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.
Versionshinweise
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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.
Versionshinweise
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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.
LDJP
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LOVE IT.
And would love if it was possible to edit the FIB levels. Would happily do it myself if pos. Any chance to add that feature or make the script public please?
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 ?