Auto AB=CD 1 to 1 Ratio Experimental

3 oct. 2021

This indicator was experimental based AB=CD, shows last AB=CD either Standard AB=CD or Reciprocal AB=CD which uses time instead of bar_index.
This build is based upon educational materials (refer below resources).
ABCD are based on 1 to 1 Ratio for price and time.

Features / Pros:
1. Show last AB=CD points and lines including table value.
2. Customize table position and size.
3. For desktop display only, not for mobile.

Cons:
1. Time for point D less accurate for intraday timeframe (minute, hour, etc) which may including holidays and depends on price volatility.
2. Label ratio not shown properly depends on timeframe especially for intraday timeframe and maybe for Daily and Weekly timeframe.
3. Experimental code, use at your own risk.

FAQ
1. Credits
Scott M Carney, Harmonic Trading: Volume One and Two.
LonesomeTheBlue for zigzag array source code.
HeWhoMustNotBeNamed for some guidance and advice.

2. Previous Build / Resources
Link 1
Link 2
Link 3
Link 4

3. Code Usage
Free to use for personal usage.

Left : Bullish AB=CD, Right : Bullish Reciprocal AB=CD


Left : Bearish AB=CD, Right : Bearish Reciprocal AB=CD

3 oct. 2021

Notes de version

Code clean up.
1. Follow Pine Script Coding Conventions
2. Add dependencies comment
3. Remove fun_avg()
4. Add abs() to ratio_CD

9 oct. 2021

Notes de version

Convert to Pine Script v5

1 mai 2022

Notes de version

Change Ternary function to switch

1 mai 2022

Notes de version

Code clean up