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Automatically identify chart patterns using built-in indicators

Education
AMEX:XSD   SPDR S&P Semiconductor ETF
Hey everyone! 👋

⚠️ Before we get started, please know the information about expected price targets provided by Auto Chart Patterns isn't a recommendation for what you should personally do. Do not take this data as investment advice. It should only be used for education and research. As with any trade, always look first and then leap. Read more in the Terms of Use.

That being said, let's get into it.

This chart showcases a few of the Automatic Chart Patterns indicators recently announced in this blog post. If you are a technical trader who relies on chart patterns to make trading decisions and hold a Premium TradingView plan, check them out. They automatically identify these popular technical setups:


​Bearish and ​Bullish Flags
Double Bottom
Double Top
Elliot Wave
Head and Shoulders
Inverse Head and Shoulders
​Bearish and ​Bullish Pennants
Rectangles
Triangles
Triple Bottom
Triple Top
Falling and Rising Wedges

You can add the indicators to your chart from the "Indicators, Metrics & Strategies" search window by selecting "Patterns" from the "Technicals" tab in the left pane and choosing an indicator from the list:


Once you have selected a chart pattern, the indicator will automatically draw it on the chart for you when it detects the pattern.

The chart pattern indicators are easy to use and customize. You can ​alter the pattern detection criteria and visible attributes like color, line thickness, and style of the lines.

We hope you enjoy these new indicators.

— Team TradingView ❤️

Get $15 worth of TradingView Coins for you and a friend: www.tradingview.com/share-your-love/

Read more about the new tools and features we're building for you: www.tradingview.com/blog/en/
Disclaimer

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.