It uses Elliott teory to shift two moving averages 8 positions (based on 5-3 fractal), and the crossing is close to reversions. And it keeps an eye on RSI level to be sure it is on hot level to sell/buy
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...
ZigZag Based on price oscilation.
added pattern recognition, also added recognition of head and shoulders and contracting/expanding triangles to previous list of patterns :p
Use Alt Timeframe: enables optional timeframes, use higher timeframes to reduce noise.
Timeframe: said Alt Timeframe.
Show Patterns: toggles Pattern Recognition on.
This implements the Even Better Sinewave indicator as described in the book Cycle Analysis for Traders by John F. Ehlers.
In the example I used 36 as the cycle to be analyzed and a second cycle with a shorter period, 9, the larger period tells where the dominant cycle is heading, and the faster cycle signals entry/exit points and reversals.
Super cloud strategy for up and down place.
VENDER AQUI = Sell here
COMPRAR AQUI = Buy here
Change the settings for a one-minute graph to a 15-minute timeframe. And so on. Always smaller chart and higher timeframe cloud. Code is remake. Thank
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...
Making lines is great in technical analysis since it can highlights principal movements and make the analysis of the price easier when using certain methodologies (Elliott Waves, patterns).
However most of the indicators making lines (Zig-Zag, simple linear regression) are non causal (repaint), this is the challenge i tried to overcome, making an...
Based on my "Renko Reversal Alert".
Will open a long trade and close all short trades, if there is a bullish renko reversal.
Will open a short trade and close all long trades, if there is a bearish renko reversal.