The “Graphic Patterns indicator V11” for ProRealTime version V11, allows you to view 7 graphic patterns simultaneously. It is of great help especially for Day Trading.
This indicator consent you do not to miss profit opportunities, and above all, it helps you do not to make mistakes in evaluation, showing you all the possible patterns present in the graph.
The Graphic Patterns indicator V11 finds the following patterns:
Cup with Handle Graphic Pattern
Double Top-Bottom Graphic Pattern
Triple Top- Bottom Graphic Pattern
Head and Shoulders Graphic Pattern
Wolfe Waves Graphic Pattern
123 Swing Trading Graphic Pattern
ABCD Graphic Pattern
123 Swing Trading
123 Swing Trading
Cup with Handle
Cup with Handle
Cup with Handle
Cup with Handle
Double Bottom
Double Top
Head and Shoulders
Head and Shoulders
Triple Bottom
Triple Top
Wolfe Waves
Wolfe Waves
Abcd
Abcd
During the formation of the pattern, the last point can be redesigned, exactly as it happens in reality. We can never be sure that the moment of inversion, or of a breakout, or of a restart has arrived, however in the doctrine of the analysis technique, classic patterns have always been those deemed most reliable, by professional operators.
THIS INDICATOR IS SOLD WITH GRAPHIC PATTERNS SCANNER, A VERY POWERFUL TOOL THAT ALLOWS YOU TO VIEW THE GRAPHIC PATTERN THAT ARE OCCURRING IN THE HIGHEST TIMEFRAMES, AND RECEIVE NOTIFICATIONS FOR THE PATTERN THAT ARE OCCURRING IN THE ALARMED MARKETS
HOW “GRAPHIC PATTERNS INDICATOR “WORKS:
The search for the Pattern can be done using the following parameters of the Fractal point indicator:
Depth
Deviation
BackStep
Interface of the Graphic patterns V11 is very simple:
Depth: Value of the period, between a new maximum and a new minimum. This variable affects the size of the Pattern
Deviation : It is the maximum of points to discard a new extremum. This variable affects the size of the Pattern.
Backstep : is the maximum of bars to discard a new extremum and replace it, if a new one is found.
Accuracy: It makes it possible to establish the alignment to the theoretical retracement value of the pattern. You can observe a wide variety of patterns without discarding any possibility, or you can have an opportunity to have filtered too severely. The 80% is the default threshold, but it is up to you to configure this parameter according to your own style!
R: To set up colour “Red” from 0 to 255 of the Bull pattern
G: To set up colour “Green” from 0 to 255 of the Bull pattern
B: To set up colour “Blu” from 0 to 255 of the Bull pattern
R1: To set up colour “Red” from 0 to 255 of the Bear pattern
G1: To set up colour “Green” from 0 to 255 of the Bear pattern
B1: To set up colour “Blu” from 0 to 255 of the Bear pattern
ZigZagLine: Show Fractal indicator to set up dimension of the pattern rapidly
CupHandle: Enable detection of Cup with Handle Pattern
DoubleTopBottom: Enable detection of Double Top/Double Bottom Pattern
HeadShoulders: Enable detection of Head and Shoulders Pattern
WolfWaves: Enable detection of Wolf Waves Pattern
TripleTopBottom: Enable detection of Triple Top/Triple Bottom Pattern
Swing123: Enable detection of 123 swing trading Pattern
AbCd: Enable detection of Ab=Cd Pattern
Advanteges of using the “Graphic patterns indicator V11”:
Automatically discover 7 classic patterns and plot them on the graph:
Cup with Handle Pattern
Double Top-Bottom Pattern
Triple Top- Bottom Pattern
Head and Shoulders Pattern
Wolfe Waves Pattern
123 Swing Trading Pattern
ABCD Pattern
The indicator is completely customizable with a large range of settings available
Filter the accuracy of detected figures
Frequent, repeatable, reliable and produce high probable setups
Trading rules are relatively standardized
Work well with defined Market Context, Symmetry and Measured Moves rules
Work in all timeframes and in all market instruments
Davin S. (verified owner) –
This is a game changer. If you already have futures skills, then this will amplify your potential. Especially in the lower time frames.