Unconfirmed Near ‘Point D’ – Harmonic Pattern Stock Screener

3 minutes

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This post focuses on customizable factory scans associated with finding unconfirmed Harmonic Patterns near ‘Point D’, 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.

Also see more factory scans here: Harmonic Pattern Stock Screeners

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Unconfirmed Near Point D

Tags: Unconfirmed Harmonic Patterns near ‘Point D’

List symbols where pattern is HarmonicBull
and HarmonicBullStatus = Unconfirmed
and cl is near HarmonicBullPointD

Add Column HarmonicBullStatus as Status
Add Column HarmonicBullPointD as PointD
Add Column ChgRs(cl, HarmonicBullPointD) as DistFmPtDRs
Add Column Chg%(cl, HarmonicBullPointD) as DistFmPtD%
 Sort on Col DistFmPtD% desc
Add Column PatternName

Apply to NSE

Plot Pattern

This scan identifies potential Harmonic bullish patterns where the closing price is within 2% of Point D. The report shows the status and Point D value.

It also calculates the difference between the current closing price and Point D as a percentage and in Rupees (₹).

The results are sorted by percentage difference, from highest to lowest.

OPTION 1

The following scan specifically looks for unconfirmed Bullish Shark patterns where the closing price is within 1% of Harmonic Bull Point D.

List symbols where pattern is SharkBull
and SharkBullStatus = Unconfirmed
and cl is within 1% of HarmonicBullPointD

Add Column SharkBullStatus as Status
Add Column SharkBullPointD as PointD
Add Column ChgRs(cl, SharkBullPointD) as DistFmPtDRs
Add Column Chg%(cl, SharkBullPointD) as DistFmPtD%
Add Column PatternName

Sort on Col DistFmPtD% desc

Apply to NSE

Plot Pattern

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For comprehensive insights into the Ichimoku Kinko Hyo Indicator, including its interpretation, applicability to both trading and investing purposes, as well as an exploration of its advantages and limitations as an indicator, click here.