edgartrader1396

Elliott Wave - Stocks

edgartrader1396 Actualizado   
Elliott Wave, indicating possible waves 2, 3, 4 and 5
Based on my Elliott Wave - Oscillator, this signals are converted into numbers displayed on chart:

Waves2, Waves3, Waves4, Waves5:
- Indicated on Chart with numbers

Fib fan Wave 4 retracement
- Blue, green and red lines for optimum retracement

Probability and target for wave 5
- Plotted when wave 4 is found
- Stays visible in chart
- Target is based on Monthly Fibonnacci
- Probability: If current trend volume is bigger than previous opposite wave trend volume, probability is painted with color of trend background(for a trend to continue, value is recommended bigger than 35)

Projection Wave 4 (if wave 3 detected) and Projection Wave 5(if wave 4 detected)
- Only displayed when waves are active, else not displayed and not saved on chart
- For upside trend 2 blue target lines are displayed based on Monthly Fibonnacci
- For downside trend 2 red target lines are displayed based on Monthly Fibonnacci

Fundamentals: Enterprise Value
- Displayed when financial reports are updated to database
- Also displayed the latest calculated enterprise value with current stock price and last financial report



REMINDER OF OSCILATOR USE:
Waves3: Indicated in RED Line(Upwards) and Green Line(Downwards)
- Detects wave greater than SMA

Waves4: Maximum height indicated in yellow Line
- Detects when wave greater than SMA (Wave 3 or 5) approaches wave 4 regression point

Waves5: Indicated in White Line
- Detects divergence in oscilator and price, meaning end of trend




Appreciate any suggestions, collaboration, comments or ideas.



  • Detects Waves 2, 3 , 4 and 5
  • Fib fan Wave 4 retracement
  • Probability and target for wave 5
  • Projection Wave 4 (if wave 3 detected)
  • Projection Wave 5(if wave 4 detected)
  • Alerts for Waves 2, 3, 4 and 5
  • Fundamentals: Enterprise Value
  • Better and accurate targets for waves based on Stocks
Notas de prensa:
Better and accurate dtection for Fib fan Wave 4 retracement
Notas de prensa:
- Added Fibonnaci Trend Supports/Resistances for detected UpTrends and Downtrends(Red Line Fib and Green Line Fib)
Notas de prensa:
- Better and accurate detection for WAVES 2,3,4 and 5
- Much less graph noise overall

Fundamentals: Enterprise Value
- Calculated based on actual and historical financial data
- Gives a projection at where stock should be
- If stock is in its range, triangles are diplayed
- If stock is not in range, displays the projection
Notas de prensa:
Resolved error of indicator not working with some stocks for the financial data.
Script que requiere invitación

El acceso a este script está restringido a los usuarios autorizados por el autor y, por regla general, es de pago. Puede añadirlo a sus favoritos, pero solo podrá usarlo si solicita permiso al autor y éste le autoriza. Póngase en contacto con edgartrader1396 para obtener más información o siga las siguientes instrucciones del autor.

TradingView recomienda no comprar ni utilizar un script si su autor no le ofrece total confianza o cuando no entienda cómo funciona. En muchos casos, puede encontrar una buena alternativa de código abierto de forma gratuita en nuestros Scripts de la comunidad.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.

Instrucciones del autor

El autor de este script ya no puede otorgar acceso al mismo. Rogamos que no solicite el acceso.

¿Quiere utilizar este script en un gráfico?

Advertencia: Por favor, consulte antes de solicitar acceso.