LonesomeTheBlue

Trading ABC

Hello Traders,

For a few months I have been getting requests from my followers about ABC pattern and finally I decided to make this indicator.

How it works?

- It creates Trend Cloud using Simple and Exponential moving averages with the lenghts 50, 100, 150, 200, 20, 40 by default and checks the trend. you can change the lengths as you wish
- It also creates ZigZag using the ZigZag Period in the options.
- Using last 2 zigzag waves it checks if there is suitable ABC pattern according the Trend, the Min/Max Fibonacci levels and Error Rate
- Then it check if the price bounces after this ABC pattern
- And if all these conditions met then it plot triangle
- If there are multiple bouncing then you can see multiple triangles


You can change/set;
- Zigzag Period
- Fibonacci Max level
- Fibonacci Min Level
- Error Rate
- The Lengths that are used for Moving Averages
- Keeping old ABC lines/labels
- Show Zigzag and min/max Fibonacci levels
- Show Trend Cloud
- and colors

if you don't want to see old ABC lines/labels you can disable it:

if you don't want to see Trend Cloud you can disable it:

Zigzag and Fibonacci levels:


P.S. if you have new ideas to improve this indicator then let me know please. We together can do this life easier!


Enjoy!
Note di rilascio: fixed ABC label positions
Script open-source

Nello spirito di condivisione promosso da TradingView, l'autore (al quale vanno i nostri ringraziamenti) ha deciso di pubblicare questo script in modalità open-source, così che chiunque possa comprenderlo e testarlo. Puoi utilizzarlo gratuitamente, ma il riutilizzo del codice è subordinato al rispetto del Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

Vuoi usare questo script sui tuoi grafici?

Commenti

Thank you for the magic!
500 coin
+5 Rispondi
LonesomeTheBlue Meowella7777
@Meowella7777, Thank you!
+1 Rispondi
500 coin
+3 Rispondi
@PineCoders, Thanks!
+1 Rispondi
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+2 Rispondi
@robbenmu, Thank you!
+1 Rispondi
comment is already posted below
500 coin
+2 Rispondi
@NinjaNew, Thank you!
+3 Rispondi
great again! Best greetings from Germany.
100 coin
+2 Rispondi
LonesomeTheBlue Mustermann84
@Mustermann84, Thanks :)
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