WiseStockTrader.com Trading Program Listings
Indicators
Submit New Indicator
All Amibroker (AFL) Metastock eSignal (EFS) NinjaTrader
Function Index
Paste Bin
Register
Login

Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Harmonic pattern 1.1.1 for Amibroker (AFL)

Indicator
Copy & Paste Friendly
/*                     HARMONIC PATTERN DETECTION                        


Automatic Detection of Harmonic Patterns - Gartley, Bat, Butterfly and Crab. 

Zig Zag is not used in this AFL. It is based on fractals

Contact - joy.edakad@gmail.com

*/



_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); 
_SECTION_END();

_SECTION_BEGIN("Gartley");

GBmin = Param("Swing B Min.",0.55,0.3,1,0.01);
GBmax = Param("Swing B Max.",0.72,0.4,1,0.01);
GCmin = Param("Swing C Min.",0.38,0.3,1.27,0.01);
GCmax = Param("Swing C Max.",1.0,0.4,1.27,0.01);
GDmin = Param("Swing D Min.(XA)",0.55,0.3,1,0.01);
GDmax = Param("Swing D Max.(XA)",1.0,0.4,1.0,0.01);

_SECTION_END();

_SECTION_BEGIN("Bat");

BatBmin = Param("Swing B Min.",0.38,0.3,1,0.01);
BatBmax = Param("Swing B Max.",0.55,0.4,1,0.01);
BatCmin = Param("Swing C Min.",0.38,0.3,1.62,0.01);
BatCmax = Param("Swing C Max.",1.27,0.4,1.62,0.01);
BatDmin = Param("Swing D Min.(XA)",0.5,0.3,1,0.01);
BatDmax = Param("Swing D Max.(XA)",1.0,0.4,1.0,0.01);

_SECTION_END();

_SECTION_BEGIN("Butterfly");

BtBmin = Param("Swing B Min.",0.55,0.3,1,0.01);
BtBmax = Param("Swing B Max.",0.9,0.4,1,0.01);
BtCmin = Param("Swing C Min.",0.38,0.3,1.62,0.01);
BtCmax = Param("Swing C Max.",1.27,0.4,1.62,0.01);
BtDmin = Param("Swing D Min.(XA)",1,1,1.8,0.01);
BtDmax = Param("Swing D Max.(XA)",1.38,1,1.8,0.01);

_SECTION_END();

_SECTION_BEGIN("Crab");

CBmin = Param("Swing B Min.",0.38,0.3,1,0.01);
CBmax = Param("Swing B Max.",0.65,0.4,1,0.01);
CCmin = Param("Swing C Min.",0.38,0.3,1.62,0.01);
CCmax = Param("Swing C Max.",1.270,0.4,1.62,0.01);
CDmin = Param("Swing D Min.(XA)",1.25,1,1.8,0.01);
CDmax = Param("Swing D Max.(XA)",1.8,1,2,0.01);

_SECTION_END();

_SECTION_BEGIN("Patterns");

strength = Param("Strength",5,2,15,1);
bu = ParamToggle("Bullish Pattern","Off|On",1);
be = ParamToggle("Bearish Pattern","Off|On",1);

bi = Cum(1)-1;

function GetTop(bars) 
	{
		Top = H == HHV(H,2*bars) AND Ref(HHV(H,bars),bars) < H;
		Top = Top AND LastValue(bi)-ValueWhen(Top,bi) > bars;
		return Top;
	}

function GetValley(bars)
	{
		Valley = L == LLV(L,2*bars) AND Ref(LLV(L,bars),bars) > L;
		Valley = Valley AND LastValue(bi)-ValueWhen(Valley,bi) > bars;
		return Valley;
	}


// Build fractals array

P1 = GetTop(strength);
V1 = GetValley(Strength);

