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Price Action Ultimate

Price Action Patterns


The indicator displays the most important Price Action patterns that indicate a potential reversal or continuation of the trend.

Avaliable candlestick patterns:
  1. Pin bar;
  2. Engulfing;
  3. Inside bar (Harami);
  4. Morning star;
  5. Evening star;
  6. Dark Cloud Cover;
  7. Piercing Line;
Features:
  • you can select patterns to display and disable unnecessary patterns;
  • notifications: alerts in the terminal, Email and Push-notifications (on a mobile device);
  • you can further customize each pattern: by default, the indicator uses the recommended parameters. But if you wish, you can set up candlestick patterns for yourself;

Custom filters:

  1. Trend filter (using the moving average);
  2. Higher time frame filter: if this option is enabled, the indicator will use the direction of the higher time frame candle;
  3. The filter of the previous candle: display patterns in accordance with the direction of the candle that closed before the signal.  

Settings:

  • PinBar, Engulfing, Inside Bar, MorningStar, EveningStar, DarkCloudCover, PiercingLine: only those patterns that are marked (true) will be displayed.
Filters:
  • UseTrendFilter: if (true) - filter the current trend: 1)Bearish patterns will be displayed if the value of the fast moving average with (Filter_FastMA) period is less than slow moving average with (Filter_SlowMA) period; 2)Bullish patterns will be displayed if the value of the fast moving average with (Filter_FastMA) period is more than slow moving average with (Filter_SlowMA) period. 
  • HigherTfFilter: if (true) - patterns will be displayed if the last closed candle on the higher time frame coincides with the direction of the signal candle.
  • PrevBarFilter: if (true) - patterns will be displayed if the previous closed candle matches the direction of the signal candle;
Notifications:
  • ShowAlerts: if (true) - you will receive notifications in the trading terminal (Alerts);
  • EmailNotifications: if (true) - you will receive notifications by Email (additional configuration via Tools>Options>Email is required);
  • PushNotifications: if (true) -  you will receive Push notifications on your mobile device (requires configuration via Tools>Options>Notifications);

Pin Bar:

  • p_BodySizeLess: the ratio of the size of the candle body (Open-Close) VS total size (High-Low): the body of the candle must be less than or equal than the total size multiplied by the specified value; [0.25 means that the body of the pattern must be less than or equal to 25% of the total length of the candle ((High-Low)*0.25)].
  • p_SmallShadowLess: the size ratio of the small shadow (bottom shadow - for bearish patterns , upper shadow - for bullish patterns) compared to the total size (High-Low): small shadow should be less than or equal to the total size multiplied by the specified value; [0.15 means that a small shadow must be less than or equal to 15% percent of the total length of the candle ((High-Low)*0.15)].
Engulfing:
  • EngulfBodyOver: minimum candle engulfing percentage [1.1 means that the second candle must be greater than or equal to 110% of the first candle]
  • e_Max_Difference: the maximum difference in the length of the second candle [2.0 means that the second candle should not be greater than the first candle*2.0]
  • EngulfShadows: if (true): engulf shadows of the first candle;
Inside Bar:
  • InsideBodyLess: the size of the inner candle must be smaller than the size of the first candle multiplied by the specified value [0.9 = 90%];
  • ShadowInside: candle shadows must be inside the first candle;
MorningStar (m_), EveningStar(e_):
  • SecondBodyRatio: the second candle must be less than or equal to the first candle multiplied by the specified number.
  • ThirdMaxDifference: the maximum difference in the length of the third candle compared to the first candle.
  • gaps: if (true): required gaps between the second candle;

DarkCloudCover:

  • DarkCloseBelow: the second candle should close below the specified level [0.5 = close below the center of the first candle];
PiercingLine:
  • PiercingCloseAbove: the second candle should close above the specified level;















































sunilmshinde
60
sunilmshinde 2019.11.08 04:00 
 

waste of money