This indicator will automatically detect all three types of triangle chart patterns, the symmetrical triangle, the descending triangle and the ascending triangle.
It will draw two trend lines of the triangle on chart when the pattern is formed.
Features:
- Drawing Triangle chart pattern for both realtime and historical data.
- Adjustable length of pattern legs.
- Using different combination of parameters, you can easily identify the Triangle pattern in short term, mid term and long term.
- It works on most of the time frames and chart types, including: minutes, daily, weekly, monthly, tick, renko, range, Heiken Ashi, etc.
- Adjustable length of extension lines.
- Switch for showing latest pattern only or show all history patterns found on chart.
- Select different sound alert files with switch.
- Editable trend line color.
The following image shows how alert works, whenever a Triangle pattern is detected you should be able to hear the alert sound. If the Alert log window is opened you can also see the alert message listed there.
It also comes with a standalone Market Analyzer script.
This Market Analyzer script is able to show when the latest Triangle Chart pattern formed within a given range.
The only input you need to pay attention is the "Range" input, it defines the number of bars used to check when the latest Triangle Chart pattern formed.
Make sure the "Range" input is less than "Bars to load" and "Max bar look bar" settings.
The following image is an example of how the Market Analyzer Column display.
Click an image to view at full size
           |
           |
||||
No comments:
Post a Comment