Pilihan Editor
OPEN-SOURCE SCRIPT
Telah dikemas kini

Head & Shoulders S/R Regular

61892
This is my take in Head & Shoulders (regular H&S)
The script will wait until a valid point E is found, which means A, C and E are alined
syot kilat

Then it will find the highest point between C - E -> Head (= D),
together with the highest point between A - C -> Left Shoulder (= B)

After this, the pattern is drawn, together with a 'trigger' area (E-G - E'-G' ~ 'Right shoulder area')
syot kilat
ONLY in this field, when a close is higher than E'-G', the figure will turn green, if lower than E-G, it will turn red, else, it will be blue
syot kilat

Settings:
  • Date range filtering
    Here you can filter the patterns by setting the date period (for E)
  • Pivot Points -> Leftbars - Rightbars
  • min/max retrace AD -> E
    Set the retracement for E (retracement A -> D -> E, here between 1.4 & 1.5)
    syot kilat
  • % tolerance [L ~ R shoulder height]
    Tolerance of Right shoulder height against Left shoulder height
    0% (= the same relative height):
    syot kilat
    85% (-> now close isn't higher than E'-G' -> blue coloured):
    syot kilat
  • min/max % [Left Shoulder ~ Head]
    Sets the desired B height against D (here B is between 35-45% of D):
    syot kilat
  • width R shoulder = L shoulder + x%
    Sets the width of Right shoulder against Left shoulder
    0% (nothing extra, just the same width as Left shoulder)
    syot kilat
    100% (Right shoulder area is double as large as the Left shoulder):
    syot kilat
    -70% (Right shoulder area much narrower than Left shoulder):
    syot kilat
  • maximum visible patterns:
    Set the maximum visible amount of patterns


This script uses one of the latest fantastic Pinescript features:
linefill[] and for ... in loop

Cheers!
Nota Keluaran
Code improvement
Nota Keluaran
update
Nota Keluaran
update

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.