cloe V X.0 triple wave trend with trend This script is based on the lazybears wavetrend script
with a extra useful ema
the third ema is based on the last 200 periods and show how the trend is going in the time
- When the original wave cross the third ema it's means that we can continue long or short
- When the third ema stretchs below or up the 0 line it means that the current pair is oversell or overbought but in a large period of time so we can decide if we continue long or short
5-WAVE
WaveTrend [LazyBear] vX by DGTDGT 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 bigger label and relativly small label for probable short indications
All rest crosses within threshold boundaries with relatively small labels for both long and short probable indications
[HWVZ] Hiubris WeisVolume ZigZagThis script follows the Zig Zag pattern of price movement, based on the Weis Wave Volume indicator.
The Weis Wave Volume shows the cumulative volume from the lowest point of the price swing to the highest point (or vice versa)
The user has the option to change the Trend Detection Length of the indicator to adjust the swings frequency (from say 5 to any value above or below)
The user has the option to display Support & Resistance lines based on those turning points
The user has the option to display Info Labels for each swing
The user has the option to change the Weis Wave Volume Timeframe
*This is a Tradingview interpretation of the Weis Wave Plugin
Wave Trend Strategy [LazyBear] & SqueezeThis strategy is a port of famous script Wave Trend Oscillator with a plus: squeeze indicator (LazyBear).
@author LazyBear
Original study from LazyBear
Scope of this port is to identify corrects inputs to get best results from signals that indicator gives.
The squeeze gives a further filter before orders and avoid to enter in a flat market period.
I attached it to chart with heikin ashi candles to have a better result and remove noise: results are good.
Please use comment section for any feedback.
Next improvement (only to whom is interested to this script and follows me): study with alerts on multiple tickers all at one. Leave a comment if you want to have access to study.
********************************** IMPORTANT*******************************
I have developed an expert advisor for metatrader4 (MT4): results of expert advisor form 2015-01-01 to 2018-11-25 are very good with low drawdown and good profit.
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Wave Trend With Signals [ChuckBanger]A wave trend script based on LazyBears script but with added signals and a histogram...
Wave Ribbon [ChuckBanger]This is a very easy script to build. Indicators like this can be very nice to use to spot trends. I just wanted to share it if someone to trade with it or wants to build on it further. The oscillator is my TRIX script:
Kaufman AMA Binary Wave [ChuckBanger]This is Kaufman AMA Binary Wave with buy and sell zones. It’s pretty simple: when the line is over zero = buy zone, below zero = sell, at zero = neutral. You can experiment with the filter and length settings to suit your environment.
WolfeWaves SCANNER V2 - Market Scanner for Wolfe Wave Pattern
HI BIG PLAYERS AROUND THE WORLD,
this script allow to find Wolfe Wave Pattern in any market at the same time. One indicator can scan 6 markets/symbols - what ever you choose. For more markets you have to take the indicator more then once in your chart (look on my posting chart above).
Parallel the indicator gives signals as soon as Wolfe Waves are near finish pattern on point 5. In the default settings, the signals are displayed with a blue background on the chart. The markets with Wolfe Waves can you then read on the label in your chart.
The timeframe you currently has open is also the timeframe where the market scanner analyze the other markets / symbols in the background.
WolfeWaves SCANNER V2 is offered for sale. More information can be found below in the signature.
However, anyone can test this indicator for once without any registration in a 3 day trial. You can request access with a simple message to me.
Another trial of 7 days is included in the offer on my website - before the first payment will done.
When testing, please check whether your system requirements are sufficient. The many labels require a lot of memory from your computer.
For more great indicators everyone is invited to follow me on TradingView.
Kind regards
NXT2017
WolfeWaves_ULTRA V2 - Wolfe Wave auto lines drawing incl. SignalHI BIG PLAYERS AROUND THE WORLD,
this script allow to draw automatically lines of Wolfe Wave pattern.
Parallel to the automatic drawing, the indicator can give signals as soon as the 5 point of the Wolfe wave is immediately reached or has been reached. This allows the indicator WolfeWaves_ULTRA V2 to give early signals. In the default settings, the signals are displayed with a blue background on the chart.
WolfeWaves_ULTRA V2 is offered for sale. More information can be found below in the signature.
However, anyone can test this indicator for once without any registration in a 3 day trial. You can request access with a simple message to me.
Another trial of 7 days is included in the offer on my website - before the first payment will done.
In the settings it is possible to change the degree of details. This is sometimes necessary because TradingView limited only 55 lines per indicator in Pinescript Version 4.
