naive level forecasting of multiple zigzag's based on this principle:
Multiple Statistics from zigzag: • Price range between swings. • Bar range between swings. returns maximum value, avg value and mean deviation. if you find something missing, please leave a message bellow.
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...
Introduction Making lines is great in technical analysis since it can highlights principal movements and make the analysis of the price easier when using certain methodologies (Elliott Waves, patterns). However most of the indicators making lines (Zig-Zag, simple linear regression) are non causal (repaint), this is the challenge i tried to overcome, making an...
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 constructs dynamic high/low price range levels, based on 3 point fractals. Trend lines are drawn (zigzag style) at fractal points when trend direction is clearly established. This is a lagging indicator: fractals lag by one bar and trend lines can lag by many bars. However, its strength lays in objectively defining historic price action: e.g....
This is a wave counting tool for my methodology with little addition of drawing high low sections of wave reversal as local support / resistance. Please don't contact me for getting access, these tools are only available for my students. The English version of website and learning materials are under development and soon they will be ready. I will announce it...
Based on Rick Santos ' Swing Charts V1 Darvas Box V0.1' However I have migrated script to pine version 3, customized to suite and added a higher number for the trend count
simple example showing how to use na to create straight lines that "repaint" as the latest bars update.
Some people say the ZigZag indicator is the Holy Grail... I think half of this statement is true :) This is an alert friendly ZigZag indicator with MultiTimeframe Capabilities, it will alert you each time the ZigZag plots a new line (Higher Timeframe ZigZags are plotted with respective timeframe offset). Note: The indicator works on higher timeframes (D and...
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. Unlike...
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...
Cut through chart noise with Zig-Zag Bounce! Every time the trend bounces, we show you the highs and lows giving you an incredibly clear overview. Makes it much easier to spot where your Elliott Waves should fit :)
Cut through chart noise with Zig-Zag Bounce! Every time the trend bounces, we show you the highs and lows giving you an incredibly clear overview. Makes it much easier to spot where your Elliott Waves should fit :)