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Weis Wave Volume - Simple labels and comparisonThis script is designed to identify and display the Weis Wave Volume on a chart. The Weis Wave Volume is a volume-based indicator that helps traders analyze market waves, identify trend reversals, and assess the strength of a trend. The script calculates wave volume based on user-defined input parameters, detects price waves, and displays the results as labels on the chart. This version in particular is based on ideas from @the_MarketWhisperer and some other pieces of the script from @LucF. The overall functionality of the script is to identify price waves and their corresponding volume. It does this by determining the trend direction and detecting trend reversals based on user-defined inputs such as the Trend reversal length and Price source for trend detection. The script also calculates and displays the cumulative volume of the current wave, the number of bars in the wave, the average volume in the wave, and consecutive increasing average volume bars in the same wave: - An 'o' is printed to show that the volume of the current wave was 'O'ver/ above the count of the volume from preceding wave (regardless of it being up or down). - An 'u' is printed to show that the volume of the current wave was 'U'nder/ below the count of the volume from preceding wave (regardless of it being up or down). - Current wave will be between ' ' signaling that the wave is not confirmed yet. - Actual values for the wave are available as tooltips. You decide how many bars to show the labels for, but for now and since I am a fan of clean charts, this is set to 50. The user can adjust various inputs that affect the output of the script, such as Trend reversal length, Price source for trend detection, Labels for X last bars. Adjusting these inputs allows the trader to customize the script's behavior to better suit their trading style or specific market conditions. For example, by increasing the Trend reversal length, the script will require more consecutive bars in the opposite direction to confirm a trend reversal, potentially filtering out shorter-term price fluctuations. Similarly, adjusting the Price source for trend detection allows the user to base trend calculations on different price values, such as the high, low, or close of each bar. In addition to the customizable inputs, the user can enable or disable the display of pivot markers and choose the colors for the up and down volume labels. This helps the trader to easily visualize and analyze the wave volume information on the chart. In summary, this script offers traders a powerful tool for visualizing and analyzing the Weis Wave Volume on a chart. By identifying price waves, detecting trend reversals, and providing insights into the strength of a trend based on volume, the script can be a valuable addition to a trader's technical analysis toolbox. Please note this is not meant to provide any buy or sell signals, it should be rather used to complement your existing analysis. Have fun and trade wisely ;)
Indicador
por BollingerBoss
2
[JL] Supertrend Zone Pivot Point with zigzag fibThis is an open-source Pine script that generates a Supertrend Zone Pivot Point with Zigzag Fib indicator for TradingView. The indicator displays the Supertrend Zone, pivot points, and Fibonacci levels on the chart. One of the unique features of this indicator is that it uses a Zigzag that does not repaint, ensuring accurate high and low points for the pivot points. Another feature is that when the Supertrend is in an uptrend, only the highest points are taken as pivot points, and when it's in a downtrend, only the lowest points are taken as pivot points. The Fibonacci levels are calculated based on the previous high and low pivot points, with labels displaying the corresponding levels on the chart. The indicator also includes options to show/hide the Zigzag and Fibonacci levels. Overall, this indicator is useful for identifying key pivot points and Fibonacci levels in the Supertrend Zone, providing valuable information for traders to make informed decisions.
Indicador
por Jesse.Lau
40
Elliott Wave [LuxAlgo]The Elliott Wave indicator allows users to detect Elliott Wave (EW) impulses as well as corrective segments automatically on the chart. These are detected and displayed serially, allowing users to keep track of the evolution of an impulse or corrective wave. Fibonacci retracements constructed from detected impulse waves are also included. This script additionally allows users to get alerted on a wide variety of trigger conditions (see the ALERTS section below). 🔶 SETTINGS 🔹 Source • "high" -> options high, close, maximum of open/close • "low" -> options low, close, minimum of open/close 🔹 ZigZag • The source and length are used to check whether a new Pivot Point is found. Example: • source = high/low, length = 10: • There is a new pivot  high when: - previous high is higher than current high - the highs of 10 bars prior to previous high are all lower • These pivot  points  are used to form the ZigZag lines, which in their turn are used for pattern recognition 🔶 USAGE The basic principles we use to identify Elliott Wave impulses are: • A movement in the direction of the trend ( Motive/Impulse wave ) is divided in 5 waves (Wave 1 -> 5) • The Corrective Wave (against the trend) is divided in 3 waves (Wave A -> C) • The waves can be subdivided in smaller waves • Wave 2 can’t retrace more than the beginning of Wave 1 • Wave 4 does not overlap with the price territory of Wave 1 Here we see an example: Let's look at the development: • 1 bar after point (5) a confirmed 5 Motive Wave pattern is found (1 -> 5; The 5 Waves can also be seen as one large Wave 1 ). • Next, the script draws a set of Fibonacci lines, which are area's where the Corrective Wave potentially will bounce. Here we see the fifth wave is getting larger, the previous highest point is updated, and the Wave 5 is larger than Wave 3 : (At this point, the pattern is invalidated, and it display as dotted) Further progression in time: At this point, a confirmed " 3 Corrective Wave pattern " is found (a -> c) When a new high has developed, a circle is drawn (in the same color of the lines) However, when the bottom of the drawn box has breached, a red cross will be visualized. Further progression: Later on, a bearish  confirmed " 5 Motive Wave pattern " is found (1 -> 5): When a Corrective Wave becomes invalidated, the ABC pattern will display as dashed (not dotted): 🔶 TECHNIQUES Pine Script™ introduces methods! • More information can be found here: • Pine Script™ v5 User Manual 👉 Methods • Pine Script™ language reference manual 👉 method 🔶 ALERTS Dynamic alerts are included in the script, you only need to set 1 alert to receive following messages: • When a new EW Motive Pattern is found (Bullish/Bearish ) • When a new EW Corrective Pattern is found (Bullish/Bearish ) • When an EW Motive Pattern is invalidated (Bullish/Bearish ) • When an EW Corrective Pattern is invalidated (Bullish/Bearish ) • When possible, a start of a new EW Motive Wave is found (Bullish/Bearish ) • Here is information how you can set these alerts()
Indicador
por LuxAlgo
176
Harmonic Sine Waves model plot Hey, Here is another tool that I created. I could not find anything similar. This script is creating a sine wave, based on the given length, amplitude, horizontal vertical offset. After this it plots also nearest harmonics to the base sine wave and draws it on the chart. At the last step it sums up the value for base sine wave with its harmonics. This is a great way to experience how 4 basic sine waves, when summed up, are creating more complex chart. This shows that the 'chaotic' chart can be built on just a few most important factors. You do not have to "know every single fact" about the asset to make a proper forecast. You just need those most important. It is crucial though, to offset the chart in a correct way, so it is in phase with the asset that we work on.
