EXPERIMENTAL: concept for fractal ma. can be used as zigzag as is, intended for hidden S&R extraction(kinda failed :p ).
EXPERIMENTAL: reads the rates for the last top/bottom in a zigzag fractal series, outputs XAB, XAD, ABC, and BCD rates, im interested in earing what your opinion is as im a total noob in harmonics :p. use with Fractals V5 for visual confirmation ;).
small update: added ability to setup stage 2 length period.
update: changes to code, ma's now split over 3 sets fast, medium and slow, removed cloud and sl_lines(no use?), ma's visually display as shapes :p added option to toggle the ma's on/off.
EXPERIMENTAL: previous custom time window median price and current time window open price in a neat package :p
EXPERIMENTAL: this script can be used as a trend follower if bgcolor is active, it can be used to catch extremes and target levels for a pull back to the mean, can be used as support and resistance with the time period open price and extreme. other uses, improvements let me know :p.
Request for chrislig: added 4 out of 5 extreme condition, but added it as a separate plot (blue) as it does trigger much less, let me know if you want it as a filter.
Request for chrislig: added 4 out of 5 extreme condition, but added it as a separate plot (blue) as it does trigger much less, let me know if you want it as a filter.
EXPERIMENTAL: update, added lvl 50 rsi median level.
EXPERIMENTAL: trend and range analysis using dolchian and bollinger channels methodology merged into one, possibly it can be used to extract 3d depth of market :p
EXPERIMENTAL: updated to use security() function and code cleanup.
EXPERIMENTAL: method to draw a zigzag using rsi overbought/oversold levels.
EXPERIMENTAL: Updated version with smoothing options for the rsi's.
EXPERIMENTAL: update to previous version, added a average of the fractal levels and the ability to hide the diferent components.
EXPERIMENTAL: stashed and forgotten :p , forgot to publish this one. untill recently was asked about it because it was used on another script :D usage similar to how to read a rsi.
EXPERIMENTAL: median pivots calculated from open to extremes. original idea from Ivan Labrie.
EXPERIMENTAL: fixed some issues, found some more. doesnt work on unconventional resolutions ex:. 240minutes.
EXPERIMENTAL: theres some issues, like not being able to read sidney's open bar on the start of the week, so use this cautiously :p