HOW-TO: Auto Harmonic Pattern - Ultimate [Trendoscope]Thanks for watching the video. I will just highlight the key differences between Auto-Harmonic-Patterns-V2 and Auto-Harmonic-Pattern-Ultimate-Trendoscope . Most of the other information is already available in the description of the script. Please read through them and let me know if you have any questions.
Key improvements on new version are:
▶ Whole pattern scanning logic is rewritten based on pine v5 feature to make it more efficient. It uses libraries and other features of pine 5 such as while loop to enhance performance of the scanning
▶ Zigzags - not using multi level zigzags as we found it to be inconsistent and often buggy - specially for harmonic patterns.
▶ Wait for confirmation flag is removed permanently. @CryptoArch_ has convinced me that we should not use this for harmonic patterns
▶ Search depth - Higher search depth and vairable search depth based on zigzag
▶ Optimized target and trailing based on each individual patterns
▶ More options for enabling/disabling patterns
▶ Support and resistence information and ability to use it for pattern filtering
▶ Improved stats for open and closed trades
