Oscar118

OJLJ Elliott Waves Detector

This script is made to identify Elliot Waves by setting a zigzag line as principal source, it identifies patterns with the most common rules, in the chart you will see a number in each wave detected, a wave could have the characteristics to be two different waves so it will be plotted the options that could be, To identify which one is most trustable I suggest to use the Fibonacci levels options.

Features:
+ All waves ? (Option to show just the 5 Wave patterns recognition)
+ Draw zigzag line (Option to show the zigzag line)
+ Supports Multiple instruments, from FOREX to Stocks
+ It works on all the timeframes
+ Show Fib levels (Option to show the Fibonacci levels)
+ Fibonacci levels fit test (Green crosses mark were should a Bull wave be to fit with a Fibonacci Level While the purple crosses show were should the wave fit to be a bear trend, the more closer with the point of the wave the most trustable Example, a 5 Wave Bull could also be a 2 Bear Wave, if the green cross is closer to the orange point of the wave then is a 5 Wave Bull, if the purple cross is closer to the orange point)
+ A background color also show when a 5 pattern is identified
+ The way to plot the zigzag can be changed with 3 Input options


Characteristics to add in future updates:
+ Detect more than 1 cycle at the same time
+ Use a volume indicator to identify how many volume was traded in each wave
+ Implement the use of the EWO ( Elliot Wave Oscillator)
+ Improve the display
+ Identify ABC patterns
+ Add triangles and Zigzag formations

To have access to this script please send me a message ;D
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Comentarios

hi can you give me access
+7 Responder
Oscar118 sbhassan
@sbhassan, Yes :D
Responder
Oscar118 sbhassan
@sbhassan, Sure you have acces now :)
Responder
hi, can i have access to use the script?
+2 Responder
please give me access
+1 Responder
Hi Oscar. Nice job! Could you give me an access to this indicator? Tks a lot!
+1 Responder
HI ..CAN U GIVE ME ACCESS
+1 Responder
pleases sir access
+1 Responder
Oscar118 soulstar
@soulstar, Yes sir :D
Responder
can i have access please
+1 Responder
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