a trading strategy based on Elliott Wave Theory - page 151
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https://c.mql5.com/mql4/forum/2006/10/indicators.zip
#property indicator_chart_window #property indicator_buffers 8 #property indicator_color1 Sienna #property indicator_color2 OrangeRed #property indicator_color3 Maroon #property indicator_color4 Green #property indicator_color5 Indigo #property indicator_color6 Navy #property indicator_color7 DarkSlateBlue #property indicator_color8 DarkBlue //---- input parameters extern int CountBars=500; extern bool alert = true; extern int max_length = 30; extern double error = 0.1; extern color zz_clr = Blue; extern color bat_clr = Sienna; extern color crab_clr = OrangeRed; extern color gar_clr = Maroon; extern color ab_clr = Green; extern color but_clr = Indigo; color get_harmony_color(int pattern){ switch(pattern){ case 1: return (ab_clr); break; case 2: return (gar_clr); break; case 3: return (but_clr); break; case 4: return (bat_clr); break; case 5: return (crab_clr); break; } return (zz_clr); } string get_harmony_pattern(int pattern,int shift){ string pstr = ""; switch(pattern){ case 1: pstr = "AB=CD"; break; case 2: pstr = "Gartley"; break; case 3: pstr = "Butterfly"; break; case 4: pstr = "Bat"; break; case 5: pstr = "Crab"; break; } pstr = pstr + " at "+shift; return (pstr); } double bufBAT[]; double bufCRAB[]; double bufGAR[]; double bufAB[]; double bufBUT[]; double bufALL[]; double bufT0[]; double bufT1[]; int init(){ //---- SetIndexStyle(0,DRAW_NONE,STYLE_SOLID,3); SetIndexStyle(1,DRAW_NONE,STYLE_SOLID,3); SetIndexStyle(2,DRAW_NONE,STYLE_SOLID,3); SetIndexStyle(3,DRAW_NONE,STYLE_SOLID,3); SetIndexStyle(4,DRAW_NONE,STYLE_SOLID,3); SetIndexStyle(5,DRAW_NONE); SetIndexStyle(6,DRAW_ARROW,STYLE_SOLID,2); SetIndexStyle(7,DRAW_ARROW,STYLE_SOLID,2); SetIndexBuffer(0,bufBAT); SetIndexBuffer(1,bufCRAB); SetIndexBuffer(2,bufGAR); SetIndexBuffer(3,bufAB); SetIndexBuffer(4,bufBUT); SetIndexBuffer(5,bufALL); SetIndexBuffer(6,bufT0); SetIndexBuffer(7,bufT1); //SetIndexBuffer(0,bufALL); SetIndexEmptyValue(0,0); SetIndexEmptyValue(1,0); SetIndexEmptyValue(2,0); SetIndexEmptyValue(3,0); SetIndexEmptyValue(4,0); SetIndexEmptyValue(5,0); SetIndexEmptyValue(6,0); SetIndexEmptyValue(7,0); SetIndexArrow(0,132); SetIndexArrow(1,133); SetIndexArrow(2,130); SetIndexArrow(3,129); SetIndexArrow(4,131); SetIndexArrow(6,167); SetIndexArrow(7,110); IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS)+2); //---- return(0); } void delete_obj(){ string buff_str = ""; for(int i=ObjectsTotal()-1;i>=0;i--){ buff_str = ObjectName(i); if(StringFind(buff_str,"harmony_05_",0)==0) ObjectDelete(buff_str); } } static int acc = 0; void update_zz(int from,double arr[],int ind[]){ color c = Crimson; int off = 0 ; if(from==0){ c = DarkBlue; off = 3; } for(int i=from;i<4;i++){ create_line(ind[i],ind[i+1],get_harmony_color(7),arr[i],arr[i+1],0,STYLE_SOLID); if(i<3){ place_text( DoubleToStr(MathAbs(arr[i+2]-arr[i+1])/MathAbs(arr[i]-arr[i+1]),3), (ind[i]+ind[i+2])/2, (arr[i]+arr[i+2])/2, zz_clr); create_line(ind[i],ind[i+2],Gray,arr[i],arr[i+2],0,STYLE_DOT); } switch(i){ case 0:place_text("X",ind[i]+off,arr[i],c); break; case 1:place_text("A",ind[i]+off,arr[i],c); break; case 2:place_text("B",ind[i]+off,arr[i],c); break; case 3:place_text("C",ind[i]+off,arr[i],c); break; case 4:place_text("D",ind[i]+off,arr[i],c); break; } } if(from==0){ create_triangle(ind[0],ind[1],ind[2],BurlyWood,arr[0],arr[1],arr[2]); create_triangle(ind[2],ind[3],ind[4],CadetBlue,arr[2],arr[3],arr[4]); } else{ create_triangle(ind[2],ind[3],ind[4],Tomato,arr[2],arr[3],arr[4]); } } void place_text(string text,int x,double price,color c){ static int acc = 0; string buff_str = "harmony_05_text_"+acc; acc++; //OBJ_LABEL if(ObjectFind(buff_str)==-1){ ObjectCreate(buff_str, OBJ_TEXT, 0, Time[x], price); } //ObjectSet(buff_str,OBJPROP_COLOR,c); ObjectSet(buff_str,OBJPROP_TIME1,Time[x]); ObjectSet(buff_str,OBJPROP_PRICE1,price); //ObjectSet(buff_str,OBJPROP_FONTSIZE,10); ObjectSetText(buff_str,text,10,"Arial",c); } void create_line(int from,int to,color c,double p0,double p1,int long,int type){ static int acc = 0; string buff_str = "harmony_05_"+acc; acc++; ObjectCreate(buff_str, OBJ_TREND, 0, Time[from], p0, Time[to], p1); ObjectSet(buff_str,OBJPROP_RAY,long); ObjectSet(buff_str,OBJPROP_COLOR,c); ObjectSet(buff_str,OBJPROP_XDISTANCE,100); ObjectSet(buff_str,OBJPROP_YDISTANCE,100); ObjectSet(buff_str,OBJPROP_STYLE,type); if(type!=STYLE_SOLID) ObjectSet(buff_str,OBJPROP_WIDTH,1); else ObjectSet(buff_str,OBJPROP_WIDTH,2); } int deinit(){ delete_obj(); return (0); } double last_time = 0; double XA,XB,XD,AB,AC,BC,BD,CD,AD; void init_lines(double arr[],int ind[]){ XA = 0; if(MathAbs(ind[0]-ind[1])>1 && MathAbs(ind[1]-ind[2])>1 && MathAbs(ind[2]-ind[3])>1 && MathAbs(ind[3]-ind[4])>1){ if( (arr[1]-arr[3])*(arr[2]-arr[3])<0 && (arr[0]-arr[2])*(arr[1]-arr[2])<0 ){ XA = MathAbs(arr[1]-arr[0]) / Point; XB = MathAbs(arr[2]-arr[0]) / Point; XD = MathAbs(arr[4]-arr[0]) / Point; AB = MathAbs(arr[2]-arr[1]) / Point; AC = MathAbs(arr[3]-arr[1]) / Point; BC = MathAbs(arr[3]-arr[2]) / Point; BD = MathAbs(arr[4]-arr[2]) / Point; CD = MathAbs(arr[4]-arr[3]) / Point; AD = MathAbs(arr[4]-arr[1]) / Point; } } } /* double get_retracement(int a,int b,double arr[],double ret){ return (arr[a] + ((arr[a]-arr[b]) / Point)*ret*Point); } */ bool is_ABCD_pattern(double arr[],int ind[],double offset){ double F0,F1; bool found = false; F0 = NormalizeDouble(BC / AB,3); F1 = NormalizeDouble(CD / BC,3); found = (F0>=0.382-offset && F0<=0.382+offset && F1>=2.240-offset && F1<=2.240+offset) || (F0>=0.500-offset && F0<=0.500+offset && F1>=2.000-offset && F1<=2.000+offset) || (F0>=0.618-offset && F0<=0.618+offset && F1>=1.618-offset && F1<=1.618+offset) || (F0>=0.707-offset && F0<=0.707+offset && F1>=1.414-offset && F1<=1.414+offset) || (F0>=0.786-offset && F0<=0.786+offset && F1>=1.270-offset && F1<=1.270+offset) ; if(!found) return (false); bufAB[ind[4]] = arr[4]; bufALL[ind[4]] = 