XABCD Scanner

XABCD Scanner for TradingView

These bullish and bearish 5-point patterns are based on various Fibonacci retracement levels and signify potential reversal zones (PRZ).
As they become 80% complete, the dashed-line pattern will appear, displaying the PRZ and giving you time to prepare for a reversal.

Different combinations of specific fib retracements and extensions result in different patterns, and each is named for identification.

Bullish patterns signify a potential turn to the upside are colored green.
Bearish patterns signify a potential turn to the downside are colored red.

9 popular patterns are currently recognized.
XABCDs can be applied to all markets: crypto, forex, commodities, indices, etc.

For access, please visit the link in our Signature below, or shoot us a PM.

Release Notes

Updated to give a clearer signal of where the pattern completes.

Release Notes

FEB 2020 UPDATE:

Now includes take-profit targets and stop-loss guidelines on chart!
Anticipates and projects more patterns as they are forming.

See our signature below for access.

Release Notes

You can now set alerts on XABCD Scanner's signals.

CoinObservatory

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For access to our TradingView scripts, visit us at
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Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact CoinObservatory for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Author's instructions

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Warning: please read before requesting access.

CoinObservatory

Thanks for checking us out!

For access to our TradingView scripts, visit us at
linktr.ee/coinobs

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.