Zigzag Fibonacci Indicator transcript from Tradingview needed

• 06/25/2024 at 11:18 AM #234331
  jowalz

  Hi everybody,

  I am familiar with coding (python, pinescript) and would like to start with prorealcode too.
  Nevertheless I struggle a bit with the specifics of prorealcode:-(

  So to kickstart, please could someone transcript the tradingview indicator to prorealcode?
  It shows very good the expected direction (see attached picture, green is the target direction) based on the fibonacci levels which are calculated with a different timeframe of 8 or 10 minutes on a 1 minute chart.

  Thanks in advance:-)

  …. pinescript code is as follows …

  // This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/

  //@version=2

  study(“Z01 Indi”)

  //calc_on_every_tick=false

  useAltTF = input(true, title=’Use Alt Timeframe’)

  tf = input(‘8′, title=’Alt Timeframe’)

  zigzag() =>

  _isUp=close>=open

  _isDown=close<=open

  _direction=_isUp[1]and_isDown?-1:_isDown[1]and_isUp?1:nz(_direction[1])

  _zigzag=_isUp[1]and_isDownand_direction[1]!=-1?highest(2):_isDown[1]and_isUpand_direction[1]!=1?lowest(2):na

  _ticker = tickerid

  sz = useAltTF ? (change(time(tf)) != 0 ? security(_ticker, tf, zigzag()) : na) : zigzag()

  plot(sz, title=’zigzag’, color=lime, linewidth=2)

  x=valuewhen(sz,sz,4)

  a=valuewhen(sz,sz,3)

  b=valuewhen(sz,sz,2)

  c=valuewhen(sz,sz,1)

  d = valuewhen(sz, sz, 0)

  //————————————————————————————————————————————————————-

  fib_range = abs(d-c)

  fib_0000 = d > c ? d-(fib_range*0.000):d+(fib_range*0.000)

  fib_0236 = d > c ? d-(fib_range*0.236):d+(fib_range*0.236)

  fib_0382 = d > c ? d-(fib_range*0.382):d+(fib_range*0.382)

  fib_0500 = d > c ? d-(fib_range*0.500):d+(fib_range*0.500)

  fib_0618 = d > c ? d-(fib_range*0.618):d+(fib_range*0.618)

  fib_0764 = d > c ? d-(fib_range*0.764):d+(fib_range*0.764)

  fib_1000 = d > c ? d-(fib_range*1.000):d+(fib_range*1.000)

  plot(title=’Fib 0.000′, series=fib_0000, color=fib_0000 != fib_0000[1] ? na : black)

  plot(title=’Fib 0.236′, series=fib_0236, color=fib_0236 != fib_0236[1] ? na : red)

  plot(title=’Fib 0.382′, series=fib_0382, color=fib_0382 != fib_0382[1] ? na : olive)

  plot(title=’Fib 0.500′, series=fib_0500, color=fib_0500 != fib_0500[1] ? na : lime)

  plot(title=’Fib 0.618′, series=fib_0618, color=fib_0618 != fib_0618[1] ? na : teal)

  plot(title=’Fib 0.764′, series=fib_0764, color=fib_0764 != fib_0764[1] ? na : blue)

  plot(title=’Fib 1.000′, series=fib_1000, color=fib_1000 != fib_1000[1] ? na : black)

  

  jowalz

  Participant

  Topics: 2

  Replies: 1

  Been thanked: 0 times
  06/26/2024 at 12:06 PM #234366
  Iván

  Hi! Here you have a code similar to that one you are sharing.

