Bull Bear Flag

SETTING MANUAL

1/ What is Bull Bear Flag?

Introduction:

The Bull Bear Flag Indicator focuses on identifying key trend continuation patterns.
It employs advanced pattern recognition algorithms to accurately detect Bull and Bear flag formations, offering high-probability trade setups and clear insights into potential market breakouts.

Benefits:

Accurate Trend Continuation: Quickly spots Bull and Bear flag patterns for reliable trend continuation signals.
Precision Trading: Enhances entry and exit point accuracy, outperforming traditional indicators.
Clear Trade Opportunities: Filters market noise, highlighting high-probability trades.
Automated Calculations: Simplifies trading with auto-calculated entries, stops, and targets.
Versatile Use: Effective in various markets and timeframes, suitable for diverse strategies.
Timely Alerts: Delivers timely alerts to ensure no missed trading opportunities.

2/ Indicator Setting - Bull Bear Flag

Min Count of Consecutive Candles: Set minimum consecutive candles for a valid pattern.This helps in identifying stronger trends.

Min Count of Pullback Candles: Define minimum pullback candles for trend confirmation. This assists in confirming trend continuation.

SL & TP Settings:

ATR Period for SL Shift: Choose periods for ATR-based stop loss adjustment.

SL Shift Coefficient: Set how much ATR influences stop loss movement.

TP Coefficient: Define take profit distance as a ratio of the stop loss.

STYLING:

Bullish Pole Color: Choose the color for the pole of a Bullish flag pattern on the chart.

Bullish Flag Color: Select the color for the flag portion of a Bullish flag pattern.

Bearish Pole Color: Set the color for the pole of a Bearish flag pattern.

Bearish Flag Color: Determine the color for the flag portion of a Bearish flag pattern.

Up Arrow Color: Pick a color for the arrow indicating a bullish signal.

Down Arrow Color: Choose a color for the arrow showing a bearish signal.

Up/Down Arrow Size: Adjust the size of the up and down arrows for better visibility.

Display TP/SL on Chart: Toggle to show or hide the take profit and stop loss levels directly on the chart.

TP Color: Set the color for the take profit line or marker.

SL Color: Choose the color for the stop loss line or marker.

Max Bars to Calculate: Determine the maximum number of bars the indicator should use for its calculations, affecting how far back the analysis goes.

How can I set up alerts?

To stay updated on potential trading opportunities, you can set up alerts within the Bull Bear Flag.

Step 1: From the indicator settings, customize your alerts by defining your desired parameters. The selected configurations will be used for notifications in Step 2.

Step 2: To receive notifications through the app, pop-ups, alert emails, Webhook URL, sound alerts, or email-to-SMS, enable these features by clicking on TradingView's “Alert” icon.

Step 3: Select Bull Bear Flag from the “Condition” dropdown list:

Step 4: A pop-up will appear as follows. You click on “Notifications”.

Step 5: You choose the types of notifications you'd like to receive and click the “Create” button.