P1 = IIf(P1,IIf(ValueWhen(P1,bi,2) < ValueWhen(V1,bi),P1,IIf(ValueWhen(P1,H,2) > H,False,P1)),P1);
//P1 = IIf(P1 AND ValueWhen(P1,bi,0) > bi,IIf(ValueWhen(P1,bi,0) < ValueWhen(V1,bi,0),IIf(ValueWhen(P1,H,0) >= H,False,P1),P1),P1);
P1 = IIf(P1 AND ValueWhen(P1,bi,0) > bi AND NOT(ValueWhen(V1,bi,0) > 0 AND ValueWhen(V1,bi,0)<ValueWhen(P1,bi,0)),IIf(ValueWhen(P1,H)<=ValueWhen(P1,H,0),False,P1),P1);


V1 = IIf(V1,IIf(ValueWhen(V1,bi,2) < ValueWhen(P1,bi),V1,IIf(ValueWhen(V1,L,2)<L,False,V1)),V1);
//V1 = IIf(V1 AND ValueWhen(V1,bi,0) > bi ,IIf(ValueWhen(V1,bi,0) < ValueWhen(P1,bi,0),IIf(ValueWhen(V1,L,0) <= L, False,V1),V1),V1); 
V1 = IIf(V1 AND ValueWhen(V1,bi,0) > bi AND NOT(ValueWhen(P1,bi,0) > bi AND ValueWhen(P1,bi,0)<ValueWhen(V1,bi,0))  , IIf(ValueWhen(V1,L)>=ValueWhen(V1,L,0),False,V1),V1);


P1H1 = ValueWhen(P1,H);
P1Bar1 = ValueWhen(P1,bi);
P1H2 = ValueWhen(P1,H,2);
P1Bar2 = ValueWhen(P1,bi,2);
V1L1 = ValueWhen(V1,L);
V1Bar1 = ValueWhen(V1,bi);
V1L2 = ValueWhen(V1,L,2);
V1Bar2 = ValueWhen(V1,bi,2);


//Bullish Patterns

PTvalid = (P1Bar1 > V1Bar1 AND V1Bar1 > P1Bar2 AND P1bar2 > V1Bar2) AND P1; // Peaks and troughs are in order

// 4 swings of developing Gartley/Bat etc.

BullGartley4 = PTvalid AND (P1H2-V1L1)/(P1H2-V1L2) > GBmin AND (P1H2-V1L1)/(P1H2-V1L2) < GBmax
				AND (P1H1-V1L1)/(P1H2-V1L1) > GCMin AND (P1H1-V1L1)/(P1H2-V1L1) < GCMax; 

BullBat4 = PTvalid AND (P1H2-V1L1)/(P1H2-V1L2) > BatBmin AND (P1H2-V1L1)/(P1H2-V1L2) < BatBmax
				AND (P1H1-V1L1)/(P1H2-V1L1) > BatCMin AND (P1H1-V1L1)/(P1H2-V1L1) < BatCMax; 

BullButterfly4 = PTvalid AND (P1H2-V1L1)/(P1H2-V1L2) > BtBmin AND (P1H2-V1L1)/(P1H2-V1L2) < BtBMax
				AND (P1H1-V1L1)/(P1H2-V1L1) > BtCmin AND (P1H1-V1L1)/(P1H2-V1L1) < BtCmax; 

BullCrab4 = PTvalid AND (P1H2-V1L1)/(P1H2-V1L2) >CBmin AND (P1H2-V1L1)/(P1H2-V1L2) < CBmax 
				AND (P1H1-V1L1)/(P1H2-V1L1) > CCmin AND (P1H1-V1L1)/(P1H2-V1L1) < CCmax; 


// Bullish Gartley/Bat found. D retacement level is not evaluated

BullGartley = IIf(LowestSince(BullGartley4,L) < ValueWhen(BullGartley4,P1H2)-(ValueWhen(BullGartley4,P1H2)-ValueWhen(BullGartley4,V1L2))*GDmin AND
						LowestSince(bullGartley4,L) > ValueWhen(BullGartley4,P1H2)-(ValueWhen(BullGartley4,P1H2)-ValueWhen(BullGartley4,V1L2))*GDmax AND
						HighestSince(BullGartley4,H) <= ValueWhen(BullGartley4,P1H1  ) AND
						LowestSince(bullGartley4,L)==L, True,False);
BullGartley = BullGartley AND LowestSince(BullGartley4,L) < ValueWhen(BullGartley4,V1L1);

