INVITE-ONLY SCRIPT
Carney Existing Formations
Updated
The script searches historical data for XABCD harmonic formation patterns
Supported harmonic traiding formations:
Precise description and knowledge you can get from the Harmonic Trading book series by Scott Carney.
Script with limited access, contact author to get authorization
This version is showing formations in historical data only. There is a separate version that is trying to predict potencial formations in current data set.
Script settings:
Precision [‰] - How large deviations from the standard we accept
Last bars to search [bars] - How far in the fast we should look to check formations.
max points distance [bars] - How big patterns we are looking for.
Line color and width - To customize chart for your preferences
Show labels - You can pick format of formations labels.
Troubleshooting:
Result dialog error "Abandoned at ...." - Change "max points distance" to smaller value.
TraidingView (! character):
Loop takes too long to execute (>500ms) - Change "max points distance" to smaller value.
In case of any problems, please contact the author of the script.
Supported harmonic traiding formations:
- Gartley
- ButterFly
- Bat
- alt. Bat
- Crab
- Greate Crab
- Shark
- AB=CD
- 5-0
- Cypher
Precise description and knowledge you can get from the Harmonic Trading book series by Scott Carney.
Script with limited access, contact author to get authorization
This version is showing formations in historical data only. There is a separate version that is trying to predict potencial formations in current data set.
Script settings:
Precision [‰] - How large deviations from the standard we accept
Last bars to search [bars] - How far in the fast we should look to check formations.
max points distance [bars] - How big patterns we are looking for.
Line color and width - To customize chart for your preferences
Show labels - You can pick format of formations labels.
Troubleshooting:
Result dialog error "Abandoned at ...." - Change "max points distance" to smaller value.
TraidingView (! character):
Loop takes too long to execute (>500ms) - Change "max points distance" to smaller value.
In case of any problems, please contact the author of the script.
Release Notes
Package of fixes and improvements:- Formation filter
- Detection improvements
To get access or report problem write on toolkit4trading@proton.me
More details on Website and Youtube.
More details on Website and Youtube.
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 Investor_R for more information, or follow the author's instructions below.
Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. 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.
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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.