ABCD Pattern Projection Indicator

At Trendoscope, we’ve dedicated years to exploring and developing technical analysis tools, focusing on chart patterns like Harmonic Patterns, Reversal Patterns, Elliott Waves, and more. Our expertise in these areas has led to frequent requests from traders for an indicator based on the ABCD pattern. While we initially excluded it from our Harmonic Patterns collection, creating a dedicated ABCD Projection Indicator has always been a priority. Today, we’re thrilled to share the result: the ABCD Projection Indicator, a robust tool designed to…

Diverging Chart Patterns Ultimate

Premium pattern recognition algorithm designed to scan and collect information of diverging chart pattern formations for given symbol and timeframe. Link to the indicator: Diverging Chart Patterns Ultimate Building on the success of our Converging Chart Patterns Ultimate indicator, this tool is a specialised extension of our premium Auto Chart Patterns - Ultimate product, tailored exclusively for identifying and analysing diverging patterns. Our commitment to creating this indicator is rooted in extensive research and the insights gained from our previous work on…

Converging Chart Patterns Ultimate

Converging Chart Patterns is an algorithm based indicator that scans for converging patterns such as converging triangles, wedges and tracks the trade based on user defined settings of entry, stop and targets. Link to the indicator: Converging Chart Patterns Ultimate Introducing the Converging Chart Patterns Ultimate Indicator Derived from the comprehensive capabilities of our premium offering, the Auto Chart Patterns - Ultimate, this new indicator focuses exclusively on converging chart patterns. It marks the beginning of a series that, over time, will…

Flag and Pennant Chart Patterns

After exploring Algorithmic Identification and Classification of Chart Patterns and developing Auto Chart Patterns Indicator, we now delve into extensions of these patterns, focusing on Flag and Pennant Chart Patterns. These patterns evolve from basic trend line pair-based structures, often influenced by preceding market impulses. Flag and Pennant Chart Patterns are powerful technical analysis tools used by traders to identify potential trend continuations in financial markets. Building on our exploration of and the development of the , this guide dives deep into…

Auto Chart Patterns - Open Source

Our Auto Chart Patterns indicator stands as the epitome of advanced chart pattern recognition technology. Building upon our recent publication on algorithmic identification and classification of chart patterns, this tool embodies our innovative approach, automating the intricate process of pattern recognition for traders. Link to the Indicator: Auto Chart Patterns The bulk of the logic is implemented as part of the library - chartpatterns. The indicator is a shell that captures the user inputs and makes use of the library to deliver the…

Multi-Timeframe Recursive Zigzag

Embark on a journey through the most comprehensive and feature-rich Zigzag implementation you’ll ever encounter. Our Multi-Timeframe Recursive Zigzag Indicator is not just another tool; it's a groundbreaking advancement in technical analysis. Link to the Indicator: Multi-Timeframe Recursive Zigzag Our Zigzag Indicator is designed with an understanding of its inherent nature - the last unconfirmed pivot that consistently repaints. This characteristic, while by design, directs its usage more towards pattern recognition rather than direct identification of market tops and bottoms. Here's how…

ABC Pattern on Recursive Zigzag 

There are several implementations of ABC pattern in tradingview and pine script. However, we have made this indicator to provide users additional quantifiable information along with flexibility to experiment and develop their own strategy based on the patterns. Link to the Indicator: ABC Pattern on Recursive Zigzag Also known as the Corrective Wave or Zigzag Pattern, ABC Pattern is a fundamental concept in Elliott Wave Theory, which is widely used in technical analysis to identify and predict price movements in financial markets.

Historical Pattern Matcher

Are you a firm believer in the predictability of historical patterns guiding market trends? If so, this indicator is tailor-made for you.

Volume Forks Indicator

The Volume Forks Indicator is a comprehensive research tool that combines two innovative techniques, Recursive Auto-Pitchfork and Angled Volume Profile. This indicator provides traders with valuable insights into price dynamics by integrating accurate pitchfork drawing and volume analysis over angled levels. Link to the Indicator: Volume Forks Indicator The indicator does the following things A pitchfork is drawn when the price forms an ABC pattern. Pitchfork draws a series of parallel lines in the direction of trend which can be used for…

Consolidation Range Tracker

Consolidation Range Tracker is an innovative indicator designed for identifying and tracking price consolidation zones following impulsive moves. 

Auto Chart Pattern Ultimate

Auto Chart Pattern is one of our most popular premium technical indicators. The indicator is designed to automatically spot breakout chart patterns on the chart and help users devise trading strategies on the basis.

Reversal Chart Patterns: Master Double Top, Double Bottom, Cup and Handle, and Head and Shoulders

At Trendoscope, we’re committed to equipping traders with cutting-edge tools to simplify technical analysis and enhance market decisions. Our Recursive Reversal Chart Patterns Indicator, a free, open-source tool on TradingView, automatically detects high-probability reversal patterns, including Double Top, Double Bottom, Triple Top, Triple Bottom, Cup and Handle, Inverse Cup and Handle, Head and Shoulders, and Inverse Head and Shoulders

Recursive Auto Pitchfork Indicator

The indicator automatically draws pitchfork formations on a recursive zigzag. This algorithm is developed using the latest features of Pinescript of using methods and types. The script has the option to select different categories of pitchforks to be drawn. Popular types include Andrew's pitchfork, Schiff and Modified Schiff pitchforks. These can be further drawn as either regular or inside pitchforks. Link to the Indicator: Recursive Auto Pitchfork Indicator Say Hi to object-oriented programming with Pinescript using types and methods. This is the…

Auto Trend Lines Indicator

At Trendoscope, we specialise in designing and developing pattern recognition algorithms for technical trading. Our proprietary tools and algorithms provide traders and investors with the most accurate and reliable data possible, helping them make better decisions and achieve greater success in the markets. Link to the Indicator: Auto Trend Lines Indicator I started off with the intention of creating a script to identify Wolfe wave projection. But, soon ran into a problem with loops. Realized drawing a wedge is more difficult than…

Multi Zigzag Wedge and Flag Finder

Most sophisticated Chart Pattern Indicator you will ever find in the open source library of Tradingview. This indicator uses an advanced multi-zigzag algorithm to spot 5 or 6 pivot chart patterns. This is an earlier version of the Chart Patterns (Deep Search) Indicator Link to the Indicator: Multi Zigzag Wedge and Flag Finder Tradingview standard wedge checks for only 4 pivots. In this version, I have considered 5 pivots instead - which can help reduce noise as 4 pivots forming a wedge…

Advanced Wolfe Pattern Indicator

The Wolfe wave indicator is a very popular chart pattern used in options trading. The indicator spots the Wolfe formations and also suggests the rules of the Wolfe wave trading system. More details on the Wolfe Wave pattern is available on the tradingview page linked below. Link to the Indicator: Advanced Wolfe Wave Indicator Before getting into the script, I would like to explain a bit of the history of this project. Wolfe Pattern was in the back of my mind for…