Zig Zag Line Swing Connector

Zig Zag Line Swing Connector
Zig Zag Line Swing Connector

//www.aflcode.com
z=Param("zig",0.4,0.01,3,0.01);
Plot(C,"",colorLightGrey,styleBar);
Plot( Zig(C, z), _DEFAULT_NAME(), colorYellow, styleLine );

p=Peak(C,z,1);
t=Trough(C,z,1);

Buy=Cross(C,p)AND TimeNum()>100000 ;
stop=ValueWhen(Buy,t,1);
Entry=ValueWhen(Buy,p,1);
Target=(Entry+(Entry-stop));
Sell=Cross(stop,C) OR Cross(t,C) OR Cross(C,Target) OR TimeNum()>152500 ;

Buy = ExRem( Buy, Sell );
Sell = ExRem( Sell, Buy ); 

PlotShapes(shapeUpArrow*Buy,colorGreen,0, L,-5 );
PlotShapes(shapeDownArrow*Sell,colorRed,0, H,-5 );

Short=Cross(t,C)AND TimeNum()>100000;
stop1=ValueWhen(Short,p,1);
Entry1=ValueWhen(Short,t,1);
Target1=(Entry1-(stop1-Entry1));
Cover=Cross(C,stop1) OR Cross(C,p) OR Cross(Target1,C) OR TimeNum()>152500;

Short = ExRem( Short, Cover );
Cover = ExRem( Cover, Short ); 

PlotShapes(shapeSmallUpTriangle*Cover,colorRed,0,L,-30 );
PlotShapes(shapeSmallDownTriangle*Short,colorGreen,0,H,-30 );

finalb = Flip( Buy, Sell );
finals = Flip( Short, Cover );

Plot(IIf(finalb==1,Ref(Entry,1),IIf(finals==1,Entry1,Null)),"",colorGreen,styleDashed);
Plot(IIf(finalb==1,stop,IIf(finals==1,stop1,Null)),"",colorRed,styleDashed);
Plot(IIf(finalb==1,Target,IIf(finals==1,Target1,Null)),"",colorBlue,styleDashed);
Previous
Next Post »