BatPattern_ULTRA V1 - draws Bat Pattern inclusive alerts

2019年11月3日

HI BIG PLAYERS AROUND THE WORLD,

this script allow to draw automatically lines of Bat Pattern . The Bat 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 BatPattern_ULTRA V1 to give early signals. In the default settings, the signals are displayed with a blue background on the chart.

BatPattern_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 Bat Pattern represent waves only with 2 lines. This allows the indicator to detect far more Bat Pattern on the same chart.

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

Kind regards

NXT2017

2020年11月19日

版本注释

Update to V2

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

12月7日

版本注释

Update: Bat Pattern ULTRA [V6] – The 0.886 Sniper + Volume 🦇
Hello Big Players! 🌍

The Bat Pattern is often considered the most accurate of all harmonic patterns. Why? Because it demands a deep, precise retest of the X-point. It doesn't turn early; it goes for the "Sniper Entry" at the 0.886 Retracement.

I have updated the engine to Pine Script v6 and added the one thing that turns a geometric drawing into a valid trading setup: Volume Analysis.

🦇 What makes the "Bat" special?
Unlike the Gartley (which turns at 0.786), the Bat pattern allows price to retrace significantly deeper.

B-Point: Less than 0.618 of XA (typically 0.382 or 0.50).

D-Point (Entry): Strictly at the 0.886 retracement of XA. This creates a high Reward-to-Risk ratio because your stop loss can be very tight below X.

🔥 NEW in V6: Volume Verification
Just like in my other ULTRA tools, relying on lines alone is risky. You need to know if the market accepts the level.

Auto Volume Profile: The script now draws a Volume Profile exclusively over the pattern's range.

POC Detection: Watch the Red Line (Point of Control).

Bullish Bat: If the D-Point (0.886) aligns with a High Volume Node or the POC, you have strong institutional support.

Bearish Bat: If price rallies into the D-Point and hits a Volume Wall, it's a prime short.

⚙️ Full Feature List

• Fractal Scanner: Monitors 9 different swing sizes simultaneously (from scalping to swing trading).
  
• Live Dashboard: A stats panel shows you the current count of Bullish vs. Bearish Bats on your timeframe.
  
• Clean Charts: Smart history filtering prevents clutter and removes duplicate signals.
  
• No Repaint Logic: The pattern locks in once valid. The D-point is projected.
  

🚀 How to trade the Bat V6?
Wait for the "Bat" label.

Check the Orange Line (The 0.886 Target).

CRITICAL: Look at the Volume Profile. Is there volume activity at the D-Point?

Enter the sniper trade.

Some screenshots of this indicator:

12月7日

版本注释

*Update: change into english text