1.0; update_zz(1,arr,ind); bufT0[ind[4]] = arr[4]+(((arr[2]-arr[4])/Point)*0.618)*Point; bufT1[ind[4]] = arr[4]+(((arr[1]-arr[4])/Point)*0.618)*Point; place_text(get_harmony_pattern(1,ind[4]),ind[4],bufAB[ind[4]],get_harmony_color(1)); //Print(harmony_pattern(1,ind[4])); return (true); } bool is_Gartley_pattern(double arr[],int ind[],double offset){ double F0,F1; bool found = false; F0 = NormalizeDouble(AB / XA,3); F1 = NormalizeDouble(AD / XA,3); found = ( (F0>=0.382-offset && F0<=0.382+offset) || (F0>=0.477-offset && F0<=0.477+offset) || (F0>=0.500-offset && F0<=0.500+offset) || (F0>=0.618-offset && F0<=0.618+offset) ) && ( (F1>=0.618-offset && F1<=0.618+offset) || (F1>=0.786-offset && F1<=0.786+offset) ); //(F0==0.618/*-offset && F0<=0.618+offset*/ && F1==0.786/*-offset && F1<=0.786+offset*/); if(!found) return (false); F0 = NormalizeDouble(BC / AB,3); F1 = NormalizeDouble(CD / BC,3); found = (F0>=0.382-offset && F0<=0.382+offset && F1>=2.240-offset && F1<=2.240+offset) || (F0>=0.500-offset && F0<=0.500+offset && F1>=2.000-offset && F1<=2.000+offset) || (F0>=0.618-offset && F0<=0.618+offset && F1>=1.618-offset && F1<=1.618+offset) || (F0>=0.707-offset && F0<=0.707+offset && F1>=1.414-offset && F1<=1.414+offset) || (F0>=0.786-offset && F0<=0.786+offset && F1>=1.270-offset && F1<=1.270+offset) || (F0>=0.886-offset && F0<=0.886+offset && F1>=1.129-offset && F1<=1.129+offset) ; if(!found) return (false); bufGAR[ind[4]] = arr[4]+10*Point; bufT0[ind[4]] = arr[4]+(((arr[3]-arr[4])/Point)*0.618)*Point; bufT1[ind[4]] = arr[4]+(((arr[1]-arr[4])/Point)*0.618)*Point; bufALL[ind[4]] = 2.0; update_zz(0,arr,ind); place_text(get_harmony_pattern(2,ind[4]),ind[4],bufGAR[ind[4]],get_harmony_color(2)); //Print(harmony_pattern(2,ind[4])); return (true); } bool is_Butterfly_pattern(double arr[],int ind[],double offset){ double F0,F1; bool found = false; F0 = NormalizeDouble(AB / XA,3); F1 = NormalizeDouble(AD / XA,3); found = ( (F0>=0.618-offset && F0<=0.618+offset) || (F0>=0.786-offset && F0<=0.786+offset) || (F0>=0.886-offset && F0<=0.886+offset) ) && ( (F1>=1.270-offset && F1<=1.270+offset) || (F1>=1.618-offset && F1<=1.618+offset) ); //(F0==0.618/*-offset && F0<=0.618+offset*/ && F1==0.786/*-offset && F1<=0.786+offset*/); if(!found) return (false); F0 = NormalizeDouble(BC / AB,3); F1 = NormalizeDouble(CD / BC,3); found = ( (F0>=0.382-offset && F0<=0.382+offset) && ( (F1>=2.240-offset && F1<=2.240+offset) || (F1>=1.618-offset && F1<=1.618+offset) || (F1>=2.618-offset && F1<=2.618+offset) ) ) || ( (F0>=0.500-offset && F0<=0.500+offset) && ( (F1>=2.000-offset && F1<=2.000+offset) || (F1>=2.618-offset && F1<=2.618+offset) ) ) || ( (F0>=0.618-offset && F0<=0.618+offset) && ( (F1>=1.618-offset && F1<=1.618+offset) || (F1>=2.000-offset && F1<=2.000+offset) || (F1>=2.618-offset && F1<=2.618+offset) || (F1>=2.240-offset && F1<=2.240+offset) ) ) || (F0>=0.707-offset && F0<=0.707+offset && F1>=1.414-offset && F1<=1.414+offset) || ( (F0>=0.786-offset && F0<=0.786+offset) && ( (F1>=1.618-offset && F1<=1.618+offset) || (F1>=2.618-offset && F1<=2.618+offset) || (F1>=2.240-offset && F1<=2.240+offset) ) ) || (F0>=0.886-offset && F0<=0.886+offset && F1>=1.270-offset && F1<=1.270+offset); if(!found) return (false); bufBUT[ind[4]] = arr[4]+20*Point; bufALL[ind[4]] = 3.0; bufT0[ind[4]] = arr[4]+(((arr[3]-arr[4])/Point)*0.618)*Point; bufT1[ind[4]] = arr[4]+(((arr[1]-arr[4])/Point)*0.618)*Point; update_zz(0,arr,ind); place_text(get_harmony_pattern(3,ind[4]),ind[4],bufBUT[ind[4]],get_harmony_color(3)); //Print(harmony_pattern(3,ind[4])); return (true); } bool is_BAT_pattern(double arr[],int ind[],double offset){ double F0,F1,F2; bool found = false; F0 = NormalizeDouble(AB / XA,3); F1 = NormalizeDouble(AD / XA,3); F2 = NormalizeDouble(CD / BC,3); found = (F0>=0.382-offset && F0<=0.618+offset) && (F1>=0.886-offset && F1<=0.886+offset) && (F2>=1.618-offset && F2<=2.618+offset) ; if(!found) return (false); F0 = NormalizeDouble(BC / AB,3); F1 = F2; found = (F0>=0.500-offset && F0<=0.500+offset && F1>=2.618-offset && F1<=2.618+offset) || (F0>=0.618-offset && F0<=0.618+offset && F1>=2.000-offset && F1<=2.000+offset) || (F0>=0.618-offset && F0<=0.618+offset && F1>=2.240-offset && F1<=2.240+offset) || (F0>=0.786-offset && F0<=0.786+offset && F1>=1.618-offset && F1<=1.618+offset) || (F0>=0.886-offset && F0<=0.886+offset && F1>=1.270-offset && F1<=1.270+offset) ; if(!found) return (false); bufBAT[ind[4]] = arr[4]+30*Point; bufALL[ind[4]] = 4.0; bufT0[ind[4]] = arr[4]+(((arr[3]-arr[4])/Point)*0.618)*Point; bufT1[ind[4]] = arr[4]+(((arr[1]-arr[4])/Point)*0.618)*Point; update_zz(0,arr,ind); place_text(get_harmony_pattern(4,ind[4]),ind[4],bufBAT[ind[4]],get_harmony_color(4)); return (true); } bool is_CRAB_pattern(double arr[],int ind[],double offset){ double F0,F1; bool found = false; F0 = NormalizeDouble(AB / XA,3); F1 = NormalizeDouble(CD / BC,3); found = ( (F0>=0.382-offset && F0<=0.382-offset) || (F0>=0.477-offset && F0<=0.477+offset) || (F0>=0.500-offset && F0<=0.500+offset) || (F0>=0.618-offset && F0<=0.618+offset) ) && ( (F1>=2.618-offset && F1<=2.618+offset) || (F1>=3.140-offset && F1<=3.140+offset) || (F1>=3.618-offset && F1<=3.618+offset) ); if(!found) return (false); bufCRAB[ind[4]] = arr[4]+40*Point; bufALL[ind[4]] = 5.0; bufT0[ind[4]] = arr[4]+(((arr[3]-arr[4])/Point)*0.618)*Point; bufT1[ind[4]] = arr[4]+(((arr[1]-arr[4])/Point)*0.618)*Point; update_zz(0,arr,ind); place_text(get_harmony_pattern(5,ind[4]),ind[4],bufCRAB[ind[4]],get_harmony_color(5)); //Print(harmony_pattern(5,ind[4])); return (true); } int last = 0 ; datetime last_ = 0; int start(){ if(last==Bars) return (0); delete_obj(); last = Bars; //delete_obj(); int point_arr[5]; double val_arr[5]; int i,l = 0; int pi = 4,j = 0; datetime ld; double gann = 0; int limit = CountBars; int found = limit; for(int len = max_length;len>2;len--){ j = 0; pi = 4; while(j<limit && pi>=0){ gann = iCustom(Symbol(),Period(),"a_ZZ",limit,0,len,0,j); //gann = iCustom(Symbol(),Period(),"0_ZigZag",Length,0,0,0,from,0,j); if(gann!=0.0){ point_arr[pi] = j; val_arr[pi] = gann; pi--; } j++; } //limit -= 10; init_lines(val_arr,point_arr); if(XA!