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PZ Megaphone

The megaphone pattern is another chart pattern used for technical analysis. There is usually a lot of volatility happening when you spot it in the wild….and volatility equals opportunity in the world of trading. This pattern is famous for its “broadening formation” and the price action also warns of the increased risk ahead. The megaphone chart pattern provides unique entries and exits off different sides of its structure.

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

  • Easy to use
  • Customizable colors and sizes
  • It implements breakout signals
  • It implements alerts of all kinds


Input Parameters

  • Size of patterns: Size of the patterns to be found, expressed as bars between alternative points
  • Max. History Bars: Amount of past bars to examine in the chart
  • Color of bullish patterns: This parameter is self-explanatory
  • Color of bearish patterns: This parameter is self-explanatory
  • Font size for labels: Font size for the 1-2-3 labels in the chart
  • Line Width: Size of the pattern lines
  • Color of bullish breakouts: This is the color for buy arrows
  • Color of bearish breakouts: This is the color for sell arrows
  • Arrow Size: This is the size of the arrows displayed in the chart
  • Custom Alert Name: Custom caption for the alerts raised in this chart
  • Display Alerts: Enable or disable screen alerts
  • Email Alerts: Enable or disable mail alerts.
  • Push Alerts: Enable or disable Push Alerts.
  • Sound Alerts: Enable or disable sound alerts.
  • Sound File: Sound file to play when a screen alert rises.


Author

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

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Version 2.0 2017.12.01
- Improved alerts