AutoBF by Tren10x

This script uses advanced algorithms to automatically detect and plot broadening formations on your chart, making it easy to identify these patterns and potentially profit from them, all while saving you time from drawing them yourself. With customizable settings, this indicator is a must-have tool for any trader looking to take advantage of this powerful chart pattern.
Features:
● Automatically detects and plots broadening formations on any chart within TradingView
● Customizable settings for greater flexibility and control
● Choose to draw your broadening formation from the outside bar to the "Previous Candle" or "Compound Candle" aka to the previous lowest/highest candle within the outside bar.
● Clear visual display of broadening formations and easy identification
● Compatible with all markets and timeframes, from stocks and forex to cryptocurrencies and commodities
● Designed for both novice and experienced traders, with user-friendly interface and comprehensive documentation
● By default, the year will look back 75 years, the quarter will look back 20 years, the month will look back 7 years, the week will look back 3 years, and the day will look back 90 days. However, you now have the ability to change these at your will.
● Added the ability to enable Broadening Formations on the 6 Month, 2 Month, 2 Week, and 2 Day charts.
● ALERTS! Receive timely notifications when the price breaches or activates a broadening formation.
All Timeframes available:
● Year
● 6 Month
● Quarter
● 2 Month
● Month
● 2 Week
● Week
● 2 Day
● Day
https://tinyurl.com/2zyrspvx
Predicting future outcomes is impossible. Nobody knows what the future will bring. With this Broadening Formation Indicator, you will have the edge you need to identify potentially profitable trading opportunities and make more informed decisions in the markets.
Regards,
Tren10x
Disclaimer: It is essential to note that returns on investments are not guaranteed, and investors should exercise prudence in conducting thorough due diligence before making any investment decisions
I would like to express my gratitude to my wife for her meticulous testing and insightful contributions throughout the course of this project. Additionally, I extend my appreciation to the esteemed Alpha Pack Group, whose exceptional acumen and investment expertise have been instrumental in the success of this endeavor.
◍ Added the option to change the width of each timeframe broadening formation.
◍ Added the option to change the style of each timeframe broadening formation. (Solid, Dashed, Dotted)
Modified Lookback Days/Week for compatibility. Read ToolTip for more information.
Implemented adjustments to enhance the overall reliability of trendline connections.
● Combo Candles are back! (Compound and Previous Candles Combined)
● Combo Candles works on ALL tickers. (SPX will have it's own scripted lookback values due to the historical data of SPX)
● Readjusted the default values for compatibility on all tickers out of the box. I recommend keeping the default values but you can adjust to your liking
● Fixed Extrapolate not properly loading all bf's on the daily timeframe. Now it will load all BF's beyond the visible chart.
● Added customizable strat candle numbers
● Removed 2Day BF
● Misc code cleanup
● Employed modifiers for both SPX and KO to ensure compatibility.
● Refined SPX/KO modifiers to prevent scanning/showing BF's when not needed.
● Implemented miscellaneous fixes to enhance overall performance.
● My default values for each BF have been included in their respective tooltips to provide helpful guidance. Please refer to all the tooltips for more information.
● Enjoy your journey!
● Enjoy your journey!
Changelog:
● Now offers customization of compound bar settings. You can select the scan's bar count, improving compound broadening formation identification.
● Adjusted daily and 2-day lookback intervals to scan in weeks rather than days.
● Fixed daily BF's when extrapolate is enabled (Hopefully this fixes how BF's are displayed when connected to outside bars; trying to workaround TradingView limitations)
Expect occasional yet impactful updates for AutoBF as I strive to continuously enhance our trading experiences. Your benefits from these updates will be significant.
Fixed the critical bug that prevented the above fix from displaying BF's on select timeframes.
● Implemented several bug fixes related to extrapolation on the daily chart and daily broadening formations. These fixes effectively address and bypass the existing limitations within the TradingView platform
I've been working on fixing these small nuances and adding these features for a while now and I needed it to work to perfection before release. These changes should make your experience a lot smoother!
I appreciate your continued support and feedback.
Script su invito
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TradingView NON consiglia di pagare o utilizzare uno script a meno che non ci si fidi pienamente del suo autore e non si comprenda il suo funzionamento. Puoi anche trovare alternative gratuite e open-source nei nostri script della comunità.
Istruzioni dell'autore
Attenzione: prima di richiedere l'accesso, leggi la nostra guida per gli script su invito.
Declinazione di responsabilità
Script su invito
Solo gli utenti autorizzati dall'autore hanno accesso a questo script e ciò richiede solitamente un pagamento. Puoi aggiungere lo script ai tuoi preferiti, ma potrai utilizzarlo solo dopo aver richiesto l'autorizzazione e averla ottenuta dal suo autore - per saperne di più leggi qui. Per maggiori dettagli, segui le istruzioni dell'autore qui sotto o contatta direttamente Tren10x.
TradingView NON consiglia di pagare o utilizzare uno script a meno che non ci si fidi pienamente del suo autore e non si comprenda il suo funzionamento. Puoi anche trovare alternative gratuite e open-source nei nostri script della comunità.
Istruzioni dell'autore
Attenzione: prima di richiedere l'accesso, leggi la nostra guida per gli script su invito.