SharkPattern_ULTRA V1 - draws Shark Pattern inclusive alerts

2019年11月3日

HI BIG PLAYERS AROUND THE WORLD,

this script allow to draw automatically lines of Shark Pattern. The Shark Pattern is part of Harmonic Pattern.

Parallel to the automatic drawing, the indicator can give signals as soon as the typically Fibonacci extension immediately reached or has been reached. This allows the indicator SharkPattern_ULTRA V1 to give early signals. In the default settings, the signals are displayed with a blue background on the chart.

SharkPattern_ULTRA V1 is offered for sale. More information can be found below in the signature.

However, anyone can test this indicator for once without any registration in a 3 day trial. You can request access with a simple message to me.

Another trial of 7 days is included in the offer on my website - before the first payment will done.

In the settings it is possible to change the degree of details. This is sometimes necessary because TradingView limited only 55 lines per indicator in Pinescript Version 4.

In extreme cases it is therefore possible to change the settings that the Shark Pattern represent waves only with 2 lines. This allows the indicator to detect far more Shark Pattern on the same chart.

For more great indicators everyone is invited to follow me on TradingView.

Kind regards

NXT2017

2020年11月23日

版本注释

Update to V2

• fixed bugs relate to overdrawing issue
  
• choose yourself the size you want see
  

6天前

版本注释

This is the Shark Pattern ULTRA V6 edition. The Shark pattern is a unique 5-point harmonic structure (0-X-A-B-C) dependent on a specific Fibonacci structure where point C extends beyond the starting point A (unlike Gartley or Bat patterns). This script scans for these patterns automatically across multiple pivot lengths to find high-probability reversal zones.

Key Features in V6:

• Multi-Pivot Scanning: Detects Shark patterns using 9 different pivot lengths (from 5 to 233) simultaneously.
  
• Shark Specific Logic: Validates the structure where Point C extends beyond Point A.
  Calculates the Target (D) primarily at the 0.886 retracement of XC.
  
• Integrated Volume Profile: Automatically draws a Volume Profile (VPVR) specifically for the pattern range to identify the Point of Control (POC).
  
• Smart Filtering: Includes a history check to prevent repetitive signals for the same price action.
  
• Statistics Dashboard: A real-time table showing the count of bullish and bearish patterns found per size.
  
• Dynamic Alerts: Fully customizable alerts with visual background coloring.
  

How to trade the Shark:
The Shark is often a pre-cursor to a 5-0 pattern, but traded as a standalone reversal.

• Bullish: The "M" shape structure. Buy at Point D (0.886 XC).
  
• Bearish: The "W" shape structure. Sell at Point D (0.886 XC).
  

Disclaimer: This indicator is for educational purposes only.