BullBat = IIf(LowestSince(BullBat4,L) < ValueWhen(BullBat4,P1H2)-(ValueWhen(BullBat4,P1H2)-ValueWhen(BullBat4,V1L2))*BatDmin AND
						LowestSince(BullBat4,L) > ValueWhen(BullBat4,P1H2)-(ValueWhen(BullBat4,P1H2)-ValueWhen(BullBat4,V1L2))*BatDmax AND
						HighestSince(BullBat4,H) <= ValueWhen(BullBat4,P1H1  ) AND
						LowestSince(BullBat4,L)==L, True,False);
BullBat = BullBat AND LowestSince(BullCrab4,L) < ValueWhen(BullCrab4,V1L1);


BullCrab = IIf(LowestSince(BullCrab4,L) < ValueWhen(BullCrab4,P1H2)-(ValueWhen(BullCrab4,P1H2)-ValueWhen(BullCrab4,V1L2))*CDmin AND
						LowestSince(BullCrab4,L) > ValueWhen(BullCrab4,P1H2)-(ValueWhen(BullCrab4,P1H2)-ValueWhen(BullCrab4,V1L2))*CDmax AND
						HighestSince(BullCrab4,H) <= ValueWhen(BullCrab4,P1H1  ) AND
						LowestSince(bullGartley4,L)==L, True,False);
BullCrab = BullCrab AND LowestSince(BullCrab4,L) < ValueWhen(BullCrab4,V1L2);


BullButterfly = IIf(LowestSince(BullButterfly4,L) < ValueWhen(BullButterfly4,P1H2)-(ValueWhen(BullButterfly4,P1H2)-ValueWhen(BullButterfly4,V1L2))*BtDMin AND
						LowestSince(BullButterfly4,L) > ValueWhen(BullButterfly4,P1H2)-(ValueWhen(BullButterfly4,P1H2)-ValueWhen(BullButterfly4,V1L2))*BtDmax AND
						HighestSince(BullButterfly4,H) <= ValueWhen(BullButterfly4,P1H1   ) AND
						LowestSince(bullButterfly4,L)==L, True,False);
BullButterfly = BullButterfly AND LowestSince(BullButterfly4,L) < ValueWhen(BullButterfly4,V1L2);



// to remove redumbdent lines

BullHar4 = BullGartley4 OR BullButterfly4 OR BullBat4 OR BullCrab4 ;
BullHar = BullGartley OR BullButterfly OR BullBat OR BullCrab ;

Point4 = IIf(BullHar,ValueWhen(BullHar4,bi),Null);
BullHar = IIf(BullHar, IIf(Point4 == ValueWhen(BullHar,point4,0) AND ValueWhen(BullHar,bi,0) > bi ,False,BullHar),BullHar);

X = ValueWhen(BullHar4,V1L2);
Xbar = ValueWhen(BullHar4,V1Bar2);
A = ValueWhen(BullHar4,P1H2);
Abar = ValueWhen(BullHar4,P1bar2);
B = ValueWhen(BullHar4,V1L1);
Bbar = ValueWhen(BullHar4,V1bar1);
C1 = ValueWhen(BullHar4,P1H1);
C1bar = ValueWhen(BullHar4,P1bar1);
D = ValueWhen(BullHar,L);
Dbar = ValueWhen(BullHar,bi);
ABdXA = (A-B)/(A-X);
BCdAB = (C1-B)/(A-B);
ADdXA = (A-D)/(A-X);
BCdCD = (C1-D)/(C1-B);

