Elliot Wave Oscillator — Indicator by koryu

EWO Indicator, helps to indentify waves

Similar like LazyBear's Indicator: ElliotWave Oscillator

I extended and changed the following:

Allow custom SMA interval default 5 and 35. Dont use EMAs
Choose input source: default close, f.e. use HL2
Show difference of SMAs in percent based on current candle default "true", this is very useful for historical charts

Release Notes:

fixed typo... Ralph Nelson Elliott

Release Notes:

seems like renaming not possible yet

Release Notes:

Update to Version 5

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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