Zig Zag Patterns
- Indicatori
- Yevhenii Levchenko
- Versione: 1.5
- Aggiornato: 19 dicembre 2019
- Attivazioni: 5
This indicator is looking for such market models as: head and shoulders, triangles, double tops and bottoms, flags, wedges and three touches.
Options:
barsToProcess
- the initial number of bars to calculate;
ArrowSize - arrow size;
AllowablePatternLength -
minimum length of the pattern (in bars);
AllowablePatternPriceDiv - the minimum height of the pattern, applicable for all but the 'head and shoulders', 'double top'
patterns (for the latter there is another parameter);
AllowablePriceAberration - maximum price deviation from a certain level. Applicable for double tops and three touches;
AllowableHeadHeight
- minimum head size (applicable for the head and shoulders pattern, as well as for the double top pattern); AllowableShouldersHeightPercent -
the minimum size of the shoulders in the pattern 'head and shoulders' (relative to the head);
AllowableDivBetween_H_and_S_percent - the maximum height of the shoulders relative to the top of the head in the 'head and
shoulders' pattern (calculation from the size of the 'head');
Parameters: hsAllowed, triangleAllowed, doubleTopBottomAllowed, wedgesAllowed, flagsAllowed, threeTouchesAllowed - allow
or forbid to draw one or another pattern;
arrowsAllowed - allows (or disallows) to draw arrows;
AlertsAllowed -
allows (or disallows) alerts;
SendNotificationAllowed - allows (or disallows) sending notifications;
Parameters: hsupColor,
hsdownColor, triangleUpColor, triangleDownColor, doubleTopColor, doubleBottomColor, upWedgeColor, downWedgeColor,
flagUpColor, flagDownColor, threeTouchesUpColor, threeTouchesDownColor -
sets the colorColor, arrowTolColor; arrowColor;
simpleZZ - if it is 'true', the indicator searches for
patterns based on the price structure drawn by the standard ZigZag indicator, otherwise it searches for patterns by the ZigZagMTF
indicator;
Parameters: ZZDepth, ZZDeviation, ZZBackstep - correspond to the parameters of the standard ZizZag;
All indicators used are included in the executable file.