Gartley Projection D
Indicator defines patterns harmonics (XABCD) according to D H.M.Gartley ("Profits in the Stock Market", 1935).
projects D-point - as a point in the perspective projection (in the settings option to specify ProjectionD_Mode = true).
It does not redraw. On closing bar working time frame, if during Patterns_Fractal_Bars bars last point detection pattern did not move - there arrow on the chart (in the direction of the intended movement of the price). From now on arrow It remains on schedule permanently.
The total number of patterns - 85 (includes Gartley-222 and Gartley-222WS, full list - see "Discussion").. Among the identified solid color fill patterns is always performed only the most recent pattern.
Options
- DrawPatterns (True / false) - drawing a pattern with a solid color
- ProjectionD_Mode (True / false) - determination mode point-D as a projection in perspective
- Patterns_Fractal_Bars - the number of bars of the working time frame during which the last detected pattern must remain fixed point so that it was considered as a fractal formed (appears arrow on the graph)
- Patterns_Deviation - allowable percentage deviation from the reference values of the proportions of the parties in the pattern (the permissible values corridor)
- Patterns_XA_MinLength_Bars - the minimum acceptable number of bars on the initial segment XA
- Patterns_XA_MinHeight_Points - The minimum allowable size of the initial segment of XA in paragraphs
- ZigZag_Depth - parameter indicator ZigZag
- ZigZag_Deviation - parameter indicator ZigZag
- ZigZag_Backstep - parameter indicator ZigZag
- ShowInfo (True / false) - show the list of the detected pattern from the left edge of the graph
- PrintInfo (True / false) - print information in the log
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