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Complex head and shoulders

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Demo downloaded: 117

Published: 21 August 2014

Current version: 1.1

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Complex head and shoulders

Indicators
Dmitry Fedoseev
Version: 1.1
Updated: 19 June 2021
Activations: 5

An indicator of patterns #24, #25, #26 and #27 ("Head and Shoulders", "Complex Head and Shoulders") 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 be recognized
Head1 - with one head (normal "Head and Shoulders")
Head2 - with two heads
Head3 - with three heads
Head4 - with four heads
Head5 - with five heads
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 multiplication of ArrowVShift by 10 when working with 5 and 3 digit quotes.

Note. Arrows appear on a forming bar and do not disappear.

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

Recommended optimization parameters: PeriodBars, K, different combinations of parameters Head1 - Head5.

more...

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Copier for the MetaTrader4 terminal. Designed to copy trade from one terminal to another. Compatible with the version for the MetaTrader5 terminal; if available, copying can be performed between different terminals (regardless of the type of accounts: hedging or netting). The number of accounts to which copying is possible is not limited (depends only on the computing power of your computer). Directions for copying the version for MetaTrader 4 together with the version for MetaTrader 5: MT5 Net

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An indicator of pattern #55 ("Dead cat bounce, inverted") 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 GapSize - minimum gap size in points ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points Auto5Digits - automatic multiplication of GapSize and ArrowVShift by 10 whe

An indicator of patterns #9 and #10 ("Cup with handle") 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 K1 - an additional parameter that influences the accuracy of recognition and pattern shape (the lower the value, the smoother the cup edge is) K2 - an additional parameter that influences the accuracy

An indicator of patterns #13 - #20 ("Double Tops" and "Double Bottoms", types Adam-Adam, Adam-Eva, Eva-Adam, Eva-Eva) from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Adam - sharp tops/bottoms, Eva - flat ones. 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 smalle

An indicator of patterns #2 and #3 ("Broadening formation right-angled and ascending" and "Broadening formation right-angled and descending") 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, t

An indicator of patterns #1 and #4 ("Broadening Tops" and "Broadening Bottoms") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Version 1: bottom, top, bottom, top, top breakout. Version 2: top, bottom, top, bottom, top breakout. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) Variant1 - show version 1 of the pattern Variant2 - show version 2 of the pattern PeriodBars - indicat

An indicator of patterns #5 and #6 ("Wedges, ascending, broadening" and "Wedges, descending, broadening") 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 ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points ShowLevels - show levels ColUp - color of arrow up СolDn - color

An indicator of patterns #52 and #53 ("Falling/rising wedges") 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 ShowLevels - show line

An indicator of patterns #21, #22, #23 ("Flag") 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 - period in bars K - an additional parameter that influences the accuracy of pattern shape recognition. The influence of the parameter will be visible if not all of the pattern variants are enabled (not all three parameters Expandin

Gap indicator (pattern #23) 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 Auto5Digits - automatic multiplication of GapSize and ArrowVShift by 10 when working with 5 and 3 digit quotes. Note. Arrows appear at t

An indicator of pattern #30 ("Island Reversal") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski (two gaps, the second gap is in the direction of the first one). 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 lin

An indicator of patterns #24 and #26 ("Head and Shoulders") 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 ShowLevels - show levels Co

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

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

An indicator of pattern #31 ("Long Island") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. The second gap is in the opposite direction. 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

An indicator of patterns #32 and #33 ("Measured Move Up/Down") 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 MinMovment - minimum movement value (in points) BackMovment - maximum value of return movement (as decimals) ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points Sh

An indicator of patterns #35 and #36 ("Pipe bottoms" and "Pipe 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 - An indicator period (number of bars that form a top/a bottom) K1 - an additional parameter that influences the accuracy of pattern shape recognition K2 - an additional parameter that influences the accurac

An indicator of patterns #7 and #8 ("Bump-and-Run" and "Bump-and-Run Reversal") 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 - Character: from 1 to 17 ArrowVShift - vertical shift of arrows in points Show

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

An indicator of patterns #39 and #40 ("Rounding Tops" and "Rounding 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. Changes from 0 to 1 ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows

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