This indicator will automatically detect Bearish Flag chart pattern.
It will draw two trend lines of the Bearish Flag on chart when the pattern is formed.
A video demo of how Auto Bearish flag chart pattern indicator works in realtime, please note that I used a 50x fast forward during the recording.
Features:
Drawing Bearish Flag chart pattern for both realtime and historical data.
Adjustable length of pattern legs.
Using different combination of parameters, you can easily identify the Bearish Flag 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.
Click an image to view at full size.
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