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Wave Analysis

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:
Pine Script™ library
by 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.
Pine Script™ library
by 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
Pine Script™ library
by 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
Pine Script™ library
by 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。
Pine Script™ indicator
by Trader_Morry
23
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.
Pine Script™ indicator
by 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.
Pine Script™ indicator
by 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! 🚀🚀🚀
Pine Script™ indicator
by 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
Pine Script™ indicator
by Trader_Morry
30
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
Pine Script™ indicator
by 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?
Pine Script™ indicator
by Trendoscope
18
HLC3_ZThis indicator uses a single price point for each session (HLC3 by default) to draw waves. This helps to filter out small or high frequency fluctuation in the price, and focus on the trend. There are also options to display cumulative volume for each wave, or to overlay the price source to draw the wave on the chart. I find using this indicator helps with finding the wave structures or the head or bottom structures such as head-and-shoulder.
Pine Script™ indicator
by TradePriceActionWithMe
Moving Average Based Zig ZagMoving Average Based Zig Zag differs from the traditional Zig Zag indicator in that pivot points are determined by a moving average, Volume Weighted Hull Moving Average, rather than looking for the highest or lowest point in a left / right period. Settings Source: the source for the pivot points. Moving Average Length: the length of the Volume Weighted Hull Moving Average, increase for longer zig zags, decrease for shorter zig zags. Usage Like all Zig Zag indicators, the Moving Average Based Zig Zag is not intended to be used as a live trading tool. This indicator is intended to be an alternative way of determining pivot points on your chart. Pivot points can be used for a multitude of different analytical techniques. One may use pivot points in order to draw potential support and resistance lines, trend lines or chart patterns. Additionally, pivot points can be used to determine variations of highs and lows important to market structure analysis such as break of structure or change of character. Details The moving average used is a Volume Weighted Hull Moving Average, this particular moving average was used due to it's relatively low-lag characteristics when compared to an Exponential Moving Average, additionally by considering volume in the moving average calculation, insignificant pivot points can be further filtered. Rather than using built-in functions `ta.pivothigh()` and `ta.pivotlow()` to determine pivot points, this indicator waits for the moving average to pivot then searches for the highest or lowest value from the bar index of the moving average pivot to the bar index of the previous found price pivot. This method of determining pivots provides a more dynamic approach to determining pivot points.
Pine Script™ indicator
by DeltaSeek
Wavetrend in Dynamic Zones with Kumo Implied VolatilityI was asked to do one of those, so here we go... As always free and open source as it should be. Do not pay for such indicators! A WaveTrend Indicator or also widely known as "Market Cipher" is an Indicator that is based on Moving Averages, therefore its an "lagging indicator". Lagging indicators are best used in combination with leading indicators. In this script the "leading indicator" component are Daily, Weekly or Monthly Pivots . These Pivots can be used as dynamic Support and Resistance , Stoploss, Take Profit etc. This indicator combination is best used in larger timeframes. For lower timeframes you might need to change settings to your liking. The general Wavetrend settings are the same that are used in Market Cipher, Market Liberator and such popular indicators. What are these circles? -These are the WaveTrend Divergences. Red for Regular-Bearish. Orange for Hidden-Bearish. Green for Regular-Bullish. Aqua for Hidden-Bullish. What are these white, orange and aqua triangles? -These are the WaveTrend Pivots. A Pivot counter was added. Every time a pivot is lower than the previous one, an orange triangle is printed, every time a pivot is higher than the previous one an aqua triangle is printed. That mimics a very common way Wavetrend is being used for trading when using those other paid Wavetrend indicators. What are these Orange and Aqua Zones? -These are Dynamic Zones based on the indicator itself, they offer more information than static zones. Of course static lines are also included and can be adjusted. What are the lines between the waves? -This is a Kumo Cloud Implied Volatility indicator. It is color coded and can be used to indicate if a major market move/bottom/top happened. What are those numbers on the right? -The first number is a Bollinger Band indicator that shows if said Bollinger Band is in a state of Oversold/Overbought, the second number is the actual Bollinger Band Width that indicates if the Bollinger Band squeezes, normally that happens right before the market makes an explosive move. Please keep in mind that this indicator is a tool and not a strategy, do not blindly trade signals, do your own research first! Use this indicator in conjunction with other indicators to get multiple confirmations.