PlotPattern = Dbar > C1bar;
if(LastValue(PlotPattern) AND bu)
{
Plot( LineArray(LastValue(Xbar),LastValue(X),LastValue(Abar),LastValue(A)),"",colorBlue,styleThick);
Plot(LineArray(LastValue(Abar),LastValue(A),LastValue(Bbar),LastValue(B)),"",colorBlue,styleThick);
Plot(LineArray(LastValue(Bbar),LastValue(B),LastValue(C1bar),LastValue(C1)),"",colorBlue,styleThick);
Plot(LineArray(LastValue(C1bar),LastValue(C1),LastValue(Dbar),LastValue(D)),"",colorBlue,styleThick);
Plot(LineArray(LastValue(Xbar),LastValue(X),LastValue(Bbar),LastValue(B)),"",colorBlue,styleDashed);
Plot(LineArray(LastValue(Xbar),LastValue(X),LastValue(Abar),LastValue(A)),"",colorBlue,styleThick);
Plot(LineArray(LastValue(Abar),LastValue(A),LastValue(C1bar),LastValue(C1)),"",colorBlue,styleDashed);
Plot(LineArray(LastValue(Bbar),LastValue(B),LastValue(Dbar),LastValue(D)),"",colorBlue,styleDashed);
Plot(LineArray(LastValue(Xbar),LastValue(X),LastValue(Dbar),LastValue(D)),"",colorBlue,styleDashed);

PlotText(NumToStr(LastValue(ABdXA),1.2),(LastValue(Bbar)+LastValue(Xbar))/2,(LastValue(B)+LastValue(X))/2,colorBlue);
PlotText(NumToStr(LastValue(BCdAB),1.2),(LastValue(C1bar)+LastValue(Abar))/2,(LastValue(C1)+LastValue(A))/2,colorBlue);
PlotText(NumToStr(LastValue(ADdXA),1.2) ,(LastValue(Dbar)+LastValue(Xbar))/2,(LastValue(D)+LastValue(X))/2,colorBlue);
PlotText(NumToStr(LastValue(BCdCD),1.2),(LastValue(Bbar)+LastValue(Dbar))/2,(LastValue(B)+LastValue(D))/2,colorBlue);
}

// Bearish Patterns

PTvalid = (V1Bar1 > P1Bar1 AND P1Bar1 > V1Bar2 AND V1Bar2 > P1Bar2) AND V1;

// Swing 4

BearGartley4 = PTvalid AND (P1H1-V1L2)/(P1H2-V1L2) > GBmin AND (P1H1-V1L2)/(P1H2-V1L2) < GBmax AND
				(P1H1-V1L1)/(P1H1-V1L2) > GCmin AND (P1H1-V1L1)/(P1H1-V1L2) < GCmax;

BearBat4 = PTvalid AND (P1H1-V1L2)/(P1H2-V1L2) > BatBmin AND (P1H1-V1L2)/(P1H2-V1L2) < BatBmax AND
				(P1H1-V1L1)/(P1H1-V1L2) > BatCmin AND (P1H1-V1L1)/(P1H1-V1L2) < BatCmax;

BearButterfly4 = PTvalid AND (P1H1-V1L2)/(P1H2-V1L2) > BtBmin AND (P1H1-V1L2)/(P1H2-V1L2) < BtBmax AND
				(P1H1-V1L1)/(P1H1-V1L2) > BtCmin AND (P1H1-V1L1)/(P1H1-V1L2) < BtCmax;

BearCrab4 = PTvalid AND (P1H1-V1L2)/(P1H2-V1L2) > CBmin AND (P1H1-V1L2)/(P1H2-V1L2) < CBmax AND
				(P1H1-V1L1)/(P1H1-V1L2) > CCmin AND (P1H1-V1L1)/(P1H1-V1L2) < CCmax;

// Poin D

BearGartley = IIf(HighestSince(bearGartley4,H) > ValueWhen(BearGartley4,V1L2) + (ValueWhen(BearGartley4,P1H2) - ValueWhen(BearGartley4,V1L2))*GDmin AND
				 HighestSince(bearGartley4,H) < ValueWhen(BearGartley4,V1L2) + (ValueWhen(BearGartley4,P1H2) - ValueWhen(BearGartley4,V1L2))*GDMax AND	
				LowestSince(BearGartley4,L) >= ValueWhen(BearGartley4,V1L1  ) AND
				HighestSince(BearGartley4,H) == H, True, False);
BearGartley = BearGartley AND HighestSince(BearGartley4,H) > ValueWhen(BearGartley4,P1H1);

