// Downloaded From https://www.WiseStockTrader.com _SECTION_BEGIN("Head & Shouders Pattern"); // Set Background SetChartBkGradientFill(ParamColor("Bg Top",colorWhite),ParamColor("Bg Bottom",colorLightYellow)); // x = Cum(1); per = 5; back = 50; inter = 100; s11 = H; s12 = L; //------------------------------------------------------------------------------------------------- /* H & S */ pR = PeakBars( s11, per, 1 ) == 0; endt1 = LastValue(ValueWhen( pR, x, 1 )); medt1 = LastValue(ValueWhen( pR, x, 2 )); startt1= LastValue(ValueWhen( pR, x, 3 )); dt1 = endt1-startt1; C1 = x==endt1 OR x==medt1 OR x==startt1; endR = LastValue(ValueWhen( pR, s11, 1 ) ); medR = LastValue(ValueWhen( pR, s11, 2 ) ); startR = LastValue( ValueWhen( pR, s11, 3 )); // Filter1 = medR>endR AND medR>startR AND abs(startR-endR)<0.02*(startR+endR) AND dt1LastValue(x)-back; MaxGraph = 10; Graph1 = C; Graph1Style=64; GraphXSpace=5; /*H&S Neck Line*/ Aper = medt1-startt1; bper = endt1-medt1; La = LastValue(ValueWhen(x==medt1,LLV(L,Aper))); Lb = LastValue(ValueWhen(x==-1+endt1,LLV(L,bper))); Fa=L==La AND x>startt1 AND xmedt1 AND xstartt-5,trendlineS,-1e10);Graph3BarColor=5; //------------------------------------------------------------------------------------------------- /*Inverted H & S*/ tpR = TroughBars( s12, per, 1 ) == 0; tendt1 = LastValue(ValueWhen(tpr,x,1)); tmedt1 = LastValue(ValueWhen(tpr,x,2)); tstartt1 = LastValue(ValueWhen(tpr,x,3)); tdt1 = tendt1-tstartt1; C2 = x==tendt1 OR x==tmedt1 OR x==tstartt1; tendR = LastValue(ValueWhen( tpR, s12, 1 ) ); tmedR = LastValue(ValueWhen( tpR, s12, 2 ) ); tstartR = LastValue( ValueWhen( tpR, s12, 3 )); // Filter2=tmedRLastValue(x)-back; Graph1BarColor=IIf(C1 AND Filter1,colorWhite,IIf(C2 AND Filter2,10,1)); /*Inverted H&S Neck Line*/ tAper = tmedt1-tstartt1;tbper=tendt1-tmedt1; Ha = LastValue(ValueWhen(x==tmedt1,HHV(H,tAper))); Hb = LastValue(ValueWhen(x==-1+tendt1,HHV(H,tbper))); tFa = H==Ha AND x>tstartt1 AND xtmedt1 AND xRstartt-5,trendlineR,-1e10);Graph4BarColor=10; Filter = Filter1 OR Filter2; // NumColumns= 2;/*Graph2=x==-1+tendt1;*/ Column0 = Filter1; Column1 = Filter2; Column0Format=Column1Format=1.0; Column0Name="H&S"; Column1Name="inv H&S"; //------------------------------------------------------------------------------------------------- Title = EncodeColor(colorGold)+Name()+" - "+EncodeColor(colorBrightGreen)+FullName()+"\n "+ EncodeColor(colorGold)+StrFormat(" - Open %g, Hi %g, Lo %g, Close %g ",O,H,L,C )+EncodeColor(colorRed)+" - "+Date()+ " - Volume :"+WriteVal(V,1.0); _SECTION_END();