📥 ABCD Harmonic Pattern indicator on Trading View - Free Download [TFLab]

The video tutorial discusses the ABCD Harmonic Pattern Indicator available on Trading View, focusing on its functionalities and settings for traders. The Indicator helps identify bullish patterns and potential price reversal points using Fibonacci Ratios.

Main Financial Strategies and Features:

• ABCD Harmonic Pattern Identification: The Indicator searches for and draws ABCD patterns on the chart, indicating potential bullish trends.
• Reversal Points: It marks potential price reversal points, which traders can use to identify trading opportunities.
• Fibonacci Ratios: The patterns are based on Fibonacci Ratios, aiding in the prediction of market movements.

Methodology/Step-by-Step Guide:

• Accessing the Indicator:
  • Visit the Trading Finder site to access the Indicator on Trading View.
  • Add the Indicator to favorites for easy access.
• Indicator Settings:
  • Pivot Zigzag Period Settings:
    • Increase for long-term trends.
    • Decrease for short-term trends.
  • Noise Reduction:
    • Enable to display only accurate patterns with less noise.
  • Show/Hide Patterns:
    • Enable to identify patterns as the second pivot forms.
    • Disable to show patterns only after the candlestick closes.
• Alerts Configuration:
  • Set alerts for the first pattern within a candlestick.
  • Choose to receive alerts every time the pattern forms or only after the pattern completes.
  • Adjust the color and thickness of bullish and bearish patterns.

Presenters/Sources:

• TFLab