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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hi Oscar, may i have the access to the indicator pls. tqvm
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Hi Oscar, may I have access to load this indicator on my charts? I don't need the script. Thanks!
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CAN I HAVE ACCESS ? THANK YOU
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Can I have access please?
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Oscar118 pplusnum1
@pplusnum1, Yes :)
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pplusnum1 Oscar118
@Oscar118, Thank you.
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Hello Oscar, by chance could I get access to the script please ? Thank in advance!
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Oscar118 brock101
@brock101, Sure, now you have access :)
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hey brother, can i have access please? thanks!
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Oscar118 alancsouza
@alancsouza, Yes, you have access
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