Candle Pattern Builder/Profiler (CPBP) for TradingView

Candlestick/bar patterns have been around for a long time and are still very popular today. But not all patterns are created equal, and determining which patterns work well in the securities and timeframes of your choice is tedious to say the least. 

Well, now that is going to change! The Candle Pattern Builder/Profiler (CPBP) is a Pine Script toolkit that lets you define, visualize, and evaluate the performance of candlestick/bar patterns on TradingView charts...for any symbol and for any timeframe. 

Turn any pattern idea into a tested strategy with real metrics (Win%, PF, Expectancy, etc.) in minutes. 

CPBP combines a user-friendly and compact pattern language (similar to Pine Script), a real-time syntax checker, a library of popular built-in patterns, a large list of pre-coded patterns, and most importantly, a bar-by-bar analysis engine that tracks performance for every pattern you select (custom and/or built-in). This means that you can test the performance of patterns over thousands of bars in the securities and timeframes that you care about.

When you first load the indicator, nothing will be displayed. But the process to get it up and running is simple. Just type in one or more candle/bar patterns into the pattern editor (a syntax checker is provided to quickly track down any errors). 

We also provide a large number of pre-coded patterns that you can select from and simply copy and paste into the editor...you will find these near the end of the User Guide. You can use these pre-coded patterns as-is or modify them as you see fit.

Lastly, we provide 12 popular built-in patterns that you can select for analysis OR include as part of any custom pattern definition.

Once you have created and syntax-checked your custom pattern definition (or selected one or more of the built-in patterns) you can quickly test the performance of those patterns over thousands of bars of price data.

Using the Pattern Analysis module you will quickly see which patterns occur most frequently and which patterns are the most reliable/profitable. Also, patterns whose performance exceeds values that you define will be highlighted in the table.

The Pattern Analysis module turns each qualifying signal into an independent trade which starts at the next bar’s open. Stops are implemented using ATR-based distances and are recalculated on each bar. You can adjust the stop logic as needed via the provided Initial Stop and Trailing Stop menu options.

For each pattern that is tested, the following metrics are provided:

Trades, Wins, Win%, NetPts, PF, Exp/T, AvgBars, AvgMFE, AvgMAE, BestR, WorstR, AvgWin, AvgLoss, RR, LLS, and RollingPF.

You can also sort the table by any of the metrics in ascending or descending order. The highlight rules (set in the menu) will highlight any rows that meet your minimum Trades, PF, Win%, Exp/T, and RollingPF thresholds.

We have an extensive User Guide which you can view here, and you can find out more on the CPBP landing page. Currently, CPBP is only available for the TradingView platform and you can request a 14-day trial by sending your TradingView profile name to support@sr-analyst.com.

For those of you using the HPC Lite for TradingView system, this is a no-brainer. For the securities and timeframes you are interested in, just run CPBP first to see which patterns (custom and/or built-ins) are performing well and, going forward, use those as confirmation signals for the HPC patterns. 

Request your 14-day trial today! We are confident that if you try it, you will want to buy it!

Divergence Software, Inc. 
www.sr-analyst.com 
support@sr-analyst.com 
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Harmonic Pattern Collection Lifetime Package

If you are currently a Harmonic Pattern Collection monthly subscriber, consider upgrading to outright purchase of the Harmonic Pattern Collection. As a lifetime member you will receive:

• TWO lifetime HPC software licenses. So you can install HPC on any two of the platforms that we support (i.e., eSignal, MT4, MT5, Ninja7, Ninja8, Sierra Chart, and TradingView).
• Preferred access to HPC for any new platforms that we support in the future.
• Access to a 3-month HarmonicTrader.com GOLD Membership, which has numerous educational resources and three LIVE sessions a week.
• Access to study the HarmonicTrader.com GOLD Member educational Webinars (over 20 hours of material).
• Priority technical/pattern support.
• Receive PDF copies of ALL of Scott Carney's books:
• "The Harmonic Trader"
• "Harmonic Trading: Volume One"
• "Harmonic Trading: Volume Two"
• "Harmonic Trading: Volume Three"

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• HPC Pro Lifetime License: $2995.95 [credit card or PayPal]
• HPC Patterns Only Lifetime License: $2499.95 [credit card or PayPal]

Use Discount Code HPC10 at checkout for an additional 10% discount!


