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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 | //ELLIOT Fractals _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 ), styleCandle | ParamStyle ( "Style" ) | GetPriceStyle () ); // Paste the code below to your price chart somewhere and green ribbon means both // both MACD and ADX trending up so if the red ribbon shows up the MACD and the ADX // are both trending down. _SECTION_BEGIN ( "trending ribbon" ); uptrend= PDI ()> MDI () AND Signal ()< MACD (); downtrend= MDI ()> PDI () AND Signal ()> MACD (); Plot ( 2, /* defines the height of the ribbon in percent of pane width */ "ribbon" , IIf ( uptrend, colorGreen , IIf ( downtrend, colorRed , 0 )), /* choose color */ styleOwnScale | styleArea | styleNoLabel , -0.5, 100 ); _SECTION_END (); _SECTION_END (); _SECTION_BEGIN ( "LEMA" ); P = ParamField ( "Price field" ,-1); Periods = Param ( "Periods" , 20, 2, 200, 1, 10 ); lema = EMA ( Close ,Periods)+ EMA (( Close - EMA ( Close ,Periods)),Periods); Plot ( lEMA, _DEFAULT_NAME (), ParamColor ( "Color" , colorCycle ), ParamStyle ( "Style" ) ); _SECTION_END (); _SECTION_BEGIN ( "ELLIOTT Fractals" ); /* The basic definition of an 'up' fractal is a bar high that is both higher than the two bars immediately preceding it and higher than the two bars immediately following it. The lows of the bars are NOT considered in determining the up fractal progression. If two bars in the progression have equal highs followed by two consecutive bars with lower highs, then a total of six bars rather than the usual five bars will make up the progression. The first High becomes the counting fractal. Reverse for 'down' fractals. The 5 bar formation works best on Daily or longer time frame charts.For intraday data charts we often use 9 bar, 13 bar and 21 bar formations for fractal counting */ Up5BarFractal = Ref ( H ,-2) < H AND Ref ( H ,-1) < H AND Ref ( H ,1) < H AND Ref ( H ,2) < H ; Up6BarFractal = Ref ( H ,-2) < H AND Ref ( H ,-1) < H AND ( H == Ref ( H ,1)) AND Ref ( H ,2) < H AND Ref ( H ,3) < H ; Down5BarFractal = Ref ( L ,-2) > L AND Ref ( L ,-1) > L AND Ref ( L ,1) > L AND Ref ( L ,2) > L ; Down6BarFractal = Ref ( L ,-2) > L AND Ref ( L ,-1) > L AND ( L == Ref ( L ,1)) AND Ref ( L ,2) > L AND Ref ( L ,3) > L ; //TODO: More filtering: Show only troughs that are around atrough in trix(9). PlotShapes ( IIf (Down5BarFractal , shapeSmallUpTriangle ,0) , colorBlack , 0, L ,-12); PlotShapes ( IIf (Down6BarFractal , shapeSmallUpTriangle ,0) , colorBlack , 0, L ,-12); PlotShapes ( IIf (Up5BarFractal , shapeSmallDownTriangle ,0) , colorBlack , 0, H ,-12); PlotShapes ( IIf (Up6BarFractal , shapeSmallDownTriangle ,0) , colorBlack , 0, H ,-12); Up = (Up5BarFractal OR Up6BarFractal); Down = (Down5BarFractal OR Down6BarFractal); //Removing false fractals: DownSignal = Flip ( Ref (Up,-1), Ref (Down,-1)); UpSignal = Flip ( Ref (Down,-1), Ref (Up,-1)); LastHigh[0] = H [0]; LastLow[0] = L [0]; LastLowIndex = 0; LastHighIndex = 0; Valid = 0; for (i=1; i < BarCount ; i++) { LastHigh[i] = LastHigh[i-1]; LastLow[i] = LastLow[i-1]; if (Up[i]) { Valid[i] = True ; if (DownSignal[i]) { //Sequence of 2 Up Fractals. Validate only the higher one. Valid[i] = H [i] >= H [LastHighIndex]; Valid[LastHighIndex] = H [LastHighIndex] > H [i]; } LastHigh[i] = Max ( H [i], H [LastHighIndex ]); LastHighIndex = i; } if (Down[i]) { Valid[i] = True ; if (UpSignal[i]) { //Sequence of 2 Down Fractals. Validate only the lower