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Multi ZigZag Harmonic Patterns

141 115
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:

Auto Harmonic Patterns - Open Source

Auto Harmonic Patterns

Multi ZigZag

Auto Harmonic Patterns - Long only Strategy

Versionshinweise
Add max_bars_back
Versionshinweise
Added alert condition
Versionshinweise
Fixed minor calculation error with respect to zigzag
Versionshinweise
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.
Versionshinweise
Fix zigzag logical error
Versionshinweise
  • 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 :)

Versionshinweise
Convert to pine 5
Versionshinweise
Updated signature and tags.
Versionshinweise
Update tags

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