Divergence Software, Inc.
www.sr-analyst.com
support@sr-analyst.com
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Spring Sale - 2020

Indicators for TradingView

You can view the full list of the indicators we have available for TradingView here.

Until April 30, 2020 if you purchase any two (or more) TradingView indicators you will receive an automatic 15% discount at checkout. Note: This discount applies to all TradingView indicators except HPC Lite for TradingView. See below for more information on that specific product.

HPC Lite for TradingView

We also recently released our HPC Lite for TradingView product. It is available for a one-time cost which includes all future updates, as well as access to Scott Carney's Harmonic Pattern Course, plus a few other goodies.

For more information on our HPC Lite product, please visit the landing page.

If you are interested in purchasing a license, use code HPCTV10 at checkout for a 10% discount. This offer will be active through April 30, 2020.

eSignal

Lastly, all of our eSignal indicators and systems are available for a 20% discount until April 30, 2020. Use code SPRING2020 at checkout.

You can view all of our products for eSignal on our Products page.

In addition, subscribe to our mailing list using the form at the bottom of our Contacts page and receive a one-time 20% discount code that you can use towards the purchase of any non-subscription product in our catalog.

Divergence Software, Inc.
www.sr-analyst.com
support@sr-analyst.com
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Multi-TimeFrame Support/Resistance for TradingView

Tracking support/resistance levels from higher timeframes can be a tedious and time-consuming task, but in trading, it is critical to know where those levels are. Our new Multi-Timeframe Support/Resistance indicator for TradingView automates this process for you so you can focus on your trading.

By default, the indicator will automatically determine the higher timeframe to monitor based on the chart timeframe. So if you load only one copy of the indicator you can change your chart timeframe at any time and the MTF Support/Resistance will update automatically.

You can also load multiple copies of MTF Support/Resistance and each can be set to monitor a different higher timeframe. In the snapshot at the top of this page we have loaded 3 copies into the BitCoin chart to monitor the Daily, Weekly, and Monthly timeframes. As you can see in the snapshot, you can adjust the cosmetic properties for each copy to make it clear which timeframe the level is coming from.

The s/r levels themselves are based on swings in the higher timeframe price data, and you can adjust the strength of these swings in the indicator settings dialog. You can also adjust the proximity threshold in the event there are multiple levels in the same general vicinity in the timeframe being monitored.

And, as mentioned above, you have full control over the cosmetics. For each copy of the indicator that is loaded, you can set the line style, thickness, length, and color. The labels can be positioned either to the left or the right of the line, or turned off altogether. For the label content you can select to display just the price, just the timeframe, or both.

All in all, MTF Support/Resistance is an extremely useful indicator and it should be part of your TradingView toolbox.

The indicator is available on our Products page...just select the TradingView category in the indicator section.

Divergence Software, Inc.
www.sr-analyst.com
support@sr-analyst.com
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S/R Trendlines for TradingView

We are pleased to introduce a TradingView adaptation of our flagship S/R Analyst Pro product in the form of a new indicator called S/R Trendlines. It is the ultimate tool for the trader or investor who wants to fully exploit the power of support/resistance and trendlines in his or her trading.

Using a set of rules and user-defined weightings it mathematically identifies, draws, and updates the best trend lines (up to 3 upper trendlines and up to 3 lower trendlines) based on recent price action. It also automatically identifies and draws the two most recent gap zones in the vicinity of current price as well as up to four of the strongest s/r (support/resistance) levels found in the price action.

Highlighting open gaps just above current resistance.

A side benefit is that the combination of trend lines and s/r lines that it produces also tend to highlight a number of important price patterns, such as double tops and bottoms, triangles, flags, pennants, and wedges.

S/R Trendlines uses the concept of an 'Ignore Zone' which, by default, is comprised of the most recent 3 price bars and is shaded in light grey. Trendline or s/r level breaks that occur in the Ignore Zone do not invalidate the trendline or the s/r level. Thus you can see the breakouts as they occur and make your trading decisions before the invalidated trendlines or s/r levels are removed from the chart.

Support/resistance levels displayed as dashed lines.

With a large number of settings that can be adjusted by the user, S/R Trendlines can be customized to a high degree, and it is very easy to use and understand... even for beginners.

The indicator itself is available on our Products page...just select the TradingView category in the indicator section.


Divergence Software, Inc.
www.sr-analyst.com
support@sr-analyst.com
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