Alternative Shark Harmonic Pattern Indicator on TradingView - free - [TFlab]

The video presents an overview of the Alternative Shark Harmonic Pattern Indicator available on TradingView. This indicator is a refined version of the traditional shark pattern, designed to help traders identify potential trading opportunities using Fibonacci ratios.

Main Financial Strategies and Features:

• Indicator Functionality: Analyzes charts and identifies the alternative shark pattern for buy and sell signals.
• Settings and Customization:
  • Zigzag Lines and Pivot Periods: Users can set periods for zigzag lines to calculate both long-term and short-term trends.
  • Shity Format Activation: Enhances accuracy in identifying the alternative shark pattern.
  • Confirmation Settings: Allows users to confirm patterns based on the presence of trend lines and price movements.
• Display Options: Users can adjust the display settings, including time for patterns, colors for bullish/bearish signals, and line thickness.
• Alerts: The indicator includes customizable alert options based on pattern formations and completions, with settings for local time notifications.

Step-by-Step Guide:

• Access the indicator on TradingView and add it to favorites for quick access.
• Adjust settings for zigzag lines and pivot periods to suit trading preferences.
• Activate the shity format for improved accuracy in pattern identification.
• Set confirmation options based on trend line presence and price movements.
• Customize display settings for patterns, including colors and line thickness.
• Activate alerts for pattern formations and completions, including timezone settings for notifications.

Presenters/Sources:

• TFlab