  prd=15 showpastFib=1 showDN=1 ShowUP=1 atr=averagetruerange[14](close) if high=highest[prd](high) then ph=high phx=barindex else ph=0 endif if low=lowest[prd](low) then pl=low plx=barindex else pl=0 endif if ph and pl=0 then dir=1 elsif pl and ph=0 then dir=-1 else dir=dir endif dirchanged=dir<>dir[1] if ph or pl then if dirchanged then if dir=1 then $zigzag[t+1]=highest[prd](high) $zigzagidx[t+1]=barindex $dir[t+1]=1 t=t+1 else $zigzag[t+1]=lowest[prd](low) $zigzagidx[t+1]=barindex $dir[t+1]=-1 t=t+1 endif else if dir=1 and highest[prd](high)> $zigzag[t] then $zigzag[t]=highest[prd](high) $zigzagidx[t]=barindex elsif dir=-1 and lowest[prd](low)< $zigzag[t] then $zigzag[t]=lowest[prd](low) $zigzagidx[t]=barindex endif endif endif if islastbarupdate then drawsegment($zigzagidx[max(0,t-1)],$zigzag[max(0,t-1)],$zigzagidx[t],$zigzag[t]) if $dir[t]=1 then fib0=$zigzag[max(0,t-1)] fib100=$zigzag[t] diff=fib100-fib0 fib0236=fib100-diff*0.236 fib0382=fib100-diff*0.382 fib0500=fib100-diff*0.500 fib0618=fib100-diff*0.618 fib0786=fib100-diff*0.786 drawsegment($zigzagidx[max(0,t-1)],fib0,barindex+10,fib0)style(line,2)coloured("grey") drawtext("Fib 0%",$zigzagidx[t],fib0+0.05*atr) drawsegment($zigzagidx[max(0,t-1)],fib0236,barindex+10,fib0236)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[max(0,t-1)],fib0382,barindex+10,fib0382)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[max(0,t-1)],fib0500,barindex+10,fib0500)style(dottedline,2)coloured("blue") drawtext("Fib 50%",$zigzagidx[t],fib0500+0.05*atr) drawsegment($zigzagidx[max(0,t-1)],fib0618,barindex+10,fib0618)style(dottedline,2)coloured("red") drawsegment($zigzagidx[max(0,t-1)],fib0786,barindex+10,fib0786)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[max(0,t-1)],fib100,barindex+10,fib100)style(line,2)coloured("grey") drawtext("Fib 100%",$zigzagidx[t],fib100+0.05*atr) elsif $dir[t]=-1 then fib0=$zigzag[t] fib100=$zigzag[max(0,t-1)] diff=fib100-fib0 fib0236=fib0+diff*0.236 fib0382=fib0+diff*0.382 fib0500=fib0+diff*0.500 fib0618=fib0+diff*0.618 fib0786=fib0+diff*0.786 drawsegment($zigzagidx[max(0,t-1)],fib0,barindex+10,fib0)style(line,2)coloured("grey") drawtext("Fib 0%",$zigzagidx[t],fib0+0.05*atr) drawsegment($zigzagidx[max(0,t-1)],fib0236,barindex+10,fib0236)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[max(0,t-1)],fib0382,barindex+10,fib0382)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[max(0,t-1)],fib0500,barindex+10,fib0500)style(dottedline,2)coloured("blue") drawtext("Fib 50%",$zigzagidx[max(0,t-1)],fib0500+0.05*atr) drawsegment($zigzagidx[max(0,t-1)],fib0618,barindex+10,fib0618)style(dottedline,2)coloured("red") drawsegment($zigzagidx[max(0,t-1)],fib0786,barindex+10,fib0786)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[max(0,t-1)],fib100,barindex+10,fib100)style(line,2)coloured("grey") drawtext("Fib 100%",$zigzagidx[t],fib100+0.05*atr) endif if showpastFib then for i=t-1 downto 1 do drawsegment($zigzagidx[max(0,i-1)],$zigzag[max(0,i-1)],$zigzagidx[i],$zigzag[i]) if $dir[i]=1 and showDN then fib0=$zigzag[i-1] fib100=$zigzag[i] diff=fib100-fib0 fib0236=fib100-diff*0.236 fib0382=fib100-diff*0.382 fib0500=fib100-diff*0.500 fib0618=fib100-diff*0.618 fib0786=fib100-diff*0.786 drawsegment($zigzagidx[i-1],fib0,$zigzagidx[i+1],fib0)style(line,2)coloured("grey") drawtext("Fib 0%",$zigzagidx[i],fib0+0.05*atr) drawsegment($zigzagidx[i-1],fib0236,$zigzagidx[i+1],fib0236)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[i-1],fib0382,$zigzagidx[i+1],fib0382)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[i-1],fib0500,$zigzagidx[i+1],fib0500)style(dottedline,2)coloured("blue") drawtext("Fib 50%",$zigzagidx[i],fib0500+0.05*atr) drawsegment($zigzagidx[i-1],fib0618,$zigzagidx[i+1],fib0618)style(dottedline,2)coloured("red") drawsegment($zigzagidx[i-1],fib0786,$zigzagidx[i+1],fib0786)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[i-1],fib100,$zigzagidx[i+1],fib100)style(line,2)coloured("grey") drawtext("Fib 100%",$zigzagidx[i],fib100+0.05*atr) elsif $dir[i]=-1 and ShowUP then fib0=$zigzag[i] fib100=$zigzag[i-1] diff=fib100-fib0 fib0236=fib0+diff*0.236 fib0382=fib0+diff*0.382 fib0500=fib0+diff*0.500 fib0618=fib0+diff*0.618 fib0786=fib0+diff*0.786 drawsegment($zigzagidx[i-1],fib0,$zigzagidx[i+1],fib0)style(line,2)coloured("grey") drawtext("Fib 0%",$zigzagidx[i],fib0+0.05*atr) drawsegment($zigzagidx[i-1],fib0236,$zigzagidx[i+1],fib0236)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[i-1],fib0382,$zigzagidx[i+1],fib0382)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[i-1],fib0500,$zigzagidx[i+1],fib0500)style(dottedline,2)coloured("blue") drawtext("Fib 50%",$zigzagidx[i-1],fib0500+0.05*atr) drawsegment($zigzagidx[i-1],fib0618,$zigzagidx[i+1],fib0618)style(dottedline,2)coloured("red") drawsegment($zigzagidx[i-1],fib0786,$zigzagidx[i+1],fib0786)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[i-1],fib100,$zigzagidx[i+1],fib100)style(line,2)coloured("grey") drawtext("Fib 100%",$zigzagidx[i],fib100+0.05*atr) endif next endif endif return

