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Bart Pattern

By LuxAlgoApr 12, 2022

Static chart image

Bart Pattern hunts the meme-famous formation (a violent vertical move, a flat shelf, then an equally abrupt move back the other way) in both regular and inverted form. Using median-filtered edge detection, it marks historical structures that so often resolve in a sharp reversal, giving traders a way to study how these shapes behave. Detection is retrospective rather than real-time.

How to Trade the Bart Pattern?

  • Completed patterns: review what followed each historical Bart. These formations often precede quick price movements, making them context for anticipating volatility.
  • Shelf edges: before completion, a breakout beyond support or resistance formed inside the flat section is the tradeable event, approached with caution, since sudden jumps are common around these structures.
  • Inverted Barts: toggle them on to catch the drop, shelf, and recovery mirror image.

The Bart pattern itself is a meme-born formation from around 2018, most at home on crypto charts, with causes still debated (over-leveraged participants for some, exchange spoofing for others), which is exactly why the detector favors careful study over blind entries. Prefer charts without cartoons? A simple display mode drops the meme visuals entirely.

Bart Pattern Settings

  • Median Lookback: lookback of the median filter behind edge detection; shorter periods find shorter, less spaced patterns.
  • Edge Detection Sensitivity: higher values decrease sensitivity to low-magnitude edges.
  • Range To Edges Threshold: lower values require flatter ranges between the two edges.
  • Show Inverted Barts: includes inverted formations in the display.
  • Mode: how detected patterns are drawn, including the simple meme-free option.

Frequently Asked Questions

Free indicator

Get free access to this indicator on the platforms below.

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NinjaTrader
MetaTrader 4/5
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