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Identify a specific market pattern

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The provided Pine Script is a TradingView indicator designed to identify a specific market pattern and plot entry and exit points with profit or loss (PnL) information directly on the chart. Here's what it does:

Identifies a Pattern:

Checks for three consecutive days where the closing price is lower than the previous day's close (down days) and the close is below the open.
Entry and Exit Criteria:

When the above pattern is detected, it marks:
Entry: On the close price of the third down day.
Exit: On the close price of the fourth day.
PnL Calculation:

Calculates the profit or loss (PnL) as the difference between the exit price (4th day close) and the entry price (3rd day close).
Visual Representation:

Plots a green "Entry" label on the chart at the entry point.
Plots a red "Exit" label on the chart at the exit point, displaying the calculated PnL.
Date Filter:

Only considers patterns occurring after a user-specified start date

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.