Harmonic Cypher

The indicator detects and displays Cypher harmonic pattern also known as Anti-Butterfly (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is complete, a potential reversal zone appears on the chart. The default settings are somewhat extended for a greater amount of patterns.

Parameters

zzDepth, zzDev, zzBack - ZigZag parameters
AB_min, AB_max - minimum and maximum ratio of AB and AX levels
CX_min, CX_max - minimum and maximum ratio of CX and AX levels
CD_min, CD_max - minimum and maximum ratio of CD and CX
bearColor - bearish pattern color
bullColor - bullish pattern color
CountBars - limit the amount of bars to be processed by the indicator (reduces the initial download time)
UseAlert - enable pop-up messages
UseNotification - enable push notifications
UseMail - enable email notifications
prefix - text label for indicator objects on a chart (enter various values for these parameters when applying several indicators to the chart)
MessageAdd - text line added to the notifications sent to indicators
ShowPreset - allow the pattern display during its formation