Indicador
por bartekhl
7
Recursive Zigzag [Trendoscope]Here is an another outcome of Object Oriented Zigzag and Pattern Ecosystem of Libraries. We already have another implementation of recursive zigzag which makes use of earlier library rzigzag . Here in this example, we make use of similar logic but leverage the new type and method based Zigzag system libraries to derive the indicator. 🎲 Design Overview Similar to Recursive Auto Pitchfork, here too the indicator code is around 50 lines. Whereas most of the heavy lifting is done by the libraries. 🎲 Base Libraries Base libraries are those which does not have any dependency. They form basic structures which are later used in other libraries. These libraries need to be crafted carefully so that minimal updates are done later on. Any updates on these libraries will impact all the dependent libraries and scripts. 🎯 Drawing DrawingTypes - Defines basic drawing types Point, Line, Label, Box, Linefill and related property types. DrawingMethods - All the methods or functionality surrounding Basic types are defined here. 🎲 Layer 1 Libraries These are the libraries which has direct dependency on base libraries. 🎯 Zigzag ZigzagTypes - Types required for defining Zigzag and Divergence ZigzagMethods - Methods associated with Zigzag Type definitions. 🎲Indicator Indicator draws zigzags based on given length. And then recursively derives next level zigzags based on previous levels. As per the utility, indicator is useful in several ways Visualising price structure based on zigzag pivots - which in turn can help visualise patterns. Ability to add any oscillator makes it easy to spot divergences with choice of indicators. Programmers can use the derived values to build complex algorithms such as automatic pattern recognition. 🎯 Settings Settings are explained via tooltips. These are very much straight forward and directly related to zigzag, oscillators and divergence.
Indicador
por Trendoscope
45
PitchforkMethodsLibrary "PitchforkMethods" Methods associated with Pitchfork and Pitchfork Drawing. Depends on the library PitchforkTypes for Pitchfork/PitchforkDrawing objects which in turn use DrawingTypes for basic objects Point/Line/LineProperties. Also depends on DrawingMethods for related methods tostring(this)   Converts PitchforkTypes/Fork object to string representation   Parameters:      this : PitchforkTypes/Fork object   Returns: string representation of PitchforkTypes/Fork tostring(this)   Converts Array of PitchforkTypes/Fork object to string representation   Parameters:      this : Array of PitchforkTypes/Fork object   Returns: string representation of PitchforkTypes/Fork array tostring(this, sortKeys, sortOrder)   Converts PitchforkTypes/PitchforkProperties object to string representation   Parameters:      this : PitchforkTypes/PitchforkProperties object      sortKeys : If set to true, string output is sorted by keys.      sortOrder : Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys   Returns: string representation of PitchforkTypes/PitchforkProperties tostring(this, sortKeys, sortOrder)   Converts PitchforkTypes/PitchforkDrawingProperties object to string representation   Parameters:      this : PitchforkTypes/PitchforkDrawingProperties object      sortKeys : If set to true, string output is sorted by keys.      sortOrder : Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys   Returns: string representation of PitchforkTypes/PitchforkDrawingProperties tostring(this, sortKeys, sortOrder)   Converts PitchforkTypes/Pitchfork object to string representation   Parameters:      this : PitchforkTypes/Pitchfork object      sortKeys : If set to true, string output is sorted by keys.      sortOrder : Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys   Returns: string representation of PitchforkTypes/Pitchfork createDrawing(this)   Creates PitchforkTypes/PitchforkDrawing from PitchforkTypes/Pitchfork object   Parameters:      this : PitchforkTypes/Pitchfork object   Returns: PitchforkTypes/PitchforkDrawing object created createDrawing(this)   Creates PitchforkTypes/PitchforkDrawing array from PitchforkTypes/Pitchfork array of objects   Parameters:      this : array of PitchforkTypes/Pitchfork object   Returns: array of PitchforkTypes/PitchforkDrawing object created draw(this)   draws from PitchforkTypes/PitchforkDrawing object   Parameters:      this : PitchforkTypes/PitchforkDrawing object   Returns: PitchforkTypes/PitchforkDrawing object drawn delete(this)   deletes PitchforkTypes/PitchforkDrawing object   Parameters:      this : PitchforkTypes/PitchforkDrawing object   Returns: PitchforkTypes/PitchforkDrawing object deleted delete(this)   deletes underlying drawing of PitchforkTypes/Pitchfork object   Parameters:      this : PitchforkTypes/Pitchfork object   Returns: PitchforkTypes/Pitchfork object deleted delete(this)   deletes array of PitchforkTypes/PitchforkDrawing objects   Parameters:      this : Array of PitchforkTypes/PitchforkDrawing object   Returns: Array of PitchforkTypes/PitchforkDrawing object deleted delete(this)   deletes underlying drawing in array of PitchforkTypes/Pitchfork objects   Parameters:      this : Array of PitchforkTypes/Pitchfork object   Returns: Array of PitchforkTypes/Pitchfork object deleted clear(this)   deletes array of PitchforkTypes/PitchforkDrawing objects and clears the array   Parameters:      this : Array of PitchforkTypes/PitchforkDrawing object   Returns: void clear(this)   deletes array of PitchforkTypes/Pitchfork objects and clears the array   Parameters:      this : Array of Pitchfork/Pitchfork object   Returns: void
