Logótipo de "McDonalds Pattern-Bzier Curve"
McDonalds Pattern-Bzier Curve
Imagem carregada de "McDonalds Pattern-Bzier Curve"
Imagem carregada de "McDonalds Pattern-Bzier Curve"
Imagem carregada de "McDonalds Pattern-Bzier Curve"
Desde 03/10/2024
144
Vendas
32.65K
Instalações gratuitas

🚀 10,000+ traders already use our TOP indicators🏆

Discover why professionals choose us – the most powerful tools on cTrader (indicators, algorithms, and cBots) are waiting for you.

👉 Get all our TOP systems here:

_______________________________________________

📌 Market Structure Indicators

·     ✅ AdvancedMarket Structure: Bos, Choch, SwinLevels, Order Blocks,  Market Structure& Liquidity Finder

·     🔄 Dynamic Market StructureAnalysis of Turning Points

·     🧱 Order Block

·     ⚖️ Market Imbalance

·     ⛓️ BOS & CHOCH

·     🧠 ICT Power of 3

·     🌀 Market Polarity Zones

_______________________________________________

🔚 Smart Exit Systems

·     📍 Trailing Smart Algorithm

_______________________________________________

📐 ZigZag Indicators

·     🔍 ZigZag Price LiquidityProjection

·     🧭 S&R Structural ZigZag

·     ➖ ZigZag

·     🎯 Zig-Zag Extremity Tracker

_______________________________________________

🧱 Support & Resistance Indicators

·     🟩 SmartTrend Support &Resistance Lines

·     🧱 All Support and ResistanceLevels

_______________________________________________

📊 Trend & Channel Indicators

·     🔄 Auto-Trend Channel

·     📊 Supertrend

·     ⚡Momentum Trend Analyzer

·     🧠 Adaptive Trend Channel

·     💥 Channel Breakout System

·     🌈 Dynamic Trend Gradient

·     ⭐ PREMIUM SSL CHANNEL

·     🔁 Reactive Moving Average

_______________________________________________

💧 Volume & Liquidity Tools

·     🔥 Volume POC Heatmap

·     📉 Leverage Liquidation Map

·     🔍 Momentum Fair Value Gap

·     🕒 Fair Value Gap Sessions

_______________________________________________

Momentum & RSI Indicators

·     📈 RSI Trend Trigger

·     🚀 Dynamic Range Momentum

·     🔎 Multi-Level Candle Bias
Tracker

_______________________________________________

🔮 Prediction & Projection Tools

·     📐 Prediction Based on Linreg& ATR

·     📏 Fibonacci Linear RegressionMulti-timeframe

·     📈 Volume-Powered Market Flow Projector

________________________________________________________________________________________________________

________________________________________________________________________________________________________

McDonalds Pattern Bézier Curve 🍟

What is it for? 🤔
The "McDonalds Pattern Bézier Curve" indicator is designed to identify and visualize price reversal patterns using Bézier curves. Its main objective is to detect market structures that resemble arcs (similar to an "M" or "W") on the charts, which could indicate potential trend changes 🎯. Additionally, it includes a scoring system to evaluate the quality of the detected pattern.

How does it work? ⚙️

  1. Pivot Detection:
    The indicator analyzes a lookback period (defined by "Lookback Period") to identify local highs and lows (pivots). These are marked with circles on the chart: ⚪
  2. Bézier Curves:
    Once at least 5 pivots are detected, the indicator draws two arcs using Bézier curves that connect these points. These arcs aim to smooth the transition between pivots to form a visual structure similar to twin arches ("Golden Arches") 🏛️.
  3. Colored Zone:
    If enabled, an area is drawn between the first and last pivot. The color of this zone depends on the pattern's direction:
    • 🟢 Green: Bullish trend (if the last pivot is higher).
    • 🔴 Red: Bearish trend (if the last pivot is lower).
  4. Pattern Score:
    It calculates a percentage that reflects the symmetry and quality of the arcs. A higher score suggests a better-defined pattern.

Is it repainting (Replotting)? 🔄
Yes, this indicator repaints. This means its drawings and detections can change retroactively as new price data is obtained. This is because the identification of those inflection points is based on observing a certain number of bars after the formation of the potential pivot. Therefore, what seems like a confirmed arc in historical data could be adjusted or disappear when applied to live charts 📊.

It could be used as complementary aid in technical analysis.

