Technical Analysis Continuation Pattern: Ascending Triangle IndicatorTechnical Analysis Continuation Pattern: Ascending Triangle Indicator item is a Trading Indicator and it was created by bug man on June 28, 2010. The implementation of this Technical Analysis function required 3 lines. The function name is 'AscendingTriangle' and it is implemented using CSharp language. It allows 4 parameters. The different parameters are: IncreasePer (Type: Number - Default Value: 5): Decrease in percentage PRatio (Type: Number - Default Value: 3): The ratio of the triangle height and the distance between the trendline and the resistance line MaxPeriod (Type: Number - Default Value: 70): Maximum period to detect the formation MinPeriod (Type: Number - Default Value: 30): Minimum period to detect the formation Example: p = AscendingTriangle(5, 3, 70, 30); To plot the trading indicator on a chart: Plot(AscendingTriangle(5, 3, 70, 30), "Technical Analysis Continuation Pattern: Ascending Triangle Indicator", colorRed); Future and Past Bars: The trading indicator does not use future bars. It necessitates zero past bars. Click on this link to download Technical Analysis Continuation Pattern: Ascending Triangle Indicator Search terms used to find this trading item include triangle indicator, ascending triangle indicator, Triangle Pattern Indicator, accending triangle indicator, how to detect ascending triangle The trading object is saved under the following categories: Technical Analysis Trading Indicators: % bars in last N trading days where stock close price increased Strategy Indicator - Percent winning trades for a trading rule Percentile - Percent Rank of a Trading Indicator Dynamic Zones RSI - Technical Indicator Fisher Transform - Technical Indicator Better Volume Indicator Vortex Oscillator KST indicator String To Number Accumulation Swing Index Date Filter Weighted Linear Regression, Slope Weighted Linear Regression Directional Trend Index Percent Bollinger Bands Relative Volatility Index Haurlan Index Dave's New System - DNS Dynamic Momentum Index Darvas Box Indicator |
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