Fibonacci Timing PatternThe Fibonacci Timing Pattern is a price-based counter that seeks to determine short-term and medium-term reversals in price action. It is based on the following set of conditions:
* For a bullish Fibonacci timing signal: The market must shape 8 consecutive close prices where each close price is lower than the close prices from 3 and 5 periods ago.
* For a bearish Fibonacci timing signal: The market must shape 8 consecutive close prices where each close price is higher than the close prices from 3 and 5 periods ago.
The signals of the pattern are ideally used in a sideways market or used in tandem with the trend (bullish signals are taken in a bullish market and bearish signals are taken in a bearish market).
Patterntrading
Seasonality ForecastSeasonality Forecast is an indicator that gives an expected return over a coming period by looking at the average return for the same period in history. By default the indicator will show the forecast return for the next 20 days based on the last 5 years of data, these settings are changeable by the user, with the ability to use 20 years of historical data to calculate a forecast. You can also specify in the indicator settings "Use Custom Time" to go back to a particular date in the past to look at the forecast return from that date forward.
Seasonality is all around us, with the weather, business cycles, product demand, and even in your own personal habits. Chances are what you're doing today is somewhat similar to the same date last year. Traders especially in the futures markets have long known about seasonality effects and have taken advantage of it in the commodity markets where seasonality is more apparent since many commodities are affected by significant demand, weather and supply patterns.
This indicator can be applied to all markets and should be used on the daily timeframe with 10 - 100 day forecasts, it is designed to be used as part of an overall trading process in order to add strength to entry signals. If you don't see a reading it's because the instrument you're looking at doesn't have enough historical data to calculate an average expected return, ideally you always want to use at least 5 years of historical data to calculate a seasonality forecast and the more history used the more robust the forecast is.
To get access to this indicator PM or email me to my address shown below.
Enjoy :)
Disclaimer: All my scripts and content are for educational purposes only. I'm not a financial advisor and do not give personal financial advice. Past performance is no guarantee of future performance. Please trade at your own risk.
Ultimate Pattern ScannerThis is a automatic scanner for well know patterns like Head and Shoulder to get started. I'm planning to add more patterns in the near future. It works as follows:
1. Is going to plot the pattern on the chart, lines in blue
2. Is going to show you the long entry or short entry bar, red or green triangles
3. It is possible to get an alert when there is a potential long or short entry depending on the pattern
For example: is going to give a possible entry when the price has broken the trend line of the two shoulders if we take the Head and Shoulder pattern as an example.
Please let me know in the comments if you would like to have more patterns.
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I have planned the release of a pro version with all the well know patterns for invite only users. Patterns like:
- All the harmonic patterns
- Triangles
- Elliot Waves impulses
- Double Top and Bottom
- Triple top and bottom
- Rising and Falling Wedge
- The cup and the handle, etc
- ABCD pattern
Let me know in the comments if you would be interested in something like this please. I'll appreciate your feedback.
thanks!
Historical Point and Figure BoxesThis indicator plots the last filled/completed Point and Figure block, overlaid onto any regular candles chart, for every historical candle.
The Pine security(pointfigure(...)...) function inappropriately associates the timestamps of both the "open" (start of column) and "close" (end of column) with the time at which the terminal reversal took place, which leads to invalid overlays when plotted over top of regular candles charts, regardless of barmerge.lookahead_on/off. This script solves that problem and plots each brick at the time it was confirmed.
V24: Released.
AP_PatternsSysCreator: Andrew Palladino
Date: 10/22/2017
Strategy Name: Pattern Classifier System.
Description:
The strategy automatically classifies common price patterns using price fractals an trades them with an ATR based risk management strategy.
The following patterns are currently supported:
Symmetrical Triangle Breakout Long or Short
Ascending Triangle Long
Descending Triangle Short
Ascending Wedge Short
Descending Wedge Long
Future releases will include:
Rectangle Breakouts Long and Short
Head and Shoulders Patterns
The user has the ability to turn on or off any combinations of the individual patterns above.
