This script will automatically plot Wolfe Waves. Entry candles are labeled "Entry." This script is in beta, so there are some limitations as follows:
- Currently only plots BULLISH Wolfe Waves (bearish to come in a future update)
- Only shows Wolfe Waves that are within the last 100-150 bars
- Only shows one Wolfe Wave at a time
- Will delete the Wolfe Wave once wave 1 is more than 100-150 bars ago. You can use the drawing tools to draw over the wave to save it forever.
- Currently only plots BULLISH Wolfe Waves (bearish to come in a future update)
- Only shows Wolfe Waves that are within the last 100-150 bars
- Only shows one Wolfe Wave at a time
- Will delete the Wolfe Wave once wave 1 is more than 100-150 bars ago. You can use the drawing tools to draw over the wave to save it forever.
הערות שחרור:
1.1
- Added a stoploss line (low of wave 5)
- Added alerts for: entry, resistance (2-4 trendline), and target (1-4 dotted trendline)
הערות שחרור:
Fixed an issue where entry alert was 1 candle late
הערות שחרור:
Added BEARISH Wolfe Waves :)
הערות שחרור:
Added the ability to customize the Wolfe Wave length (default is 13). As of version 1.4, the script is no longer in beta.
הערות שחרור:
1.5 - Entry signals are now bigger to help distinguish from wave labels, made the target line easier to see, and added the ability to customize the target line color
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Discord: discord.gg/b2s56tmVgC
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Youtube: youtube.com/@TOS_OPTION
Website: www.tosoption.com
Discord: discord.gg/b2s56tmVgC
Free Checklist: subscribepage.io/gap_reversal_checklist
Youtube: youtube.com/@TOS_OPTION
Website: www.tosoption.com