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Measured movement

An indicator of patterns #32 and #33 ("Measured Move Up/Down") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski.


  • 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  
  • ShowLevels - show levels
  • ColUp - color of an upward line
  • ColDn - color of a downward line

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, MinMovment, BackMovment.

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