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- // Wyckoff zones
- enum WyckoffZone {
- Accumulation,
- Caution,
- Distribution,
- Spring,
- Shakeout,
- AutomaticRally,
- SignOfStrength,
- Weakness
- }
- // Function to determine Wyckoff zone
- function wyckoffZone(open, close, high, low)
- // Determine current Wyckoff phase
- if close > open and high > low // uptrend
- phase = WyckoffPhase.Markup
- else if close < open and high > low // downtrend
- phase = WyckoffPhase.Markdown
- else if close > open and high < low // distribution
- phase = WyckoffPhase.Distribution
- else if close < open and high < low // accumulation
- phase = WyckoffPhase.Accumulation
- // Determine potential future Wyckoff zone based on current phase
- if phase == WyckoffPhase.Markup
- return WyckoffZone.Caution
- else if phase == WyckoffPhase.Markdown
- return WyckoffZone.Spring
- else if phase == WyckoffPhase.Distribution
- return WyckoffZone.Shakeout
- else if phase == WyckoffPhase.Accumulation
- return WyckoffZone.AutomaticRally
- }
- // Candlestick chart
- plot(wyckoffZone(open, close, high, low))
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