Pine Script™ indicator
by AdonisWerther
20
WaveTrend 3D█  OVERVIEW WaveTrend 3D (WT3D) is a novel implementation of the famous WaveTrend (WT) indicator and has been completely redesigned from the ground up to address some of the inherent shortcomings associated with the traditional WT algorithm. █  BACKGROUND The WaveTrend (WT) indicator has become a widely popular tool for traders in recent years. WT was first ported to PineScript in 2014 by the user @LazyBear, and since then, it has ascended to become one of the Top 5 most popular scripts on TradingView. The WT algorithm appears to have origins in a lesser-known proprietary algorithm called Trading Channel Index (TCI), created by AIQ Systems in 1986 as an integral part of their commercial software suite, TradingExpert Pro. The software’s reference manual states that “TCI identifies changes in price direction” and is “an adaptation of Donald R. Lambert’s Commodity Channel Index (CCI)”, which was introduced to the world six years earlier in 1980. Interestingly, a vestige of this early beginning can still be seen in the source code of LazyBear’s script, where the final EMA calculation is stored in an intermediate variable called “tci” in the code. █  IMPLEMENTATION DETAILS WaveTrend 3D is an alternative implementation of WaveTrend that directly addresses some of the known shortcomings of the indicator, including its unbounded extremes, susceptibility to whipsaw, and lack of insight into other timeframes. In the canonical WT approach, an exponential moving average (EMA) for a given lookback window is used to assess the variability between price and two other EMAs relative to a second lookback window. Since the difference between the average price and its associated EMA is essentially unbounded, an arbitrary scaling factor of 0.015 is typically applied as a crude form of rescaling but still fails to capture 20-30% of values between the range of -100 to 100. Additionally, the trigger signal for the final EMA (i.e., TCI) crossover-based oscillator is a four-bar simple moving average (SMA), which further contributes to the net lag accumulated by the consecutive EMA calculations in the previous steps. The core idea behind WT3D is to replace the EMA-based crossover system with modern Digital Signal Processing techniques. By assuming that price action adheres approximately to a Gaussian distribution, it is possible to sidestep the scaling nightmare associated with unbounded price differentials of the original WaveTrend method by focusing instead on the alteration of the underlying Probability Distribution Function (PDF) of the input series. Furthermore, using a signal processing filter such as a Butterworth Filter, we can eliminate the need for consecutive exponential moving averages along with the associated lag they bring. Ideally, it is convenient to have the resulting probability distribution oscillate between the values of -1 and 1, with the zero line serving as a median. With this objective in mind, it is possible to borrow a common technique from the field of Machine Learning that uses a sigmoid-like activation function to transform our data set of interest. One such function is the hyperbolic tangent function (tanh), which is often used as an activation function in the hidden layers of neural networks due to its unique property of ensuring the values stay between -1 and 1. By taking the first-order derivative of our input series and normalizing it using the quadratic mean, the tanh function performs a high-quality redistribution of the input signal into the desired range of -1 to 1. Finally, using a dual-pole filter such as the Butterworth Filter popularized by John Ehlers, excessive market noise can be filtered out, leaving behind a crisp moving average with minimal lag. Furthermore, WT3D expands upon the original functionality of WT by providing: First-class support for multi-timeframe (MTF) analysis Kernel-based regression for trend reversal confirmation Various options for signal smoothing and transformation A unique mode for visualizing an input series as a symmetrical, three-dimensional waveform useful for pattern identification and cycle-related analysis █  SETTINGS This is a summary of the settings used in the script listed in roughly the order in which they appear. By default, all default colors are from Google's TensorFlow framework and are considered to be colorblind safe. Source: The input series. Usually, it is the close or average price, but it can be any series. Use Mirror: Whether to display a mirror image of the source series; for visualizing the series as a 3D waveform similar to a soundwave. Use EMA: Whether to use an exponential moving average of the input series. EMA Length: The length of the exponential moving average. Use COG: Whether to use the center of gravity of the input series. COG Length: The length of the center of gravity. Speed to Emphasize: The target speed to emphasize. Width: The width of the emphasized line. Display Kernel Moving Average: Whether to display the kernel moving average of the signal. Like PCA, an unsupervised Machine Learning technique whereby neighboring vectors are projected onto the Principal Component. Display Kernel Signal: Whether to display the kernel estimator for the emphasized line. Like the Kernel MA, it can show underlying shifts in bias within a more significant trend by the colors reflected on the ribbon itself. Show Oscillator Lines: Whether to show the oscillator lines. Offset: The offset of the emphasized oscillator plots. Fast Length: The length scale factor for the fast oscillator. Fast Smoothing: The smoothing scale factor for the fast oscillator. Normal Length: The length scale factor for the normal oscillator. Normal Smoothing: The smoothing scale factor for the normal frequency. Slow Length: The length scale factor for the slow oscillator. Slow Smoothing: The smoothing scale factor for the slow frequency. Divergence Threshold: The number of bars for the divergence to be considered significant. Trigger Wave Percent Size: How big the current wave should be relative to the previous wave. Background Area Transparency Factor: Transparency factor for the background area. Foreground Area Transparency Factor: Transparency factor for the foreground area. Background Line Transparency Factor: Transparency factor for the background line. Foreground Line Transparency Factor: Transparency factor for the foreground line. Custom Transparency: Transparency of the custom colors. Total Gradient Steps: The maximum amount of steps supported for a gradient calculation is 256. Fast Bullish Color: The color of the fast bullish line. Normal Bullish Color: The color of the normal bullish line. Slow Bullish Color: The color of the slow bullish line. Fast Bearish Color: The color of the fast bearish line. Normal Bearish Color: The color of the normal bearish line. Slow Bearish Color: The color of the slow bearish line. Bullish Divergence Signals: The color of the bullish divergence signals. Bearish Divergence Signals: The color of the bearish divergence signals. █  ACKNOWLEDGEMENTS @LazyBear - For authoring the original WaveTrend port on TradingView @PineCoders - For the beautiful color gradient framework used in this indicator @veryfid - For the inspiration of using mirrored signals for cycle analysis and using multiple lookback windows as proxies for other timeframes
