PINE LIBRARY
chartpatterns
Library "chartpatterns"
Library having complete chart pattern implementation
method draw(this)
draws pattern on the chart
Namespace types: Pattern
Parameters:
this (Pattern): Pattern object that needs to be drawn
Returns: Current Pattern object
method draw(this)
draws pattern on the chart
Namespace types: FNPPattern
Parameters:
this (FNPPattern): FNPPattern object that needs to be drawn
Returns: Current FNPPattern object
method erase(this)
erase the given pattern on the chart
Namespace types: Pattern
Parameters:
this (Pattern): Pattern object that needs to be erased
Returns: Current Pattern object
method erase(this)
erase the given pattern on the chart
Namespace types: FNPPattern
Parameters:
this (FNPPattern): Pattern object that needs to be erased
Returns: Current Pattern object
method createFNP(p, base)
creates FNP Pattern from base Pattern
Namespace types: Pattern
Parameters:
p (Pattern): Pattern object from which the FNP Pattern needs to be created
base (chart.point): base point of the flag or pennant
Returns: Current Pattern object
method push(this, p, maxItems)
push Pattern object to the array by keeping maxItems limit
Namespace types: array<Pattern>
Parameters:
this (array<Pattern>): array of Pattern objects
p (Pattern): Pattern object to be added to array
@oaram maxItems Max number of items the array can hold
maxItems (int)
Returns: Current Pattern array
method push(this, p, maxItems)
push FNPPattern object to the array by keeping maxItems limit
Namespace types: array<FNPPattern>
Parameters:
this (array<FNPPattern>): array of FNPPattern objects
p (FNPPattern): FNPPattern object to be added to array
@oaram maxItems Max number of items the array can hold
maxItems (int)
Returns: Current FNPPattern array
method findPattern(this, properties, dProperties, patterns, ohlcArray, maxLivePatterns, draw)
Find patterns based on the currect zigzag object and store them in the patterns array
Namespace types: zg.Zigzag
Parameters:
this (Zigzag type from Trendoscope/ZigzagLite/3): Zigzag object containing pivots
properties (ScanProperties): ScanProperties object
@oaram dProperties DrawingProperties object
dProperties (DrawingProperties)
patterns (array<Pattern>): Array of Pattern objects
ohlcArray (array<OHLC> type from Trendoscope/ohlc/3)
maxLivePatterns (int): max number of patterns to be retained in the patterns array
draw (bool): pattern is drawn on the chart automatically if set to true
Returns: Current Pattern object
method findPatternPlain(this, properties, dProperties, patterns, ohlcArray)
Find patterns based on the currect zigzag object but will not store them in the pattern array.
Namespace types: zg.Zigzag
Parameters:
this (Zigzag type from Trendoscope/ZigzagLite/3): Zigzag object containing pivots
properties (ScanProperties): ScanProperties object
@oaram dProperties DrawingProperties object
dProperties (DrawingProperties)
patterns (array<Pattern>): Array of Pattern objects
ohlcArray (array<OHLC> type from Trendoscope/ohlc/3)
Returns: Flag indicating if the pattern is valid, Current Pattern object
method findFNP(this, currentPattern, sProperties)
Find flag and pennant patterns based on the current zigzag object and returns the pattern object along with flag
Namespace types: zg.Zigzag
Parameters:
this (Zigzag type from Trendoscope/ZigzagLite/3): Zigzag object containing pivots
currentPattern (Pattern): Pattern object to be used as base
sProperties (ScanProperties): ScanProperties object
Returns: Flag indicating if the fng pattern is valid, new FNPPattern object
ScanProperties
Object containing properties for pattern scanning
Fields:
offset (series int): Zigzag pivot offset. Set it to 1 for non repainting scan.
numberOfPivots (series int): Number of pivots to be used in pattern search. Can be either 5 or 6
errorRatio (series float): Error Threshold to be considered for comparing the slope of lines
flatRatio (series float): Retracement ratio threshold used to determine if the lines are flat
flagRatio (series float): max ratio threshold for flag and pennnant
checkBarRatio (series bool): Also check bar ratio are within the limits while scanning the patterns
barRatioLimit (series float): Bar ratio limit used for checking the bars. Used only when checkBarRatio is set to true
avoidOverlap (series bool): avoid overlapping patterns.
repaint (series bool): allow repainting pattern if the new coordinates are more appropriate
allowedPatterns (array<bool>): array of bool encoding the allowed pattern types.
allowedLastPivotDirections (array<int>): array of int representing allowed last pivot direction for each pattern types
themeColors (array<color>): color array of themes to be used.
