Trading ABC

Hello Traders,

For a few months I have been getting requests from my followers about ABC pattern and finally I decided to make this indicator.

How it works?

- It creates Trend Cloud using Simple and Exponential moving averages with the lenghts 50, 100, 150, 200, 20, 40 by default and checks the trend. you can change the lengths as you wish
- It also creates ZigZag using the ZigZag Period in the options.
- Using last 2 zigzag waves it checks if there is suitable ABC pattern according the Trend, the Min/Max Fibonacci levels and Error Rate
- Then it check if the price bounces after this ABC pattern
- And if all these conditions met then it plot triangle
- If there are multiple bouncing then you can see multiple triangles

You can change/set;
- Zigzag Period
- Fibonacci Max level
- Fibonacci Min Level
- Error Rate
- The Lengths that are used for Moving Averages
- Keeping old ABC lines/labels
- Show Zigzag and min/max Fibonacci levels
- Show Trend Cloud
- and colors

if you don't want to see old ABC lines/labels you can disable it:

if you don't want to see Trend Cloud you can disable it:

Zigzag and Fibonacci levels:

P.S. if you have new ideas to improve this indicator then let me know please. We together can do this life easier!

版本注释: fixed ABC label positions

本着真正的TradingView精神,该脚本的作者将其开源发布,因此交易者可以理解和验证它。为作者加油! 您可以免费使用它,但是在发布中重复使用此代码受网站规则的约束。您可以收藏它以在图表上使用。



Thank you for the magic!
500 代币
+5 回复
LonesomeTheBlue Meowella7777
@Meowella7777, Thank you!
+1 回复
500 代币
+3 回复
@PineCoders, Thanks!
+2 回复
500 代币
+2 回复
@robbenmu, Thank you!
+1 回复
comment is already posted below
500 代币
+2 回复
@NinjaNew, Thank you!
+3 回复
great again! Best greetings from Germany.
100 代币
+2 回复
LonesomeTheBlue Mustermann84
@Mustermann84, Thanks :)