In extreme cases it is therefore possible to change the settings that the Wolfe Wave pattern represent waves only from 3 lines. This allows the indicator to detect far more wolf waves on the same chart.
For more great indicators everyone is invited to follow me on TradingView.
Kind regards
NXT2017
MarCipher | Buy/sell signals including VWAP, RSI and Stoch RSI.//Based on many different scripts
The script can be used on every timeframe.
How to use it?
- First check whether the bar (below the waves) is green (which means there is a lot of buying recently), in that case we are looking for a long option. If it is red (ofcourse) we are looking for a short option.
- The green dots below the blue waves represent a buy signal and if the blue wave is oversold (below 60) the green dot is considered a BIG buy signal (more probability of a good trade). The big buy signals are also plotted on the horizontal bar. So a green dot on the bar while the bar is also green represents a buy signal. You can exit the long when a red dot appears in the blue wave above the zero line.
- Another way to use it is to look for divergence of the blue waves. When a blue wave below the zero line appears and then a new wave (some time later) appears which is smaller than the previous, this is considered a good entry point for a long.
- The yellow represents the VWAP (which can be used as a confirmation (crossing up means buying, crossing down means selling)
The RSI is also added (yellow line) oscillating between 100 and 200 (is moved up by 100).
The Stoch RSI is also added (blue and red lines) on the same interval as the RSI.
For improvements, ideas or questions, please don't hesitate to leave a message.
MTF Even Better Sine Wave - Dr. John EhlersThis is my enhanced "MTF Even Better Sine Wave" indicator using Pine Script version 4.0. This originates from the book "Cycle Analytics for Traders" written by Dr. John Ehlers in Chapter 12. While the original was simplistically designed, I enhanced it by adding a multitude of features Pine Script now accommodates.
Most noticeably is the multiple time frame (MTF) features in the indicator "Settings". The three displayed indicators are using 5 second, 30 second, and 7 minute time frames. This may be the first PSv4.0 script to accommodate seconds in MTF adequately, but don't quote me on that. I haven't spent hours extensively looking for them. Be forewarned, second-based time frames are currently for Premium subscribers only, until such time in the future when the prerogative of TV might change. I will be adding second-based time frames to my other indicators where I feel it is beneficial to the indicator.
Unlike Dr. John Ehlers' other Sinewave indicator that is intended for identifying turning points in cycling price fluctuations, the "Even Better Sine Wave", having stochastic like qualities, is intended for trending assets.
Features List Includes:
I.P.O.C.S.(Initial Public Offering Clean Start) Technology
Enable/disable dark background for enhanced visibility
"Source" selection with multiple time frame adjustments - including seconds
"Duration" adjustment
"Super Smoother BandEdge" adjustment
"Display Area" selection for visual mutations displayed above
Ranges and thresholds are enable/disable capable
Upper threshold adjustment
Lower threshold adjustment
Adjustable centered medial zone
Normalized zero mean to +/-1
This is not a freely available indicator, FYI. To witness my Pine poetry in action, properly negotiated requests for unlimited access, per indicator, may ONLY be obtained by direct contact with me using TV's "Private Chats" or by "Message" hidden in my member name above. The comments section below is solely just for commenting and other remarks, ideas, compliments, etc... regarding only this indicator, not others. If you do have any questions or comments regarding this indicator, I will consider your inquiries, thoughts, and concepts presented below in the comments section, when time provides it. When my indicators achieve more prevalent use by TV members, I will implement more ideas when they present themselves as worthy additions. As always, "Like" it if you simply just like it with a proper thumbs up, and also return to my scripts list occasionally for additional postings. Have a profitable future everyone!
Liens wavetrend with rsi and emaWavetrend with rsi and ema. I would use the rsi and ema on high timeframes like the 4 hour to exit trades when it crosses.
Rsi and ema crosses can also be used to enter without divergence.
Test it out, try it on different TF. Enjoy :-)
CryptoWave Pro v2CryptoWave Pro v2 delivers the same great wave algorithm as the previous version, but offers more customisation options to allow power users to fine tune every last piece of the puzzle.
In addition to the wave you'll now see the following :
Yellow line = RSI
Red and Green lines (above and below the waves dots) = RSI OB and OS
White lines + labels = Wave Divergence indicator - Showing Regular and Hidden divergences
Coloured Bar at bottom = Money Flow - Bright Red = OS, Bright Green = OB
Super clean and easy to read at a glance, CryptoWave Pro v2 is the upgrade you've been waiting for!