DrawingProperties
Object containing properties for pattern drawing
Fields:
patternLineWidth (series int): Line width of the pattern trend lines
showZigzag (series bool): show zigzag associated with pattern
zigzagLineWidth (series int): line width of the zigzag lines. Used only when showZigzag is set to true
zigzagLineColor (series color): color of the zigzag lines. Used only when showZigzag is set to true
showPatternLabel (series bool): display pattern label containing the name
patternLabelSize (series string): size of the pattern label. Used only when showPatternLabel is set to true
showPivotLabels (series bool): Display pivot labels of the patterns marking 1-6
pivotLabelSize (series string): size of the pivot label. Used only when showPivotLabels is set to true
pivotLabelColor (series color): color of the pivot label outline. chart.bg_color or chart.fg_color are the appropriate values.
deleteOnPop (series bool): delete the pattern when popping out from the array of Patterns.
Pattern
Object containing Individual Pattern data
Fields:
pivots (array<Pivot> type from Trendoscope/ZigzagLite/3): array of Zigzag Pivot points
trendLine1 (Line type from Trendoscope/LineWrapper/2): First trend line joining pivots 1, 3, 5
trendLine2 (Line type from Trendoscope/LineWrapper/2): Second trend line joining pivots 2, 4 (, 6)
properties (DrawingProperties): DrawingProperties Object carrying common properties
patternColor (series color): Individual pattern color. Lines and labels will be using this color.
ratioDiff (series float): Difference between trendLine1 and trendLine2 ratios
zigzagLine (series polyline): Internal zigzag line drawing Object
pivotLabels (array<label>): array containning Pivot labels
patternLabel (series label): pattern label Object
patternType (series int): integer representing the pattern type
patternName (series string): Type of pattern in string
FNPPattern
Object containing Individual Pattern data
Fields:
pivots (array<Pivot> type from Trendoscope/ZigzagLite/3): array of Zigzag Pivot points
trendLine1 (Line type from Trendoscope/LineWrapper/2): First trend line joining pivots 1, 3, 5
trendLine2 (Line type from Trendoscope/LineWrapper/2): Second trend line joining pivots 2, 4 (, 6)
baseLine (Line type from Trendoscope/LineWrapper/2): Base line of the flag or pennant
properties (DrawingProperties): DrawingProperties Object carrying common properties
patternColor (series color): Individual pattern color. Lines and labels will be using this color.
ratioDiff (series float): Difference between trendLine1 and trendLine2 ratios
zigzagLine (series polyline): Internal zigzag line drawing Object
pivotLabels (array<label>): array containning Pivot labels
patternLabel (series label): pattern label Object
patternType (series int): integer representing the pattern type
patternName (series string): Type of pattern in string
Library having complete chart pattern implementation
method draw(this)
draws pattern on the chart
Namespace types: Pattern
Parameters:
this (Pattern): Pattern object that needs to be drawn
Returns: Current Pattern object
method draw(this)
draws pattern on the chart
Namespace types: FNPPattern
Parameters:
this (FNPPattern): FNPPattern object that needs to be drawn
Returns: Current FNPPattern object
method erase(this)
erase the given pattern on the chart
Namespace types: Pattern
Parameters:
this (Pattern): Pattern object that needs to be erased
Returns: Current Pattern object
method erase(this)
erase the given pattern on the chart
Namespace types: FNPPattern
Parameters:
this (FNPPattern): Pattern object that needs to be erased
Returns: Current Pattern object
method createFNP(p, base)
creates FNP Pattern from base Pattern
Namespace types: Pattern
Parameters:
p (Pattern): Pattern object from which the FNP Pattern needs to be created
base (chart.point): base point of the flag or pennant
Returns: Current Pattern object
method push(this, p, maxItems)
push Pattern object to the array by keeping maxItems limit
Namespace types: array<Pattern>
Parameters:
this (array<Pattern>): array of Pattern objects
p (Pattern): Pattern object to be added to array
@oaram maxItems Max number of items the array can hold
maxItems (int)
Returns: Current Pattern array
method push(this, p, maxItems)
push FNPPattern object to the array by keeping maxItems limit
Namespace types: array<FNPPattern>
Parameters:
this (array<FNPPattern>): array of FNPPattern objects
p (FNPPattern): FNPPattern object to be added to array
@oaram maxItems Max number of items the array can hold
maxItems (int)
Returns: Current FNPPattern array
method findPattern(this, properties, dProperties, patterns, ohlcArray, maxLivePatterns, draw)
Find patterns based on the currect zigzag object and store them in the patterns array
Namespace types: zg.Zigzag
Parameters:
this (Zigzag type from Trendoscope/ZigzagLite/3): Zigzag object containing pivots
properties (ScanProperties): ScanProperties object
@oaram dProperties DrawingProperties object
dProperties (DrawingProperties)
patterns (array<Pattern>): Array of Pattern objects
ohlcArray (array<OHLC> type from Trendoscope/ohlc/3)
maxLivePatterns (int): max number of patterns to be retained in the patterns array
draw (bool): pattern is drawn on the chart automatically if set to true
Returns: Current Pattern object
method findPatternPlain(this, properties, dProperties, patterns, ohlcArray)
Find patterns based on the currect zigzag object but will not store them in the pattern array.
