Indicators: Three Indians

 

Three Indians:

Detection of a pattern "three Indians" on the basis of the ZigZag.

Author: Денис Орлов

 
Congratulations, clever coding!
 
Thanks.
I has fixed a small error. The file will be updated after a check of the moderator.
 

Hi, Denis Orlov

You are great! Please give me more the pattern "three Indians" concept in details since I can not find out those on internet. Thanks a lot.

 

hi denis this is a good idea but it need to place a line on the alternate peaks too (other side of one in diagrams) or at least a line parallel, or channel, if basis cannot be changed to alertness side peaks

thanks, here to discuss if needed...

marga

 

good job.......nice

thank you.... 

 
Really cool to see someone try an make an indicator for this. I've been searching. I have my own way to trade these that works VERY well. Unfortunately on the example you show, there is only 1 correct pattern. It's the 2nd green line from the right. I know this is an old indicator but if you would like to talk and expand this indicator slightly then maybe we could make something great. 
 
If you add divergence for the third touch as confluence this could really make a difference and improve on cleaner signals
Reason: