Plot HighLine = if datacount1 0 then Color.GREEN else Color.RED) Input showSupplyDemand = ĭef idx = if showSupplyDemand = showSupplyDemand.Pivot then 1 else 0 Rec data1 = CompoundValue(1, if (zzSave = high(period=timeframe) or zzSave = low(period=timeframe)) then data1 + 1 else data1, 0) ĭef datacount1 = (HighestAll(data1) - data1)
Rec isConf = AbsValue(chg) >= reversalAmount or (IsNaN(GetValue(zz, 1)) and GetValue(isConf, 1)) ĭef zzL = if !IsNaN(zz) and !isUp then low(period=timeframe) else GetValue(zzL, 1) ĭef zzH = if !IsNaN(zz) and isUp then high(period=timeframe) else GetValue(zzH, 1) ĭef dir = CompoundValue(1, if zzL != zzL or low(period=timeframe)=zzl and low(period=timeframe)=zzsave then 1 else if zzH != zzH or high(period=timeframe)=zzh and high(period=timeframe)=zzsave then -1 else dir, 0) ĭef signal = CompoundValue(1, if dir > 0 and low(period=timeframe) > zzL then if signal = 0 then -1 else signal else signal, 0)
Input timeframe = aggregationperiod.fifTEEN_MIN ĭef zz = ZigZagHighLow("price h" = high(period=timeframe), "price l" = low(period=timeframe), "percentage reversal" = percentamount, "absolute reversal" = revAmount, "atr length" = atrlength, "atr reversal" = atrreversal) ĭef reversalAmount = if (close(period=timeframe) * percentamount / 100) > Max(revAmount = 0
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