Daveatt

BEST ABCD Pattern Strategy

Hello traders

This is the strategy version of this script

I - Concept

I present to you, ladies and gentlemen, the first screener for harmonic patterns .
Starting with an ACBD pattern screener this time!!

I used the calculations from Ricardo Santo's script

In short, he's using fractals (regular or Bill Williams ) for the pattern calculations. A masterpiece !!!

II - Definitions

The ABCD pattern ( AB=CD ) is one of the classic chart patterns which is repeated over and over again.
The ABCD pattern shows perfect harmony between price and time.

The Williams Fractal is an indicator, developed by Bill Williams , that aims to detect reversal points (highs and lows) and marks them with arrows.
Up fractals and down fractals have specific shapes. The Williams Fractal indicator helps users determine in which direction price will develop

💎Strategy filters💎

I included some cool backtest filters:

- flexible take profit in USD value (plotted in blue)
- flexible stop loss in USD value (plotted in red)

The take profit and stop loss should work with Forex/FX pairs as well

All the BEST
Dave
Remove from Favorite Scripts Add to Favorite Scripts
⏩ Packages/Pricing: https://best-trading-indicator.com/pages/compare-plans

👉 BEST documentation: https://bit.ly/2urOkPO

💬 Discord: https://discord.gg/K6NCTX4

📺 Youtube: https://bit.ly/3bKvnZu

30💲 OFF TradingView ref: https://bit.ly/2SWgYBY

Comments

Thank you for sharing!
+1 Reply
Daveatt Zerohour
@Zerohour, my pleasure
Reply
great :) thx
+1 Reply
Daveatt mercacoin
@mercacoin, you're welcome
Reply
Wow - excellent !
+1 Reply
Daveatt syrinxflunki
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out