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YFX Wing Patterns

The Wing Patterns indicator scans for many different kinds of Patterns using an XABCD structure. The term Wing Pattern is used to refer to all types of patterns based on a general XABCD structure, which is plotted in an alternate high-low extreme form.

In other words, assume that point X is started at a low point on the chart. The point A is plotted at the next highest point within a certain number of bars. This certain number of bars is called the depth level. In this example, point B would be plotted at the next lowest point for a particular depth. Following the flow, point C is at next high and point D is at the next low. If you connect these points on a chart, it usually looks like the wings of a butterfly, thus the name Wing Pattern.

These patterns fit very well with the Harmonic patterns. There are many patterns that can be displayed in this indicator. Predefined patterns include the following:

  • Gartley.
  • Pattern 5-0.
  • AB=CD.
  • Bat.
  • Butterfly.
  • Crab.
  • Cypher.
  • Deep Crab.
  • Shark.
  • Three Drives.
  • Wolf Wave.

Other patterns that can be searched are stored in an external file. Users can also define their own patterns by adding lines of data to the external file. Note that patterns can be changed or removed from the external file.

A user control panel is shown on the chart that allows users to control the display of identified patterns. Users can turn on/off the desired patterns. All control panel parameters can be set by the users.


Parameters

The Wing Patterns indicator has many configurable parameters. This allows for all aspects of the indicator to be changed for the user’s preferences. By default, the indicator is designed to work without any configuration required. The parameters are divided into the following categories:

  • Yancy Indicator Parameters - Control the overall functionality of the indicator.
  • Wing Pattern Basic Parameters - Control how the indicator is calculated and used.
  • Factor Parameters - Set global constant values used throughout the Wing Patterns indicator.
  • Search Pattern Parameters - Control which patterns are analyzed and search during pattern analysis.
  • Custom Pattern Parameters - Control how user-defined patterns are treated.
  • Wolfe Wave Parameters - Configure how the Wolfe Wave patterns are managed in the indicator.
  • Fibonacci Parameters - Configure how Fibonacci retracements are managed.
  • Size Parameters - Configure the size of lines used to draw patterns on the chart.
  • Font Parameters - Manage the fonts used in the indicator.
  • Color Parameters - Colors can be strongly preferred by users. The Wing Patterns indicator allows all colors to be changed according to each user’s preference. The specific colors do not change the underlying calculations of the indicator.
  • Button Parameters - configure how control panel GUI objects are managed in the indicator.
  • Display Parameters - Control how wing patterns are displayed on the chart.
  • Signals Parameters - Manage how trade signals are treated by the indicator.
  • Message Parameters - Determine how the indicator notifications are conveyed to the user. There are several options and the user can select which ones to use at any time. Multiple options can be enabled simultaneously.
  • Quiet Time Parameters - Control when notification messages are conveyed to the user. Parameters in this section specify a time period when all notifications are disable. Settings in this section override the message parameters and alert parameters. No notification will be sent during quiet time.
  • Message Info Parameters - Configure if internal statistics are maintained by the indicator. The information is generally not needed by the user. Thus, it is recommended to leave the options disabled.
  • Debug Parameters - Debugging can be configured with the parameters in this section. Debugging would cause a great number of messages to be generated if enabled. It is highly recommended to leave debug disabled.

It should be noted that the user does not have to change any parameters for the indicator to work. All parameters have default values that have the lowest impact on the indicator and user. The Wing Patterns indicator is designed to work perfectly by just placing it on a chart.