Biblioteca
por Trendoscope
2
PitchforkTypesLibrary "PitchforkTypes" User Defined Types to be used for Pitchfork and Drawing elements of Pitchfork. Depends on DrawingTypes for Point, Line, and LineProperties objects PitchforkDrawingProperties   Pitchfork Drawing Properties object   Fields:      extend : If set to true, forks are extended towards right. Default is true      fill : Fill forklines with transparent color. Default is true      fillTransparency : Transparency at which fills are made. Only considered when fill is set. Default is 80      forceCommonColor : Force use of common color for forks and fills. Default is false      commonColor : common fill color. Used only if ratio specific fill colors are not available or if forceCommonColor is set to true. PitchforkDrawing   Pitchfork drawing components   Fields:      medianLine : Median line of the pitchfork      baseLine : Base line of the pitchfork      forkLines : fork lines of the pitchfork      linefills : Linefills between forks Fork   Fork object property   Fields:      ratio : Fork ratio      forkColor : color of fork. Default is blue      include : flag to include the fork in drawing. Default is true PitchforkProperties   Pitchfork Properties   Fields:      forks : Array of Fork objects      type : Pitchfork type. Supported values are "regular", "schiff", "mschiff", Default is regular      inside : Flag to identify if to draw inside fork. If set to true, inside fork will be drawn Pitchfork   Pitchfork object   Fields:      a : Pivot Point A of pitchfork      b : Pivot Point B of pitchfork      c : Pivot Point C of pitchfork      properties : PitchforkProperties object which determines type and composition of pitchfork      dProperties : Drawing properties for pitchfork      lProperties : Common line properties for Pitchfork lines      drawing : PitchforkDrawing object
Biblioteca
por Trendoscope
ZigzagMethodsLibrary "ZigzagMethods" Object oriented implementation of Zigzag methods. Please refer to ZigzagTypes library for User defined types used in this library tostring(this, sortKeys, sortOrder, includeKeys)   Converts ZigzagTypes/Pivot object to string representation   Parameters:      this : ZigzagTypes/Pivot      sortKeys : If set to true, string output is sorted by keys.      sortOrder : Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys      includeKeys : Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered   Returns: string representation of ZigzagTypes/Pivot tostring(this, sortKeys, sortOrder, includeKeys)   Converts Array of Pivot objects to string representation   Parameters:      this : Pivot object array      sortKeys : If set to true, string output is sorted by keys.      sortOrder : Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys      includeKeys : Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered   Returns: string representation of Pivot object array tostring(this)   Converts ZigzagFlags object to string representation   Parameters:      this : ZigzagFlags object   Returns: string representation of ZigzagFlags tostring(this, sortKeys, sortOrder, includeKeys)   Converts ZigzagTypes/Zigzag object to string representation   Parameters:      this : ZigzagTypes/Zigzagobject      sortKeys : If set to true, string output is sorted by keys.      sortOrder : Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys      includeKeys : Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered   Returns: string representation of ZigzagTypes/Zigzag calculate(this, ohlc, indicators, indicatorNames)   Calculate zigzag based on input values and indicator values   Parameters:      this : Zigzag object      ohlc : Array containing OHLC values. Can also have custom values for which zigzag to be calculated      indicators : Array of indicator values      indicatorNames : Array of indicator names for which values are present. Size of indicators array should be equal to that of indicatorNames   Returns: current Zigzag object calculate(this)   Calculate zigzag based on properties embedded within Zigzag object   Parameters:      this : Zigzag object   Returns: current Zigzag object nextlevel(this)   Calculate Next Level Zigzag based on the current calculated zigzag object   Parameters:      this : Zigzag object   Returns: Next Level Zigzag object clear(this)   Clears zigzag drawings array   Parameters:      this : array   Returns: void drawfresh(this)   draws fresh zigzag based on properties embedded in ZigzagDrawing object   Parameters:      this : ZigzagDrawing object   Returns: ZigzagDrawing object drawcontinuous(this)   draws zigzag based on the zigzagmatrix input   Parameters:      this : ZigzagDrawing object   Returns:
Biblioteca
por Trendoscope
21
