The indicator determines and displays on the chart a harmonious pattern of 3 Movements (3 Drives), according to the scheme shown in the screenshot. The pattern is selected by the vertices of the ZigZag indicator (included in the resources, does not require additional installation). At the moment of pattern recognition, a message is displayed in a pop-up window, and alerts are sent to the mobile device and email mailbox. The indicator highlights not only the completed shape, but also the moment of its formation. At the formation stage, the shape is displayed as contour triangles. After the figure is finally formed, the potential reversal zone is displayed on the chart. The basic proportions of the shape are set in the parameters. The intermediate values of the relations are calculated proportionally. A tolerance (CD_accuracy) has been added to the parameters, which determines the accuracy of the cd/bc relationship. For example, if the calculated value of cd/bc = 1.0 and a tolerance of 0.1 is set, the program will use the range 0.9 .. 1.1
Parameters
- zzDepth, zzDev, zzBack-ZigZag indicator parameters
- AB_min, AB_max – minimum and maximum ratio of AB and AX levels
- CD_min, CD_max – minimum and maximum ratio of CD and BC levels
- CD_accuracy-tolerance of the cd/bc ratio
- bearColor – the color of the bear shape
- bullColor – the color of the bullish figure
- CountBars-limit the number of bars to be processed by the indicator (reduces the initial loading time)
- UseAlert-allow pop-up messages
- UseNotification-allow push notifications
- UseMail-allow email notifications
- prefix-a text label for the uniqueness of the indicator objects on the chart (when installing several indicators on the chart, you must enter different values in these parameters)
- MessageAdd – a text string that is added to alerts sent to indicators.
- ShowPredict-allow displaying the pattern at the stage of its formation