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5 (1)
Indicadores
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4.41 (34)
Indicadores
NEW YEAR SALE PRICE FOR LIMITED TIME!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before pu
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5 (1)
Indicadores
Presentamos ON Trade Waves Patterns Harmonic Elliot Wolfe, un indicador avanzado diseñado para detectar diversas formas de patrones en el mercado mediante métodos tanto manuales como automáticos. A continuación, te explicamos cómo funciona: Patrones Armónicos: Este indicador puede identificar patrones armónicos que aparecen en tu gráfico. Estos patrones son esenciales para los traders que practican la teoría del trading armónico, tal como se popularizó en el libro de Scott Carney "Harmonic Tradi
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3 (2)
Indicadores
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange,   XQ Forex Indicator   empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The
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4.88 (33)
Indicadores
¡ACTUALMENTE 20% DE DESCUENTO ! ¡La mejor solución para cualquier operador novato o experto! Este indicador está especializado en mostrar la fuerza de la divisa para cualquier símbolo como Pares Exóticos, Materias Primas, Índices o Futuros. Es el primero de su clase, cualquier símbolo se puede añadir a la 9 ª línea para mostrar la verdadera fuerza de la moneda de Oro, Plata, Petróleo, DAX, US30, MXN, TRY, CNH etc. Se trata de una herramienta de trading única, de alta calidad y asequible por
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4.84 (25)
Indicadores
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5 (4)
Indicadores
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Indicadores
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Indicadores
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Indicadores
Este indicador analiza cada barra en busca de presión de compra o venta e identifica 4 tipos de patrones de velas con el volumen más alto. Estas velas luego se filtran utilizando varios filtros lineales para mostrar señales de compra o venta. Las señales funcionan mejor, junto con una dirección de marco de tiempo más alta y cuando se negocian durante horas de alto volumen. Todos los filtros son personalizables y funcionan de forma independiente. Puede ver señales de una sola dirección con el cli
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Richard Yancy
Indicadores
Overview This is a very simple indicator that displays the relative strength values of the currencies on te current chart and timeframe. The strength is only calculated for the currencies: AUD - Australian Dollar CAD - Canadian Dollar CHF - Swiss Franc EUR - European Union Euro GBP - Great Britain Pound JPY - Japanese Yen NZD - New Zealand Dollar USD - United States Dollar These are considered the major currencies in the world. There are 28  distinct combinations of major currency pairs. Other
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Richard Yancy
Indicadores
The YFX Symbol Data indicator is used to display all the information about the current chart symbol. The indicator makes it easy to examine much more information than just the bid/ask price. Information is categorized as follows: Basic Information - The most generic information about a symbol. It includes the symbol name, bid/ask prices, and spread data. It also includes the low price and high price reached during the current period. Timeframe Information - More details about the current timefra
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Richard Yancy
Indicadores
The Advanced EMA indicator implements an exponential moving average with many additional features. First, EMA is color-coded to indicate distance between the price and EMA. This Advanced EMA has many features and configurations that set it far above standard EMA indicators used most platforms. There are 3 types of indications in the indicator. The EMA is color-coded. Secondly, cross points of price and EMA are marked. Thirdly, BUY/SELL signals are shown.‌ Color-coding the EMA allows you to easil
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Richard Yancy
Indicadores
The Zones indicator provides a visual display of the boundaries around a price action. There are two types of zones included in the indicator: High-Low price zones Time period zones (delineations) High-Low price zones display the boundaries of the High and Low price points. Typically, these zones are displayed for the High and Low price of the day. Time period zones display boundaries around time period intervals. PARAMETERS Yancy indicator IndicatorName – indicator name displayed in the char
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Richard Yancy
Indicadores
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Richard Yancy
Indicadores
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Richard Yancy
Indicadores
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Richard Yancy
Indicadores
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Richard Yancy
Indicadores
The Advanced Bands indicator is a custom indicator based on the classic Bollinger Bands as created by John Bollinger. Generally, Bollinger Bands are created by adding/subtracting a number of standard deviations from the price. Advanced Bands also creates bands the same way and adds more features to be more useful for traders.   FEATURES Three levels of bands (inside, outside, extreme) and a moving average can be plotted. Area between bands can be filled and highlighted. Number of deviations for
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Richard Yancy
Indicadores
The Advanced Bands Squeeze indicator is a custom indicator based on the classic Bollinger Bands as created by John Bollinger. The Bollinger Band Squeeze occurs when volatility falls to low levels and the Bollinger Bands narrow. This low volatility level is called a “Squeeze”.  According to John Bollinger, periods of low volatility are often followed by periods of high volatility, where prices tend to move a lot in either direction. Therefore, a volatility contraction or narrowing of the bands
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Versión 6.0 2020.02.06
* Improved performance and optimization.
* Reduce amount of resources required.
* Minor fixes such as spelling and label corrections.
Versión 5.4 2019.04.12
* Major performance enhancements. Pattern calculation is reduced to only when needed. Parameter can be set to perform calculations on an interval or with every price tick.

* Display panel enhancements. The display panel now keeps a rolling list of patterns found with newer patterns being added to top of list.
Versión 5.2 2019.02.21
Fixed issue where the patterns were delayed in being drawn on chart. Now patterns are calculated and drawn immediately once indicator is placed on a chart, when patterns are found.