ZigzagTypesLibrary "ZigzagTypes" Zigzag related user defined types. Depends on DrawingTypes library for basic types Indicator   Indicator is collection of indicator values applied on high, low and close   Fields:      indicatorHigh : Indicator Value applied on High      indicatorLow : Indicator Value applied on Low PivotCandle   PivotCandle represents data of the candle which forms either pivot High or pivot low or both   Fields:      _high : High price of candle forming the pivot      _low : Low price of candle forming the pivot      length : Pivot length      pHighBar : represents number of bar back the pivot High occurred.      pLowBar : represents number of bar back the pivot Low occurred.      pHigh : Pivot High Price      pLow : Pivot Low Price      indicators : Array of Indicators - allows to add multiple Pivot   Pivot refers to zigzag pivot. Each pivot can contain various data   Fields:      point : pivot point coordinates      dir : direction of the pivot. Valid values are 1, -1, 2, -2      level : is used for multi level zigzags. For single level, it will always be 0      ratio : Price Ratio based on previous two pivots      indicatorNames : Names of the indicators applied on zigzag      indicatorValues : Values of the indicators applied on zigzag      indicatorRatios : Ratios of the indicators applied on zigzag based on previous 2 pivots ZigzagFlags   Flags required for drawing zigzag. Only used internally in zigzag calculation. Should not set the values explicitly   Fields:      newPivot : true if the calculation resulted in new pivot      doublePivot : true if the calculation resulted in two pivots on same bar      updateLastPivot : true if new pivot calculated replaces the old one. Zigzag   Zigzag object which contains whole zigzag calculation parameters and pivots   Fields:      length : Zigzag length. Default value is 5      numberOfPivots : max number of pivots to hold in the calculation. Default value is 20      offset : Bar offset to be considered for calculation of zigzag. Default is 0 - which means calculation is done based on the latest bar.      level : Zigzag calculation level - used in multi level recursive zigzags      zigzagPivots : array which holds the last n pivots calculated.      flags : ZigzagFlags object which is required for continuous drawing of zigzag lines. ZigzagObject   Zigzag Drawing Object   Fields:      zigzagLine : Line joining two pivots      zigzagLabel : Label which can be used for drawing the values, ratios, directions etc. ZigzagProperties   Object which holds properties of zigzag drawing. To be used along with ZigzagDrawing   Fields:      lineColor : Zigzag line color. Default is color.blue      lineWidth : Zigzag line width. Default is 1      lineStyle : Zigzag line style. Default is line.style_solid.      showLabel : If set, the drawing will show labels on each pivot. Default is false      textColor : Text color of the labels. Only applicable if showLabel is set to true.      maxObjects : Max number of zigzag lines to display. Default is 300      xloc : Time/Bar reference to be used for zigzag drawing. Default is Time - xloc.bar_time. ZigzagDrawing   Object which holds complete zigzag drawing objects and properties.   Fields:      properties : ZigzagProperties object which is used for setting the display styles of zigzag      drawings : array which contains lines and labels of zigzag drawing.      zigzag : Zigzag object which holds the calculations.
Biblioteca
por Trendoscope
7
DrawingMethodsLibrary "DrawingMethods" tostring(this, sortKeys, sortOrder, includeKeys)   Converts DrawingTypes/Point object to string representation   Parameters:      this : DrawingTypes/Point object      sortKeys : If set to true, string output is sorted by keys.      sortOrder : Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys      includeKeys : Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered   Returns: string representation of DrawingTypes/Point tostring(this, sortKeys, sortOrder, includeKeys)   Converts DrawingTypes/LineProperties object to string representation   Parameters:      this : DrawingTypes/LineProperties object      sortKeys : If set to true, string output is sorted by keys.      sortOrder : Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys      includeKeys : Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered   Returns: string representation of DrawingTypes/LineProperties tostring(this, sortKeys, sortOrder, includeKeys)   Converts DrawingTypes/Line object to string representation   Parameters:      this : DrawingTypes/Line object      sortKeys : If set to true, string output is sorted by keys.      sortOrder : Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys      includeKeys : Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered   Returns: string representation of DrawingTypes/Line tostring(this, sortKeys, sortOrder, includeKeys)   Converts DrawingTypes/LabelProperties object to string representation   Parameters:      this : DrawingTypes/LabelProperties object      sortKeys : If set to true, string output is sorted by keys.      sortOrder : Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys      includeKeys : Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered   Returns: string representation of DrawingTypes/LabelProperties tostring(this, sortKeys, sortOrder, includeKeys)   Converts DrawingTypes/Label object to string representation   Parameters:      this : DrawingTypes/Label object      sortKeys : If set to true, string output is sorted by keys.      sortOrder : Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys      includeKeys : Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered   Returns: string representation of DrawingTypes/Label tostring(this, sortKeys, sortOrder, includeKeys)   Converts DrawingTypes/Linefill object to string representation   Parameters:      this : DrawingTypes/Linefill object      sortKeys : If set to true, string output is sorted by keys.      sortOrder : Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys      includeKeys : Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered   Returns: string representation of DrawingTypes/Linefill tostring(this, sortKeys, sortOrder, includeKeys)   Converts DrawingTypes/BoxProperties object to string representation   Parameters:      this : DrawingTypes/BoxProperties object      sortKeys : If set to true, string output is sorted by keys.      sortOrder : Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys      includeKeys : Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered   Returns: string representation of DrawingTypes/BoxProperties tostring(this, sortKeys, sortOrder, includeKeys)   Converts DrawingTypes/BoxText object to string representation   Parameters:      this : DrawingTypes/BoxText object      sortKeys : If set to true, string output is sorted by keys.      sortOrder : Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys      includeKeys : Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered   Returns: string representation of DrawingTypes/BoxText tostring(this, sortKeys, sortOrder, includeKeys)   Converts DrawingTypes/Box object to string representation   Parameters:      this : DrawingTypes/Box object      sortKeys : If set to true, string output is sorted by keys.      sortOrder : Applicable only if sortKeys is set to true. Positive number will sort them in ascending order whreas negative numer will sort them in descending order. Passing 0 will not sort the keys      includeKeys : Array of string containing selective keys. Optional parmaeter. If not provided, all the keys are considered   Returns: string representation of DrawingTypes/Box delete(this)   Deletes line from DrawingTypes/Line object   Parameters:      this : DrawingTypes/Line object   Returns: Line object deleted delete(this)   Deletes label from DrawingTypes/Label object   Parameters:      this : DrawingTypes/Label object   Returns: Label object deleted delete(this)   Deletes Linefill from DrawingTypes/Linefill object   Parameters:      this : DrawingTypes/Linefill object   Returns: Linefill object deleted delete(this)   Deletes box from DrawingTypes/Box object   Parameters:      this : DrawingTypes/Box object   Returns: DrawingTypes/Box object deleted delete(this)   Deletes lines from array of DrawingTypes/Line objects   Parameters:      this : Array of DrawingTypes/Line objects   Returns: Array of DrawingTypes/Line objects delete(this)   Deletes labels from array of DrawingTypes/Label objects   Parameters:      this : Array of DrawingTypes/Label objects   Returns: Array of DrawingTypes/Label objects delete(this)   Deletes linefill from array of DrawingTypes/Linefill objects   Parameters:      this : Array of DrawingTypes/Linefill objects   Returns: Array of DrawingTypes/Linefill objects delete(this)   Deletes boxes from array of DrawingTypes/Box objects   Parameters:      this : Array of DrawingTypes/Box objects   Returns: Array of DrawingTypes/Box objects clear(this)   clear items from array of DrawingTypes/Line while deleting underlying objects   Parameters:      this : array   Returns: void clear(this)   clear items from array of DrawingTypes/Label while deleting underlying objects   Parameters:      this : array   Returns: void clear(this)   clear items from array of DrawingTypes/Linefill while deleting underlying objects   Parameters:      this : array   Returns: void clear(this)   clear items from array of DrawingTypes/Box while deleting underlying objects   Parameters:      this : array   Returns: void draw(this)   Creates line from DrawingTypes/Line object   Parameters:      this : DrawingTypes/Line object   Returns: line created from DrawingTypes/Line object draw(this)   Creates lines from array of DrawingTypes/Line objects   Parameters:      this : Array of DrawingTypes/Line objects   Returns: Array of DrawingTypes/Line objects draw(this)   Creates label from DrawingTypes/Label object   Parameters:      this : DrawingTypes/Label object   Returns: label created from DrawingTypes/Label object draw(this)   Creates labels from array of DrawingTypes/Label objects   Parameters:      this : Array of DrawingTypes/Label objects   Returns: Array of DrawingTypes/Label objects draw(this)   Creates linefill object from DrawingTypes/Linefill   Parameters:      this : DrawingTypes/Linefill objects   Returns: linefill object created draw(this)   Creates linefill objects from array of DrawingTypes/Linefill objects   Parameters:      this : Array of DrawingTypes/Linefill objects   Returns: Array of DrawingTypes/Linefill used for creating linefills draw(this)   Creates box from DrawingTypes/Box object   Parameters:      this : DrawingTypes/Box object   Returns: box created from DrawingTypes/Box object draw(this)   Creates labels from array of DrawingTypes/Label objects   Parameters:      this : Array of DrawingTypes/Label objects   Returns: Array of DrawingTypes/Label objects createLabel(this, lblText, tooltip, properties)   Creates DrawingTypes/Label object from DrawingTypes/Point   Parameters:      this : DrawingTypes/Point object      lblText : Label text      tooltip : Tooltip text. Default is na      properties : DrawingTypes/LabelProperties object. Default is na - meaning default values are used.   