R100 Wave Volume v2 (*v*)This indicator is similar to the Weis Wave Volume indicator in that it shows cumulative volume for each up and down price wave. However it is calculated differently, using the Jurik moving average to determine turning points. Use this in conjunction with the R100 Wave indicator to determine the best fit Jurik length and power settings.
A great indicator to help analyse the strength of pullbacks, continuation moves and changes in behaviour.
I hope you get some value out of it. Only conditions of use are that if you improve it, let me know and if you publish something that uses it, don't hide the code! Enjoy!
Code pinched and modified from Zero Lag ZigZag by Duyck - thankyou
Jurik Moving Average (for turning points) by Everget - thankyou
and Weis Wave by Modhelius - thankyou
R100 Wave v2 (*v*)This is a Wave (or Zig Zag) indicator I made to use in conjunction with the Wave Volume indicator I use.
It uses the Jurik moving average to determine turning points, and will plot the tops and bottoms of the wave based on the most recent high- so you can also use to quickly find pivot highs and lows. If you are using with the R100 Wave Volume indicator, first adjust the wave to fit better (if required) using the Jurik length and/or power, and then use the same settings on the Wave Volume indicator. Default settings work pretty well for most stocks, but adjusting the length between 8 and 14 should be enough for a good fit, or adjust the power between 1 and 3, or get fussy and tweak it with both.
The Jurik MA has been modified to include a VWAP component, so will only work where you have volume. The last "leg" of the wave will move about until the next pivot high or low is found and then will remain fixed.
I hope you find some value with it. Only conditions of use are that if you improve it, let me know and if you publish something that uses it, don't hide the code! Enjoy!
Code pinched and modified from Zero Lag ZigZag by Duyck - thankyou
Jurik Moving Average (for turning points) by Everget - thankyou
and Weis Wave by Modhelius - thankyou
[djt] wv2Display volume totals of each wave of movement. With this you can generally determine when a trend is weakening by lesser relative wave volume in the trend direction whilst increasing volume in the reverse direction.
You can also identify absorption based on high volume waves with less wave distance.
Currently limited to around 50 wave counts per chart due to tradingview limits.
For best results, work through timeframes in the structure you're looking at to obtain the clearest vision of the directional waves.
(JS) TTM WaveThis is my recreation of the TTM Wave indicator, tried to make it visually appealing - hope you all put it to good use!
⚛WPZO - Wave Period Zone Oscillator by Cryptorhythms⚛WPZO - Wave Period Zone Oscillator by Cryptorhythms
Intro
Based upon Akram El Sherbini's article "Time Cycle Oscillators" published in IFTA journal 2018.
Companion indicator to the Wave Period Oscillator, this is simply a transformation to display in a familiar manner like an RSI. Occasionally WPO can exceed the upper and lower boundary lines in strong moves. With WPZO, it will never go below -80 or above +80.
Description
In the Authors words....
"The wave period zone oscillator (WPZO) is a bounded oscillator for the wave period oscillator (WPO) and calculates the period of the market’s cycle. In other words, the wave period refers to the time taken by buyers or sellers to complete one cycle. The oscillator moves within a range of -100 to 100 percent.
The WPZO has overbought and oversold levels at +40 and -40 respectively. At extreme periods, the oscillator may reach the levels of +60 and -60. The zero level demonstrates an equilibrium between the periods of bulls and bears. The WPZO oscillates between +40 and -40. The crossover at those levels creates buy and sell signals. In an uptrend, the WPZO fluctuates between 0 and +40 where the bulls are controlling the market.
On the contrary, the WPZO fluctuates between 0 and -40 during downtrends where the bears control the market. Reaching the extreme level of -60 in an uptrend is a sign of weakness. Mostly, the oscillator will retrace from its centerline rather than the upper boundary of +40. On the other hand, reaching +60 in a downtrend is a sign of strength, and the oscillator will not be able to reach its lower boundary of -40.
During an ideal uptrend, the WPZO does not reach the lower boundary of -40 and usually rebounds from a higher level than -40. This means that the bulls have taken control earlier. Hence, a zeroline crossover generates a buy signal. The WPZO crosses the upper boundary at +40, then pulls back again below +40 to generate a sell signal. During sideways, the WPZO fluctuates between the lower and upper boundaries of -40 and +40. This tactic is also used in an uptrend where corrections are strong enough to drive the WPZO line below the lower boundary. During downtrends, the WPZO fails to reach the upper boundary and oscillates between the 0 and -40 levels.
