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PZ ABCD Retracement

4

This indicator finds AB=CD retracement patterns. The AB=CD Retracement pattern is a 4-point price structure where the initial price segment is partially retraced and followed by an equidistant move from the completion of the pullback, and is the basic foundation for all harmonic patterns.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Customizable pattern sizes
  • Customizable AC and BD ratios
  • Customizable breakout periods
  • Customizable lines, colors and sizes
  • It displays SL and TP levels based on CD fibo levels
  • Visual/sound/push/mail alerts for patterns and breakouts

AB=CD Retracements can expand and repaint quite a bit. To make things easier this indicator implements a twist: it waits for a donchian breakout in the right direction before signaling the trade. The end result is an otherwise repainting indicator with a very reliable trading signal. The donchian breakout period is entered as an input.

  • Bullish retracements are blue
  • Bearish retracements are red
Kindly note that price patterns such as AB=CD can expand and the indicator must repaint to follow the expansion of the pattern. If the pattern repaints beyond the AC/BD/AB=CD ratios entered in the parameters, the pattern will dissapear as it won't be valid any more. To trade these patterns, please resort to the donchian breakout signal.

    Input Parameters

    • Amplitude: Size of the AB=CD patterns to be found
    • Breakout Period: Donchian breakout period to time signals
    • Max History Bars: Amount of bars to look back when the indicator loads
    • Min AC: Minimum AC ratio of the pattern
    • Max AC: Maximum AC ratio of the pattern
    • Min BD: Minimum BD ratio of the pattern
    • Max BD: Maximum BD ratio of the pattern
    • AB = CD: Enable or disable the AB = CD condition
    • Display Options: Display or hide labels, ratios and SL/TP levels
    • Patterns: Select colors and sizes for the lines forming the pattern
    • Labels: Select colors and sizes of the A,B,C,D labels
    • Ratios and SL: Select colors and font-size for ratios and SL/TP labels
    • Alert on breakouts: Enable to receive alerts when a pattern is found
    • Alert on patterns: Enable to receive alerts when a breakout happens and arrows show up
    • Alert settings: Enable or disable visual, push, email and sound alerts


    Technical Details

    • The indicator is evaluated every bar, not every tick.
    • The last point of the pattern repaints as the pattern expands.
    • You can have several indicators on the chart with different amplitudes.
    • An alert is displayed when the pattern forms and also when the breakout takes place.
    • A small percentage of trading signals can repaint. You can increase the breakout period.


    Author

    Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

    Avis 20
    Ynal Al Khalil
    496
    Ynal Al Khalil 2023.04.27 10:46 
     

    deserves more than 5 stars !

    Tony Gregg
    721
    Tony Gregg 2021.05.20 03:13 
     

    One of my go-to forex indicators. Well done!

    pnutfx503
    1525
    pnutfx503 2017.04.27 07:15 
     

    It works worth every bit of $10.00

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    Nesimeye Oswald
    4.14 (7)
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    Guner Koca
    5 (1)
    Thise indicator is up down v6  comes with tradingwiev pinescript. purchased people, after installed on terminal ,contact me on mql5  to get BONUS  TradingView pinescript. up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that
    RelicusRoad Pro
    Relicus LLC
    4.76 (139)
    Maintenant 147 $ (augmentant à 499 $ après quelques mises à jour) - Comptes illimités (PCS ou Mac) Manuel d'utilisation RelicusRoad + Vidéos de formation + Accès au groupe Discord privé + Statut VIP UNE NOUVELLE FAÇON DE REGARDER LE MARCHÉ RelicusRoad est l'indicateur de trading le plus puissant au monde pour le forex, les contrats à terme, les crypto-monnaies, les actions et les indices, offrant aux traders toutes les informations et tous les outils dont ils ont besoin pour rester renta
    How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
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    Andrey Khatimlianskii
    4.43 (7)
    i-Orders is a simple indicator to monitor your own trade/analyze others' trades. I use it for a long time and do not imagine a chart without these arrows, lines and trade result numbers. The features allow you to: change the size and location of the control buttons ( Control buttons size , Control buttons corner ), disable display of opened and closed positions ( Show OPENED , Show CLOSED , Show PENDING ), change colors of arrows and lines for profitable and loss-making buy and sell positions se
    Range Breakout with Multi Symbol Lookup Options Enhance your trading strategy with our cutting-edge Forex Range Breakout Indicator! This versatile tool is designed to provide precise breakout signals and comprehensive analysis to help you make informed trading decisions. Discover the features that make our indicator a must-have for any forex trader: Key Features: Range Breakout Time-Based Analysis: Accurately identifies breakout levels based on specific time ranges, allowing for timely and str
    (Currently 30% OFF) Before reading the description of this indicator, I just want to introduce to you following concept Moving Average Line - Typical moving average which is based on one chart alone.  Currency Strength Line - The moving average of a certain pair in which the strength is based on 28 pairs. Can be said as the real moving average line. Moving Average indeed is one of the most popular indicator which almost every trader use. Currency Strength Meter is also a trend indicator whic
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    This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It detects 19 different harmonic price formations It plots primary, derived and complementary Fibonacci p
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    This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It detects 19 different harmonic price formations It plots primary, derived and complementary Fibonacci pro
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    PZ TRADING SLU
    4.44 (36)
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    PZ TRADING SLU
    3.67 (43)
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    PZ Goldfinch Scalper EA
    PZ TRADING SLU
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    PZ TRADING SLU
    5 (4)
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    This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works for CFDs and for
    PZ Swing Trading
    PZ TRADING SLU
    5 (4)
    Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Profit for market swings with
    PZ Trendlines MT5
    PZ TRADING SLU
    4.83 (6)
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    PZ Pivot Points MT5
    PZ TRADING SLU
    4.95 (22)
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    PZ TRADING SLU
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    PZ TRADING SLU
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    PZ TRADING SLU
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    PZ TRADING SLU
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    PZ TRADING SLU
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    PZ Day Trading
    PZ TRADING SLU
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    PZ TRADING SLU
    4 (3)
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    PZ Sandwich Bars MT5
    PZ TRADING SLU
    5 (2)
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    PZ TRADING SLU
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    PZ TRADING SLU
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    PZ TRADING SLU
    2 (4)
    This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works for CFDs and for
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    PZ TRADING SLU
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    Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whipsawed Recognize profitable pullbacks, breakouts and early reversals The ind
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    PZ TRADING SLU
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    PZ Turtle Trading
    PZ TRADING SLU
    3.77 (13)
    The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)". [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Prod
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    PZ Inside Bars
    PZ TRADING SLU
    4.33 (6)
    This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of bars which is/are completely contained within the range of the preceding bar. A blue box is
    FREE
    This indicator evaluates the market sentiment using raw price action measurements, and it is an amazing trading confirmation. It can be used to take a trend-trade approach or a contrarian approach using reversal patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find early reversals Confirm short-term trades Detect indecision on the market Take contrarian trades near support and resistance levels Trade inside bars confirmed by overall direction of the market T
    FREE
    PZ Oscillator MT5
    PZ TRADING SLU
    3.8 (10)
    This is a smooth and responsive accelerometer which reveals the market trend and strength. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Two moving averages indicate trend direction The histogram represents strength of the price movement It draws buy and sell zones as colored vertical lines Should be used as a confirmation indicator Customizable line widths and colors It implements alerts of all kinds This indicator is similar to MACD but aims to react faster t
    FREE
    Filtrer:
    Ynal Al Khalil
    496
    Ynal Al Khalil 2023.04.27 10:46 
     

