Chart Patterns Auto Detection, Measured Targets & Entry Signals — Indicator by Market_Logic_India

Script Specification

• Publisher: Market_Logic_India
• Host platform: TradingView
• Distribution: open-source, free to use
• Stated scope: auto detection of chart patterns, measured target projection, entry signal output
• Republishing constraint: subject to TradingView House Rules

No source text accompanied the listing beyond the platform's standard open-source notice. Functional parameters, detection algorithm, target calculation method, and entry logic are not described in the available material. Backtest output, hit rate, and drawdown profile are not provided.

Verification Checklist

1. Open the script on TradingView. Confirm author handle matches Market_Logic_India.

2. Review source code before applying. Open-source status enables code-level audit; the absence of audit is a risk.

3. Test on a sandbox chart first. Apply to instruments matching the original use case; document ticker, timeframe, and session.

4. Record output variance. Compare indicator-generated patterns against manual pattern identification on the same bars.

5. Track measured targets versus realized move. Compute win rate and average R-multiple across a fixed sample size before sizing.

6. Confirm API and alert limits. TradingView alert quotas apply per account tier; signal frequency must remain within plan constraints.

Verdict

Tool available. Performance unverified. Deploy only after code review and sample-size backtest.