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  prd=15 showpastFib=1 showDN=1 ShowUP=1   atr=averagetruerange[14](close)   if high=highest[prd](high) then ph=high phx=barindex else ph=0 endif   if low=lowest[prd](low) then pl=low plx=barindex else pl=0 endif   if ph and pl=0 then dir=1 elsif pl and ph=0 then dir=-1 else dir=dir endif   dirchanged=dir<>dir[1]   if ph or pl then if dirchanged then if dir=1 then $zigzag[t+1]=highest[prd](high) $zigzagidx[t+1]=barindex $dir[t+1]=1 t=t+1 else $zigzag[t+1]=lowest[prd](low) $zigzagidx[t+1]=barindex $dir[t+1]=-1 t=t+1 endif else if dir=1 and highest[prd](high)> $zigzag[t] then $zigzag[t]=highest[prd](high) $zigzagidx[t]=barindex elsif dir=-1 and lowest[prd](low)< $zigzag[t] then $zigzag[t]=lowest[prd](low) $zigzagidx[t]=barindex endif endif endif   if islastbarupdate then   drawsegment($zigzagidx[max(0,t-1)],$zigzag[max(0,t-1)],$zigzagidx[t],$zigzag[t])   if $dir[t]=1 then   fib0=$zigzag[max(0,t-1)] fib100=$zigzag[t] diff=fib100-fib0 fib0236=fib100-diff*0.236 fib0382=fib100-diff*0.382 fib0500=fib100-diff*0.500 fib0618=fib100-diff*0.618 fib0786=fib100-diff*0.786 drawsegment($zigzagidx[max(0,t-1)],fib0,barindex+10,fib0)style(line,2)coloured("grey") drawtext("Fib 0%",$zigzagidx[t],fib0+0.05*atr) drawsegment($zigzagidx[max(0,t-1)],fib0236,barindex+10,fib0236)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[max(0,t-1)],fib0382,barindex+10,fib0382)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[max(0,t-1)],fib0500,barindex+10,fib0500)style(dottedline,2)coloured("blue") drawtext("Fib 50%",$zigzagidx[t],fib0500+0.05*atr) drawsegment($zigzagidx[max(0,t-1)],fib0618,barindex+10,fib0618)style(dottedline,2)coloured("red") drawsegment($zigzagidx[max(0,t-1)],fib0786,barindex+10,fib0786)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[max(0,t-1)],fib100,barindex+10,fib100)style(line,2)coloured("grey") drawtext("Fib 100%",$zigzagidx[t],fib100+0.05*atr)   elsif $dir[t]=-1 then   fib0=$zigzag[t] fib100=$zigzag[max(0,t-1)] diff=fib100-fib0 fib0236=fib0+diff*0.236 fib0382=fib0+diff*0.382 fib0500=fib0+diff*0.500 fib0618=fib0+diff*0.618 fib0786=fib0+diff*0.786 drawsegment($zigzagidx[max(0,t-1)],fib0,barindex+10,fib0)style(line,2)coloured("grey") drawtext("Fib 0%",$zigzagidx[t],fib0+0.05*atr) drawsegment($zigzagidx[max(0,t-1)],fib0236,barindex+10,fib0236)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[max(0,t-1)],fib0382,barindex+10,fib0382)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[max(0,t-1)],fib0500,barindex+10,fib0500)style(dottedline,2)coloured("blue") drawtext("Fib 50%",$zigzagidx[max(0,t-1)],fib0500+0.05*atr) drawsegment($zigzagidx[max(0,t-1)],fib0618,barindex+10,fib0618)style(dottedline,2)coloured("red") drawsegment($zigzagidx[max(0,t-1)],fib0786,barindex+10,fib0786)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[max(0,t-1)],fib100,barindex+10,fib100)style(line,2)coloured("grey") drawtext("Fib 