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Horn shaped top or bottom MT5

An indicator of patterns #28 and #29 ("Horn bottoms" and "Horn tops") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski.

Parameters:

  • Alerts - show alert when an arrow appears  
  • Push - send a push notification when an arrow appears (requires configuration in the terminal)
  • BarsInsideFrom - minimum number of bars between the tops
  • BarsInsideAdd - the number of bars between the tops can be in the range from BarsInsideFrom to
  • BarsInsideFrom+BarsInsideAdd-1. If the value is -1, the number of bars can be any no less than BarsInsideFrom
  • K1 - an additional parameter that influences the accuracy of pattern shape recognition
  • K2 - an additional parameter that influences the accuracy of pattern shape recognition
  • ArrowType - a symbol from 1 to 17
  • ArrowVShift - vertical shift of arrows in pixels.
Note. Arrows appear on a forming bar and can disappear during bar formation. Notification (Alerts and Push) are generated based on a formed bar.

It cannot be guaranteed that the indicator recognizes the patterns exactly as implied by the author.

Recommended optimization parameters: BarsInsideFrom, BarsInsideAdd, K1, K2.

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An indicator of patterns #50 and #51 ("Triple Bottoms", "Triple Tops") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition. The smaller the value is, the smoother the row of peaks/valleys should be, so fewer patterns will
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An indicator of patterns #28 and #29 ("Horn bottoms" and "Horn tops") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) BarsInsideFrom - minimum number of bars between the tops BarsInsideAdd - the number of bars between the tops can be in the range from BarsInsideFrom to BarsInsideFrom+BarsInsideAdd-1. If the value is -1, the number of
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An indicator of pattern #31 ("Long Island") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) GapSize - minimum gap size in points ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   ShowLevels - show levels ColUp - color of an upward line ColDn - color of a downward line   Auto5Digits - automatic multi
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An indicator of patterns #37 and #38 ("Rectangle Tops" and "Rectangle Bottoms") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period VertexCount - the number of tops and bottoms: 2, 3, 4.   ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   ShowLevels - show levels ColUp - colo
An indicator of patterns #11 and #12 ("Diamond Tops" and "Diamond Bottoms") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points  Note. Arrows
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The indicator determines Dragon pattern. It is based on the zigzag. There is buffer 0 which has no color located in the Colors tab. You will see the zigzag if you set it to some color.  The indicator draws an up arrow when it detects a pattern which assumes further upward movement of the indicator. Similarly, the indicator draws a down arrow when it detects a pattern which assumes further downward movement of the indicator. Parameters: Alerts - show alert when an arrow appears. Push - send a pus
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Version 1.2 2021.10.03
Removed unused parameters from properties window