BearBat = IIf((HighestSince(BearBat4,H) > ValueWhen(BearBat4,V1L2) + (ValueWhen(BearBat4,P1H2) - ValueWhen(BearBat4,V1L2))*BatDmin AND
				 HighestSince(BearBat4,H) < ValueWhen(BearBat4,V1L2) + (ValueWhen(BearBat4,P1H2) - ValueWhen(BearBat4,V1L2))*BatDMax AND	
				LowestSince(BearBat4,L) >= ValueWhen(BearBat4,V1L1 ) AND
				HighestSince(BearBat4,H) == H), True, False);
BearBat = BearBat AND HighestSince(BearBat4,H) > ValueWhen(BearBat4,P1H1);

BearButterfly = IIf(HighestSince(BearButterfly4,H) > ValueWhen(BearButterfly4,V1L2) + (ValueWhen(BearButterfly4,P1H2) - ValueWhen(BearButterfly4,V1L2))*BtDmin AND
				 HighestSince(BearButterfly4,H) < ValueWhen(BearButterfly4,V1L2) + (ValueWhen(BearButterfly4,P1H2) - ValueWhen(BearButterfly4,V1L2))*BtDMax AND	
				LowestSince(BearButterfly4,L) >= ValueWhen(BearButterfly4,V1L1 ) AND
				HighestSince(BearButterfly4,H) == H, True, False);
BearButterfly = BearButterfly AND HighestSince(BearButterfly4,H) > ValueWhen(BearButterfly4,P1H2);

BearCrab = IIf(HighestSince(BearCrab4,H) > ValueWhen(BearCrab4,V1L2) + (ValueWhen(BearCrab4,P1H2) - ValueWhen(BearCrab4,V1L2))*CDmin AND
				 HighestSince(BearCrab4,H) < ValueWhen(BearCrab4,V1L2) + (ValueWhen(BearCrab4,P1H2) - ValueWhen(BearCrab4,V1L2))*CDMax AND	
				LowestSince(BearCrab4,L) >= ValueWhen(BearCrab4,V1L1 ) AND
				HighestSince(BearCrab4,H) == H, True, False);
BearCrab =BearCrab AND HighestSince(BearCrab4,H) > ValueWhen(BearCrab4,P1H2);


BearHar4 = BearGartley4 OR BearButterfly4 OR BearBat4 OR BearCrab4 ;
BearHar = BearGartley OR BearButterfly OR BearBat OR BearCrab ;

Point4 = IIf(BearHar,ValueWhen(BearHar4,bi),Null);
BearHar = IIf(BearHar, IIf(Point4 == ValueWhen(BearHar,point4,0) AND ValueWhen(BearHar,bi,0) > bi ,False,BearHar),BearHar);

X = ValueWhen(BearHar4,P1H2);
Xbar = ValueWhen(BearHar4,P1Bar2);
A = ValueWhen(BearHar4,V1L2);
Abar = ValueWhen( BearHar4,V1bar2);
B = ValueWhen(BearHar4,P1H1);
Bbar = ValueWhen(BearHar4,P1bar1);
C1 = ValueWhen(BearHar4,V1L1);
C1bar = ValueWhen(BearHar4,V1bar1);
D = ValueWhen(BearHar,H);
Dbar = ValueWhen(BearHar,bi);

ABdXA = (B-A)/(X-A);
BCdAB = (B-C1)/(B-A);
ADdXA = (D-A)/(X-A);
BCdCD = (D-C1)/(B-C1);

PlotPattern = Dbar > C1bar;

if(LastValue(Plotpattern) AND be)

