OPEN-SOURCE SCRIPT
Обновлено 123 Trend Continuation Pattern
This simple indicator will help identify the 123 Patterns on the charts. It's build based on the zigzag indicator, which will work as a guideline to identify the 3 points. As soon as the price crosses the third point, the indicator will draw 3 lines: entry, take profit, and stop loss. Those lines will work as a reference and may help with other indicators. This kind of analysis will work on any time frame and symbol, but those markets that have high volatility may have better result
Информация о релизе
- Converted to pine script 5
- Fixed some texts
- Added alert condition
Информация о релизе
Added max lines and max labels to show more details on past dataИнформация о релизе
Removed max bars back parameterAdded the option to change the text size
added the option to change the take profit and stop loss levels colors
added an option to use close value of the candle instead of the high/low values
added alerts when the price crosses the latest take profits and stop losses
added the values on the take profits, stop losses and entries labels
Скрипт с открытым кодом
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Отказ от ответственности
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Скрипт с открытым кодом
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Отказ от ответственности
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.