The “Graphic Patterns indicator ” for ProRealTime, allows you to view 10 graphic patterns simultaneously. It is of great help especially for Day Trading.
The Graphic Patterns indicator 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
- Quasimodo Pattern
- 2b Pattern
- Harmonic pattern – Gartley
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.
HOW IT WORKS:
The search for the Pattern can be done using the following parameters of the Fractal point indicator:
Interface of the Graphic patterns 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!
- ZigZagLine: Show Fractal indicator to set up dimension of the pattern rapidly
- CupHandle: Enable detection of Cup with Handle Pattern
- OblieHandle. Enable oblique segment for Cup and Handle BreakOut
- DoubleTopBottom: Enable detection of Double Top/Double Bottom Pattern
- TripleTopBottom: Enable detection of Triple Top/Triple Bottom Pattern
- HeadShoulders: Enable detection of Head and Shoulders Pattern
- Swing123: Enable detection of 123 swing trading Pattern
- WolfWaves: Enable detection of Wolf Waves Pattern
- AbCd: Enable detection of Ab=Cd Pattern
- ShowAbcd: Show ABCD pattern of the harmonic pattern
- Quasimodo: Enable detection of Quasimodo Pattern
- TwoB= Enable detection of 2B Pattern
- Gartley= Enable detection of Gartley Pattern
- RetracePTn: Show retracement level range of the pattern
- Trading Rules: Plot on the Graph the levels of “entry”, “Stop loss”, “Take Profit”
- View: Increases the visibility of the head and shoulders
HOW TO ADD INDICATOR ON PRICE CHART:
HOW TO SET SCALE OF PRICECHART:
ADVANTAGES OF THE PACKAGE
Graphic patterns indicator: Detect 10 classic patterns and plot them on the graph.
Graphic Patterns Scanner: Detect 10 classic pattern in all time frame simultaneously.
Graphic Patterns Screener: ProsSreener find pattern signal in your prefered markets and timeframes.
- If you have already bought one of these indicators, ask for the discount in compensation
- LIFETIME LICENSE
Francis roche (verified owner) –
Very good indicators, I personnally purchased, Robotrade and Graphic Patterns, they are pretty accurate and helpfull in my day trading, and also on my swings on higher time frame.