OPEN-SOURCE SCRIPT
Fractals (VLAD_FX)

//version=5
indicator('Fractals (VLAD_FX)', overlay=true)
var GRP1 = "••••••• FRACTALS •••••••"
showFractals = input.bool(true, title='Show fractal points?', group=GRP1)
filterFractal = input.string(title='Filter 3/5 bar fractal', defval='3', options=['3', '5'], group=GRP1)
// Fractals
isRegularFractal(mode, n) =>
ret = mode == 'Buy' ? high[n - 1] < high[n] and high[n + 1] < high[n] : mode == 'Sell' ? low[n - 1] > low[n] and low[n + 1] > low[n] : false
ret
isBWFractal(mode, n) =>
ret = mode == 'Buy' ? high[n - 2] < high[n] and high[n - 1] < high[n] and high[n + 1] < high[n] and high[n + 2] < high[n] : mode == 'Sell' ? low[n - 2] > low[n] and low[n - 1] > low[n] and low[n + 1] > low[n] and low[n + 2] > low[n] : false
ret
isFractalHigh(i) =>
filterFractal == '3' ? isRegularFractal('Buy', i) : isBWFractal('Buy', i + 1)
isFractalLow(i) =>
filterFractal == '3' ? isRegularFractal('Sell', i) : isBWFractal('Sell', i + 1)
plotshape(showFractals and isFractalHigh(1), title='Fractal High', style=shape.triangledown, location=location.abovebar, color=color.new(color.red, 0), offset=filterFractal == '3' ? -1 : -2, size=size.auto)
plotshape(showFractals and isFractalLow(1), title='Fractal Low', style=shape.triangleup, location=location.belowbar, color=color.new(color.lime, 0), offset=filterFractal == '3' ? -1 : -2, size=size.auto)
//Pivots
var GRP2 = "••••••• PIVOTS •••••••"
ShowPivots = input(title='Show Pivot points?', defval=false, group=GRP2)
lb = input.int(5, title="Left Bars", minval = 1, inline="1", group=GRP2)
rb = input.int(4, title="Right Bars", minval = 1, inline="1", group=GRP2)
showHHLL = input.bool(true, title='Show HH/LL?', group=GRP2)
hhCol = input.color(color.lime, 'HH', inline="2", group=GRP2)
lhCol = input.color(color.red, 'LH', inline="2", group=GRP2)
llCol = input.color(color.red, 'LL', inline="2", group=GRP2)
hlCol = input.color(color.lime, 'HL', inline="2", group=GRP2)
var pivotHighs = array.new_float(3)
var pivotLows = array.new_float(3)
ph = ta.pivothigh(lb, rb)
ph1 = ta.valuewhen(ph, high[rb], 1)
phSince = ta.barssince(ph)
pl = ta.pivotlow(lb, rb)
pl1 = ta.valuewhen(pl, low[rb], 1)
hh = ph > ph1
lh = ph < ph1
ll = pl < pl1
hl = pl > pl1
_transparent = color.new(color.white, 100)
plotshape(ph and ShowPivots and hh, title='HH', style=shape.triangledown, location=location.abovebar, text="HH", textcolor=showHHLL ? hhCol : _transparent, color=hhCol, offset=-rb, size=size.auto)
plotshape(ph and ShowPivots and lh, title='LH', style=shape.triangledown, location=location.abovebar, text="LH", textcolor=showHHLL ? lhCol : _transparent, color=lhCol, offset=-rb, size=size.auto)
plotshape(pl and ShowPivots and ll, title='LL', style=shape.triangleup, location=location.belowbar, text="LL", textcolor=showHHLL ? llCol : _transparent, color=llCol, offset=-rb, size=size.auto)
plotshape(pl and ShowPivots and hl, title='HL', style=shape.triangleup, location=location.belowbar, text="HL", textcolor=showHHLL ? hlCol : _transparent, color=hlCol, offset=-rb, size=size.auto)
var lastPH = "na"
var lastPL = "na"
if ph
if hh
lastPH := 'HH'
else if lh
lastPH := 'LH'
// label.new(bar_index, high, str.tostring(lastPH), style=label.style_none, textcolor=color.white)
indicator('Fractals (VLAD_FX)', overlay=true)
var GRP1 = "••••••• FRACTALS •••••••"
showFractals = input.bool(true, title='Show fractal points?', group=GRP1)
filterFractal = input.string(title='Filter 3/5 bar fractal', defval='3', options=['3', '5'], group=GRP1)
// Fractals
isRegularFractal(mode, n) =>
ret = mode == 'Buy' ? high[n - 1] < high[n] and high[n + 1] < high[n] : mode == 'Sell' ? low[n - 1] > low[n] and low[n + 1] > low[n] : false
ret
isBWFractal(mode, n) =>
ret = mode == 'Buy' ? high[n - 2] < high[n] and high[n - 1] < high[n] and high[n + 1] < high[n] and high[n + 2] < high[n] : mode == 'Sell' ? low[n - 2] > low[n] and low[n - 1] > low[n] and low[n + 1] > low[n] and low[n + 2] > low[n] : false
ret
isFractalHigh(i) =>
filterFractal == '3' ? isRegularFractal('Buy', i) : isBWFractal('Buy', i + 1)
isFractalLow(i) =>
filterFractal == '3' ? isRegularFractal('Sell', i) : isBWFractal('Sell', i + 1)
plotshape(showFractals and isFractalHigh(1), title='Fractal High', style=shape.triangledown, location=location.abovebar, color=color.new(color.red, 0), offset=filterFractal == '3' ? -1 : -2, size=size.auto)
plotshape(showFractals and isFractalLow(1), title='Fractal Low', style=shape.triangleup, location=location.belowbar, color=color.new(color.lime, 0), offset=filterFractal == '3' ? -1 : -2, size=size.auto)
//Pivots
var GRP2 = "••••••• PIVOTS •••••••"
ShowPivots = input(title='Show Pivot points?', defval=false, group=GRP2)
lb = input.int(5, title="Left Bars", minval = 1, inline="1", group=GRP2)
rb = input.int(4, title="Right Bars", minval = 1, inline="1", group=GRP2)
showHHLL = input.bool(true, title='Show HH/LL?', group=GRP2)
hhCol = input.color(color.lime, 'HH', inline="2", group=GRP2)
lhCol = input.color(color.red, 'LH', inline="2", group=GRP2)
llCol = input.color(color.red, 'LL', inline="2", group=GRP2)
hlCol = input.color(color.lime, 'HL', inline="2", group=GRP2)
var pivotHighs = array.new_float(3)
var pivotLows = array.new_float(3)
ph = ta.pivothigh(lb, rb)
ph1 = ta.valuewhen(ph, high[rb], 1)
phSince = ta.barssince(ph)
pl = ta.pivotlow(lb, rb)
pl1 = ta.valuewhen(pl, low[rb], 1)
hh = ph > ph1
lh = ph < ph1
ll = pl < pl1
hl = pl > pl1
_transparent = color.new(color.white, 100)
plotshape(ph and ShowPivots and hh, title='HH', style=shape.triangledown, location=location.abovebar, text="HH", textcolor=showHHLL ? hhCol : _transparent, color=hhCol, offset=-rb, size=size.auto)
plotshape(ph and ShowPivots and lh, title='LH', style=shape.triangledown, location=location.abovebar, text="LH", textcolor=showHHLL ? lhCol : _transparent, color=lhCol, offset=-rb, size=size.auto)
plotshape(pl and ShowPivots and ll, title='LL', style=shape.triangleup, location=location.belowbar, text="LL", textcolor=showHHLL ? llCol : _transparent, color=llCol, offset=-rb, size=size.auto)
plotshape(pl and ShowPivots and hl, title='HL', style=shape.triangleup, location=location.belowbar, text="HL", textcolor=showHHLL ? hlCol : _transparent, color=hlCol, offset=-rb, size=size.auto)
var lastPH = "na"
var lastPL = "na"
if ph
if hh
lastPH := 'HH'
else if lh
lastPH := 'LH'
// label.new(bar_index, high, str.tostring(lastPH), style=label.style_none, textcolor=color.white)
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.