Geometric Pattern [AlgoChief]
Introduction
Geometric Pattern by AlgoChief is an institutional grade harmonic pattern recognition engine designed for precision technical analysis across cryptocurrency, forex, and equity markets.
Harmonic trading combines geometric price patterns and strict Fibonacci sequences to identify high probability turning points. This indicator automatically scans price action in real time, projecting clean harmonic structures without visual clutter or unnecessary overlays.
How The Engine Works
The indicator uses a refined alternating pivot swing algorithm that identifies true structural turning points. Swings are evaluated with a smooth lookback filter to eliminate minor market noise and consolidation chop.
For every identified five point sequence X, A, B, C, and D, the engine computes exact price distance ratios across all connecting legs. These ratios are measured against classic Scott Carney harmonic specifications with customizable tolerance thresholds.
Confirmed patterns are permanently drawn on historical candles, allowing traders to conduct multi timeframe confluence analysis and review past market geometry.
Supported Harmonic Patterns
Gartley
Bat
Alternate Bat
Butterfly
Crab
Deep Crab
Shark
Cypher
Nen Star
Five Zero Pattern
AB equals CD
Three Drive
White Swan and Black Swan
Anti Harmonic Formations
Key Visual Features
Distinct Pattern Color Palette
Each harmonic pattern features its own signature executive color theme, making it instantly recognizable on the chart. Traders can also switch to a directional bullish and bearish theme or a monochrome layout in the settings.
Geometric Wing Shading
Triangular wings across XAB and BCD are shaded with smooth transparency, preserving complete candle visibility beneath the geometry.
Fibonacci Ratio Badges
Precise inter leg retracement and extension values are displayed directly on chart legs for immediate verification.
Vertex Labels
Clear labels mark points X, A, B, C, and D at the exact swing highs and lows.
PRZ Potential Reversal Zones
Each completed Point D generates a Potential Reversal Zone box highlighting the institutional order block where price reversal is anticipated.
Real Time Forming Scanner
While leg CD is actively developing, the engine projects the potential pattern in real time as price approaches the completion zone.
Notification Alerts
The script includes alerts compatible with TradingView notifications.
Bullish Harmonic Pattern Detected
Bearish Harmonic Pattern Detected
Any Harmonic Pattern Formed
Disclaimer
Geometric Pattern is an analytical charting tool built for pattern recognition and technical confluence. It does not constitute financial advice. Always combine harmonic structures with independent confirmations and proper risk management.
Geometric Pattern by AlgoChief is an institutional grade harmonic pattern recognition engine designed for precision technical analysis across cryptocurrency, forex, and equity markets.
Harmonic trading combines geometric price patterns and strict Fibonacci sequences to identify high probability turning points. This indicator automatically scans price action in real time, projecting clean harmonic structures without visual clutter or unnecessary overlays.
How The Engine Works
The indicator uses a refined alternating pivot swing algorithm that identifies true structural turning points. Swings are evaluated with a smooth lookback filter to eliminate minor market noise and consolidation chop.
For every identified five point sequence X, A, B, C, and D, the engine computes exact price distance ratios across all connecting legs. These ratios are measured against classic Scott Carney harmonic specifications with customizable tolerance thresholds.
Confirmed patterns are permanently drawn on historical candles, allowing traders to conduct multi timeframe confluence analysis and review past market geometry.
Supported Harmonic Patterns
Gartley
Bat
Alternate Bat
Butterfly
Crab
Deep Crab
Shark
Cypher
Nen Star
Five Zero Pattern
AB equals CD
Three Drive
White Swan and Black Swan
Anti Harmonic Formations
Key Visual Features
Distinct Pattern Color Palette
Each harmonic pattern features its own signature executive color theme, making it instantly recognizable on the chart. Traders can also switch to a directional bullish and bearish theme or a monochrome layout in the settings.
Geometric Wing Shading
Triangular wings across XAB and BCD are shaded with smooth transparency, preserving complete candle visibility beneath the geometry.
Fibonacci Ratio Badges
Precise inter leg retracement and extension values are displayed directly on chart legs for immediate verification.
Vertex Labels
Clear labels mark points X, A, B, C, and D at the exact swing highs and lows.
PRZ Potential Reversal Zones
Each completed Point D generates a Potential Reversal Zone box highlighting the institutional order block where price reversal is anticipated.
Real Time Forming Scanner
While leg CD is actively developing, the engine projects the potential pattern in real time as price approaches the completion zone.
Notification Alerts
The script includes alerts compatible with TradingView notifications.
Bullish Harmonic Pattern Detected
Bearish Harmonic Pattern Detected
Any Harmonic Pattern Formed
Disclaimer
Geometric Pattern is an analytical charting tool built for pattern recognition and technical confluence. It does not constitute financial advice. Always combine harmonic structures with independent confirmations and proper risk management.
For access & queries: algochiefsupport@gmail.com
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
For access & queries: algochiefsupport@gmail.com
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.