Using previous principles, This setup plots 60 moving averages on the chart. The averages are colored using a normalized oscillation technique (FFT).
To achieve the same display as above, put the same indicator twice and set the 'osx' parameter of one to 0 and the other to 2.
Feel free to play with the 'mul' parameter in ranges between 1-90. Most useful...
Strategy based on my cRSI with motive/corrective wave indicator. Please note that it is far from perfect. I use it mostly to help me identify good entry and exit points when combined with my other technical analysis. It misses some obvious points, but on average it does pretty well. The challenge often is indicating when you have sufficient change in the cRSI to...
This is a 3 EMA visualization tool. Relative momentum across 3 timeframes are rendered as A/B/C waves. Also, helpful in identifying spike/exhaustion bars.
When all the waves are in the same direction, the momentum is very high on that direction. I have made all options configurable, have fun tuning for your instrument :)
Complete list of all my indicators:...
This indicator is based on the Weis Wave described by David H. Weis in his book Trades About to Happen: A Modern Adaptation of the Wyckoff Method, more info how to use this indicator can be found in this video . The Weis Wave is an adaptation of Richard D. Wyckoff’s method Wave Charts. It works in all time periods and can be applied to all asset types.
DGT interpreted version of LazyBear's WaveTrend, visualizing on Price Chart
Original Author : LazyBear
Crosses above or below threshold are emphasized with bigger labels
- crosses above threshold : probable short indications with a bigger label and relativly small label for probable long indications
- crosses below threshold : probable long indications with a...
This is a replica of TTM Wave A B C.
The ABC Waves are comprised of various moving averages and oscillators (MACD) used to visualize the overall strength and direction of a given market across multiple time frames.
The “A Wave” measures short term relative strength and direction of a market, the “C Wave” measures longer term strength and the “B Wave” plots the...
This indicator is based on the Weis Wave described by David H. Weis in his book Trades About to Happen: A Modern Adaptation of the Wyckoff Method, more info how to use this indicator can also be found in this video . The Weis Wave is an adaptation of Richard D. Wyckoff’s method Wave Charts. It works in all time periods and can be applied to all asset types. For...
A series of 28 stochastic oscillators plotted horizontally and stacked vertically from bottom to top as the oscillator background.
Each oscillator has been interpreted and the value has been used to colour the lines in.
Lower lines are shorter term stochastics and higher lines are longer term stochastics.
The average of the 28 stochastics has been taken and...
Script to find entries of Wolfe Wave Point 5 for Pinescript in Tradingview
in my search for a good Wolfe Wave screener I havn't success. This is why I wrote my own script for find good Wolfe Waves entries for Pinescript in Tradingview.
The script calculate the relationsship between wave 4 (point 4 to point 5) and wave 3 (point 3 and point 4) in...
Wave Channel 3D
Built by Ricardo idea from JR & Aloakdutt from indieTrades Jan. 2010
This indicator is very easy to build. We utilize Moving Averages with a set multiplier and an offset. Specially we try to use Fibonacci sequence series numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144...) as time space and multiplier (default 89, 8). Also included is Donchian...
HI BIG PLAYERS,
this script I wrote for an enquiry of a tradingview-user. It should represent the Filtered Waves idea from Arthur Merril and used by Linda Raschke.
It's similar like a visualization of Elliott Waves.
On YouTube title "MTA UK Chapter Presentation with Linda Raschke" between 34-36 minutes Linda Raschke shows the rules for her Filterd Waves.
Easy Wave Tunnel
Wavy Line ;
ema34 3 lines = High, Close , Low
Tunnel Line ;
ema144 , close and ema169, close
5 Rules to use WaveTunnel
1. Wavy Lines and Tunnel Lines are the natural Resistant and Support line.
2. Price above both Wavy & Tunnel = Uptrend , Price below both Wavy & Tunnel = Downtrend
3. Break Wavy Line , price run to Tunnel Line
This indicator is based on my indicator "MAC of BiznesFilosof", but it differs in that it shows three waves. Daily, weekly and monthly wave. Based on the color of these waves, you can easily determine the trend to use the indicator in combination with oscillators.
The main idea of this indicator is ease of use. Although I made it possible to show the corridor in...
This creates a replica of relative distance from the moving averages, a good way to measure the strength, divergences etc.... short, mid and long term waves.
List of All my Indicators - www.tradingview.com
Using RSI and 4 exponential moving averages, I created this indicator so that you can spot inconsistencies between price action and RSI. There's a lot of misunderstanding surrounding RSI, most people think if something's 'oversold' buying is a guarantee win. This definitely isn't the case as there's many more variable to consider. In addition, with this indicator,...
Waves in Price (Volume Waves)
TheDowVolumeBigot>0 (Bullish) =Lime color
Very High=Dark Green color
TheDowVolumeBigot<0 (Bearish) =Orange color
Very Low=Dark Red color