push notification when an arrow appears (requires configuration in the terminal)
- Variant1 – show version 1 of the pattern
- Variant2 – show version 2 of the pattern
- PeriodBars – indicator period
- K – an additional parameter that influences the accuracy of pattern shape recognition. The smaller the value is, the smoother the row of peaks/valleys should be, so fewer patterns will be recognized
- ArrowType – a symbol from 1 to 17
- ArrowVShift – vertical shift of arrows in points
- ShowLevels – show levels
- ColUp – color of arrow up
- СolDn – color of arrow down
- Auto5Digits – automatic multiplication of ArrowVShift by 10 when working with 5 and 3 digit quotes.
Note. Arrows appear on a forming bar and do not disappear.
It cannot be guaranteed that the indicator recognizes the patterns exactly as implied by the author.
Recommended optimization parameters: PeriodBars, K.
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文章版权归作者所有，未经允许请勿转载。
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