OPEN-SOURCE SCRIPT
Manual Harmonic Projections - With interactive inputs
Updated
This is another script involving interactive inputs. This is similar to Manual-Harmonic-Patterns-With-interactive-inputs. But, instead of taking XABCD and verifying if it confirms to any pattern, here we only take XABC and project all PRZs.
Example, upon adding the script to chart, it will prompt to select 4 points on chart by clicking on it. if we select X, A, B, C as shown in the chart below, we can see the projection of multiple PRZs. Mid of nearest PRZ is considered as D and rest of the pattern is drawn based on this. However, the pattern can have multiple PRZs. All overlapping PRZs are combined together and shown as one along with merged pattern labels. But, if there is gap between PRZs, they are shown separately.
https://www.tradingview.com/x/nQgMajJJ/
If no projections found, then patterns and projections are not drawn. However, you can still see XABC lines on the chart.
https://www.tradingview.com/x/GugSjbZM/
Example, upon adding the script to chart, it will prompt to select 4 points on chart by clicking on it. if we select X, A, B, C as shown in the chart below, we can see the projection of multiple PRZs. Mid of nearest PRZ is considered as D and rest of the pattern is drawn based on this. However, the pattern can have multiple PRZs. All overlapping PRZs are combined together and shown as one along with merged pattern labels. But, if there is gap between PRZs, they are shown separately.
https://www.tradingview.com/x/nQgMajJJ/
If no projections found, then patterns and projections are not drawn. However, you can still see XABC lines on the chart.
https://www.tradingview.com/x/GugSjbZM/
Release Notes
Minor updatesRelease Notes
Updated with all pattern extended libraryRelease Notes
Updated libraries.Removed max_bars_back
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Subscribe - trendoscope.io/pricing
Telegram: p.trendoscope.io/telegram
Rate us : trustpilot.com/review/trendoscope.io
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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.