// Downloaded From https://www.WiseStockTrader.com _SECTION_BEGIN("Chart Pattern Simple"); Reentry = Re Breakout = Breakout TC = uptrend(1) OR downtrend(-1) Patterns AT(+1) = Ascending Triangle DT(-1) = Descending Triangle ST(+1) = Symmetrical Triangle ET(-1) = Extended Triangle RW(+1) = Rising Wedge FW(-1) = Falling Wedge ROC SL = daily ROC Support Line (SL) ROC RL = daily ROC Resistance Line (RL) */ Per = 1; V1 = 1.05; V2 = 1.01; Color_SL= colorRed;Color_PHL=colorRed; Color_RL= colorBlue;Color_PLL=colorBlue; DisRange = 15; x = Cum(1); s1=L;s11=H; PS = TroughBars(s1,per,1) == 0; xb = LastValue(ValueWhen(PS,x,1)); xa = LastValue(ValueWhen(PS,x,2)); yb = LastValue(ValueWhen(PS,s1,1)); Ya = LastValue(ValueWhen(PS,s1,2)); xab_log = log(yb/yA)/(xb-xa); SL = exp((x-xb)*xab_log)*yb; RocSL = ROC(SL,1); PR1 = PeakBars(s11,per,1) == 0; Xd = LastValue(ValueWhen(pR1,x,1 )); xc = LastValue(ValueWhen(pR1,x,2 )); yd = LastValue(ValueWhen(pR1,s11,1)); Yc = LastValue(ValueWhen(pR1,s11,2)); xcd_log = log(yd/yc)/(xd-xc); RL = exp((x-xd)*xcd_log)*yd; RocRL = ROC(RL,1); Low_Value = LastValue(Ref(LLV(L,xd-xc),-(x-xd))); x2 = LastValue(ValueWhen(L==Low_Value & x>xc & x5,exp((x-x2)*xcd_log)*Low_Value,-1e10); Hi_Value = LastValue(Ref(HHV(H,xb-xa),-(x-xb))); x3 = LastValue(ValueWhen(H==Hi_Value & x>xa & x5,exp((x-x3)*xab_log)*Hi_Value,-1e10); parallel= abs(1-RocRL/RocSL)<0.1; uptrend= (RocSL>0 & RocRL>0 & parallel) OR (L<1.05*PLL & H>0.95*PLL); downtrend=(RocSL<0 & RocRL<0 & parallel)OR (H<1.05*PHL & H>0.95*PHL); DT_UT = IIf (Downtrend & parallel,-1,IIf(Uptrend & parallel,1,0)); bu_Breakout = Cross(C,RL) & X>XD; be_Breakout = Cross(SL,C) & X>XB; breakout = bu_breakout OR be_breakout; RSL_b = LV2*SL & Ref(L,-1)>V2*SL; RSL_a = L<=V2*SL & L>0.99*SL & Ref(L,-1)>SL & C>SL; RPLL_b = L>Low_Value & LV2*PLL & Ref(L,-1)>V2*PLL; RPLL_a = L>Low_Value & L0.99*PLL & Ref(L,-1)>PLL & C>PLL; ARb = RSL_b OR RPLL_b; ARa = RSL_a OR RPLL_a; Ar = ARb OR ARa; Xm = xb-xa >4 & xd-xc >4; AT= abs(RocRL)<0.03 & RocSL>0.05 & xa0.03 & RocRL<-0.03 & RL>SL & xa0.03 & RocSL<-0.03 & RL>SL & abs(ROCSL/ROCRL)<3 & xa0.05 & RocSL>0.07 & RocSL>1.5*RocRL & Xm; FW = RocSL<-0.05 & RocRL<-0.07 & RocRL<1.5*RocSL & Xm; RW_FW = IIf (RW,1,IIf(FW,-1,0)); //////////////////////////////////////////7 S_RL = H>0.98*RL & C < RL; S_PHL = H>0.98*PHL & C < PHL; BS = bu_breakout OR Ar; SS = be_breakout OR S_RL OR S_PHL; Buy = BS; Sell = SS; Longfilter = C>MA(C,100); Filter = Longfilter; Reentry_Column = IIf(ARb,-1,IIf(ARa,1,0)); AddColumn(Reentry_Column,"Re",1.0); bu_be_breakout = IIf (bu_breakout,1,IIf(be_breakout,-1,0)); AddColumn(bu_be_breakout,"B-out",1.0); AddColumn(DT_UT,"TC",1); AddColumn(AT_DT,"AT/DT",1); AddColumn(ST_ET,"ST/ET",1); AddColumn(RW_FW,"RW/FW",1); AddColumn (IIf(C>SL,RocSL,0),"Roc(SL,1)",1.1); AddColumn (IIf(C=xa & SL>RaL & SL=xa & RaL==0 ,SL,-1e10)); RL_plot = IIf(x>=xc & RL>RaL & RL=xc & RaL==0,RL,-1e10)); PLL_plot = IIf(x-x2>=0 & abs(LastValue(C)/LastValue(exp((x-x2)*xcd_log)*Low_Value)-1)<0.01*DisRange & PLL>RaL & PLL=0 & RaL==0 & PLLd,PLL,-1e10)); PHL_plot = IIf(x-x3>=0 & abs(LastValue(C)/LastValue(exp((x-x3)*xab_log)*Hi_Value)-1)<0.01*DisRange & PHL>RaL & PHL=0 & RaL==0 & PHLd,PHL,-1e10)); GraphXSpace = 1.5; LastBar = Cum(1) == LastValue(Cum(1)); Plot(C,"close",IIf(LastBar,IIf(BS,colorGreen,IIf(SS,4,1)),1),64); Plot(SL_plot ,"SL" ,Color_SL,1+4+styleNoRescale); Plot(RL_plot ,"RL" ,Color_RL,1+4+styleNoRescale); Plot(PLL_plot,"PLL",Color_PLL,1+4+styleNoRescale); Plot(PHL_plot,"PHL",Color_PHL,1+4+styleNoRescale); Title = Name() + EncodeColor( colorRed )+" pds:" + WriteVal(per,1) +" " + EncodeColor(colorBlue)+ Date()+EncodeColor(3)+" "+WriteVal(C,1.2)+ " ("+WriteIf(C>Ref(C,-1),"+","")+WriteVal(ROC(C,1),1.2)+"%)"; _SECTION_END();