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!
Catatan Pelepasan: fixed ABC label positions
Skrip sumber terbuka

Dalam semangat TradingView yang sebenar, penulis skrip ini telah menerbitkannya dengan menggunakan sumber terbuka supaya pedagang-pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda dapat menggunakannya secara percuma tetapi penggunaan semula kod ini dalam penerbitan adalah dikawalselia oleh Peraturan Rumah. Anda boleh menyukai skrip ini untuk menggunakannya pada carta.

Ingin menggunakan skrip ini pada carta?

Komen

Thank you for the magic!
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LonesomeTheBlue Meowella7777
@Meowella7777, Thank you!
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@PineCoders, Thanks!
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@robbenmu, Thank you!
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comment is already posted below
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@NinjaNew, Thank you!
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great again! Best greetings from Germany.
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LonesomeTheBlue Mustermann84
@Mustermann84, Thanks :)
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