// Downloaded From https://www.WiseStockTrader.com
_SECTION_BEGIN("Pattern_Recognition_with_Shading");
//Pattern Recognition graph with shading

/*TRENDLINES BREAKOUT*/


x = Cum(1);

per = Param("Percent",3,1,5,1);

s1=L;

s11=H;

pS = TroughBars( s1, per, 1 ) == 0;

endt= LastValue(ValueWhen( pS, x, 1 ));

startt=LastValue(ValueWhen( pS, x, 2 ));

endS = LastValue(ValueWhen( pS, s1, 1 ) );

startS = LastValue( ValueWhen( pS, s1, 2 ));

dtS =endt-startt;

aS = (endS-startS)/dtS;

bS = endS;

trendlineS = aS * ( x -endt ) + bS;

 

pR = PeakBars( s11, per, 1 ) == 0;

endt1= LastValue(ValueWhen( pR, x, 1 ));

startt1=LastValue(ValueWhen( pR, x, 2 ));

endR = LastValue(ValueWhen( pR, s11, 1 ) );

startR = LastValue( ValueWhen( pR, s11, 2 ));

DTR=ENDT1-STARTT1;

aR = (endR-startR)/dtR;

bR = endR;

trendlineR = aR * ( x -endt1 ) + bR;

BEGIN=Min(STARTT,STARTT1);

TRS = IIf(x>BEGIN-10,trendlineS,-1e10);

TRR = IIf(x>BEGIN-10,trendlineR,-1e10);

 

Condcolor=(Cross(C,trendlineR) AND X>ENDT1) OR (Cross(trendlineS,C) AND

X>ENDT);

BarColor=IIf(Condcolor,7,1);

Plot(C,"Close",BarColor,styleCandle); 

Plot(TRS,"Support",colorYellow,styleLine);

Plot(TRR,"Resist",colorYellow,styleLine);

/////////////////////////////////////

// Shading // 

////////////////////////////////////

fill=Param("style",2,1,2,1);

style=IIf(fill==1,styleHistogram,IIf(fill==2,styleArea,Null));

x=IIf(trs > trr,trr,trs);

Plot(x,"",colorLightGrey,style);

Plot(trr,"",colorPink,style);

////////////////////////////////////////////

// Pattern Recognition in title bar // 

///////////////////////////////////////////


Lowline=Ends-starts;

Highline=endr-startr;

Wedge=IIf(Highline <0 AND Lowline > 0,1,0);

DecendingTriangle=IIf(Highline < 0 AND Lowline==0,1,0);

AscendingTriangle=IIf(Highline==0 AND Lowline > 0,1,0);

DownChannel=IIf(Highline<0 AND Lowline<0,1,0);

UpChannel=IIf(Highline>0 AND Lowline>0,1,0);

BroadeningWedge=IIf(Highline > 0 AND Lowline < 0,1,0);

///////////////////////////////////

// Bullish or Bearish breakout //

//////////////////////////////////

BullishBreakout=Cross(C,trendlineR);

BearishBreakout=Cross(trendlineS,C);

 

Title=Name()+ WriteIf(wedge==1," Wedge","")+WriteIf(DecendingTriangle==1," Decending Triangle","")+WriteIf(AscendingTriangle==1,"Ascending Triangle","")/*+WriteVal(Lowline)*/+WriteIf(DownChannel==1," Downward Sloping Channel","")+WriteIf(UpChannel==1," Upward Sloping Channel","")+WriteIf(broadeningWedge==1," Broadening Wedge","")+"\n"+EncodeColor(colorGreen)+WriteIf(bullishbreakout,"Bullish Breakout",EncodeColor(colorRed)+WriteIf(bearishbreakout,"Bearish Breakout",""))/*+WriteVal(highline)*/; 

/////////////////////////////////////

// Automatic Analysis //

////////////////////////////////////

Filter=AscendingTriangle OR DecendingTriangle OR Wedge OR DownChannel OR UpChannel OR BroadeningWedge OR Bullishbreakout OR bearishbreakout;

AddTextColumn(WriteIf(bullishbreakout,"bullish Breakout",""),"BullBreak"); 

AddTextColumn(WriteIf(bearishBreakout,"Bearish Breakout",""),"BearBreak"); 

AddTextColumn(WriteIf(ascendingtriangle,"Ascending Triangle",WriteIf(decendingtriangle,"Decending Triangle",WriteIf(Wedge,"Wedge",WriteIf(DownChannel,"Down Channel",WriteIf(UpChannel,"Up Channel",WriteIf(BroadeningWedge,"Broadening Wedge","")))))),"Pattern");

AddColumn(C,"Close");
 
_SECTION_END();