How could it be used? 💡

  • 📚 Backtesting Analysis:
    Useful for studying historical patterns and evaluating their effectiveness on different assets or timeframes.
  • 👁️ Visual Confirmation:
    Can complement other analysis tools (like support/resistance or moving averages) to validate potential reversals.
  • 🎓 Education:
    Helps in recognizing market structures based on Bézier curves, although its use in live trading requires additional verification.

Limitations and Recommendations ⚠️

  • Real-Time Use:
    Since it repaints, it should not be used as an independent signal for market entries or exits.
  • Optimization:
    Adjust the "Lookback Period" according to the asset and timeframe to reduce false signals.
  • Market Context:
    Works best in trending markets and not in sideways/ranging markets.

Important Note: 🚨
Given its reliance on future data for confirmation, it should be used primarily for analyzing already occurred events, such as post-market-open declines or educational chart exercises, rather than for predictive or live trading purposes. Although its approach is innovative, it must be used alongside other indicators and analysis to avoid false signals due to its repainting nature. It is ideal for backtesting studies or as an educational complement in trading strategies.

Perfil do indicador
0.0
Avaliações: 0
Avaliações de clientes
Ainda não há avaliações para este produto. Já o experimentou? Seja o primeiro a contar a outras pessoas!
BTCUSD
Forex
Breakout
EURUSD
XAUUSD
Os produtos disponíveis através da cTrader Store, incluindo bots de negociação, indicadores e plugins, são fornecidos por programadores terceiros e são disponibilizados apenas para fins informativos e de acesso técnico. A cTrader Store não é um corretor e não fornece aconselhamento em matéria de investimento, recomendações pessoais ou qualquer garantia de desempenho no futuro.

Mais deste autor

Logótipo de "ZigZag"
4.3
(6)
Grátis
ZigZag filters noise, spots trends, patterns, pivots, aiding analysis, trade management, and confirmations. 📉📈
Identify bullish and bearish Order Blocks to spot key support/resistance levels and potential trend reversals! 📈🔄
📊 Shows volume by price levels, highlights POC, and key zones. Identifies dynamic support/resistance and imbalances.
Market structural patterns , specifically the concepts of Change of Character (ChoCH) 🔄 and Break of Structure (BoS) 💥
Adaptive trend channel using linear regression and Pearson correlation for dynamic support, resistance, and trends.
"Identify key market zones and visualize support/resistance from multiple timeframes on a single chart.
identify and highlight temporary market inefficiencies known as "fair value gaps" 🚨 within specific trading Sessions.
💹 Define a price channel 📈 and determine trend direction (bullish 🟢 or bearish 🔴).
📊Zones Supply & Demand: Identifies key price levels with high volume concentration, marking Supply/Demand Zones & Marke
Identify market structure effortlessly with swing highs, lows, CHoCH, and BOS levels for smart trading decisions! 📊🔍"
Detects bullish and bearish divergences
Advanced price action tool that combines multiple technical analysis concepts

Também poderá gostar de

Plots the ATR on the chart for easy visualization.
📊 Smart Floating Risk Pro – Advanced Risk Management for cTrader
Unlock trading precision with QQE! Dual QQE indicators with a Bollinger Bands zero line provide clear buy/sell signals.
Inside Bars • Outside Bars • Strong Bars • Round Numbers • Smart EMA Momentum
Flexible Volume Profile, designed with performance in mind.
New version of one of my favorites includes Fibonacci and moving average convergence divergence lines
ChartOverview – The Comprehensive Market Snapshot
SSL Channel with MTF modes, timeframe pattern, ATR envelope, and bar coloring.
Indicator that calculates the slope of a moving average (SMA) and displays the value of the slope in degrees
On Balance Volume (OBV) measures buying and selling pressure as a cumulative indicator.
Linear regression line with deviation-based upper/lower channels for trend and reversal analysis.
Show Renko Wicks / Tails. Solid Performance!
Price action to detect when the market changes trend (MSB) and defines, order blocks , ZigZag etc.📊
Pressure Scanner is a volatility-and-momentum to show both pressure states (squeeze on/off) and directional
Coloring trendline/ Colored Trendline / Color Trendline
Logótipo de "EKVWAP"
4.3
(6)
Grátis
This is an advanced VWAP indicator (Anchored or non-Anchored) that allows you to customize all the aspects of it.
This is an indicator that displays candlesticks from different timeframes. This is the demo version with a 30-day expira
Spot Inside Bar breakouts across all timeframes on cTrader
Desde 03/10/2024
144
Vendas
32.65K
Instalações gratuitas