--+------------------------------------------------------------------+ --| Copyright © 2017, Gehtsoft USA LLC | --| http://fxcodebase.com | --+------------------------------------------------------------------+ --| Support our efforts by donating | --| Paypal: https://goo.gl/9Rj74e | --| BitCoin : 15VCJTLaz12Amr7adHSBtL9v8XomURo9RF | --+------------------------------------------------------------------+ --| Developed by : Mario Jemic | --| mario.jemic@gmail.com | --+------------------------------------------------------------------+ function Init() indicator:name("Advanced Fractal Based Support/Resistance lines"); indicator:description("Predicts a reversal in the current trend."); indicator:requiredSource(core.Bar); indicator:type(core.Indicator); indicator.parameters:addGroup("Calculation"); indicator.parameters:addInteger("Fractals", "Number of fractals", "", 3, 5,99); indicator.parameters:addGroup("Style"); indicator.parameters:addColor("R_color", "Up fractal color", "Up fractal color", core.rgb(0,255,0)); indicator.parameters:addColor("S_color", "Down fractal color", "Down fractal color", core.rgb(255,0,0)); indicator.parameters:addInteger("widthLinReg", "Line width", "Line width", 2, 1, 5); end local source; local S,R; local Fractals=0; local Rez=0; local Size; function Prepare() source = instance.source; Size = instance.parameters.Size; Fractals=instance.parameters.Fractals first = source:first()+Fractals; local name = profile:id() .. " ( " .. Fractals .. " )"; instance:name(name); if (not (nameOnly)) then R = instance:addStream("R", core.Dot, name .. ".R", "R", instance.parameters.R_color, first); S = instance:addStream("S", core.Dot, name .. ".S", "S", instance.parameters.S_color, first); R:setWidth(instance.parameters.widthLinReg); S:setWidth(instance.parameters.widthLinReg); end end function Update(period, mode) if period <= first then return; end local x = period - Fractals; test=true; for i= 1, Fractals, 1 do if source.high[x] < source.high[x+i] or source.high[x] < source.high[x-i] then test=false; end end if test then R[period] = source.high[x]; else R[period] = R[period - 1]; end test=true; for i= 1, Fractals, 1 do if source.low[x] > source.low[x+i] or source.low[x] > source.low[x-i] then test=false; end end if test then S[period] = source.low[x]; else S[period] = S[period - 1]; end end