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N Pattern

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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.
Nota Keluaran
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.
Nota Keluaran
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.
Nota Keluaran
  • Added labels "OP" "COP" "XOP"
Nota Keluaran
  • Added P point.
Nota Keluaran
Codes refactoring
Nota Keluaran
  • Migrated to pine script v5
  • Updated the debug messages.
Nota Keluaran
  • Added C-P line

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.