ABC 123 Harmonic Ratio Custom Range Interactive

This indicator was designed based on Harmonic Trading : Volume One written by Scott Carney.
This is about harmonic ratios which expanded through retracement and projection.
Derivation is pretty much explained here such as Primary, Primary Derivation, Secondary Derivation and Secondary Derivation Extreme.
Derivation value depends on minimum retracement or maximum projection.
This derivation value utilize Fibonacci value which later expand to Harmonic Ratio.

Inspired by design, code and usage of CAGR . Basic usage of custom range / interactive, pretty much explained here. Credits to TradingView.
This build is based and visualized upon Harmonic Trading Ratios.
This build also was stripped down from XABCD Harmonic Pattern Custom Range Interactive.

Scott Carney, Harmonic Trading : Volume One (Page 18)

Table can positioned by any position and font size can be resized.
Labels can be either changed to alphabets or numbers.

Draw points from Point A to Point C.
Dont worry about magnet, point will attached depends on High or Low of the candle.

█ USAGE / TIPS EXAMPLES (Description explained in each image)


本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!您可以免费使用它,但在出版物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。