Returns: DrawingTypes/Label object createLine(this, other, properties)   Creates DrawingTypes/Line object from one DrawingTypes/Point to other   Parameters:      this : First DrawingTypes/Point object      other : Second DrawingTypes/Point object      properties : DrawingTypes/LineProperties object. Default set to na - meaning default values are used.   Returns: DrawingTypes/Line object createLinefill(this, other, fillColor, transparency)   Creates DrawingTypes/Linefill object from DrawingTypes/Line object to other DrawingTypes/Line object   Parameters:      this : First DrawingTypes/Line object      other : Other DrawingTypes/Line object      fillColor : fill color of linefill. Default is color.blue      transparency : fill transparency for linefill. Default is 80   Returns: Array of DrawingTypes/Linefill object createBox(this, other, properties, textProperties)   Creates DrawingTypes/Box object from one DrawingTypes/Point to other   Parameters:      this : First DrawingTypes/Point object      other : Second DrawingTypes/Point object      properties : DrawingTypes/BoxProperties object. Default set to na - meaning default values are used.      textProperties : DrawingTypes/BoxText object. Default is na - meaning no text will be drawn   Returns: DrawingTypes/Box object createBox(this, properties, textProperties)   Creates DrawingTypes/Box object from DrawingTypes/Line as diagonal line   Parameters:      this : Diagonal DrawingTypes/PoLineint object      properties : DrawingTypes/BoxProperties object. Default set to na - meaning default values are used.      textProperties : DrawingTypes/BoxText object. Default is na - meaning no text will be drawn   Returns: DrawingTypes/Box object
Biblioteca
por Trendoscope
2
DrawingTypesLibrary "DrawingTypes" User Defined Types for basic drawing structure. Other types and methods will be built on these. Point   Point refers to point on chart   Fields:      price : pivot price      bar : pivot bar      bartime : pivot bar time LineProperties   Properties of line object   Fields:      xloc : X Reference - can be either xloc.bar_index or xloc.bar_time. Default is xloc.bar_index      extend : Property which sets line to extend towards either right or left or both. Valid values are extend.right, extend.left, extend.both, extend.none. Default is extend.none      color : Line color      style : Line style, valid values are line.style_solid, line.style_dashed, line.style_dotted, line.style_arrow_left, line.style_arrow_right, line.style_arrow_both. Default is line.style_solid      width : Line width. Default is 1 Line   Line object created from points   Fields:      start : Starting point of the line      end : Ending point of the line      properties : LineProperties object which defines the style of line      object : Derived line object LabelProperties   Properties of label object   Fields:      xloc : X Reference - can be either xloc.bar_index or xloc.bar_time. Default is xloc.bar_index      yloc : Y reference - can be yloc.price, yloc.abovebar, yloc.belowbar. Default is yloc.price      color : Label fill color      style : Label style as defined in www.tradingview.com Default is label.style_none      textcolor : text color. Default is color.black      size : Label text size. Default is size.normal. Other values are size.auto, size.tiny, size.small, size.normal, size.large, size.huge      textalign : Label text alignment. Default if text.align_center. Other allowed values - text.align_right, text.align_left, text.align_top, text.align_bottom      text_font_family : The font family of the text. Default value is font.family_default. Other available option is font.family_monospace Label   Label object   Fields:      point : Point where label is drawn      lblText : label text      tooltip : Tooltip text. Default is na      properties : LabelProperties object      object : Pine label object Linefill   Linefill object   Fields:      line1 : First line to create linefill      line2 : Second line to create linefill      fillColor : Fill color      transparency : Fill transparency range from 0 to 100      object : linefill object created from wrapper BoxProperties   BoxProperties object   Fields:      border_color : Box border color. Default is color.blue      bgcolor : box background color      border_width : Box border width. Default is 1      border_style : Box border style. Default is line.style_solid      extend : Extend property of box. default is extend.none      xloc : defines if drawing needs to be done based on bar index or time. default is xloc.bar_index BoxText   Box Text properties.   Fields:      boxText : Text to be printed on the box      text_size : Text size. Default is size.auto      text_color : Box text color. Default is color.yellow.      text_halign : horizontal align style - default is text.align_center      text_valign : vertical align style - default is text.align_center      text_wrap : text wrap style - default is text.wrap_auto      text_font_family : Text font. Default is Box   Box object   Fields:      p1 : Diagonal point one      p2 : Diagonal point two      properties : Box properties      textProperties : Box text properties      object : Box object created
