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Complex head and shoulders

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index patterns #24, # 25, # 26 as well as # 27 (“mind and shoulders”, “complex head and shoulders”) from also the book by Thomas N. Bulkovsky “The Complete encyclopedia of graphical cost models”. 

Parameters:

  • alarms-Enable alerts when an arrow appears  
  • Push-Sending a Push notification when an arrow appears (requires configuration in the terminal)
  • PeriodBars – an indicator Period
  • K is another parameter that affects the accuracy of recognition and the form of the layout. The lower the value, the more evenly the peaks/troughs should be placed in a row, and the less frequently the pattern will occur
  • Head1 – with a single head (normal ” Head and Shoulders”)
  • Head2 – With two heads
  • Head3 – With three heads
  • Head4 – With four heads
  • Head5 – With five heads  
  • arrowtype-Icon: from 1 to 17
  • arrowvshift – Vertical shift of icons in points  
  • showlevels – Show levels
  • colup – Color of lines up
  • coldn – Color of the lines down
  • auto5digits-Automatic multiplication of arrowvshift by 10 when working on 5-and 3-digit quotes.

Note. Arrows appear on the forming bar, but do not disappear after appearing.  

Note. Arrows appear on the forming bar, but do not disappear after appearing.  

[spoiler title=”Read More…”]

There is no guarantee that the indicator recognizes the pattern exactly as the author of the book intended.

Parameters recommended for optimization: periodbars, K, and various combinations of parameters: Head1 – Head5.

[/spoiler]

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