Note: This documentation applies to the Nuvexlens Advanced Charting System. Nuvexlens fully supports technical indicators and strategy backtesting to help you make smarter trading decisions.
All Chart Patterns
The indicator searches for the following patterns:
- Bullish Flag
- Bearish Flag
- Bullish Pennant
- Bearish Pennant
- Double Top
- Double Bottom
- Triple Top
- Triple Bottom
- Head And Shoulders
- Inverse Head And Shoulders
- Rising Wedge
- Falling Wedge
- Triangle
- Rectangle
- Cup and Handle
- Inverted Cup and Handle
Inputs:
- Patterns - Defines which pattern will be drawn depending on its status. Possible values: All, Awaiting and Reached, Only Awaiting, Last Awaiting. If Last Awaiting is selected, only one pattern with the Awaiting status will be displayed, the first point of which is located to the right of all the others.
- Price Targets - Defines which price targets will be drawn depending status of the pattern. Possible values: All, Only Awaiting, Awaiting and Reached, None.
- In Progress – Search for emerging patterns.
All other parameters of the patterns are taken by default from the corresponding individual indicators.
Also read: