What It Does and How to Use It

The Bull Flag Radar Indicator is expertly designed to help traders quickly and easily identify one of the most reliable bullish chart patterns: the bull flag. This pattern forms when a stock experiences a sharp upward move (the flagpole), followed by a brief consolidation in a tight range (the flag), and then breaks out to new highs. These setups are highly sought after for their ability to signal continued bullish momentum.

This study automatically detects and marks these patterns on your charts, simplifying the process for traders of all experience levels. The pullback phase is highlighted with a grey cloud, valid patterns are signaled with white dots, and breakout points are marked with grey up arrows for clear visual recognition.

Fully customizable inputs allow you to tailor the indicator to fit your trading style and preferred timeframes, making it ideal for both intraday and swing trading.