THIS CODE IS BASED FROM THE MT4 ZIGZAG INDICATOR
THE ZIGZAG SETTINGS FOR THE MAIN ONE ON TRADINGVIEW DO NOT WORK THE SAME AS MT4
I HOPE U LOVE IT
I have had tons of experience on the ZIGZAG indicator and thought this might help someone.
Enjoy this code. Zigzag is a good indicator in many ways and people underestimate it because of its repainting
First of all, I'd like to thank Ricardo Santos, Backtest Rookies for the inspiration for this script.
Actually, most of it is coming from them and I only mixed them up (and added my secret sauce ^^). If some of you are not thinking about a trading secret sauce, please get serious for a moment :)
Some of you asked me how I do to set the trend...
• Zig Zag indicator plots points on the chart whenever prices reverse
by a percentage greater than a pre-chosen variable.
• Forecasts area based on zigzag statistics.
• Displays labels with detected patterns.
• Displays slope information rate of price, time diferentials and angle(experimental)
A gift from me to all.
This script is developed to find Divergences for many indicators. it analyses divergences and then draws line on the graph. red for negatif, lime for positive divergences.
Currently script checks divergence for RSI, MACD, MACD Histogram, Stochastic, CCI, Momentum, OBV, Diosc, VWMACD and CMF indicators. You can use some or all of these...
This indicator is based on the Weis Wave described by David H. Weis in his book Trades About to Happen: A Modern Adaptation of the Wyckoff Method, more info how to use this indicator can also be found in this video. The Weis Wave is an adaptation of Richard D. Wyckoff’s method Wave Charts. It works in all time periods and can be applied to all asset types. For...
The built-in implementation of the alligator is incorrect. It uses SMA with altered input parameters to approximate the true alligator indicator.
The alligator was created with a supercomputer to model the elliott wave - it's very apart from other MA techniques. The built-in approximation (and similar techniques) and the true alligator yield very different...
WARNING: this strategy repaints after reloading and results are heavily curve fitted, use at your own discretion.
UPDATE: (AleksanderThor) add option for a 2nd target, to use you need to activate pyramiding with a setting of 1 manually (not possible to change programatically) .
Script to find entries of Wolfe Wave Point 5 for Pinescript in Tradingview
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...
This is a MACD divergence on 3 time-frames, 1h, 4h and 1D.
Please insert the indicator into a 1h chart, otherwise change the lengths' inputs.
you will see H1,H2, H3, R1, R2 and R3 in green and maroon colors.
H means hidden divergence, 1 regards to 1h, 2 to 4h, and 3 to 1D. If the color is green, its bullish, and if its maroon the divergence is bearish.
This is a alternative version of the well known "ZigZag indicator" but it uses turning points of the Jurik ma
instead of the traditional "pivot points" that are by definition lagging by a large lookback period, the (almost-) Zero Lag ZigZag lags by about 2 bars on average (depending on the candles forming)
The ZigZag pattern can be used to draw trendlines and S/R...
This indicator is based on the Weis Wave described by David H. Weis in his book Trades About to Happen: A Modern Adaptation of the Wyckoff Method, more info how to use this indicator can be found in this video. The Weis Wave is an adaptation of Richard D. Wyckoff’s method Wave Charts. It works in all time periods and can be applied to all asset types.