{
Plot( LineArray(LastValue(Xbar),LastValue(X),LastValue(Abar),LastValue(A)),"",colorRed,styleThick);
Plot(LineArray(LastValue(Abar),LastValue(A),LastValue(Bbar),LastValue(B)),"",colorRed,styleThick);
Plot(LineArray(LastValue(Bbar),LastValue(B),LastValue(C1bar),LastValue(C1)),"",colorRed,styleThick);
Plot(LineArray(LastValue(C1bar),LastValue(C1),LastValue(Dbar),LastValue(D)),"",colorRed,styleThick);
Plot(LineArray(LastValue(Xbar),LastValue(X),LastValue(Bbar),LastValue(B)),"",colorRed,styleDashed);
Plot(LineArray(LastValue(Xbar),LastValue(X),LastValue(Abar),LastValue(A)),"",colorRed,styleThick);
Plot(LineArray(LastValue(Abar),LastValue(A),LastValue(C1bar),LastValue(C1)),"",colorRed,styleDashed);
Plot(LineArray(LastValue(Bbar),LastValue(B),LastValue(Dbar),LastValue(D)),"",colorRed,styleDashed);
Plot(LineArray(LastValue(Xbar),LastValue(X),LastValue(Dbar),LastValue(D)),"",colorRed,styleDashed);

PlotText(NumToStr(LastValue(ABdXA),1.2),(LastValue(Bbar)+LastValue(Xbar))/2,(LastValue(B)+LastValue(X))/2,colorRed);
PlotText(NumToStr(LastValue(BCdAB),1.2),(LastValue(C1bar)+LastValue(Abar))/2,(LastValue(C1)+LastValue(A))/2,colorRed);
PlotText(NumToStr(LastValue(BCdCD),1.2) ,(LastValue(Dbar)+LastValue(Bbar))/2,(LastValue(D)+LastValue(B))/2,colorRed);
PlotText(NumToStr(LastValue(ADdXA),1.2) ,(LastValue(Dbar)+LastValue(Xbar))/2,(LastValue(D)+LastValue(X))/2,colorRed);

}

LatPattern = bullHar OR bearHar;
Lastpattern = LastValue(ValueWhen(LatPattern,IIf(BullGartley,1,IIf(BearGartley,-1,IIf(BullBat,2,IIf(BearBat,-2,
				IIf(BullButterfly,3,IIf(BearButterfly,-3,IIf(BullCrab,4,IIf(BearCrab,-4,Null))))))))));
PatternName = WriteIf(LastPattern == 1,"Bullish Gartley",WriteIf(LastPattern == -1,"Bearish Gartley",WriteIf(LastPattern == 2,"Bullish Bat",
				WriteIf(LastPattern == -2,"Bearish Bat",WriteIf(LastPattern == 3,"Bullish Butterfly",WriteIf(LastPattern == -3,"Bearish Butterfly",
				WriteIf(LastPattern == 4,"Bullish Crab",WriteIf(LastPattern == -4,"Bearish Crab","None"))))))));


plotFractals = ParamToggle("Plot Fractals","Off|On",0);
if(PlotFractals)
{
	PlotShapes(shapeSmallCircle*P1,colorRed,0,H,10);
	PlotShapes(shapeSmallCircle*V1,colorBlue,O,L,-10);
}

GfxSetTextColor(IIf(LastPattern > 0, colorGreen,colorRed));
GfxTextOut("Last Pattern : " + PatternName,0,20);

Filter = BullHar OR BearHar;
Bull = BullHar; Bear = BearHar;
Color = IIf(Bull,colorGreen,colorRed);
AddColumn(IIf(Bull,1,IIf(Bear,-1,Null)),"Pattern",1.0,colorWhite,Color);
Back

We try to maintain hiqhest possible level of service - most formulas, oscillators, indicators and systems are submitted by anonymous users. Therefore www.WiseStockTrader.com does not take any responsibility for it's quality. If you use any of this information, use it at your own risk. You are responsible for your own trading decisions. Be sure to verify that any information you see on these pages is correct, and is applicable to your particular trade. In no case will www.WiseStockTrader.com be responsible for your trading gains or losses.

News Contact Us Terms and Conditions Privacy Policy