EW Flag Flat pattern indicator / scanner

• 12/26/2018 at 8:43 PM #87653
  Yannick

  Hello

  I am struggling to find how to detect a EW ZigZag or flat pattern.

   

  I can scan with an adaptative stochastic to identify points.

  The key idea is identifying an impulse (how?)

  then finding A an B (adaptative sinewave find a similar frequency for corrections) and project AB segment to calculate BC and wait for a C reversal.

   

  Some examples

  If some one has an idea for this geometric pattern?

  Best regards

  

  Yannick

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  12/26/2018 at 9:07 PM #87656
  Yannick

  I could use this piece of code for BC projection
  https://www.prorealcode.com/prorealtime-indicators/zigzag-fibonacci-levels/

   

  However how identifying an impulse ? Some people are using MACD

  

  Yannick

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  12/27/2018 at 1:05 PM #87669
  Lighthouse

  Yannick wrote:

  I could use this piece of code for BC projection

  https://www.prorealcode.com/prorealtime-indicators/zigzag-fibonacci-levels/

  However how identifying an impulse ? Some people are using MACD

   

  Yannick wrote:

  Hello

  I am struggling to find how to detect a EW ZigZag or flat pattern.

  I can scan with an adaptative stochastic to identify points.

  The key idea is identifying an impulse (how?)

  then finding A an B (adaptative sinewave find a similar frequency for corrections) and project AB segment to calculate BC and wait for a C reversal.

  Some examples

  If some one has an idea for this geometric pattern?

  Best regards

  I don’t think you can find an automatic way to correctly identifying an impulse

  Just have a look at this method

  http://studyofcycles.blogspot.com/2016/01/the-eight-fold-path.html

  and follow all discussions about counting waves

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  Yannick

  

  Lighthouse

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  12/27/2018 at 1:36 PM #87670
  Yannick

  @Ciccio

  Thanks for your answer.

  I checked : MACD and awesome/EW oscillator give similar visualisation and signal (even moving average are not the same).

  An impulse could be identified for a “Fast” swing over or below 0 of MACD/Awesome oscillator.

  I will try to scan in this way.

  Regards

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  Lighthouse

  

  Yannick

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  12/29/2018 at 6:36 PM #87726
  Yannick

  I manage to calculate fib retracement from previous oscillation of MACD 5,34,5

  Beautiful colors

  Need improvements for patterns

  

  Yannick

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  01/02/2019 at 2:57 PM #87879
  Nicolas

  What you refer as “impulse” is everything related to momentum, aka differences of 2 values between 2 different times.

  

  Nicolas

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  01/02/2019 at 9:36 PM #87921
  Yannick

  An other way if not using momentum is to use either

  -volatility

  -standard deviation

  -atr

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  Nicolas

  

  Yannick

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