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Auto Harmonic Terhal

Auto Harmonic Terhal is an advanced harmonic pattern recognition indicator designed to identify a wide range of harmonic patterns and their corresponding Fibonacci retracement levels. This tool is equipped with all major harmonic patterns, including the Gartley, Bat, Crab, DeepCrab, Butterfly, and Shark patterns, along with their precise Fibonacci ratios derived from Scott Carney's Harmonic Trading framework.
Key Features:
Harmonic Patterns: The indicator supports all the essential harmonic patterns, each accompanied by their unique Fibonacci retracement levels, such as 0.382, 0.500, 0.618, 0.786, 0.886, 1.13, 1.618, and 1.902. These ratios are based on Scott Carney's studies.
Predictive and Conventional Usage: The Auto Harmonic Terhal can be used in two ways:
-Predictive: Traders can anticipate harmonic patterns before they are fully formed, allowing them to set up trades in advance.
Conventional: The indicator confirms patterns once they appear, making it a useful tool for pattern validation.
-Accurate Targets: Once a pattern is identified, the indicator displays target levels based on correct Fibonacci ratios, helping traders to locate potential price reversal points and profit targets.
Multi-Zigzag Functionality: The indicator scans for patterns across multiple zigzag configurations, enhancing the detection of different harmonic structures without limiting itself to a single timeframe or zigzag structure.
Fibonacci Ratios for Patterns:
Gartley: XA retracement 61.8%, AB between 0.618 and 0.786, CD 1.272 extension.
Bat: XA retracement 50%, AB 38.2% to 50%, CD 88.6%.
Crab: XA retracement 38.2%, CD extension 161.8%.
Deep Crab: XA retracement 88.6%, CD extension 161.8%.
Butterfly: XA retracement 78.6%, CD extension 127% to 161.8%.
Shark: AB 113% to 161.8%, CD 88.6%.
This indicator serves as a crucial aid for harmonic pattern analysis and supports an essential form of technical analysis. However, it does not recommend buying or selling or making any trade decisions directly. It is meant to assist in harmonic analysis for traders, providing a framework for understanding market reversals and structure.
Note: The tool is intended as a technical analysis assistant and does not provide direct buy or sell signals.
Key Features:
Harmonic Patterns: The indicator supports all the essential harmonic patterns, each accompanied by their unique Fibonacci retracement levels, such as 0.382, 0.500, 0.618, 0.786, 0.886, 1.13, 1.618, and 1.902. These ratios are based on Scott Carney's studies.
Predictive and Conventional Usage: The Auto Harmonic Terhal can be used in two ways:
-Predictive: Traders can anticipate harmonic patterns before they are fully formed, allowing them to set up trades in advance.
Conventional: The indicator confirms patterns once they appear, making it a useful tool for pattern validation.
-Accurate Targets: Once a pattern is identified, the indicator displays target levels based on correct Fibonacci ratios, helping traders to locate potential price reversal points and profit targets.
Multi-Zigzag Functionality: The indicator scans for patterns across multiple zigzag configurations, enhancing the detection of different harmonic structures without limiting itself to a single timeframe or zigzag structure.
Fibonacci Ratios for Patterns:
Gartley: XA retracement 61.8%, AB between 0.618 and 0.786, CD 1.272 extension.
Bat: XA retracement 50%, AB 38.2% to 50%, CD 88.6%.
Crab: XA retracement 38.2%, CD extension 161.8%.
Deep Crab: XA retracement 88.6%, CD extension 161.8%.
Butterfly: XA retracement 78.6%, CD extension 127% to 161.8%.
Shark: AB 113% to 161.8%, CD 88.6%.
This indicator serves as a crucial aid for harmonic pattern analysis and supports an essential form of technical analysis. However, it does not recommend buying or selling or making any trade decisions directly. It is meant to assist in harmonic analysis for traders, providing a framework for understanding market reversals and structure.
Note: The tool is intended as a technical analysis assistant and does not provide direct buy or sell signals.
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除非您完全信任其作者并了解脚本的工作原理,否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
direct message "tradingview ".. thank you
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情,请按照以下作者的说明操作,或直接联系Bit_Terhal。
除非您完全信任其作者并了解脚本的工作原理,否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
direct message "tradingview ".. thank you
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。