Head and Shoulders 4.0
Индикатор Metatrader (MT4/MT5)
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ℹ Обзор
The PZ Head and Shoulders Indicator is a technical analysis tool that helps traders identify potential head and shoulders patterns in the market. These patterns are characterized by a chart formation that resembles a baseline with three peaks, where the outside two peaks are close in height and the middle peak is the highest. Head and shoulders patterns are considered to be reversal patterns, predicting a bullish-to-bearish trend reversal and are believed to be one of the most reliable trend reversal patterns.
The PZ Head and Shoulders Indicator provides clear trading signals to help traders identify these patterns and make informed decisions about their trades. In addition to identifying head and shoulders patterns, the indicator also provides performance statistics, customizable recognition ratios, and displays suitable stop-loss and take-profit levels to help traders manage their trades.
Some other features of the PZ Head and Shoulders Indicator include customizable colors and sizes, email/sound/visual alerts and clear breakouts. This indicator is non-repainting and non-backpainting, making it reliable and easy to use. It can be used to find continuation or reversal patterns and can be a valuable tool for traders looking to capitalize on potential head and shoulders patterns in the market.
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Входные параметры
При загрузке эксперта на любой график вам будет представлен набор опций в качестве входных параметров. Не отчаивайтесь, если вам кажется, что их слишком много, потому что параметры сгруппированы в понятные блоки.
- Amplitude
- The amplitude represents the minimum amount of bars between alternative price points. To find big patterns, increase the amplitude parameter. To find smaller patterns, decrease the amplitude parameter.
- Min. Retracement
- The minimum fibonacci retracement needed in a pattern. Set to zero not to evaluate it.
- Max. Retracement
- The maximum fibonacci retracement possible in a pattern. Set to zero not to evaluate it.
- Cup Flatness Ratio
- This parameter describes how "flat" must the neckline be relative to the pattern size. A higher value will find stricter patterns, yet less frequent. A lower value will find more patterns.
- Max History Bars
- Amount of past bars to evaluate when the indicator loads in the chart.
- Display Stats
- Show or hide the statistics dashboard and performance data.
- Display SL/TP Levels
- Show or hide the suitable stop-loss and take-profit levels for each signal.
- Drawing Options
- Colors and sizes for bullish or bearish lines and labels, as well as font sizes.
- Breakouts
- Colors and sizes for breakout arrows.
- Alerts
- Enable or disable alerts at will.
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FAQ
- Does the indicator repaint?
- No, the indicator does not repaint or backpaint at all.
- Does the indicator back paint?
- No, the indicator does not back paint.
- Can patterns be displayed before the breakout happens?
- No, it can't. The pattern and the breakout arrow are displayed exactly as the same time, to prevent the indicator from repainting.
- Does the indicator implement alerts?
- Yes, it does. It implements alerts of all inds.
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Разработчики
Чтобы создать своего личного помощника, вы можете считывать данные с индикатора с помощью функции iCustom (), как указано ниже. У индикатора есть один дополнительный буфер, единственная цель которого - хранить торговые сигналы в виде констант: это единственный буфер, из которого вам нужно читать. Скопируйте и вставьте приведенный ниже код в свой личный помощник и замените имя индикатора вызова iCustom () своим собственным.
//---- Read value from data buffer int start() { // Read value from data buffer double value = iCustom(Symbol(), Period(), "PZ_HeadShoulders_LICENSENUM", 1, 1); // Do something if(value == OP_BUY) { /* Your code for bullish signal */ } if(value == OP_SELL) { /* Your code for bearish signal */ } if(value == EMPTY_VALUE) { /* Nothing to do */} // Exit return(0); }