OPEN-SOURCE SCRIPT
Wolfe Waves Signals [NXT2017] by the rules of Bill Wolfe

Script to find entries of Wolfe Wave Point 5 for Pinescript in Tradingview
Dear followers,
in my search for a good Wolfe Wave screener I havn't success. This is why I wrote my own script for find good Wolfe Waves entries for Pinescript in Tradingview.
The script calculate the relationsship between wave 4 (point 4 to point 5) and wave 3 (point 3 and point 4) in combination with the relationsship of wave 3 and wave 2 (point 2 to point 3). The first relationship should like the rules be 127.2 % and the second relationship 68.2% - but not every pattern join in this rule. This is why I give a little room to move around this values.
In one hand the higher the green peak, the longer and stronger the wave for buysetup and on the other hand the lower the red Peak, the longer and stronger the wave for sellsetup.
My skills didn't sufficient for show the lines of Wolfe Waves. If you have a modified version with lines with EPA and ETA Points, so please be so Kind to inform me.
Of course, not every signal is a good signal, so look to the rules of Bill Wolfe and on a perfect pattern be active.
At least I wish everyone a good tradingtime.
Dear followers,
in my search for a good Wolfe Wave screener I havn't success. This is why I wrote my own script for find good Wolfe Waves entries for Pinescript in Tradingview.
The script calculate the relationsship between wave 4 (point 4 to point 5) and wave 3 (point 3 and point 4) in combination with the relationsship of wave 3 and wave 2 (point 2 to point 3). The first relationship should like the rules be 127.2 % and the second relationship 68.2% - but not every pattern join in this rule. This is why I give a little room to move around this values.
In one hand the higher the green peak, the longer and stronger the wave for buysetup and on the other hand the lower the red Peak, the longer and stronger the wave for sellsetup.
My skills didn't sufficient for show the lines of Wolfe Waves. If you have a modified version with lines with EPA and ETA Points, so please be so Kind to inform me.
Of course, not every signal is a good signal, so look to the rules of Bill Wolfe and on a perfect pattern be active.
At least I wish everyone a good tradingtime.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
🐺 Wolfe Wave AutoPattern: nxt2017.com/ww
🎯 Elliott Wave Auto Counting: nxt2017.com/ew
💥 Impulse Scalper: nxt2017.com/im
📈 Cheapest Entry: nxt2017.com/pi
Discount Coupon:
nxtcoupon20 for -20%
🎯 Elliott Wave Auto Counting: nxt2017.com/ew
💥 Impulse Scalper: nxt2017.com/im
📈 Cheapest Entry: nxt2017.com/pi
Discount Coupon:
nxtcoupon20 for -20%
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.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
🐺 Wolfe Wave AutoPattern: nxt2017.com/ww
🎯 Elliott Wave Auto Counting: nxt2017.com/ew
💥 Impulse Scalper: nxt2017.com/im
📈 Cheapest Entry: nxt2017.com/pi
Discount Coupon:
nxtcoupon20 for -20%
🎯 Elliott Wave Auto Counting: nxt2017.com/ew
💥 Impulse Scalper: nxt2017.com/im
📈 Cheapest Entry: nxt2017.com/pi
Discount Coupon:
nxtcoupon20 for -20%
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.