Pine Script™ indicator
by jdehorty
84
SuperTrend Multi Time Frame Long and Short Trading Strategy Hello All This is non-repainting Supertrend Multi Time Frame script, I got so many request on Supertrend with Multi Time Frame. This is for all of them ..I am making it open for all so you can change its coding according to your need. How the Basic Indicator works SuperTrend is one of the most common ATR based trailing stop indicators. In this version you can change the ATR calculation method from the settings. Default method is RMA. The indicator is easy to use and gives an accurate reading about an ongoing trend. It is constructed with two parameters, namely period and multiplier. The default values used while constructing a Supertrend indicator are 10 for average true range or trading period and three for its multiplier. The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility . The buy and sell signals are generated when the indicator starts plotting either on top of the closing price or below the closing price. A buy signal is generated when the ‘Supertrend’ closes above the price and a sell signal is generated when it closes below the closing price. It also suggests that the trend is shifting from descending mode to ascending mode. Contrary to this, when a ‘Supertrend’ closes above the price, it generates a sell signal as the colour of the indicator changes into red. A ‘Supertrend’ indicator can be used on spot, futures, options or forex, or even crypto markets and also on daily, weekly and hourly charts as well, but generally, it fails in a sideways-moving market. How the Strategy works This is developed based on SuperTrend. Use two time frame for confirm all entry signals. Two time frame SuperTrend works as Trailing stop for both long and short positions. More securely execute orders, because it is wait until confine two time frames(example : daily and 30min) Each time frame developed as customisable for user to any timeframe. User can choose trading position side from Long, Short, and Both. Custom Stop Loss level, user can enter Stop Loss percentage based on timeframe using. Multiple Take Profit levels with customisable TP price percentage and position size. Back-testing with custom time frame. This strategy is develop for specially for automation purpose. The strategy includes: Entry for Long and Short. Take Profit. Stop Loss. Trailing Stop Loss. Position Size. Exit Signal. Risk Management Feature. Backtesting. Trading Alerts. Use the strategy with alerts This strategy is alert-ready. All you have to do is: Go on a pair you would like to trade Create an alert Select the strategy as a Trigger Wait for new orders to be sent to you This is develop for specially for automating trading on any exchange, if you need to get that automating service for this strategy or any Tradingview strategy or indicator please contact me I am have 8 year experience on that field. I hope you enjoy it! Thanks, Ranga
Pine Script™ strategy
by ranga_technologies
16
Inside Candle and mother candle range with alert++>>This script allows you the inside bar candle and the cnadle is shown in white. The range of the mother candle is identified and tracked until it breaks. Once the first range is over ridden then the next similar pattern will be occured and the tracking will be done for the mother candle latest occurrence. It also has the alert mechanism where you can go and the alert for the indicator in Alerts. 5 min is the most preferrable time frame and while saving the alert Note to save the time frame of the chart. For which ever time frame is saved the Alert will be triggered for the same . And when th inside bar is triggered it throws an alert condition. this alert condition has to be configured in your alerts and will be buzzing on the screen. Oct 20 Release Notes: updated with Mother candle top and bottom lines of previous occurrences and tracks the current latest Inside bar mother candle Release Notes: this script allows you the inside bar cnadle and the cnadle is shown in white. highlighter is configurable and line colors as well.
Pine Script™ indicator
by RaviPolavarapu
12
Davin's 10/200MA Pullback on SPY Strategy v2.0Strategy: Using 10 and 200 Simple moving averages, we capitalize on price pullbacks on a general uptrend to scalp 1 - 5% rebounds. 200 MA is used as a general indicator for bullish sentiment, 10 MA is used to identify pullbacks in the short term for buy entries. An optional bonus: market crash of 20% from 52 days high is regarded as a buy the dip signal. An optional bonus: can choose to exit on MA crossovers using 200 MA as reference MA (etc. Hard stop on 50 cross 200) Recommended Ticker: SPY 1D (I have so far tested on SPY and other big indexes only, other stocks appear to be too volatile to use the same short period SMA parameters effectively) + AAPL 4H How it works: Buy condition is when: - Price closes above 200 SMA - Price closes below 10 SMA - Price dumps at least 20% (additional bonus contrarian buy the dip option) Entry is on the next opening market day the day after the buy condition candle was fulfilled. Sell Condition is when: - Prices closes below 10 SMA - Hard stop at 15% drawdown from entry price (adjustable parameter) - Hard stop at medium term and long term MA crossovers (adjustable parameters) So far this strategy has been pretty effective for me, feel free to try it out and let me know in the comments how you found :) Feel free to suggest new strategy ideas for discussion and indicator building
Pine Script™ strategy
by Gold_D_Roger
4