=0){ if( is_ABCD_pattern(val_arr,point_arr,error) || is_Gartley_pattern(val_arr,point_arr,error) || is_Butterfly_pattern(val_arr,point_arr,error) || is_CRAB_pattern(val_arr,point_arr,error) || is_BAT_pattern(val_arr,point_arr,error) ){ if(found>point_arr[4]){ found = point_arr[4]; } Sleep(50); } } } if(found!=CountBars && Time[found]>last_){ last_ = Time[found]; if(alert) Alert(Symbol()+":: Possible Price Pattern found at "+found+" bar."); } //ObjectsRedraw(); return(0); } //+------------------------------------------------------------------+ void create_triangle(int p0,int p1,int p2,color c,double c0,double c1,double c2){ static int acc = 0; string buff_str = "harmony_05_tri_"+acc; acc++; datetime t0 = Time[p0],t1 = Time[p1],t2 = Time[p2]; if(p1<0) t1 = Time[0] + Period()*60*MathAbs(p1); if(p2<0) t2 = Time[0] + Period()*60*MathAbs(p2); ObjectCreate(buff_str, OBJ_TRIANGLE, 0, t0, c0, t1, c1, t2, c2); ObjectSet(buff_str, OBJPROP_COLOR, c ); ObjectSet(buff_str, OBJPROP_STYLE, STYLE_DOT ); ObjectSet(buff_str,OBJPROP_BACK,true); }#property copyright "ANG3110@latchess.com" //-------------ang_Amp_ZZ--------------- #property indicator_chart_window #property indicator_buffers 1 #property indicator_color1 Blue //-------------------------------- extern int cbars=1000; extern int from=0; extern int Length=10; extern double error = 0.1; extern bool draw = false; //--------------------------------- double ha[],la[],zz[],un[],pattern[],position[]; double hi,li,hm,lm,di,j; int f,f1,ai,bi,aii,bii,f0,aibar,bibar; //---------------------------------------------- string id = "a_zz_"; int init() { id = id + Length +"_"; IndicatorBuffers(6); SetIndexStyle(0,DRAW_SECTION,STYLE_SOLID,2); SetIndexBuffer(0,zz); SetIndexBuffer(1,la); SetIndexBuffer(2,ha); SetIndexBuffer(3,un); SetIndexBuffer(4,pattern); SetIndexBuffer(5,position); SetIndexEmptyValue(0,0); SetIndexEmptyValue(1,0); SetIndexEmptyValue(2,0); SetIndexEmptyValue(3,0); SetIndexEmptyValue(4,0); SetIndexEmptyValue(5,0); return(0); } void place_text(string text,int x,double price,color c){ if(!draw) return (0); string buff_str = id+text+x+price; //OBJ_LABEL if(ObjectFind(buff_str)==-1){ ObjectCreate(buff_str, OBJ_TEXT, 0, Time[x], price); } //ObjectSet(buff_str,OBJPROP_COLOR,c); ObjectSet(buff_str,OBJPROP_TIME1,Time[x]); ObjectSet(buff_str,OBJPROP_PRICE1,price); //ObjectSet(buff_str,OBJPROP_FONTSIZE,10); ObjectSetText(buff_str,text,10,"Arial",c); } void create_line(int from,int to,color c,double p0,double p1,int long,int style){ if(!draw) return (0); static int acc = 0; string buff_str = id+acc; acc++; ObjectCreate(buff_str, OBJ_TREND, 0, Time[from], p0, Time[to], p1); ObjectSet(buff_str,OBJPROP_RAY,long); ObjectSet(buff_str,OBJPROP_COLOR,c); ObjectSet(buff_str,OBJPROP_XDISTANCE,100); ObjectSet(buff_str,OBJPROP_YDISTANCE,100); ObjectSet(buff_str,OBJPROP_STYLE,style); ObjectSet(buff_str,OBJPROP_BACK,true); //ObjectSet(buff_str,OBJPROP_WIDTH,2); } void delete_obj(){ string buff_str = ""; for(int i=ObjectsTotal()-1;i>=0;i--){ buff_str = ObjectName(i); if(StringFind(buff_str,id,0)==0) ObjectDelete(buff_str); } } int deinit(){ delete_obj(); return (0); } int last=0; //================================ int start() { if(last==Bars) return (0); last=Bars; delete_obj(); ArrayInitialize(zz,0); //ArrayInitialize(ha,0); //ArrayInitialize(la,0); int shift,Swing,Swing_n,uzl,i,zu,zd,mv; double LL,HH,BH,BL,NH,NL; double Uzel[10000][3]; string text; // loop from first bar to current bar (with shift=0) Swing_n=0;Swing=0;uzl=0; int barn = from + cbars; BH =High[barn]; BL=Low[barn]; zu=barn; zd=barn; for(shift=barn;shift>=from;shift--) { LL=10000000; HH=-100000000; for(i=shift+Length;i>=shift+1;i--) { if (Low[i]< LL) LL=Low[i]; if (High[i]>HH) HH=High[i]; } if (Low[shift]<LL && High[shift]>HH){ Swing=2; if (Swing_n==1) zu=shift+1; if (Swing_n==-1) zd=shift+1; } else{ if (Low[shift]<LL) Swing=-1; if (High[shift]>HH) Swing=1; } if (Swing!=Swing_n && Swing_n!=0) { if (Swing==2) { Swing=-Swing_n; BH = High[shift]; BL = Low[shift]; } uzl=uzl+1; if(Swing==1) { Uzel[uzl][1]=zd; Uzel[uzl][2]=BL; } if(Swing==-1) { Uzel[uzl][1]=zu; Uzel[uzl][2]=BH; } BH = High[shift]; BL = Low[shift]; } if (Swing==1) { if(High[shift]>=BH) { BH=High[shift]; zu=shift; } } else if(Swing==-1) { if(Low[shift]<=BL) { BL=Low[shift]; zd=shift; } } Swing_n=Swing; } for(i=1;i<=uzl;i++) { mv=StrToInteger(DoubleToStr(Uzel[i][1],0)); zz[mv]=Uzel[i][2]; } //-------------------------------- int dir = 0; int pos[3]; int cpos = 0; int id = 0; for(i=barn; i>=from; i--){ un[i] = 0; if(zz[i]!=0){ pos[cpos] = i; cpos++; if(cpos==3){ un[i] = (MathAbs(zz[pos[2]]-zz[pos[1]])/Point) / // AB (MathAbs(zz[pos[0]]-zz[pos[1]])/Point); // XA double d = get_real_value(un[i],error); if(d!=0){ place_text(DoubleToStr(d,3),(pos[0]+pos[2])/2,(zz[pos[0]]+zz[pos[2]])/2,Crimson); create_line(pos[0],pos[2],Gray,zz[pos[0]],zz[pos[2]],0,STYLE_DASHDOT); } pos[0] = pos[1]; pos[1] = pos[2]; cpos = 2; } } } zz[from] = Close[from]; pos[cpos] = 0; cpos++; if(cpos==3){ un[from] = (MathAbs(zz[pos[2]]-zz[pos[1]])/Point) / // AB (MathAbs(zz[pos[0]]-zz[pos[1]])/Point); // XA d = get_real_value(un[from],error); if(d!=0){ place_text(DoubleToStr(d,3),(pos[0]+pos[2])/2,(zz[pos[0]]+zz[pos[2]])/2,Crimson); create_line(pos[0],pos[2],Gray,zz[pos[0]],zz[pos[2]],0,STYLE_DASHDOT); } } int cp = 0; for(i=from; i<barn; i++){ if(un[i]!=0){ pattern[cp] = un[i]; position[cp] = i; cp++; } } //------------------------------------ return(0); } double get_real_value(double v,double err){ double table[15] = { 0.382,2.240, 0.500,2.000, 0.618,1.618, 0.707,1.414, 0.786,1.270, 0.886,1.129, 3.140,3.618, 2.618 }; for(int i=0;i<15;i++){ if(v>=table[i]-err && v<=table[i]+err){ return (table[i]); } } return (v); }https://c.mql5.com/mql4/forum/2006/10/indicators.zip
Thank you.
It's actually not very difficult, especially with your programming experience. The only thing IMHO - the algorithms that "straighten" the history are not suitable, they simply cannot detect signals of real time and then it is difficult to verify the statistics. If I'm not mistaken, in your PMO there is an indicator that plots swings according to deviation values in points and by regions - it is quite suitable: it doesn't redraw the history and to smooth out "bad effects" allow to introduce tolerance ranges for fibo ratios as it was done in the "harmony trader_06". Actually, you may use the attached one as the base.
