-- More information about this indicator can be found at: -- https://fxcodebase.com/code/viewtopic.php?f=17&t=724 --+------------------------------------------------------------------------------------------------+ --| Copyright © 2023, Gehtsoft USA LLC | --| http://fxcodebase.com | --+------------------------------------------------------------------------------------------------+ --| Developed by : Mario Jemic | --| mario.jemic@gmail.com | --| https://AppliedMachineLearning.systems | --| https://mario-jemic.com/ | --+------------------------------------------------------------------------------------------------+ --+------------------------------------------------------------------------------------------------+ --| Our work would not be possible without your support. | --+------------------------------------------------------------------------------------------------+ --| Paypal: https://goo.gl/9Rj74e | --| Patreon : https://goo.gl/GdXWeN | --+------------------------------------------------------------------------------------------------+ function Init() indicator:name("Advanced Fractal Trend Overlay"); indicator:description("Predicts a reversal in the current trend."); indicator:requiredSource(core.Bar); indicator:type(core.Indicator); indicator.parameters:addGroup("Calculation"); indicator.parameters:addInteger("Fractal", "Number of fractals ", "Number of fractals ", 2, 1,99); indicator.parameters:addString("Show", "Show", "Search for ", "Fractal"); indicator.parameters:addStringAlternative("Show", "Fractal", "", "Fractal"); indicator.parameters:addStringAlternative("Show", "Trend", "", "Overlay"); indicator.parameters:addStringAlternative("Show", "Both", "", "Both"); indicator.parameters:addGroup("Style"); indicator.parameters:addColor("UP", "Up fractal color", "Up fractal color", core.rgb(0,255,0)); indicator.parameters:addColor("DOWN", "Down fractal color", "Down fractal color", core.rgb(255,0,0)); indicator.parameters:addColor("U", "Up Trend color", "Up Trend color", core.rgb(0,255,0)); indicator.parameters:addColor("D", "Down Trend color", "Down Trend color", core.rgb(255,0,0)); indicator.parameters:addInteger("Size", "Font Size", "", 10, 1 , 100); end local source; local up, down; local Fractal=0; local Rez=0; local Size; local first; local open=nil; local close=nil; local high=nil; local low=nil; local Show; local U,D; local UP, DOWN, TREND; function Prepare(nameOnly) U = instance.parameters.U; D = instance.parameters.D; Fractal=instance.parameters.Fractal Size = instance.parameters.Size; Show= instance.parameters.Show; source = instance.source; first= source:first()+ Fractal; local name = profile:id() .. " ( " .. Fractal .. " )"; instance:name(name); if (nameOnly) then return; end up = instance:createTextOutput ("Up", "Up", "Wingdings", Size, core.H_Center, core.V_Top, instance.parameters.UP, 0); down = instance:createTextOutput ("Dn", "Dn", "Wingdings", Size, core.H_Center, core.V_Bottom, instance.parameters.DOWN, 0); open = instance:addStream("open", core.Line, name, "open", core.rgb(0, 0, 0), first) high = instance:addStream("high", core.Line, name, "high", core.rgb(0, 0, 0), first) low = instance:addStream("low", core.Line, name, "low", core.rgb(0, 0, 0), first) close = instance:addStream("close", core.Line, name, "close", core.rgb(0, 0, 0), first) instance:createCandleGroup("ZONE", "", open, high, low, close); end function Update(period, mode) high[period]= source.high[period]; low[period]= source.low[period]; close[period] = source.close[period]; open[period] = source.open[period]; if (period <= Fractal) then return; end local x = period - Fractal; local test=true; for i= 1, Fractal, 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 if Show ~= "Overlay" then up:set(period - Fractal, source.high[x], "\226"); end UP= source.high[x]; end test=true; for i= 1, Fractal, 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 if Show ~= "Overlay" then down:set(x, source.low[x], "\225"); end DOWN = source.low[x]; end if UP == nil or DOWN == nil then return; end if core.crossesOver (source.close, UP, period ) then TREND = true; elseif core.crossesUnder (source.close, DOWN, period ) then TREND = false; end if Show ~= "Fractal" then if TREND then open:setColor(period, U); elseif not TREND then open:setColor(period, D); end end end --+------------------------------------------------------------------------------------------------+ --| We appreciate your support. | --+------------------------------------------------------------------------------------------------+ --| Paypal: https://goo.gl/9Rj74e | --| Patreon : https://goo.gl/GdXWeN | --+------------------------------------------------------------------------------------------------+ --| Developed by : Mario Jemic | --| mario.jemic@gmail.com | --| https://AppliedMachineLearning.systems | --| https://mario-jemic.com/ | --+------------------------------------------------------------------------------------------------+ --+------------------------------------------------------------------------------------------------+ --|BitCoin : 15VCJTLaz12Amr7adHSBtL9v8XomURo9RF | --|Ethereum : 0x8C110cD61538fb6d7A2B47858F0c0AaBd663068D | --|SOL Address : 4tJXw7JfwF3KUPSzrTm1CoVq6Xu4hYd1vLk3VF2mjMYh | --|Cardano/ADA : addr1v868jza77crzdc87khzpppecmhmrg224qyumud6utqf6f4s99fvqv | --|Dogecoin Address : DBGXP1Nc18ZusSRNsj49oMEYFQgAvgBVA8 | --|SHIB Address : 0x1817D9ebb000025609Bf5D61E269C64DC84DA735 | --|Binance(ERC20 & BSC only) : 0xe84751063de8ade7c5fbff5e73f6502f02af4e2c | --|BitCoin Cash : 1BEtS465S3Su438Kc58h2sqvVvHK9Mijtg | --|LiteCoin : LLU8PSY2vsq7B9kRELLZQcKf5nJQrdeqwD | --+------------------------------------------------------------------------------------------------+