This is the indicator version of my Ultimate ABC strategy we are looking for HH & LL to create an ABC pattern.
Shorts are defined by an ABC pattern.
Short:
* Starting with a low to a Higher High
* Breaking that trend to a new low
* Creating a new Higher High (FOMO HH)
* If the price breaks below the previous HH we have our entry.
Longs:
* Starting with a Hight to a Lower Low
* Breaking that trend to a new high
* Creating a new Lower Low (FOMO LL)
* If the price breaks above the previous LL we have our entry.
Stop loss just above or below the FOMO LL/HH.
Take Profit using a Fib or Risk to Reward.
Additional features :
* Add divergences for confluence MACD / RSI
* Auto Fib levels for taking profit.
WARNING:
– For purpose educate only – My mission is to debunk fake strategies with code to find THE ONE.
– Plots EMAs and other values on chart.
– This script to change bars colors.
If you have any questions or feedback, please let me know in the comments.Sep
22Release Notes: Added local support and resistance levels.Sep
22Release Notes: Added candlestick patterns.