Biblioteca
por Trendoscope
4
3 Zigzag for MTF Fib Alert [MsF]Japanese below / 日本語説明は英文の後にあります。 ------------------------- This indicator that automatically displays Fibonacci from each High & Low based on 3 Zigzags. It's useful for multi-timeframe analysis. For example, Fibonacci calculated from the high and low prices (Zigzag 3 Period=100) of the upper timeframe can be displayed on the lower timeframe. Also, you can set alerts for each Fibonacci point. It is useful when you are waiting for the price to return to the discount (50% or less) or the premium (50% or more) of the upper timeframe. "Fib 1 - Crossing 0.00" … Trigger an alert when crossing the 0% line in Fibonacci of Zigzag1 "Fib 1 - Crossing 100.0" … Trigger an alert when crossing the 100% line in Fibonacci of Zigzag1 "Fib 1 - Crossing 23.6" … Trigger an alert when crossing the 23.6% line in Fibonacci of Zigzag1 "Fib 1 - Crossing 38.2" … Trigger an alert when crossing the 38.2% line in Fibonacci of Zigzag1 "Fib 1 - Crossing 50.0" … Trigger an alert when crossing the 50.0% line in Fibonacci of Zigzag1 "Fib 1 - Crossing 61.8" … Trigger an alert when crossing the 61.8% line in Fibonacci of Zigzag1 "Fib 1 - Crossing 76.4" … Trigger an alert when crossing the 76.4% line in Fibonacci of Zigzag1 *Same as Zigzag 1 and Zigzag 2 too. "Choose Zig Zag Leg for fib" parameter means... Latest : Calculate Fibonacci based on "the most recent Zigzag line". Previous : Calculate Fibonacci based on "the previous Zigzag line". ------------------------- 3つのZigzagを元に各High＆Lowからフィボナッチを自動で表示するインジケーターです。 Zigzagの期間を工夫することで、マルチタイムフレーム分析に役立ちます。 例えば、以下の設定とした場合： Zigzag 1 Period … 8 Zigzag 2 Period … 25 Zigzag 3 Period … 100 上位時間足Zigzag（Period=100）の高値安値から形成されるフィボナッチを下位時間足に表示することができるのです。 また、このインジケーターではフィボナッチのポイント毎にアラートの設定が可能です。 上位時間足の割安価格（50％以下）や割高価格（50％以上）に価格が戻ってくるのを待っている時などに力を発揮してくれます。 "Fib 1 - Crossing 0.00" … Zigzag1のフィボナッチにおいて、0%ラインとクロスした場合にアラートを発報します "Fib 1 - Crossing 100.0" … Zigzag1のフィボナッチにおいて、100%ラインとクロスした場合にアラートを発報します "Fib 1 - Crossing 23.6" … Zigzag1のフィボナッチにおいて、23.6%ラインとクロスした場合にアラートを発報します "Fib 1 - Crossing 38.2" … Zigzag1のフィボナッチにおいて、38.2%ラインとクロスした場合にアラートを発報します "Fib 1 - Crossing 50.0" … Zigzag1のフィボナッチにおいて、50.0%ラインとクロスした場合にアラートを発報します "Fib 1 - Crossing 61.8" … Zigzag1のフィボナッチにおいて、61.8%ラインとクロスした場合にアラートを発報します "Fib 1 - Crossing 76.4" … Zigzag1のフィボナッチにおいて、76.4%ラインとクロスした場合にアラートを発報します ※Zigzag1およびZigzag2のフィボナッチも同様 "Choose Zig Zag Leg for fib"パラメータについて： Latest … 一番新しいZigzagのライン（UpまたはDown）を元にフィボナッチを計算します。 Previous … ひとつ前のZigzagのライン（UpまたはDown）を元にフィボナッチを計算します。
Indicador
por Trader_Morry
28
Laguerre Stochastic | AdulariDescription: The Laguerre Stochastic is similar to a 4-period regular Stochastic, except that a Laguerre transform has been applied for price smoothing. The Laguerre transform is a mathematical technique that allows smooth indicators to be built using small amounts of data. How do I use it? Never use this indicator as standalone trading signal, it should be used as confluence. When the value is above the middle line this shows the bullish trend is strong. When the value is below the middle line this shows the bearish trend is strong. When the value crosses above the upper line this indicates the trend may reverse downwards. When the value crosses below the lower line this indicates the trend may reverse upwards. When the value crosses above the signal this indicates the current bearish trend is getting weak and may reverse upwards. When the value crosses below the signal this indicates the current bullish trend is getting weak and may reverse downwards. Features: Oscillator value indicating the difference between highs and lows fractioned by the close price. %D value acting as a smoothed version of the %K. Horizontal lines such as oversold, overbought and middle lines, indicating possible interest zones. How does it work? 1 — Calculate regular Stochastic value. 2 — Apply the Laguerre transform. 3 — Calculate %D value by applying smoothing to the %K value.
Indicador
por Adulari
TOTAL:(RSI+TSI)TOTAL:(RSI+TSI) This indicator collects instant data of RSI and TSI oscillators. RSI moves between (0) and (100) values as a moving line, while TSI moves between (-100) and (+100) values as two moving lines. The top value of the sum of these values is graphically; It takes the total value (+300) from RSI (+100), TSI (+100) and (+100). The lowest value of the sum of these values is graphically; It takes the value (-200) from the RSI (0), (-100) and (-100) from the TSI. In case this indicator approaches (+300) graphically; It can be seen that price candlesticks mostly move upwards. This may not always give accurate results. Past incompatibilities can affect this situation. In case this indicator approaches (-200) graphically; It can be seen that price candlesticks mostly move downwards. This may not always give accurate results. Past incompatibilities can affect this situation. The graphical movements and numerical values created by this indicator do not give precise results for price candles.