100%",$zigzagidx[t],fib100+0.05*atr) endif   if showpastFib then for i=t-1 downto 1 do drawsegment($zigzagidx[max(0,i-1)],$zigzag[max(0,i-1)],$zigzagidx[i],$zigzag[i])   if $dir[i]=1  and showDN then   fib0=$zigzag[i-1] fib100=$zigzag[i] diff=fib100-fib0 fib0236=fib100-diff*0.236 fib0382=fib100-diff*0.382 fib0500=fib100-diff*0.500 fib0618=fib100-diff*0.618 fib0786=fib100-diff*0.786 drawsegment($zigzagidx[i-1],fib0,$zigzagidx[i+1],fib0)style(line,2)coloured("grey") drawtext("Fib 0%",$zigzagidx[i],fib0+0.05*atr) drawsegment($zigzagidx[i-1],fib0236,$zigzagidx[i+1],fib0236)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[i-1],fib0382,$zigzagidx[i+1],fib0382)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[i-1],fib0500,$zigzagidx[i+1],fib0500)style(dottedline,2)coloured("blue") drawtext("Fib 50%",$zigzagidx[i],fib0500+0.05*atr) drawsegment($zigzagidx[i-1],fib0618,$zigzagidx[i+1],fib0618)style(dottedline,2)coloured("red") drawsegment($zigzagidx[i-1],fib0786,$zigzagidx[i+1],fib0786)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[i-1],fib100,$zigzagidx[i+1],fib100)style(line,2)coloured("grey") drawtext("Fib 100%",$zigzagidx[i],fib100+0.05*atr)   elsif $dir[i]=-1 and ShowUP then   fib0=$zigzag[i] fib100=$zigzag[i-1] diff=fib100-fib0 fib0236=fib0+diff*0.236 fib0382=fib0+diff*0.382 fib0500=fib0+diff*0.500 fib0618=fib0+diff*0.618 fib0786=fib0+diff*0.786 drawsegment($zigzagidx[i-1],fib0,$zigzagidx[i+1],fib0)style(line,2)coloured("grey") drawtext("Fib 0%",$zigzagidx[i],fib0+0.05*atr) drawsegment($zigzagidx[i-1],fib0236,$zigzagidx[i+1],fib0236)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[i-1],fib0382,$zigzagidx[i+1],fib0382)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[i-1],fib0500,$zigzagidx[i+1],fib0500)style(dottedline,2)coloured("blue") drawtext("Fib 50%",$zigzagidx[i-1],fib0500+0.05*atr) drawsegment($zigzagidx[i-1],fib0618,$zigzagidx[i+1],fib0618)style(dottedline,2)coloured("red") drawsegment($zigzagidx[i-1],fib0786,$zigzagidx[i+1],fib0786)style(dottedline,1)coloured("grey") drawsegment($zigzagidx[i-1],fib100,$zigzagidx[i+1],fib100)style(line,2)coloured("grey") drawtext("Fib 100%",$zigzagidx[i],fib100+0.05*atr)   endif   next endif endif return

  

  Iván

  Moderator

  Topics: 0

  Replies: 903

  Been thanked: 303 times
  06/27/2024 at 2:34 PM #234429
  jowalz

  thank’s Ivan … that helps much.

  I can work further on and adapt my specifics wishes or what I do have in trading view already setup.
  As you can see in the attached picture zigzag and fibonacci is a good combination to identify support and resistance levels and trading targets accordingly.

  After my summer holiday I will post my final result here and share with the community.

  Cheers Jo

  

  jowalz

  Participant

  Topics: 2

  Replies: 1

  Been thanked: 0 times
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