Multi ZigZag Harmonic Patterns

2021年7月25日

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:

2021年7月25日

版本注释

Add max_bars_back

2021年7月26日

版本注释

Added alert condition

2021年7月27日

版本注释

Fixed minor calculation error with respect to zigzag

2021年7月28日

版本注释

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.

2021年7月31日

版本注释

Fix zigzag logical error

2021年8月1日

版本注释

• 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 :)
  

2021年10月5日

版本注释

Convert to pine 5

2022年5月2日

版本注释

Updated signature and tags.

2022年5月2日

版本注释

Update tags