    deserves more than 5 stars !

    Tony Gregg
    721
    Tony Gregg 2021.05.20 03:13 
     

    One of my go-to forex indicators. Well done!

    asaens15
    2126
    asaens15 2020.04.23 22:20 
     

    L'utilisateur n'a laissé aucun commentaire sur la note

    Aravind Kolanupaka
    8860
    Aravind Kolanupaka 2019.04.12 04:16 
     

    L'utilisateur n'a laissé aucun commentaire sur la note

    sunnychow
    8753
    sunnychow 2018.10.22 17:21 
     

    L'utilisateur n'a laissé aucun commentaire sur la note

    Muhammet Simsek
    925
    Muhammet Simsek 2018.06.20 11:56 
     

    None of this and other products are useless. It's all garbage. Probably a brooker. Many of the calculations are wrong. Almost all are re-painted.

    If you want to throw your money on the street, take this guy's products.

    Products made especially wrong and incomplete! The real problem is here! Especially tuned to mislead your trade!

    I write it as someone who bought a lot of products here.

    I'm sorry for the bad english.

    pnutfx503
    1525
    pnutfx503 2017.04.27 07:15 
     

    It works worth every bit of $10.00

    Fatih Ozturk
    164
    Fatih Ozturk 2016.10.06 10:48 
     

    güzel indicator. ama trend zamanlarında repaint yapıyor. buna rağmen markette satılanların büyük bi çoğunluğundan güzel. h1 grafik üzerinde emtialar haricinde 10-15 indicator üzerine kurun. her sinyale girin. az kar edersiniz ama zararınız olmaz. 10 usd değerinde bir indicator den beklentinin çok daha fazlasını veriyor.

    Ahmet Minaz
    711
    Ahmet Minaz 2016.06.11 16:23 
     

    L'utilisateur n'a laissé aucun commentaire sur la note

    Rodrigo da Silva Boa
    7137
    Rodrigo da Silva Boa 2015.11.19 06:31 
     

    L'utilisateur n'a laissé aucun commentaire sur la note

    [Supprimé] 2015.11.15 14:12 
     

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    Rabbitpips
    299
    Rabbitpips 2015.07.18 21:17 
     

    L'utilisateur n'a laissé aucun commentaire sur la note

    Istvan Hideg
    293
    Istvan Hideg 2015.05.27 09:22 
     

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    Tamas Molnar
    588
    Tamas Molnar 2015.03.24 10:05 
     

    L'utilisateur n'a laissé aucun commentaire sur la note

    [Supprimé] 2015.02.03 11:23 
     

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    Mikhail Korshunov
    225
    Mikhail Korshunov 2015.01.30 06:17 
     

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    Foone Manika
    347
    Foone Manika 2014.08.23 23:38 
     

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    Fritz5
    157
    Fritz5 2014.08.23 20:30 
     

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    ThaiTrader7
    154
    ThaiTrader7 2014.08.23 20:19 
     

    L'utilisateur n'a laissé aucun commentaire sur la note

    Nesho Marinov
    1355
    Nesho Marinov 2014.08.12 23:21 
     

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    12
    Répondre à l'avis
    Version 8.2 2019.08.20
    - Bug fix in drawing please update
    Version 8.0 2019.08.14
    - Improved logic
    - Added SL/TP Levels
    Version 6.0 2017.11.06
    - Bug fixes in alerts
    - Added two separate events for alerts (patterns and breakouts)
    Version 2.0 2016.04.22
    - Alerts issue fixed