Multi ZigZag Harmonic Patterns

25 de jul. de 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 de jul. de 2021

Notas de Lançamento

Add max_bars_back

26 de jul. de 2021

Notas de Lançamento

Added alert condition

27 de jul. de 2021

Notas de Lançamento

Fixed minor calculation error with respect to zigzag

28 de jul. de 2021

Notas de Lançamento

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 de jul. de 2021

Notas de Lançamento

Fix zigzag logical error

1 de ago. de 2021

Notas de Lançamento

• 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 de out. de 2021

Notas de Lançamento

Convert to pine 5

2 de mai. de 2022

Notas de Lançamento

Updated signature and tags.

2 de mai. de 2022

Notas de Lançamento

Update tags