Elliot wave 3 code conversion for PRO REAL TIME

• 02/07/2023 at 11:28 AM #209292
  yas

  //CAN THIS BE CONVERTED TO PRO REAL TIME PLEASE

   

  // This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
  // © LonesomeTheBlue

  //@version=5
  indicator(‘3rd Wave’, overlay=true, max_bars_back=500, max_lines_count=500, max_labels_count=500)

  // import necessary functions to calculate and show the zigzag
  import LonesomeTheBlue/CreateAndShowZigzag/1 as ZigZag

  prd = input.int(defval=8, title=’ZigZag Period’, minval=2, maxval=50, group=’setup’)
  ret_rate_min = input.float(defval=0.382, title=’Min/Max Retracements’, minval=0.100, maxval=0.900, inline=’retrate’, group=’setup’)
  ret_rate_max = input.float(defval=0.786, title=”, minval=0.100, maxval=0.900, inline=’retrate’, group=’setup’)
  checkvol_support = input.bool(defval=true, title=’Check Volume Support’, group=’setup’)
  target1_enb = input.bool(defval=true, title=’Target 1′, inline=’t1′, group=’targets’)
  target1_ret = input.float(defval=1., title=”, inline=’t1′, group=’targets’, tooltip = “%X of wave 1 from the begining of wave 2″)
  target2_enb = input.bool(defval=true, title=’Target 2′, inline=’t2′, group=’targets’)
  target2_ret = input.float(defval=1.618, title=”, inline=’t2′, group=’targets’, tooltip = “%X of wave 1 from the begining of wave 2″)
  target3_enb = input.bool(defval=false, title=’Target 3′, inline=’t3′, group=’targets’)
  target3_ret = input.float(defval=2.618, title=”, inline=’t3′, group=’targets’, tooltip = “%X of wave 1 from the begining of wave 2″)
  target4_enb = input.bool(defval=false, title=’Target 4′, inline=’t4′, group=’targets’)
  target4_ret = input.float(defval=3.618, title=”, inline=’t4′, group=’targets’, tooltip = “%X of wave 1 from the begining of wave 2″)
  showwave12 = input.bool(defval=true, title=’Show Wave 1 and 2′, group=’colors’)
  showbo = input.bool(defval=true, title=’Zone’, inline=’bocol’, group=’colors’)
  bupcol = input.color(defval=color.rgb(0, 255, 0, 85), title=”, inline=’bocol’, group=’colors’)
  bdncol = input.color(defval=color.rgb(255, 0, 0, 85), title=”, inline=’bocol’, group=’colors’)
  showzigzag = input.bool(defval=false, title=’Zig Zag’, inline=’zzcol’, group=’colors’)
  upcol = input.color(defval=color.lime, title=”, inline=’zzcol’, group=’colors’)
  dncol = input.color(defval=color.red, title=”, inline=’zzcol’, group=’colors’)

  // definitions for zigzag arrays
  var max_array_size = 10 // max length for zigzag array
  var zigzag = array.new_float(0)
  oldzigzag = array.copy(zigzag) // keep old zigzag

  // get the zigzag
  dir = ZigZag.getZigzag(zigzag, prd, max_array_size)
  // show the zigzag
  if showzigzag
  ZigZag.showZigzag(zigzag, oldzigzag, dir, upcol, dncol)

  int len = array.size(zigzag) >= 8 ? bar_index – math.round(array.get(zigzag, 7)) : 1
  bool vol_support = (not checkvol_support or (checkvol_support and ta.linreg(volume, len, 0) – ta.linreg(volume, len, 1) > 0))
  var bool can_check_it = true
  bool thereisbo = false
  if (dir != dir[1])
  can_check_it := true
  can_check_it

