█ OVERVIEW This indicator is a representation of my take on price action based wave cycle theory. The indicator counts the number of confirmed wave cycles, keeps a rolling tally of the average wave length, wave height and frequency, and displays the statistics in a table. The indicator also displays the current wave measurements as an optional feature. █ ...
█ OVERVIEW This indicator automatically draws higher timeframe Fibonacci levels from current peak to current trough or current trough to current peak, depending on where the current wave cycle ends. In the example above I have set the higher timeframe resolution to 1-month and applied it to a daily chart. █ CONCEPTS Green and Red Candles • A green...
█ OVERVIEW This indicator automatically draws Fibonacci levels from current peak to current trough or current trough to current peak, depending on where the current wave cycle ends. █ CONCEPTS Green and Red Candles • A green candle is one that closes with a high price equal to or above the price it opened. • A red candle is one that closes with a...
This script is designed to identify and display the Weis Wave Volume on a chart. The Weis Wave Volume is a volume-based indicator that helps traders analyze market waves, identify trend reversals, and assess the strength of a trend. The script calculates wave volume based on user-defined input parameters, detects price waves, and displays the results as labels on...
This is an open-source Pine script that generates a Supertrend Zone Pivot Point with Zigzag Fib indicator for TradingView. The indicator displays the Supertrend Zone, pivot points, and Fibonacci levels on the chart. One of the unique features of this indicator is that it uses a Zigzag that does not repaint, ensuring accurate high and low points for the pivot...
The Elliott Wave indicator allows users to detect Elliott Wave (EW) impulses as well as corrective segments automatically on the chart. These are detected and displayed serially, allowing users to keep track of the evolution of an impulse or corrective wave. Fibonacci retracements constructed from detected impulse waves are also included. This script...
Hey, Here is another tool that I created. I could not find anything similar. This script is creating a sine wave, based on the given length, amplitude, horizontal vertical offset. After this it plots also nearest harmonics to the base sine wave and draws it on the chart. At the last step it sums up the value for base sine wave with its harmonics. This is a great...
Here is an another outcome of Object Oriented Zigzag and Pattern Ecosystem of Libraries. We already have another implementation of recursive zigzag which makes use of earlier library rzigzag . Here in this example, we make use of similar logic but leverage the new type and method based Zigzag system libraries to derive the indicator. 🎲 Design Overview ...
█ OVERVIEW This indicator displays zigzag based on high and low, which is using user-defined types (UDT) or objects . █ CREDITS LonesomeTheBlue █ FEATURES 1. Label can be resized. 2. Label can be display either short (Eg : HH, LL, H, L, etc) and long (Eg : Higher Low, etc) 3. Color can be customized either contrast color of chart background, trend...
Japanese below / 日本語説明は英文の後にあります。 ------------------------- This indicator that automatically displays Fibonacci from each High & Low based on 3 Zigzags. It's useful for multi-timeframe analysis. For example, Fibonacci calculated from the high and low prices (Zigzag 3 Period=100) of the upper timeframe can be displayed on the lower timeframe. Also, you can set...
##Wave Chart v2## For analyzing Neo-wave theory Plot the market's highs and lows in real-time order. Then connect the highs and lows with a diagonal line. Next, the last plot of one day (or bar) is connected with a straight line to the first plot of the next day (or bar).
Description: The Laguerre Stochastic is similar to a 4-period regular Stochastic, except that a Laguerre transform has been applied for price smoothing. The Laguerre transform is a mathematical technique that allows smooth indicators to be built using small amounts of data. How do I use it? Never use this indicator as standalone trading signal, it should be...
TOTAL:(RSI+TSI) This indicator collects instant data of RSI and TSI oscillators. RSI moves between (0) and (100) values as a moving line, while TSI moves between (-100) and (+100) values as two moving lines. The top value of the sum of these values is graphically; It takes the total value (+300) from RSI (+100), TSI (+100) and (+100). The lowest value of the...
🎲 Overview 🎯 This Zigzag indicator build based on different MA such as EMA/HMA/RMA/SMA, support multi-timeframe setting . you can get customer zigzag indicator by change short/long ma length and high-timeframe config(5m/15m/30m/1h/2h) in any symbol. 🎲 Indicator design logic 🎯 entired logic is simple and code looks complex, I‘ll explain core logic here, code...
Japanese below / 日本語説明は英文の後にあります。 Based on "ZigZag++" indicator by DevLucem. Thanks for the great indicator. ------------------------- This indicator that displays the candle count (bar count) at the peaks of Zigzag . It also displays the price of the peaks. You can easily count candles (bars) from peak to peak. Helpful for candles (bars) in cycle theory. This...
This tool is using for calculating Target Value(N,V,E prices) by only clicking on a chart. There is several points which makes it better. Decrease the number of times of clicking. Calculator needs a reset button, it's like loop structure. Push the reset and function again. Plot percentages which it compare closing price and Target Value(N,V,E prices) on a...
🎲 Concept Zigzag is built based on the price and number of offset bars. But, in this experiment, we build zigzag based on different bands such as Bollinger Band, Keltner Channel and Donchian Channel. The process is simple: 🎯 Derive bands based on input parameters 🎯 High of a bar is considered as pivot high only if the high price is above or equal to upper...
Select a zone to analyse the vectors. This screener show the ratio of the bullish and bearish candle vector and on volume. Slide the white bar to choose your sample size or you can enter the date. Click label to hide start calculation and end calculation. - Happy trading