The bears enter early, indicating an obvious weakness in the market. Therefore, crossing the zero level generates a sell signal. The exit at weakness tactic is used during uptrend reversals and downtrends. The WPZO oscillates between the centerline and the lower boundary of -40. The bears are controlling the market and move in wide cycle periods, while the bull’s strength is almost absent. An exit signal is triggered once the WPZO crosses -40. When prices decline, the WPZO may cross its extreme lower boundary at -60. Therefore, a swift exit signal is triggered once the WPZO crosses -40.
The WPZO gives an insight about the relation between time and price movements. In this article, we used the oscillator to differentiate between the time taken by bulls and bears to complete one cycle. Due to the boundaries effect, the WPZO may diverge less than the WPO with prices."
TL:DR
More strategy discussed above, but heres the short version:
Bullish signals are generated when WPZO crosses over 0
Bearish signals are generated when WPZO crosses under 0
OverBought level is 40
OverSold level is -40
ExtremeOB level is 60
ExtremeOS level is -60
👍 Enjoying this indicator or find it useful? Please give me a like and follow! I post crypto analysis, price action strategies and free indicators regularly.
💬 Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isn't open only to subscribers - everyone is welcome to join.
For Trialers & Chat: t.me
⚛WPO - Wave Period Oscillator by Cryptorhythms⚛WPO - Wave Period Oscillator by Cryptorhythms
Intro
The indicator is based on Akram El Sherbini's article "Time Cycle Oscillators" published in IFTA journal 2018. The third in a series of 4 time cycle indicators I will be publishing.
The WPO is a short-term oscillator that measures the buying and selling period of price cycles over a certain time interval. The leading oscillator indicates a rise in buying period when it moves above the zero line and a rise in selling period when it moves below the zero line.
Description
Centerline Crossover: A bullish centerline crossover occurs when the WPO line moves above the zero level to turn positive. A bearish centerline crossover occurs when the WPO line moves below the zero level to turn negative. When bulls are in control, the price rally begins and the average of the bull’s period T increases to drive the WPO line above the centerline. A buy signal is subsequently triggered. When the bulls start to loose power, prices move sideways and the average period decreases. In this case, the WPO line may flutter near the centerline and cause false signals, whipsaws. To avoid the whipsaws occurring on the centerline, the following trading tactics are proposed.
TL:DR
Bullish signals are generated when WPO crosses over 0
Bearish signals are generated when WPO crosses under 0
OverBought level is 2
OverSold level is -2
ExtremeOB level is 2.7
ExtremeOS level is -2.7
👍 Enjoying this indicator or find it useful? Please give me a like and follow! I post crypto analysis, price action strategies and free indicators regularly.
💬 Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isn't open only to subscribers - everyone is welcome to join.
For Trialers & Chat: t.me
Simple Square Wave GeneratorThe title pretty much sums up what purpose this tool serves. It is NOT an indicator, just a simple square wave generator. I built this from scratch to test transient responses of filters I have devised to visually inspect the performance of smoothers, moving averages, lag, etc... I'm not sure if anyone may find it useful, but I figured you might be able to source the square wave TO another indicator as long as your indicator/filter you have has: price = input(close, "Source", source), plot(yourMovingAverageOrFilter(price, integerFromInput)). Look for the lowest "SSqWG" in your source selection. I coupled the built-in CCI and RSI to show how it's easily possible. Features include a "Wave Length (Bars)" setting in the "Format" panel, the square wave phase is shift-able to the left and the right, and there is also an amplitude adjustment as well. Let me know if you have any ideas on how you may personally use this if you wish to elaborate briefly. I would like to thank the entire TV development team for making the "Apply Indicator to" feature. That's some really cool tech for tethering indicator windows together, so we can now Frankenstein our scripts together while inspecting the different wave form results in separate windows. That's some revolutionary thinking, awesome job Tradingview DEV team!
LazyBear's Wave Trend Strategy by SDMFHello.
This is a strategy using the Lazy Bears Wave Trend indicator which he was so nice to release for free.
I heavily modified it and added a huge amount of options for the indicator as well as for the strategy.
Unfortunately it's locked with a passcode for now so my friends can use it
The results above are nit picked for oil 15 minute chart.
using 40% of our equity per trade on 50x leverage.
these are not 100% realistic altho shouldn't be too far from the truth.
Have not tried it on crypto.
Script is in Beta version and will get upgraded plenty in the near future.
Elliott wave strategy (lirshah)Elliott wave strategy has been written based on Elliott oscillator.
the strategy has good results on crypto pair at H1 time frame..