  // check if there is possible 3rd wave and show breakout if there is any
  if array.size(zigzag) >= 8 and can_check_it
  w12 = math.abs(array.get(zigzag, 2) – array.get(zigzag, 4)) / math.abs(array.get(zigzag, 4) – array.get(zigzag, 6))
  if w12 >= ret_rate_min and w12 <= ret_rate_max and (dir == 1 and high > array.get(zigzag, 4) or dir == -1 and low < array.get(zigzag, 4))
  can_check_it := false
  if vol_support
  thereisbo := true
  // draw bo
  if showbo
  box.new(left=math.round(array.get(zigzag, 7)), top=array.get(zigzag, 4), right=bar_index, bottom=array.get(zigzag, 6), border_color=color.blue, border_width=1, border_style=line.style_dotted, bgcolor=dir == 1 ? bupcol : bdncol)

  if showwave12
  line.new(x1=math.round(array.get(zigzag, 7)), y1=array.get(zigzag, 6), x2=math.round(array.get(zigzag, 5)), y2=array.get(zigzag, 4))
  line.new(x1=math.round(array.get(zigzag, 5)), y1=array.get(zigzag, 4), x2=math.round(array.get(zigzag, 3)), y2=array.get(zigzag, 2))
  label.new(x=math.round(array.get(zigzag, 7)), y=array.get(zigzag, 6), text=’0′, color=color.new(color.white, 100), textcolor=color.blue, style=dir == 1 ? label.style_label_up : label.style_label_down)
  label.new(x=math.round(array.get(zigzag, 5)), y=array.get(zigzag, 4), text=’1′, color=color.new(color.white, 100), textcolor=color.blue, style=dir == 1 ? label.style_label_down : label.style_label_up)
  label.new(x=math.round(array.get(zigzag, 3)), y=array.get(zigzag, 2), text=’2′, color=color.new(color.white, 100), textcolor=color.blue, style=dir == 1 ? label.style_label_up : label.style_label_down)

  // draw label
  label.new(x=bar_index, y=array.get(zigzag, 6), color=dir == 1 ? upcol : dncol, style=dir == 1 ? label.style_triangleup : label.style_triangledown, size=size.small)

  base = array.get(zigzag, 2)
  wave1 = math.abs(array.get(zigzag, 4) – array.get(zigzag, 6))
  if target1_enb
  line.new(x1=bar_index, y1=math.max(base + dir * wave1 * target1_ret, 0), x2=math.round(array.get(zigzag, 7)), y2=math.max(base + dir * wave1 * target1_ret, 0), style=line.style_dashed)
  if target2_enb
  line.new(x1=bar_index, y1=math.max(base + dir * wave1 * target2_ret, 0), x2=math.round(array.get(zigzag, 7)), y2=math.max(base + dir * wave1 * target2_ret, 0), style=line.style_dashed)
  if target3_enb
  line.new(x1=bar_index, y1=math.max(base + dir * wave1 * target3_ret, 0), x2=math.round(array.get(zigzag, 7)), y2=math.max(base + dir * wave1 * target3_ret, 0), style=line.style_dashed)
  if target4_enb
  line.new(x1=bar_index, y1=math.max(base + dir * wave1 * target4_ret, 0), x2=math.round(array.get(zigzag, 7)), y2=math.max(base + dir * wave1 * target4_ret, 0), style=line.style_dashed)

  alertcondition(thereisbo and dir == 1, title = “Breakout Long”, message = “Breakout Long”)
  alertcondition(thereisbo and dir == -1, title = “Breakout Short”, message = “Breakout Short”)

  

  yas

  Participant

  Topics: 8

  Replies: 19

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  02/08/2023 at 7:43 AM #209334
  yas

  hi

  Guys

  Any Response on the request above please

  

  yas

  Participant

  Topics: 8

  Replies: 19

  Been thanked: 0 times
  02/08/2023 at 8:42 PM #209372
  yas

  hi Guys

  Any reply to my request please

  thanks

  

  yas

  Participant

  Topics: 8

  Replies: 19

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  02/09/2023 at 2:52 PM #209452
  robertogozzi

  Appending further posts every day will just make a lot of text to be read.

