Cari dalam skrip untuk "wave"
Fibonacci EMA Wave 13 21 34 55 89 1446 Fibonacci EMAs in one indicator!
Fibonacci EMA Wave / 13 21 34 55 89 144 EMAs
by StokedStocks
Fibonacci numbers are the numbers in the following integer sequence, called the Fibonacci sequence, and characterized by the fact that every number after the first two is the sum of the two preceding ones Example
1 , 1 , 2 , 3 , 5 , 8 ..13 21 34 55 89 144
HLC3_ZThis indicator uses a single price point for each session (HLC3 by default) to draw waves.
This helps to filter out small or high frequency fluctuation in the price, and focus on the trend.
There are also options to display cumulative volume for each wave, or to overlay the price source to draw the wave on the chart.
I find using this indicator helps with finding the wave structures or the head or bottom structures such as head-and-shoulder.
WaveMasterThis indicator created with combination of 2 different indicator, momentum and Inchimoku Kinko Hyo.
It replicates the result of Moving Average(5) added to RSI indicator window to identify the end of a trend and reversal,
under strict condition and unique application on mobile phone.
But with more accuracy and reduced false signals.
Tested markets: DOWJONES/US30, S&P500, CURRENCY, Commodities: GOLD, BRENT & WTI.
For Intraday & Swing Trader.
How to use:
Two key signal levels, Overbought / Oversold level.
1. When the line touch Overbought level, go Short.
2. When the line touch Oversold level, go Long.
Timeframe: M5, H1 & H4
**After the line cross the signal level. You can wait for more confirmation such
ABC pattern, engulfing or additional MA crossing.
When to execute entry?
For example: So when line touch the signal level lets say it a Long signal, wait for ABC pattern, when you saw a complete wave of A and it making wave B,
use Fibonacci Retracement from the first point (B)(High) to second point (A)(Low), set BUY LIMIT at 50% of Fibonacci Retracement level for smaller risk, or wait for
wave C to break above the HIGH of wave B at 100% of Fibonacci Retracement level to instantly BUY at current price to confirm the ABC pattern.
When to exit your position?
1) Exit your trade when the line touch Overbought level, indicates the bullish is weakens.
2) Exit your trade when the price touch Fibonacci Retracement level of point B to A,
at these 3 level 161.8% / 261.8% / 423.6% (Take Profit level)
HTF Anchor DotsHigh Time Frame Anchor Dots is designed for traders who use the 15m or 1H chart and want a clear visual of higher-timeframe momentum conditions without constantly switching timeframes. The script builds on the Wave Anchor Indicator concept and is intended to complement the TP Mint Trading Strategy.
Using the momentum waves (similar to VuManChu Cipher B / Market Cipher B), the script identifies “anchor” states on higher timeframes (1H, 4H, Daily) and plots colored dots on your current chart:
• Yellow Dots: TP1 timeframe is anchored (overbought/oversold)
• Red Dots: TP2 timeframe is anchored (overbought/oversold)
• Orange Dots: Both TP1 and TP2 timeframes are simultaneously anchored, indicating a significant confluence.
Dots above the price indicate overbought anchors; dots below indicate oversold anchors. Because the indicator checks these conditions at the close of your entry timeframe candles, you may occasionally see a dot even though the higher-timeframe candle later closes out of anchor. Remember, this indicator offers no direct entry signals; it merely highlights potential confluence or caution zones.
Why Use It?
- Quickly assess if momentum on higher timeframes is stretched in one direction.
- Avoid entering a new position when a higher timeframe has just hit a potential turning point.
- Spot patterns in anchor dot clusters that can refine your trading entries or exits.
If you have questions or suggestions, feel free to share them! The script is open to improvements, and I appreciate all feedback. As with any indicator, this tool is not guaranteed to be an accurate prediction of future price action. Most successful traders combine indicators with sound risk management practices and their own personal analysis.
WaveTrendThis is a trend Analysis indicator request by Taleeto
To fully use this script, you will need a security key from him.
It alerts you when to buy or sell based on the market conditions
Wave Analyzer - Bobal [hamgkia]The Bobal tool is a volume-based wave analyzer designed to highlight the effort behind price movement within trend waves. It is built with a focus on clarity, speed of response, and a Wyckoff-inspired philosophy, where volume and trend direction are deeply intertwined.
This script offers a unique visualization of directional volume flow — up or down — in clearly segmented waves, allowing traders to assess who is in control and how strong their effort is. It does this by calculating dynamic trend waves, accumulating volume within those waves, and comparing volume to volatility for normalization.
🔶 WHAT'S INCLUDED
Detects directional waves based on your selected moving average (SMA, EMA, WMA, or HMA).
Accumulates volume within each wave, creating a distinct "volume block" per wave.
Normalizes volume by ATR (optional) to adjust for current market volatility.
Applies a power function to volume strength for dynamic contrast (stronger waves stand out visually).
Plots volume histograms in real-time: green/orange for up waves, red/fuchsia for down waves.
Optional - displays trend strength background based on recent price expansion vs ATR.
