This indicator will automatically detect Broadening Formation chart pattern.
It will draw two trend lines of the Broadening Formation on the chart when the pattern is formed.
Drawing Broadening Formation chart pattern for both real-time and historical data.
Adjustable length of pattern legs.
Using different combination of parameters, you can easily identify the Broadening Formation pattern in short term, midterm and long term.
It works on most of the time frames and chart types, including: minutes, daily, weekly, monthly, tick, renko, range, Heiken Ashi, etc.
Adjustable length of extension lines.
Switch for showing the latest pattern only or show all history patterns found on chart.
Select different sound alert files with switch.
Editable trend line color.
There is a plot that can be used from other NinjaScript, such as Strategy and Market Analyzer.
They will show up on current bar, no delay, no repaint or back-paint.
In default, the color is transparent, if you need to see the plots on the chart, just change its color to your desired ones.
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