Murray Math MTF + EMA + ZigZag ABCD + Signals

vor 11 Stunden

This indicator combines multiple technical analysis tools:

1. EXPONENTIAL MOVING AVERAGES (EMAs)
- EMA 144 (blue line): Long-term trend filter
- EMA 72 (green line): Medium-term trend filter

2. ABCD ZIGZAG PATTERN
- Identifies pivot highs and lows to form ABCD patterns
- Draws pink lines connecting pivot points
- Configurable pivot detection (left/right bars)

3. BUY/SELL SIGNALS
- BUY Signal (green triangle ▲): Triggers when a pivot low forms after a
bearish trend (bullish reversal pattern)
- SELL Signal (red triangle ▼): Triggers when a pivot high forms after a
bullish trend (bearish reversal pattern)
- Signals appear at pivot points with triangles pointing to candles

USAGE:
- Use EMA 144 as a trend filter (price above = bullish, below = bearish)
- Look for ABCD patterns to identify potential reversal points
- Trade in the direction of signals when they align with trend
- Buy signals appear below candles, Sell signals appear at pivot highs

SETTINGS:
- Pivot Left Length: Number of bars to look left for pivot confirmation
- Pivot Right Length: Number of bars to look right for pivot confirmation
- Show ZigZag Lines: Toggle to show/hide pink ABCD pattern lines

vor 11 Stunden

Versionshinweise

// ────────────────────────────────────────────────────────────────────────────────
// INDICATOR DESCRIPTION
// ────────────────────────────────────────────────────────────────────────────────
// This indicator combines multiple technical analysis tools:
//
// 1. EXPONENTIAL MOVING AVERAGES (EMAs)
// - EMA 144 (blue line): Long-term trend filter
// - EMA 72 (green line): Medium-term trend filter
//
// 2. ABCD ZIGZAG PATTERN
// - Identifies pivot highs and lows to form ABCD patterns
// - Draws pink lines connecting pivot points
// - Configurable pivot detection (left/right bars)
//
// 3. BUY/SELL SIGNALS
// - BUY Signal (green triangle ▲): Triggers when a pivot low forms after a
// bearish trend (bullish reversal pattern)
// - SELL Signal (red triangle ▼): Triggers when a pivot high forms after a
// bullish trend (bearish reversal pattern)
// - Signals appear at pivot points with triangles pointing to candles
//
// USAGE:
// - Use EMA 144 as a trend filter (price above = bullish, below = bearish)
// - Look for ABCD patterns to identify potential reversal points
// - Trade in the direction of signals when they align with trend
// - Buy signals appear below candles, Sell signals appear at pivot highs
//
// SETTINGS:
// - Pivot Left Length: Number of bars to look left for pivot confirmation
// - Pivot Right Length: Number of bars to look right for pivot confirmation
// - Show ZigZag Lines: Toggle to show/hide pink ABCD pattern lines