This indicator will automatically detect Broadening Formation chart pattern.
It will draw two trend lines of the Broadening Formation on chart when the pattern is formed.
Features:
Drawing Broadening Formation chart pattern for both realtime and historical data.
Adjustable length of pattern legs.
Using different combination of parameters, you can easily identify the Broadening Formation 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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