// Downloaded From https://www.WiseStockTrader.com
/*Fractals and Fib Levels
by Ipeleng Molete
30 October 2011
*/

//Fractals
nbar = Param("Longer Term",16,2,10000,1);

PHigh = H > Ref(HHV(H,nbar),-1) AND Ref(HHV(H,nbar),nbar) <= H;
PHighPrice = ValueWhen(PHigh,H);
PLow = L < Ref(LLV(L,nbar),-1) AND Ref(LLV(L,nbar),nbar) >= L;
PLowPrice = ValueWhen(PLow,L); 

Bear = ValueWhen(PHigh, DateTime());
Bull = ValueWhen(PLow, DateTime());

PlotShapes(shapeSmallCircle*PLow,colorGreen,0,L,-10);
PlotShapes(shapeSmallCircle*PHigh,colorRed,0,H,10);

//Plot(PLowPrice, "Fractal Low", colorGreen, styleDots | styleNoLine);
//Plot(PHighPrice, "Fractal High", colorRed, styleDots | styleNoLine);

phase = IIf(bull > bear, 0, 1);

//Fib Level Calculation
//If previous fractal was down fractal, then Fib Level is worked out
//by subtracting the down fractal from the up fractal and vice versa

HiLoDifference = IIf(phase == 0, PLowPrice - PHighPrice, PHighPrice - PLowPrice);

Level1 = abs(HiLoDifference)*0.382;
Level2 = abs(HiLoDifference)*0.5;
Level3 = abs(HiLoDifference)*0.618;
Level4 = abs(HiLoDifference)*0.786;
Level5 = abs(HiLoDifference)*1.0;
Level6 = abs(HiLoDifference)*1.618;
Level7 = abs(HiLoDifference)*2.618;

Level0382 = IIf(phase == 0, PLowPrice + Level1, PHighPrice - Level1);
Level05 = IIf(phase == 0, PLowPrice + Level2, PHighPrice - Level2);
Level0618 = IIf(phase == 0, PLowPrice + Level3, PHighPrice - Level3);
Level0786 = IIf(phase == 0, PLowPrice + Level4, PHighPrice - Level4);
Level10 = IIf(phase == 0, PLowPrice + Level5, PHighPrice - Level5);
Level1618 = IIf(phase == 0, PLowPrice + Level6, PHighPrice - Level6);
Level2618 = IIf(phase == 0, PLowPrice + Level7, PHighPrice - Level7);

//Graph

Plot(C, "", colorBlack, styleCandle | styleNoTitle);
Plot(Level0382,"38.6%=", colorOrange, styleDots | styleNoLine);
Plot(Level05,"50%=", colorPink, styleDots | styleNoLine);
Plot(Level0618,"61.8%=", colorPaleGreen, styleDots | styleNoLine);
Plot(Level0786,"78.6%=", colorLightGrey, styleDots | styleNoLine);
Plot(Level10,"1.0%=", colorBlack, styleDots | styleNoLine);
Plot(Level1618,"161.8%=", colorSkyblue, styleDots | styleNoLine);
Plot(Level2618,"261.8%=", colorPink, styleDots | styleNoLine);

Title = WriteIf(phase == 0, "BULL Phase", "BEAR Phase") + 
"\nSymbol: " + Name() + " Date: " + Date() + " Open: " + NumToStr(Open, 1.4) + " High: " + NumToStr(High, 1.4) +
" Low: " + NumToStr(Low, 1.4) + " Close: " + NumToStr(Close, 1.4) + 
EncodeColor(colorBlue) + "\nFractal Periods:    " + NumToStr(nbar, 1.0) +
EncodeColor(colorRed) + "\n\nLast Up Fractal:         " + NumToStr(PHighPrice, 1.4) + 
EncodeColor(colorGreen) + "\nLast Down Fractal:    " + NumToStr(PLowPrice, 1.4) +
EncodeColor(colorBlack) + "\nLevel0382: " + Level0382 +
EncodeColor(colorBlack) + "\nLevel05: " + Level05 +
EncodeColor(colorBlack) + "\nLevel0618: " + Level0618 +
EncodeColor(colorBlack) + "\nLevel786: " + Level0786 +
EncodeColor(colorBlack) + "\nLevel10: " + Level10 +
EncodeColor(colorBlack) + "\nLevel1618: " + Level1618 +
EncodeColor(colorBlack) + "\nLevel2618: " + Level2618;