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    Indicador de Fractais em Canal

    Uploaded by

    Luiz Fernando
    The document describes a Pine script for drawing zig zag channels on a chart. It takes in user inputs for parameters like the lookback length and color settings. It then defines variables and functions to calculate zig zag extremes and draw lines connecting them with options to extend the lines to the last bar or show labels.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd

    Indicador de Fractais em Canal

    Uploaded by

    Luiz Fernando
    15 views3 pages
    The document describes a Pine script for drawing zig zag channels on a chart. It takes in user inputs for parameters like the lookback length and color settings. It then defines variables and functions to calculate zig zag extremes and draw lines connecting them with options to extend the lines to the last bar or show labels.

    Original Title

    Indicador de Fractais Em Canal

    Copyright

    © © All Rights Reserved

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    TXT, PDF, TXT or read online from Scribd

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    The document describes a Pine script for drawing zig zag channels on a chart. It takes in user inputs for parameters like the lookback length and color settings. It then defines variables and functions to calculate zig zag extremes and draw lines connecting them with options to extend the lines to the last bar or show labels.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Download as txt, pdf, or txt
    15 views3 pages

    Indicador de Fractais em Canal

    Uploaded by

    Luiz Fernando
    The document describes a Pine script for drawing zig zag channels on a chart. It takes in user inputs for parameters like the lookback length and color settings. It then defines variables and functions to calculate zig zag extremes and draw lines connecting them with options to extend the lines to the last bar or show labels.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Download as txt, pdf, or txt
    of 3

    //@version=4

    study("Zig Zag Channels


    [LUX]",overlay=true,max_bars_back=5000,max_lines_count=500,max_labels_count=500)
    //------------------------------------------------------------------------------
    length = input(100)
    extend = input(true,'Extend To Last Bar')
    show_ext = input(true,'Show Extremities')
    show_labels = input(true,'Show Labels')

    //Style

    upcol = input(#ff1100,'Upper Extremity Color',group='Style')


    midcol = input(#ff5d00,'Zig Zag Color',group='Style')
    dncol = input(#2157f3,'Lower Extremity Color',group='Style')
    //------------------------------------------------------------------------------
    os = 0
    src = close
    n = bar_index
    var float valtop = na
    var float valbtm = na

    //------------------------------------------------------------------------------
    upper = highest(src,length)
    lower = lowest(src,length)
    os := src[length] > upper ? 0 : src[length] < lower ? 1 : os[1]

    btm = os == 1 and os[1] != 1


    top = os == 0 and os[1] != 0

    //------------------------------------------------------------------------------
    btm_n = valuewhen(btm,n,0)
    top_n = valuewhen(top,n,0)
    len = abs(btm_n - top_n)

    if btm
    max_diff_up = 0.
    max_diff_dn = 0.
    valbtm := low[length]

    for i = 0 to len-1
    point = low[length] + i/(len-1)*(valtop - low[length])
    max_diff_up := max(max(src[length+i],open[length+i]) - point,max_diff_up)
    max_diff_dn := max(point - min(src[length+i],open[length+i]),max_diff_dn)

    line.new(n[len+length],valtop,n[length],low[length],color=midcol)

    if show_ext
    line.new(n[len+length],valtop+max_diff_up,n[length],low[length]+max_diff_up
    ,color=upcol,style=line.style_dotted)
    line.new(n[len+length],valtop-max_diff_dn,n[length],low[length]-max_diff_dn
    ,color=dncol,style=line.style_dotted)
    if show_labels

    label.new(n[length],low[length],tostring(low[length],'#.####'),color=#00000000
    ,style=label.style_label_up,textcolor=dncol,textalign=text.align_left,siz
    e=size.small)

    if top
    max_diff_up = 0.
    max_diff_dn = 0.
    valtop := high[length]

    for i = 0 to len-1
    point = high[length] + i/(len-1)*(valbtm - high[length])
    max_diff_up := max(max(src[length+i],open[length+i]) - point,max_diff_up)
    max_diff_dn := max(point - min(src[length+i],open[length+i]),max_diff_dn)

    line.new(n[len+length],valbtm,n[length],high[length],color=midcol)

    if show_ext
    line.new(n[len+length],valbtm+max_diff_up,n[length],high[length]
    +max_diff_up
    ,color=upcol,style=line.style_dotted)
    line.new(n[len+length],valbtm-max_diff_dn,n[length],high[length]-
    max_diff_dn
    ,color=dncol,style=line.style_dotted)
    if show_labels

    label.new(n[length],high[length],tostring(high[length],'#.####'),color=#00000000
    ,style=label.style_label_down,textcolor=upcol,textalign=text.align_left,s
    ize=size.small)

    if barstate.islast and extend


    max_diff_up = 0.
    max_diff_dn = 0.
    x1 = 0
    y1 = 0.

    if os == 1
    x1 := btm_n-length
    y1 := valbtm

    for i = 0 to n-btm_n+length-1
    point = src + i/(n-btm_n+length-1)*(valbtm - src)
    max_diff_up := max(max(src[i],open[i]) - point,max_diff_up)
    max_diff_dn := max(point - min(src[i],open[i]),max_diff_dn)

    else
    x1 := top_n-length
    y1 := valtop

    for i = 0 to n-top_n+length-1
    point = src + i/(n-top_n+length-1)*(valtop - src)
    max_diff_up := max(max(src[i],open[i]) - point,max_diff_up)
    max_diff_dn := max(point - min(src[i],open[i]),max_diff_dn)

    line.delete(line.new(x1,y1,n,src,color=midcol,extend=extend.right)[1])

    if show_ext
    line.delete(line.new(x1,y1+max_diff_up,n,src+max_diff_up
    ,color=upcol,style=line.style_dotted,extend=extend.right)[1])
    line.delete(line.new(x1,y1-max_diff_dn,n,src-max_diff_dn
    ,color=dncol,style=line.style_dotted,extend=extend.right)[1])

    //------------------------------------------------------------------------------
    plot(btm ? low[length] : top ? high[length] : na,'Circles'
    ,color = btm ? dncol : upcol
    ,style=plot.style_circles
    ,offset=-length)

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