  Be patient, sooner or later someone will answer 🙂

   

  

  robertogozzi

  Moderator

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  02/15/2023 at 9:34 AM #209704
  Nicolas

  This indicator is using a library (more codes..) which is not provided:

  // import necessary functions to calculate and show the zigzag
  import LonesomeTheBlue/CreateAndShowZigzag/1 as ZigZag

  

  Nicolas

  Keymaster

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  02/15/2023 at 12:10 PM #209737
  yas

   

  //please try to convert this code instead of one on the above

  many thanks

   indicatorElliot wave : Wave 3 finder

  // This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
  // © Qantar

  //@version=4
  study(“3x finder”,overlay=true,max_bars_back=5000)

  //eow=rectracment of end of wave x (eowx)
  var eow1=0.7, eow2=0.5, eow3=1.618, s=0

  //find start of wave 1

  N=bar_index+1, LV=lowest(low,N)
  LP=valuewhen(low==LV,bar_index,0)

  //mark end of wave 1 and 2
  if N>LP
  HV=highest(high,N-LP)
  HP=valuewhen(high==HV,bar_index,0)
  R=HV-LV
  FP=HV-eow1*R
  BP=HV-eow2*R
  LV2V=lowest(low,N-HP)
  LV2P=valuewhen(low==LV2V,bar_index,0)
  EXP=LV2V+eow3*R
  if (LV2V<FP)and(LV2V>LV)and(LV2P>HP)
  //label.new(x=LP,y=LV,color=color.red,style=label.style_label_up,textcolor=color.white,text=”0″)
  if (high>=BP)and(N-1>LV2P)and(close>=BP)
  alert(“wave 3 start”)
  W0=label.new(x=LP,y=LV,color=color.red,style=label.style_label_up,textcolor=color.white,text=”0″)
  W1=label.new(x=HP,y=HV,color=color.green,textcolor=color.white,text=”1″)
  W2=label.new(x=LV2P,y=LV2V,color=color.orange,style=label.style_label_up,textcolor=color.white,text=”2″)
  label.delete(W0[1])
  label.delete(W1[1])
  label.delete(W2[1])
  TP=LV2V+(1.618*R)
  SL=LV2V
  Line1=line.new(x1=HP,y1=TP,x2=N+100,y2=TP, color=color.green)
  Line2=line.new(x1=HP,y1=SL,x2=N+100,y2=SL, color=color.red)
  Label1=label.new(x=N+100,y=TP,color=color.green,textcolor=color.white,text=”Target price = “+tostring(TP))
  Label2=label.new(x=N+100,y=SL,color=color.orange,textcolor=color.white,text=”Stop loss = “+tostring(SL))
  line.delete(Line1[1])
  line.delete(Line2[1])
  label.delete(Label1[1])
  label.delete(Label2[1])
  if barstate.islast
  RRR=(TP-high)/(high-SL)
  label.new(x=N-1,y=high,color=color.blue,textcolor=color.white,text=”buy \n Risk Reward Ratio = “+tostring(RRR))

  fast=ema(close,14)
  slow=ema(close,26)
  crossover(fast,slow)
  barcolor(crossover(fast,slow)? color.blue: crossunder(fast,slow)? color.purple: fast>slow? color.green:color.red)

   

   

  

  yas

  Participant

  Topics: 8

  Replies: 19

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  02/19/2023 at 3:51 PM #209953
  Zigo

  Eliott Wave theory is complex and requires a highly diciplined attitude.
  Found a Cycle on the S&P500’s 6 days chart.I Think I know exactly what you mean and will give it a try.

  2 users thanked author for this post.

  yas, GraHal

  

  Zigo

  Participant

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  02/22/2023 at 3:10 PM #210144
  Zigo

  I have compared the theoretical moves, with real moves. The programming will take a few month’s I think.

  

  Zigo

  Participant

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