one. Valid[i] = L [i] <= L [LastLowIndex]; Valid[LastLowIndex] = L [LastLowIndex] < L [i]; } LastLow[i] = Min ( L [i], L [LastLowIndex]); LastLowIndex = i; } } TrixN = Trix (9); TroughLow = Ref (TrixN, -3) > TrixN AND Ref (TrixN, -2) > TrixN AND Ref (TrixN, -1) > TrixN AND Ref (TrixN, 1) > TrixN AND Ref (TrixN, 2) > TrixN AND Ref (TrixN, 3) > TrixN; TroughHigh = Ref (TrixN, -3) < TrixN AND Ref (TrixN, -2) < TrixN AND Ref (TrixN, -1) < TrixN AND Ref (TrixN, 1) < TrixN AND Ref (TrixN, 2) < TrixN AND Ref (TrixN, 3) < TrixN; //TroughLow = Ref(TrixN, -2) > TrixN AND Ref(TrixN, -1) > TrixN AND Ref(TrixN, 1) > TrixN AND Ref(TrixN, 2) > TrixN; //TroughHigh = Ref(TrixN, -2) < TrixN AND Ref(TrixN, -1) < TrixN AND Ref(TrixN, 1) < TrixN AND Ref(TrixN, 2) < TrixN; ZeroValid = Cross (TrixN, 0) OR Cross (0, TrixN) OR Ref ( Cross (TrixN, 0),1) OR Ref ( Cross (0, TrixN),1); ValidLow = TroughLow OR Ref (TroughLow, 1) OR Ref (TroughLow, 2) OR Ref (TroughLow, 3) OR Ref (TroughLow, 4); // OR Ref(TroughLow, 5)); ValidHigh = TroughHigh OR Ref (TroughHigh, 1) OR Ref (TroughHigh, 2) OR Ref (TroughHigh, 3) OR Ref (TroughHigh, 4); // OR Ref(TroughHigh, 5)); //Plot(LastHigh-10 ,"LastHigh", colorBlue, styleLine); //Plot(LastLow-10 ,"LastLow ", colorRed, styleLine); //Plot(Valid*5 + 10 ,"LastLow ", colorGreen, styleLine | styleThick); //PlotShapes( IIf(Down AND Valid,shapeSmallUpTriangle,0) ,colorGreen, 0, L,-12); //PlotShapes( IIf(Up AND Valid,shapeSmallDownTriangle,0) ,colorRed, 0, H,-12); Maxi = Up AND (ValidHigh OR ZeroValid); Mini = Down AND (ValidLow OR ZeroValid); PlotShapes ( IIf (Down AND (ValidLow OR ZeroValid), shapeSmallUpTriangle ,0) , colorBlue , 0, L ,-12); PlotShapes ( IIf (Up AND (ValidHigh OR ZeroValid), shapeSmallDownTriangle ,0) , colorOrange , 0, H ,-12); AlertIf (Down AND (ValidLow OR ZeroValid), "SOUND C:\\Windows\\Media\\Chord.wav" , "Audio alert" , 2); AlertIf (Up AND (ValidHigh OR ZeroValid), "SOUND C:\\Windows\\Media\\Ding.wav" , "Audio alert" , 2); //Plot(UpSignal*3+5,"UpSignal", colorBlue, styleLine| styleThick); //Plot(DownSignal*3 ,"DownSignal", colorRed, styleLine| styleThick); /* LastMaxi = 0; LastMini = 0; ElliotLines = 0; State = 0; for (i=1; i < BarCount; i++) { State[i] = State[i-1]; if (Maxi[i]) { State[i] = 1;//down } if (Mini[i]) { State[i] = 2; } } PlotShapes(IIf(State > 0, shapeSmallCircle, 0), IIf(State == 1, colorRed, colorBlue), 0, IIf(State == 1, H, L), -5); */ //Line = LineArray( x0, y0, x1, y1, 1 ); //Plot( Line, "Trend line", colorBlue ); /* Wave B Usually 50% of Wave A Should not exceed 75% of Wave A Wave C either 1 x Wave A or 1.62 x Wave A or 2.62 x Wave A */ function CorrectiveRatios(StartPrice, A, B, C , RatioDelta, Delta) { ALength = abs (startPrice - A); BLength = abs (A-B); CLength = abs (B- C ); Ratio1 = BLength / CLength ; Cond1 = Ration1 >= 0.5 - RatioDelta AND ratio1 <= 0.75 + RatioDelta; Cond2 = abs (Clength - ALength) < Delta OR abs (Clength - 1.62 * ALength) < Delta OR abs (CLength - 2.62 * ALength) < Delta; return Cond1 AND Cond2; } function ImpulseRules(StartPrice, One, Two, Three, Four, Five) { //Wave 2 should be beneath wave 1 start: Cond1 = Two > StartPrice AND Two < One; //Wave 4 - the same: Cond2 = Four > Two AND Four < Three; //Wave 5 should be <= wave 3 Cond3 = abs (Three-Two) >= abs (Five - Four); //Wave 1 should be smaller than wave five, making wave 3 the biggest: Cond4 = abs (StartPrice - One) < abs (Five - Four); return Cond1 AND Cond2 AND Cond3 AND Cond4; } _SECTION_END (); |