Namespace types: zg.Zigzag
Parameters:
this (Zigzag type from Trendoscope/ZigzagLite/3): Zigzag object containing pivots
properties (ScanProperties): ScanProperties object
@oaram dProperties DrawingProperties object
dProperties (DrawingProperties)
patterns (array<Pattern>): Array of Pattern objects
ohlcArray (array<OHLC> type from Trendoscope/ohlc/3)
Returns: Flag indicating if the pattern is valid, Current Pattern object
method findFNP(this, currentPattern, sProperties)
Find flag and pennant patterns based on the current zigzag object and returns the pattern object along with flag
Namespace types: zg.Zigzag
Parameters:
this (Zigzag type from Trendoscope/ZigzagLite/3): Zigzag object containing pivots
currentPattern (Pattern): Pattern object to be used as base
sProperties (ScanProperties): ScanProperties object
Returns: Flag indicating if the fng pattern is valid, new FNPPattern object
ScanProperties
Object containing properties for pattern scanning
Fields:
offset (series int): Zigzag pivot offset. Set it to 1 for non repainting scan.
numberOfPivots (series int): Number of pivots to be used in pattern search. Can be either 5 or 6
errorRatio (series float): Error Threshold to be considered for comparing the slope of lines
flatRatio (series float): Retracement ratio threshold used to determine if the lines are flat
flagRatio (series float): max ratio threshold for flag and pennnant
checkBarRatio (series bool): Also check bar ratio are within the limits while scanning the patterns
barRatioLimit (series float): Bar ratio limit used for checking the bars. Used only when checkBarRatio is set to true
avoidOverlap (series bool): avoid overlapping patterns.
repaint (series bool): allow repainting pattern if the new coordinates are more appropriate
allowedPatterns (array<bool>): array of bool encoding the allowed pattern types.
allowedLastPivotDirections (array<int>): array of int representing allowed last pivot direction for each pattern types
themeColors (array<color>): color array of themes to be used.
DrawingProperties
Object containing properties for pattern drawing
Fields:
patternLineWidth (series int): Line width of the pattern trend lines
showZigzag (series bool): show zigzag associated with pattern
zigzagLineWidth (series int): line width of the zigzag lines. Used only when showZigzag is set to true
zigzagLineColor (series color): color of the zigzag lines. Used only when showZigzag is set to true
showPatternLabel (series bool): display pattern label containing the name
patternLabelSize (series string): size of the pattern label. Used only when showPatternLabel is set to true
showPivotLabels (series bool): Display pivot labels of the patterns marking 1-6
pivotLabelSize (series string): size of the pivot label. Used only when showPivotLabels is set to true
pivotLabelColor (series color): color of the pivot label outline. chart.bg_color or chart.fg_color are the appropriate values.
deleteOnPop (series bool): delete the pattern when popping out from the array of Patterns.
Pattern
Object containing Individual Pattern data
Fields:
pivots (array<Pivot> type from Trendoscope/ZigzagLite/3): array of Zigzag Pivot points
trendLine1 (Line type from Trendoscope/LineWrapper/2): First trend line joining pivots 1, 3, 5
trendLine2 (Line type from Trendoscope/LineWrapper/2): Second trend line joining pivots 2, 4 (, 6)
properties (DrawingProperties): DrawingProperties Object carrying common properties
patternColor (series color): Individual pattern color. Lines and labels will be using this color.
ratioDiff (series float): Difference between trendLine1 and trendLine2 ratios
zigzagLine (series polyline): Internal zigzag line drawing Object
pivotLabels (array<label>): array containning Pivot labels
patternLabel (series label): pattern label Object
patternType (series int): integer representing the pattern type
patternName (series string): Type of pattern in string
FNPPattern
Object containing Individual Pattern data
Fields:
pivots (array<Pivot> type from Trendoscope/ZigzagLite/3): array of Zigzag Pivot points
trendLine1 (Line type from Trendoscope/LineWrapper/2): First trend line joining pivots 1, 3, 5
trendLine2 (Line type from Trendoscope/LineWrapper/2): Second trend line joining pivots 2, 4 (, 6)
baseLine (Line type from Trendoscope/LineWrapper/2): Base line of the flag or pennant
properties (DrawingProperties): DrawingProperties Object carrying common properties
patternColor (series color): Individual pattern color. Lines and labels will be using this color.
ratioDiff (series float): Difference between trendLine1 and trendLine2 ratios
zigzagLine (series polyline): Internal zigzag line drawing Object
pivotLabels (array<label>): array containning Pivot labels
patternLabel (series label): pattern label Object
patternType (series int): integer representing the pattern type
patternName (series string): Type of pattern in string
Pine library
In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in publications is governed by House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Pine library
In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in publications is governed by House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.