Sincerely, Vladislav.
Good luck and good trends.
It's not very difficult, especially with your programming experience. The only thing IMHO - the algorithms that "straighten" the history are not suitable, it is simply impossible to determine the real time signals and then it is difficult to check the statistics. If I'm not mistaken, in your PMO there is an indicator that plots swings according to deviation values in points and by regions - it is quite suitable: it doesn't redraw the history and to smooth out "bad effects" allow to introduce tolerance ranges for fibo ratios as it was done in the "harmony trader_06". Actually, you may use the attached one as the base.
Sincerely, Vladislav.
Good luck and good trends.
1) The zigzag from mt - its errors have been slightly corrected. The mt one has a lot of mistakes.
2) 3) trend indicators
4) - also nothing riches
5) swings...
6) takes data from another timeframe with a heavily corrected mt zigzag.
And what do you mean by "straightens history"?
The tolerance range is set in three ways there. Well that's the details. It's just that there really wasn't a task to automate it. It is now. Here is the idea. We start the indicator according to the "schedule". We set currency pairs to be scanned and timeframes. And the indicator will display in a certain form: on what currency pairs and on what timeframes the patterns were formed (and what kind of patterns) and also where the patterns are formed. The indicator has everything to solve this problem.
Here seems to be something worked out by the indicator on the Jew. As far as I understand it is probably a signal for the fall of the eu or what?
The explanatory picture is taken from here http://www.harmonictrader.com/price_patternsbfly.htm
Some indicators have a reverse pass to remove "extra" swings and this can be done on a given range of bars. Realistically this leads to a change in the indicator readings - other extrema in other places. But it can only be done on history, because it will not be easy to distinguish the situation in real time (so far I have no idea how). The zig-zag built into MT4 also suffers from the same (parameter ExtBackstep). For search of patterns it is not very essential (I mean unnecessary sweeps). Much worse is that after a while the trader may see a different picture than in the real time. But this is IMHO. Perhaps there are algorithms that allow determining the true (false) extremum at the current time (alternatively, there are strategies that allow using these indicators with such properties).
So I am saying that it will not be difficult to automate the search for patterns with your programming experience. The more so because the algorithms there are simple and well described.
Sincerely, Vladislav.
Good luck and good trends.
It is possible to set as a parameter, to show the values as they are, without substitution of the nearest values.