// © LonesomeTheBlue
//@version=4
study(“Trend Lines v2”, overlay=true, max_bars_back = 4000)
startyear = input(defval = 2020, title = “Start Year”)
startmonth = input(defval = 1, title = “Start Month”)
startday = input(defval = 1, title = “Start day”)
prd = input(defval = 20, title=”Pivot Period”, minval = 10, maxval = 50)
PPnum = input(defval = 3, title=”Number of Pivot Points to check”, minval = 2, maxval = 6)
utcol = input(defval = color.lime, title = “Colors”, inline = “tcol”)
dtcol = input(defval = color.red, title = “”, inline = “tcol”)
float ph = pivothigh(prd, prd)
float pl = pivotlow(prd, prd)
var tval = array.new_float(PPnum)
var tpos = array.new_int(PPnum)
var bval = array.new_float(PPnum)
var bpos = array.new_int(PPnum)
add_to_array(apointer1, apointer2, val)=>
array.unshift(apointer1, val)
array.unshift(apointer2, bar_index)
array.pop(apointer1)
array.pop(apointer2)
if ph
add_to_array(tval, tpos, ph)
if pl
add_to_array(bval, bpos, pl)
// line definitions
maxline = 3
var bln = array.new_line(maxline, na)
var tln = array.new_line(maxline, na)
// loop for pivot points to check if there is possible trend line
countlinelo = 0
countlinehi = 0
starttime = timestamp(startyear, startmonth, startday, 0, 0, 0)
if time >= starttime
for x = 0 to maxline – 1
line.delete(array.get(bln, x))
line.delete(array.get(tln, x))
forp1=0toPPnum-2
uv1 = 0.0
uv2 = 0.0
up1 = 0
up2 = 0
if countlinelo <= maxline
for p2 = PPnum – 1 to p1 + 1
val1 = array.get(bval, p1)
val2 = array.get(bval, p2)
pos1 = array.get(bpos, p1)
pos2 = array.get(bpos, p2)
if val1 > val2
diff = (val1 – val2) / (pos1 – pos2)
hline = val2 + diff
lloc = bar_index
lval = low
valid = true
for x = pos2 + 1 – prd to bar_index
if close[bar_index – x] < hline
valid := false
break
lloc := x
lval := hline
hline := hline + diff
if valid
uv1 := hline – diff
uv2 := val2
up1 := lloc
up2 := pos2
break
dv1 = 0.0
dv2 = 0.0
dp1 = 0
dp2 = 0
if countlinehi <= maxline
for p2 = PPnum – 1 to p1 + 1
val1 = array.get(tval, p1)
val2 = array.get(tval, p2)
pos1 = array.get(tpos, p1)
pos2 = array.get(tpos, p2)
if val1 < val2
diff = (val2 – val1) / float(pos1 – pos2)
hline = val2 – diff
lloc = bar_index
lval = high
valid = true
for x = pos2 + 1 – prd to bar_index
if close[bar_index – x] > hline
valid := false
break
lloc := x
lval := hline
hline := hline – diff
if valid
dv1 := hline + diff
dv2 := val2
dp1 := lloc
dp2 := pos2
break
// if there is continues uptrend line then draw it
if up1 != 0 and up2 != 0 and countlinelo < maxline
countlinelo += 1
array.set(bln, countlinelo – 1, line.new(up2 – prd, uv2, up1, uv1, color = utcol))
// if there is continues downtrend line then draw it
if dp1 != 0 and dp2 != 0 and countlinehi < maxline
countlinehi += 1
array.set(tln, countlinehi – 1, line.new(dp2 – prd, dv2, dp1, dv1, color = dtcol))
.
