This indicator looks for N patterns on the chart and illustrates them. It predicts the future point D from the most recent point C and the past points A and B.
Settings: Pivot Right bar / Pivot Left bar Pivot settings.
Lookback Go back a specified number of bars to find point A. When point A is found, the opposite vertex in between is point B.
Nearest Bars Count If the most recent C point and the previous C point are too close, the previous C point will be hidden. Specify the number of bars to determine if they are too close.
Objectives There are three types of D points, which are future prices. Each can be shown or hidden.
Support/Resistance Draw a line extending horizontally from point B as a support line or resistance line.
Notas de Lançamento
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Changed the option "nearest_count" 0: All lines will be visible. 1: Lines with point A in common will be hidden. 2~: Lines with point C in the specified period will be hidden.
Notas de Lançamento
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Changed the calculation of line lengths for support and resistance lines. It is calculated from the longer of the A-B and B-C periods.
Hey, bro really awesome script & nice idea. Would want to ask for a permission to work with the code to tweak some stuff for my trading if that would be possible.
Ghebre
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Thanks for sharing with the global community. What is the best time frame to trade with.
jack-tamara
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Big Thanks for sharing this indi bro.
rashiratna1234
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Awesome
makerup
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Nice one, thumbs up
hungfx
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Tôi có thể thử được không?
dos32101
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Podría probarlo. Saludos. Gracias
boitoki
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If you want to display more lines. 1. Decrease the number of "Nearest bars count". 2.Increase the number of "Valid BC Volume".
branz
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@boitoki, just wondering do you know how to set alert in tradingview as to when the point C appear ?