It uses the same interface for showing as the Scanner by Nicolas, but use different formulas.
I encourage everyone to comment what indicators they would like to add (with proper reference so I can actually add them) or to correct improper behavior in the indicator. This way I will be able to perfect the indicator and make it more useful to everyone.
If anyone reads the pine code and wonders why I compare to the frequently the answer is quite simple, it's done to make the algorithm work in ANY symbol, so concepts like long bars or "visible" gaps can actually be coded.
If anyone needs to hide the 0.0000 values of the script it needs to go to the properties of the chart, then background and then uncheck indicator values.
-Added about 10 more bullish indicators.
-Added values about the effectiveness of each pattern in the comments related to each in the code, for those not familiar with certain patterns.
-Removed Dojis altogether to reduce clutter and changed patterns with less than 60% to black color (not all have been modified yet).
-The rest of indicators (104 is the total according to bibliography)
-Reduce overlapping (this one is quite complicated and WILL take time)
-Pattern priority when they overlap.
-Adding offset to patterns like abandoned baby or evening star so they show on the mid bar.
Impossible to solve:
-Removing the 0 0 0 0 0 0, etc... indicator values in the chart since all plot functions receive CONSTANT string as parameters, meaning I need to use a different plot function for each pattern, which leads to all those 0 0 0 0, etc... the only solution is to hide them directly in the chart. (I'm sorry)
-Adding all 104 to one single indicator. I've read that the max plots is 64, so I'm planning on releasing the final version split in two, one for bullish signals and another for bearish signals. You could remove 40 redundant or ineffective patterns to make them fit in only one indicator if you choose to.
That's it. Comment or PM me anything that you feel I'm missing and I will try to add it.
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.
A note of interest... while the indicator works on ANY symbol, due to how candlestick analysis works (with gaps) it performs a LOT better in stocks. Cheers to everyone.