Multi ZigZag Harmonic Patterns

25 lug 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 lug 2021

Note di rilascio

Add max_bars_back

26 lug 2021

Note di rilascio

Added alert condition

27 lug 2021

Note di rilascio

Fixed minor calculation error with respect to zigzag

28 lug 2021

Note di rilascio

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 lug 2021

Note di rilascio

Fix zigzag logical error

1 ago 2021

Note di rilascio

• 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 ott 2021

Note di rilascio

Convert to pine 5

2 mag 2022

Note di rilascio

Updated signature and tags.

2 mag 2022

Note di rilascio

Update tags