RicardoSantos

[RS]Fractals V5

Update to the zigzag , now it ignores the second top/bottom untill it finds a inversed top/bottom. TBTBTBTBTBTBTB instead of TBBTTBTBBTBTTB.

Updated to V8, link bellow in the related ideas.

Script de código abierto

Siguiendo el verdadero espíritu de TradingView, el autor de este script lo ha publicado en código abierto, para que los traders puedan entenderlo y verificarlo. ¡Un hurra por el autor! Puede utilizarlo de forma gratuita, aunque si vuelve a utilizar este código en una publicación, debe cumplir con lo establecido en las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.

¿Quiere utilizar este script en un gráfico?
study(title="[RS]Fractals V5", overlay=true)
//  ||---   V1: Added filtering option
//  ||---   V4: diferentiated Bill Williams fractals and regular fractals as a choice
//  ||---       added zigzag option
//  ||---   V5: modified zigzag
//  ||---   Fractal Recognition:
filterBW = input(false, title="filter Bill Williams Fractals:")
filterFractals = input(false, title="Filter fractals using extreme method:")
length = input(24, title="Extreme Window:")

regulartopfractal = high[4] < high[3] and high[3] < high[2] and high[2] > high[1] and high[1] > high[0]
regularbotfractal = low[4] > low[3] and low[3] > low[2] and low[2] < low[1] and low[1] < low[0]

billwtopfractal = filterBW ? false : (high[4] < high[2] and high[3] < high[2] and high[2] > high[1] and high[2] > high[0] ? true : false)
billwbotfractal = filterBW ? false : (low[4] > low[2] and low[3] > low[2] and low[2] < low[1] and low[2] < low[0] ? true : false)

ftop = filterBW ? regulartopfractal : regulartopfractal or billwtopfractal
fbot = filterBW ? regularbotfractal : regularbotfractal or billwbotfractal

topf = ftop ? high[2] >= highest(high, length) ? true : false : false
botf = fbot ? low[2] <= lowest(low, length) ? true : false : false

filteredtopf = filterFractals ? topf : ftop
filteredbotf = filterFractals ? botf : fbot
//  ||------------------------------------------------------------------------------------------------------

plotshape(filteredtopf, style=shape.triangledown, location=location.abovebar, color=red, text="•", offset=-2)
plotshape(filteredbotf, style=shape.triangleup, location=location.belowbar, color=lime, text="•", offset=-2)
//  ||---   V1 : Added Swing High/Low Option
ShowSwingsHL = input(true)
highswings = filteredtopf == false ? na : valuewhen(filteredtopf == true, high[2], 2) < valuewhen(filteredtopf == true, high[2], 1) and valuewhen(filteredtopf == true, high[2], 1) > valuewhen(filteredtopf == true, high[2], 0)
lowswings = filteredbotf == false ? na : valuewhen(filteredbotf == true, low[2], 2) > valuewhen(filteredbotf == true, low[2], 1) and valuewhen(filteredbotf == true, low[2], 1) < valuewhen(filteredbotf == true, low[2], 0)
//---------------------------------------------------------------------------------------------------------
//  ||---   Offset calculation:
//  ||--- unable to use, plots cant use series for offset value...
//hsoffset = n-valuewhen(ftop == true, n[2], 1)
//lsoffset = n-valuewhen(fbot == true, n[2], 1)
//---------------------------------------------------------------------------------------------------------
plotshape(ShowSwingsHL ? highswings : na, style=shape.triangledown, location=location.abovebar, color=maroon, text="H", offset=-2)
plotshape(ShowSwingsHL ? lowswings : na, style=shape.triangleup, location=location.belowbar, color=green, text="L", offset=-2)
//  ||---   V2 : Plot Lines based on the fractals.
showchannel = input(true)
plot(showchannel ? (filteredtopf ? high[2] : na) : na, color=black, offset=-2)
plot(showchannel ? (filteredbotf ? low[2] : na) : na, color=black, offset=-2)
//---------------------------------------------------------------------------------------------------------
//  ||---   HLswings channel: unable to offset values
//plot(showchannel ? (highswings ? high[2] : na) : na, color=black, offset=-2)
//plot(showchannel ? (lowswings ? low[2] : na) : na, color=black, offset=-2)
//----------------------------------------------------------------------------------------------------------
//  ||---   ZigZag:
showZigZag = input(true)


istop = filteredtopf ? true : false
isbot = filteredbotf ? true : false
topcount = barssince(istop)
botcount = barssince(isbot)

zigzag = not showZigZag ? na : (
        istop and topcount[1] > botcount[1] ? high[2] :
        isbot and topcount[1] < botcount[1] ? low[2] :
        na )

//zigzag = not showZigZag ? na : ( filteredtopf == true ? high[2] : filteredbotf == true ? low[2] : na )
plot(zigzag, color=black, offset=-2)