Carney Potencial Formations

The script is predicting potencial XABCD harmonic formation patterns on the chart.

Supported harmonic traiding formations:

• Gartley
  
• ButterFly
  
• Bat
  
• alt. Bat
  
• Crab
  
• Greate Crab
  
• Shark
  
• AB=CD
  
• 5-0
  
• Cypher
  

Precise description and knowledge you can get from the Harmonic Trading book series by Scott Carney.



Script with limited access, contact author to get authorization

This version is predict potencial formations in current data set only. There is a separate version that is showing formations in historical data.



Script settings:

Precision - How large deviations from the standard we accept
max points distance - How big patterns we are looking for.
Line color and width - To customize chart for your preferences
Show labels - You can pick format of formations labels.
Formation filter - you can pick only one formation from the list to be visible on the screen. Visible formation are marked on the result dialog by -> <- characters. (-1 - show all, 0 show nothing, 1 - show first formation, 2 - show second formation)

Troubleshooting:

TraidingView (! character):
Loop takes too long to execute (>500ms) - Change "max points distance" to smaller value.

In case of any problems, please contact the author of the script.

Release Notes:

Package of fixes and improvements:
- Formation filter
- Scanning and visualization improvements

Release Notes:

Update screenshot