Indicador
por gokhanpirnal
Multi-Timeframe MA Based Zigzag[liwei666]🎲 Overview 🎯 This Zigzag indicator build based on different MA such as EMA/HMA/RMA/SMA, support multi-timeframe setting . you can get customer zigzag indicator by change short/long ma length and high-timeframe config(5m/15m/30m/1h/2h) in any symbol. 🎲 Indicator design logic 🎯 entired logic is simple and code looks complex, I‘ll explain core logic here, code already equipped with detailed comments. 1. use close-in EMA's highest/lowest value mark as SWING High/Low when EMA crossover/under, not use func ta.pivothigh()/ta.pivotlow() 2. when EMA crossover/under plot a char as signal like ●/❄/▲, crossover get blue char crossunder get red char 3. latest zigzag line is not drawn until EMA is turned (crossover/under), but signal is realtime 4. you can see diff zigzag structure when you open high-timeframe config, then find regular pattern benefit your trading. 🎲 Settings 🎯 there are 3 group properties in script, just focus on 5 properties in 'GRP1' , 'GRP2' and 'GRP3' are display config. 'GRP1': MA_Type: MA type you can choose(EMA/RMA/SMA/HMA/WMA), default is EMA short_ma_len: short MA length of your current timeframe on chart long_ma_len: long MA length of your current timeframe on chart htf_ma_len: MA length of high timeframe, MA type same as 'MA_Type' config htf_ma_tf: high timeframe ma length, 15/30/60/120 minute 'GRP2': • show_short_zz • show_long_zz  • show_htf_zz: 'GRP3': • show_short_ma_line • show_short_ma_signal • show_long_ma_line • show_long_ma_signal • show_htf_ma_line • show_htf_ma_signal 🎲 Usage 🎯 As we know, MA based signal usually worked fine in trend market , low volatility is unprofitable. 🎯 One of pattern as the chart show below. 1. success example : after a blue ▲ signal, entry long when blue ● signal appear, marked with green box. 2. failed example: after a blue ▲ signal, a red ▼ signal appear, marked with white box. 🎯 BoS(Break of Structure) based on ma zigzag is a good idea I'm implementing, it will be published in next script. Additionally, I plan to publish 20 profitable strategies in 2023; this indicatior not one of them, let‘s witness it together! Hope this indicator will be useful for you :) enjoy! 🚀🚀🚀
Indicador
por liwei666
2
ZigCycleBarCount [MsF]Japanese below / 日本語説明は英文の後にあります。 Based on "ZigZag++" indicator by DevLucem. Thanks for the great indicator. ------------------------- This indicator that displays the candle count (bar count) at the peaks of Zigzag . It also displays the price of the peaks. You can easily count candles (bars) from peak to peak. Helpful for candles (bars) in cycle theory. This logic of the indicator is based from the mt4 zigzag indicator . Parameter: Depth = depth (price range) Backstep = Period Deviation ＝ Percentage of how much the price has wrapped around the previous line. Example: Depth = 12 Backstep = 3 Deviation = 5 In this case, the price range is updated by 12 pips or more (Depth), and after 3 or more candlesticks line up (Backstep), if the price deviates from the previous line by 5% or more (Deviation), a peak is added. ------------------------- Zigzagの頂点にローソクカウント（バーカウント）を表示するインジケータです。 頂点の価格も表示します。 頂点から頂点までのローソク（バー）を容易にカウントすることができます。 サイクル理論のローソク（バー）に役立ちます。 Zigzagロジック自体はMT4のzigzagインジケータを流用しています。 ＜パラメータ＞ Depth＝深さ（値幅） Backstep＝期間 Deviation＝価格がどれだけ直前のラインの折り返したかの割合 例： Depth＝12 Backstep＝3 Deviation＝5 この場合、値幅を12pips以上更新し（Depth）、ローソク足が3本以上並んだ後（Backstep）、価格が直前のラインの5％以上折り返せば（Deviation）、頂点を付けます。 ＜表示オプション＞ Label_Style = "TEXT"…テキスト表示、"BALLOON"…吹き出し表示
Indicador
por Trader_Morry
32
ABC_caluculator for Ichimoku Kinko Hyo(IKH) usersThis tool is using for calculating Target Value(N,V,E prices) by only clicking on a chart. There is several points which makes it better. Decrease the number of times of clicking. Calculator needs a reset button, it's like loop structure. Push the reset and function again. Plot percentages which it compare closing price and Target Value(N,V,E prices) on a chart. Plot loss cut points from evaluating risk/returns. My question is also written down precisely here !!!!! ↓ stackoverflow.com
Indicador
por Top_Amelia
1
Channel Based Zigzag [HeWhoMustNotBeNamed]🎲 Concept Zigzag is built based on the price and number of offset bars. But, in this experiment, we build zigzag based on different bands such as Bollinger Band, Keltner Channel and Donchian Channel. The process is simple: 🎯 Derive bands based on input parameters 🎯 High of a bar is considered as pivot high only if the high price is above or equal to upper band. 🎯 Similarly low of a bar is considered as pivot low only if low price is below or equal to lower band. 🎯 Adding the pivot high/low follows same logic as that of regular zigzag where pivot high is always followed by pivot low and vice versa. 🎯 If the new pivot added is of same direction as that of last pivot, then both pivots are compared with each other and only the extreme one is kept. (Highest in case of pivot high and lowest in case of pivot low) 🎯 If a bar has both pivot high and pivot low - pivot with same direction as previous pivot is added to the list first before adding the pivot with opposite direction. 🎲 Use Cases Can be used for pattern recognition algorithms instead of standard zigzag. This will help derive patterns which are relative to bands and channels. Example: John Bollinger explains how to manually scan double tap using Bollinger Bands in this video: www.youtube.com This modified zigzag base can be used to achieve the same using algorithmic means. 🎲 Settings Few simple configurations which will let you select the band properties. Notice that there is no zigzag length here. All the calculations depend on the bands. With bands display, indicator looks something like this Note that pivots do not always represent highest/lowest prices. They represent highest/lowest price relative to bands. As mentioned many times, application of zigzag is not for buying at lower price and selling at higher price. It is mainly used for pattern recognition either manually or via algorithms. Lets build new Harmonic, Chart patterns, Trend Lines using the new zigzag?
Indicador
por Trendoscope
18