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
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 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...