OPEN-SOURCE SCRIPT
Updated N Pattern
English:
-N Pattern is a trend-following indicator that combines VIDYA (Variable Index Dynamic Average) with ATR bands to identify market direction, enhanced by pivot-based liquidity zones and dynamic N-shaped candlestick patterns.
-The indicator detects specific multi-leg price formations where the market trends, retraces, and resumes direction, all filtered by EMA 750 for higher timeframe confluence.
-It includes stochastic-based candle coloring, volume delta analysis, and visual alerts for pattern completion, making it ideal for identifying high-probability trend continuation setups.
-N Pattern è un indicatore trend-following che combina VIDYA (Variable Index Dynamic Average) con bande ATR per identificare la direzione del mercato, arricchito da zone di liquidità basate su pivot e pattern dinamici a forma di N.
-L'indicatore rileva specifiche formazioni di prezzo multi-leg dove il mercato fa trend, ritraccia e riprende la direzione, il tutto filtrato dall'EMA 750 per confluenza su timeframe superiori.
-Include colorazione delle candele basata sullo stocastico, analisi del delta volume e alert visivi al completamento dei pattern, rendendolo ideale per identificare setup ad alta probabilità di continuazione del trend.
-N Pattern is a trend-following indicator that combines VIDYA (Variable Index Dynamic Average) with ATR bands to identify market direction, enhanced by pivot-based liquidity zones and dynamic N-shaped candlestick patterns.
-The indicator detects specific multi-leg price formations where the market trends, retraces, and resumes direction, all filtered by EMA 750 for higher timeframe confluence.
-It includes stochastic-based candle coloring, volume delta analysis, and visual alerts for pattern completion, making it ideal for identifying high-probability trend continuation setups.
-N Pattern è un indicatore trend-following che combina VIDYA (Variable Index Dynamic Average) con bande ATR per identificare la direzione del mercato, arricchito da zone di liquidità basate su pivot e pattern dinamici a forma di N.
-L'indicatore rileva specifiche formazioni di prezzo multi-leg dove il mercato fa trend, ritraccia e riprende la direzione, il tutto filtrato dall'EMA 750 per confluenza su timeframe superiori.
-Include colorazione delle candele basata sullo stocastico, analisi del delta volume e alert visivi al completamento dei pattern, rendendolo ideale per identificare setup ad alta probabilità di continuazione del trend.
Release Notes
New Version 1.1-Better N Pattern configuration (1,3,1)
-New Alerts
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.