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IPatterns

Indicator iPatterns.ex5 detects 8 different classes of volatility patterns.

DD, SD, RD, SSD are the so-called "bottoms".
DV, SV, RV, SSV are "peaks".

User can set up an Alert to be notified about a new pattern detected.

Parameters 'Pattern maximal height' and 'Pattern minimal height' work
as filters.

'iBB period' and 'iBB deviation' parameters regulate performance of
BollingerBands indicator - it provides one of the signals
forming already mentioned above 8 patterns.

iPatterns.ex5 is part of TS_DayTrader trading system - check out our blog on MQL5.

---

Author: Alexey Grebyonkin[RU],
Main Software Engineer: Viktor Kokotin[RU],
Prototyp und Berater bei der System Entwicklung: Alexander Krutsch[DE]

iPatterns 4.53, released on Aug 16 2022.
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Aleksei Grebenkin
iFrankenstein - an essential part of TS_DayTrader trading system( Frank.ex5 / Franken.ex5 / Frankenstein.ex5 ). The indicator provides with 10 pattern-based signals. For each of the 10 patterns there's a number of internal indicators and filters used: Fractals KeyLevels RSI Divergences BollingerBands ATR Technical Pocket Pattern-specific volatility filters The first 30 buffers of the indicator export a signal that consists of TakeProfit, StopLoss, Price values, for each of the 1
IRSI Divergences
Aleksei Grebenkin
Signal provider based on RSI Divergences from a higher timeframe. First 3 buffers export a signal. Timeframe for which divergences are detected is optional, see 'RSI divergences timeframe' parameter. The indicator uses different algorithms for divergences detection: 'Fast' algorithm is the simplest solution that works the fastest. 'Strict' algorithm filters out more noise but works slower than the previous one. 'Full' algorithm uses recursive functions and provides with lots of d
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