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- // This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
- // © LonesomeTheBlue
- //@version=4
- study("Double Zig Zag with HHLL", overlay = true, max_bars_back = 500)
- prd1 = input(defval = 8, title="ZigZag Period 1", minval = 2, maxval = 20)
- prd2 = input(defval = 20, title="ZigZag Period 2", minval = 2, maxval = 50)
- showzz = input(defval = "Show Both", title = "Show Zig Zags", options = ["Show Zig Zag 1", "Show Zig Zag 2", "Show Both", "Show None"])
- showhhll = input(defval = "Show Both", title = "Show HHLL", options = ["Show HHLL 1", "Show HHLL 2", "Show Both", "Show None"])
- upcol1 = input(defval = color.lime, title = "Zig Zag 1 Up Color")
- dncol1 = input(defval = color.red, title = "Zig Zag 1 Down Color")
- upcol2 = input(defval = color.blue, title = "Zig Zag 2 Up Color")
- dncol2 = input(defval = color.purple, title = "Zig Zag 2 Down Color")
- txtcol = input(defval = color.black, title = "Text Color")
- zz1style = input(defval = "Dashed", title = "Zig Zag 1 Line Style", options = ["Dashed", "Dotted"])
- zz1width = input(defval = 2, title = "Zig zag 1 Line Width", minval = 1, maxval = 4)
- zz2width = input(defval = 3, title = "Zig zag 2 Line Width", minval = 1, maxval = 6)
- float ph1 = highestbars(high, prd1) == 0 ? high : na
- float pl1 = lowestbars(low, prd1) == 0 ? low : na
- float ph2 = highestbars(high, prd2) == 0 ? high : na
- float pl2 = lowestbars(low, prd2) == 0 ? low : na
- var dir1 = 0
- var dir2 = 0
- dir1 := iff(ph1 and na(pl1), 1, iff(pl1 and na(ph1), -1, dir1))
- dir2 := iff(ph2 and na(pl2), 1, iff(pl2 and na(ph2), -1, dir2))
- var max_array_size = 10 // [5, 2] matrix
- var zigzag1 = array.new_float(0)
- var zigzag2 = array.new_float(0)
- add_to_zigzag(pointer, value, bindex)=>
- array.unshift(pointer, bindex)
- array.unshift(pointer, value)
- if array.size(pointer) > max_array_size
- array.pop(pointer)
- array.pop(pointer)
- update_zigzag(pointer, value, bindex, dir)=>
- if array.size(pointer) == 0
- add_to_zigzag(pointer, value, bindex)
- else
- if (dir == 1 and value > array.get(pointer, 0)) or (dir == -1 and value < array.get(pointer, 0))
- array.set(pointer, 0, value)
- array.set(pointer, 1, bindex)
- 0.
- dir1changed = change(dir1)
- if ph1 or pl1
- if dir1changed
- add_to_zigzag(zigzag1, dir1 == 1 ? ph1 : pl1, bar_index)
- else
- update_zigzag(zigzag1, dir1 == 1 ? ph1 : pl1, bar_index, dir1)
- dir2changed = change(dir2)
- if ph2 or pl2
- if dir2changed
- add_to_zigzag(zigzag2, dir2 == 1 ? ph2 : pl2, bar_index)
- else
- update_zigzag(zigzag2, dir2 == 1 ? ph2 : pl2, bar_index, dir2)
- if array.size(zigzag1) >= 6
- var line zzline1 = na
- var label zzlabel1 = na
- float val = array.get(zigzag1, 0)
- int point = round(array.get(zigzag1, 1))
- if change(val) or change(point)
- float val1 = array.get(zigzag1, 2)
- int point1 = round(array.get(zigzag1, 3))
- if change(val1) == 0 and change(point1) == 0
- line.delete(zzline1)
- label.delete(zzlabel1)
- if showzz == "Show Zig Zag 1" or showzz == "Show Both"
- zzline1 := line.new(x1 = point, y1 = val, x2 = point1, y2 = val1, color = dir1 == 1 ? upcol1 : dncol1, width = zz1width, style = zz1style == "Dashed" ? line.style_dashed : line.style_dotted)
- if showhhll == "Show HHLL 1" or showhhll == "Show Both"
- hhlltxt = dir1 == 1 ? array.get(zigzag1, 0) > array.get(zigzag1, 4) ? "HH" : "LH" : array.get(zigzag1, 0) < array.get(zigzag1, 4) ? "LL" : "HL"
- labelcol = dir1 == 1 ? array.get(zigzag1, 0) > array.get(zigzag1, 4) ? upcol1 : dncol1 : array.get(zigzag1, 0) < array.get(zigzag1, 4) ? dncol1 : upcol1
- zzlabel1 := label.new(x = point, y = val, text = hhlltxt, color = labelcol, textcolor = txtcol, style = dir1 == 1 ? label.style_label_down : label.style_label_up)
- if array.size(zigzag2) >= 6
- var line zzline2 = na
- var label zzlabel2 = na
- float val = array.get(zigzag2, 0)
- int point = round(array.get(zigzag2, 1))
- if change(val) or change(point)
- float val1 = array.get(zigzag2, 2)
- int point1 = round(array.get(zigzag2, 3))
- if change(val1) == 0 and change(point1) == 0
- line.delete(zzline2)
- label.delete(zzlabel2)
- if showzz == "Show Zig Zag 2" or showzz == "Show Both"
- zzline2 := line.new(x1 = point, y1 = val, x2 = point1, y2 = val1, color = dir2 == 1 ? upcol2 : dncol2, width = zz2width)
- if showhhll == "Show HHLL 2" or showhhll == "Show Both"
- hhlltxt = dir2 == 1 ? array.get(zigzag2, 0) > array.get(zigzag2, 4) ? "HH" : "LH" : array.get(zigzag2, 0) < array.get(zigzag2, 4) ? "LL" : "HL"
- labelcol = dir2 == 1 ? array.get(zigzag2, 0) > array.get(zigzag2, 4) ? upcol2 : dncol2 : array.get(zigzag2, 0) < array.get(zigzag2, 4) ? dncol2 : upcol2
- zzlabel2 := label.new(x = point, y = val, text = hhlltxt, color = labelcol, textcolor = txtcol, style = dir2 == 1 ? label.style_label_down : label.style_label_up)
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