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Gamma G3

this tradingview indicator showing liqudaty levels

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azeemali25693
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14 views2 pages

Gamma G3

this tradingview indicator showing liqudaty levels

Uploaded by

azeemali25693
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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// This Indicator Created By Muhammad Azeem

//@version=5
indicator("GAMMA G3", overlay=true)

// === Parameters ===


pivot_length = input.int(5, "Pivot Length", minval=1, maxval=100, tooltip="Number
of bars to the left and right of the pivot")
high_line_color = input.color(#000000, "High Line Color", tooltip="Color of the
high pivot lines")
low_line_color = input.color(#000000, "Low Line Color", tooltip="Color of the low
pivot lines")
high_line_width = input.int(1, "High Line Width", minval=1, maxval=5,
tooltip="Width of the high pivot lines")
low_line_width = input.int(1, "Low Line Width", minval=1, maxval=5, tooltip="Width
of the low pivot lines")
extend_bars = input.int(500, "Extend Bars to Right", minval=1, tooltip="Number of
bars to extend lines to the right")

// === Detect Pivot Highs and Lows ===


ph = ta.pivothigh(high, pivot_length, pivot_length)
pl = ta.pivotlow(low, pivot_length, pivot_length)

// === Variables to Store Unbroken Pivots and Lines ===


var line[] pivot_high_lines = array.new_line(0)
var line[] pivot_low_lines = array.new_line(0)
var float[] unbroken_pivot_highs = array.new_float(0)
var float[] unbroken_pivot_lows = array.new_float(0)

// === Draw/Extend and Remove Lines for Pivot Highs ===


if not na(ph)
// New pivot high detected
unbroken_pivot_high = high[pivot_length]
pivot_high_line = line.new(bar_index - pivot_length, unbroken_pivot_high,
bar_index + extend_bars, unbroken_pivot_high, color=high_line_color,
width=high_line_width, style=line.style_solid)
array.push(pivot_high_lines, pivot_high_line)
array.push(unbroken_pivot_highs, unbroken_pivot_high)

// Iterate through high lines and remove if broken


if array.size(pivot_high_lines) > 0
for i = array.size(pivot_high_lines) - 1 to 0
line current_line = array.get(pivot_high_lines, i)
float current_level = array.get(unbroken_pivot_highs, i)
if high >= current_level or close >= current_level
line.delete(current_line)
array.remove(pivot_high_lines, i)
array.remove(unbroken_pivot_highs, i)
else
// Extend line by specified bars to the right
line.set_x2(current_line, bar_index + extend_bars)

// === Draw/Extend and Remove Lines for Pivot Lows ===


if not na(pl)
// New pivot low detected
unbroken_pivot_low = low[pivot_length]
pivot_low_line = line.new(bar_index - pivot_length, unbroken_pivot_low,
bar_index + extend_bars, unbroken_pivot_low, color=low_line_color,
width=low_line_width, style=line.style_solid)
array.push(pivot_low_lines, pivot_low_line)
array.push(unbroken_pivot_lows, unbroken_pivot_low)

// Iterate through low lines and remove if broken


if array.size(pivot_low_lines) > 0
for i = array.size(pivot_low_lines) - 1 to 0
line current_line = array.get(pivot_low_lines, i)
float current_level = array.get(unbroken_pivot_lows, i)
if low <= current_level or close <= current_level
line.delete(current_line)
array.remove(pivot_low_lines, i)
array.remove(unbroken_pivot_lows, i)
else
// Extend line by specified bars to the right
line.set_x2(current_line, bar_index + extend_bars)

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