This indicator will automatically detect Bearish Pennant chart pattern.
It will draw two trend lines of the Bearish Pennant on chart when the pattern is formed.
Features:
- Drawing Bearish Pennant chart pattern for both realtime and historical data.
- Adjustable length of pattern legs.
- Using different combination of parameters, you can easily
identify the Bearish Pennant pattern in short term, mid term and long
term. - It works on most of the time frames and chart types, including:
minutes, daily, weekly, monthly, tick, renko, range, Heiken Ashi, etc. - Adjustable length of extension lines.
- Switch for showing latest pattern only or show all history patterns found on chart.
- Select different sound alert files with switch.
- Editable trend line color.
Click an image to view at full size.