Multi ZigZag Harmonic Patterns

25 juil. 2021

Combining Multizigzag with harmonic patterns - this script generates harmonic patterns based on multiple deapth zigzags.

Input parameter allows to chose which Zigzag to be included in pattern identification and set different length, line color, width and style for each Zigzag combinations.

Pattern rules are as below:

Gartley

• xab = 0.618
  
• 0.382 <= abc <= 0.886
  
• 1.272 <= bcd <= 1.618 OR xad = 0.786
  

Crab

• 0.382 <= xab <= 0.618
  
• 0.382 <= abc <= 0.886
  
• 2.24 <= bcd <= 3.618 OR xad = 1.618
  

Deep Crab

• xab = 0.886
  
• 0.382 <= abc <= 0.886
  
• 2.0 <= bcd <= 3.618 OR xad = 1.618
  

Bat

• 0.382 <= xab <= 0.50
  
• 0.382 <= abc <= 0.886
  
• 1.618 <= bcd <= 2.618 OR xad = 0.886
  

Butterfly

• xab = 0.786
  
• 0.382 <= abc <= 0.886
  
• 1.618 <= bcd <= 2.618 OR 1.272 <= xad <= 2.618
  

Shark

• xab = 0.786
  
• 1.13 <= abc <= 1.618
  
• 1.618 <= bcd <= 2.24 OR 0.886 <= xad <= 1.13
  

Cypher

• 0.382 <= xab <= 0.618
  
• 1.13 <= abc <= 1.414
  
• 1.272 <= bcd <= 2.0 OR xad = 0.786
  

Three Drives

• oxa = 0.618
  
• 1.27 <= xab <= 1.618
  
• abc = 0.618
  
• 1.27 <= bcd <= 1.618
  

5-0

• 1.13 <= xab <= 1.618
  
• 1.618 <= abc <= 2.24
  
• bcd = 0.5
  

Related scripts are present here:

25 juil. 2021

Notes de version

Add max_bars_back

26 juil. 2021

Notes de version

Added alert condition

27 juil. 2021

Notes de version

Fixed minor calculation error with respect to zigzag

28 juil. 2021

Notes de version

Added ABCD patterns and Double Top/Bottom patterns to this script. With multiple zigzags running, display can become messy. Disable the ones you don't use in your input parameters.

31 juil. 2021

Notes de version

Fix zigzag logical error

1 août 2021

Notes de version

• Removed not so important line width and line style parameters.
  
• Set all width to 1 and style to solid.
  
• Changed colors to suit dark theme :)
  

5 oct. 2021

Notes de version

Convert to pine 5

2 mai 2022

Notes de version

Updated signature and tags.

2 mai 2022

Notes de version

Update tags