This post focuses on customizable factory scans associated with Bullish Butterfly harmonic pattern, which can be edited, modified, or rewritten and then scanned using ChartAlert’s native stock screener or technical analysis scanner, namely the Basic Scanner and Advanced Scanner.
Display recent bullish Butterfly harmonic patterns
List symbols where pattern is Butterfly Bullish Add Column Butterfly Bullish Status as Status Add Column Butterfly Bullish Target as Target Add Column Butterfly Bullish Date as Date Apply to NSE Plot
This scan is designed to identify NSE symbols that have recently exhibited a Bullish Butterfly harmonic pattern.
The scan results report provides information regarding the pattern’s present status, indicating whether it is confirmed or unconfirmed, and whether the pattern’s target has already been achieved.
Furthermore, the scan reveals the target level and the date on which the pattern was triggered.
Confirmed bullish Butterfly harmonic patterns
List symbols where pattern is ButterflyBull and ButterflyBullStatus = Confirmed Add Column ButterflyBullStatus as Status Add Column ButterflyBullTarget as Target Add Column ButterflyBullDt as Date Add Column PatternName Apply to NSE Plot
Please note that this specific scan code focuses solely on confirmed Bullish Butterfly harmonic patterns.
For insights into the Bullish Butterfly harmonic pattern, including the structure of the pattern, the psychology underlying it, how to trade the pattern, as well as an exploration of its advantages and limitations as a tool, click here.