Flag and Pennant patterns indicator: search for Flag and Pennant patterns
Flag and Pennant patterns indicator is designed to display on the price chart of the currency pair technical analysis patterns Flag and Pennant.
The principle of linear regression is used to find flag and pennant figures. Figure Flag is displayed with blue lines, Vympel figure - lines in red.
According to the experts at fortrader.org, Flag and Pennant patterns indicator can be used as an auxiliary. For clearer identification of TA shapes, you can use it in combination with volume indicators.
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