Code to search back a pattern of WOLF WAVES.
This screeners searches back in a configurable period the patten of WOLF WAVES.
The accuracy of the wolf wave can be configurable at the beginning of the code.
The screener generates a list with the values that are matching with the parameters.
It is returned as “Point_1” the value of the first point of Wolf wave, so you need to go to chart and search for this value, in the screenshot was returned the value of 148,51.
Parameters manages by code:
-That point 1 and 3 are not differing more than a percentage value.
-That point 2 and 4 are not differing more than a percentage value.
-That the distance between point 1-3 and point 2-4 are not different more than a number of candles, to avoid a far point 4, for example.
-That ramps 1-2 and 3-4 are not differing more than a percentage, to assure that ramps are within a range of angle.
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//-----------------------------Configure screener TIMEFRAME(daily) //--------analysis for value conditions-------- // // Maximum % allowed between peaks 1-3 and also for valley 2-4 // Example: point 3 must not differ from point 1 more than this value maxVgap=2 //---- Distance in candles between candles 1-3 // and 3-4 must not differ in a number // greater than maxcandle // to assure equitative ramps MaxCandle=4 //-- Analysis for timing conditions en percentage // in %, maximum diference between ramps // Distance between points 1-2 and 3-4 must not exceed this value // to assusre equitative ramps MaxTiempoGap=30 //-- Maximum candles searched back Lookback=100 //------------------------------ Code zz = ZigZag[4](close) p = zz<zz[1] and zz[1]>zz[2] v = zz>zz[1] and zz[1]<zz[2] if p then top = zz[1] endif if v then bottom = zz[1] endif //------ Point 1 detection for i =lookback downto 1 do if v[i] then Vpunto1= bottom[i] punto1=1 vela1=i break ENDIf next //--------Point 2 detection if punto1=1 then//-- Only in first point of waves is already detected for i =vela1-1 downto 1 do //--start to search from previous point if p[i] then Vpunto2= top[i] punto2=1 vela2=i break ENDIf next endif //------Point 3 detection if punto2=1 then for i =vela2-1 downto 1 do//--start to search from previous point if v[i] then Vpunto3= bottom[i] punto3=1 vela3=i break ENDIf next endif //-----------Point 4 detection if punto3=1 then for i =vela3-1 downto 1 do//--start to search from previous point if p[i] then Vpunto4= top[i] punto4=1 vela4=i break ENDIf next endif //--------Point 5 detection if punto4=1 then for i =vela4-1 downto 1 do//--start to search from previous point if v[i] then Vpunto5= bottom[i] punto5=1 vela5=i break ENDIf next endif //---------------------------------Analysis //-- Value Point 3 compared with point 1 must not exceed the configured delta Gap13=abs((Vpunto3*100)/Vpunto1)-100 Gap13OK=Gap13 <maxVGap //-- Value Point 4 compared with point 2 must not exceed the configured delta Gap24=abs((Vpunto4*100)/Vpunto2)-100 Gap24OK=abs(Gap24) <maxVGap //--Distance between candles of point 1-2 and 3-4 must not differ more than the percentage set at begin,assuring equitative ramps Tiempo12=abs(Vela2-Vela1) Tiempo34=abs(Vela4-Vela3) TiemposGap=abs(((tiempo34*100)/Tiempo12)-100) CT=TiemposGap<MaxTiempoGap //--Distance between points 1-3 and 2-4, must be lower than 3 candles //--may be used also percentage Tiempo13=abs(Vela3-Vela1) Tiempo24=abs(Vela2-Vela4) CD=abs(Tiempo13-Tiempo24)<MaxCandle C1= (punto1=1) and (Vpunto1<>0) C2= (punto2=1) and (Vpunto2<>0) C3= (punto3=1) and (Vpunto3<>0) and (Vpunto3 > Vpunto1) and Gap13OK //--ramps are equitative C4= vela4<>0 and (punto4=1) and (Vpunto4<>0) and (Vpunto4 < Vpunto2) and Gap24OK C5= vela5<>0 and (punto5=1) and (Vpunto5<>0) and (Vpunto5 < Vpunto3) //-- Point 5 lowe than point 3 screener[C1 and C2 and C3 and C4 and C5 and CT and CD ](Vpunto1 as "Point_1")//- First point of WOLF WAVE, search for thi valley |
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