🔷 HOW IT WORKS
Wave Definition
A wave is defined as a sequence of bars moving in the same direction based on a selected moving average:
If the MA rises → uptrend wave
If the MA falls → downtrend wave
Wave resets on direction change.
Volume Accumulation
Volume is accumulated within each wave, starting fresh at the beginning of each new wave. This clean segmentation reveals whether the current wave is attracting participation (volume).
Normalization (Optional)
Volume can be normalized by the ATR (Average True Range) to account for volatility differences across symbols and timeframes. This makes comparisons more meaningful.
Strength Calculation
Volume strength is calculated by comparing current wave volume to the maximum over a recent period (default: 50 bars), and applying a pow() function for expressive scaling. This emphasizes high-effort waves while de-emphasizing noise.
🔶 USAGE
A new wave starts when the selected MA (SMA, EMA, WMA, HMA) changes direction.
Read the Strength of the Current Wave
🟩 — strong up
🟧 — weak up
🟪 — weak down
🟥 — strong down
Look for these setups
📉 Strong down wave 🟥 followed by weak up wave 🟧 — possible lower high, selling may resume.
📈 Strong up wave 🟩 followed by weak down wave 🟪 — possible bullish absorption, look for long setups.
Wave is long, but volume fades (bars shrink) — trend may be slowing, consider tightening stops or avoiding late entries.
Trend is increasing, volumes are growing — potential entry points.
Use Background Strength for Context
🟩 — bright green — strong bullish
🟥 — bright red — strong bearish
Any dim or translucent color — no clear trend
What NOT to do
Don’t enter blindly on volume spikes — check direction and trend background first.
Don’t treat every strong bar as a signal — look for sequences and transitions, not isolated bars.
Ideal Use Cases
Confirming trend strength before entry.
Avoiding fakeouts in low-volume waves.
Spotting transitions in buyer/seller dominance.
Reading market participation in real time.
Elliott Wave - OscillatorWaves3: Indicated in RED Line(Upwards) and Green Line(Downwards)
- Detects wave greater than SMA
Waves4: Maximum height indicated in yellow Line
- Detects when wave greater than SMA (Wave 3 or 5) approaches wave 4 regression point
Waves5: Indicated in White Line
- Detects divergence in oscilator and price, meaning end of trend
Appreciate any suggestions, collaboration, comments or ideas.
Detects Waves 3 , 4 and 5
Alerts for Waves 3, 4 and 5(red, green and white)
Dow waveform analyzerDow Waveform Analyzer
1. Overview and Features of the Indicator
This indicator is a tool designed to analyze chart waveforms based on Dow Theory, identifying swing lows (support) and swing highs (resistance). It allows users to quickly and consistently determine trend direction. Compared to manual analysis, it provides more efficient and accurate results.
By using swing lows and swing highs, the indicator offers a more detailed understanding of trends than simple updates to highs and lows, aiding in the creation of effective trading strategies.
2. Identifying Wave Lows and Highs
Stock prices do not move in straight lines; instead, they rise and fall in waves. This indicator starts by identifying the wave lows and wave highs.
- Wave Low: The lowest point during a temporary price decline.
- Wave High: The highest point during a temporary price increase.
These are automatically identified using Pine Script’s built-in functions `pivotlow` and `pivothigh`.
3. Drawing the Waveform
The identified wave lows and highs are alternately connected to draw the waveform. However, there are cases where wave lows or highs occur consecutively:
- Consecutive Wave Lows: The lower low is used for drawing the waveform.
- Consecutive Wave Highs: The higher high is used for drawing the waveform.
4. Tracking Swing Lows/Highs and Trend Determination
Swing lows and swing highs are crucial markers that indicate the state of wave progression:
- Swing Low: The starting point of a wave (wave low) when the closing price exceeds the previous wave high.
- Swing High: The starting point of a wave (wave high) when the closing price falls below the previous wave low.
The changes in swing lows and swing highs as the waves progress allow for trend state determination.
5. Examples of Trend States
During an Uptrend:
- When the price surpasses a wave high, the swing low is updated, confirming the continuation of the uptrend.
End of an Uptrend:
- When the price falls below the swing low, the swing low disappears, and a swing high appears, signaling the end of the uptrend.
Sideways Movement:
- Swing lows and swing highs alternately appear, indicating a sideways trend.
Start of a Downtrend:
- When the price breaks below a wave low for the first time, the swing high is updated, confirming the start of the downtrend.
During a Downtrend:
- When the price breaks below a wave low, the swing high is updated, confirming the continuation of the downtrend.
End of a Downtrend:
- When the price surpasses a wave high, the swing high disappears, and a swing low reappears, signaling the end of the downtrend.
Restart of an Uptrend:
- When the swing low is updated, the uptrend resumes. The uptrend begins when the price surpasses a wave high, and the swing low is updated for the first time.
6. Applications
Trade Entries and Exits:
- Set stop orders for entry at the price level where a trend starts.
- Set stop orders for exit at the price level where a trend ends.
Trend Filtering:
- Use the indicator to confirm whether market conditions are suitable for entry based on the trend state. Analyze waveforms to aid trading strategies.
Guide for Drawing Trendlines:
- Utilize wave lows and highs as starting and ending points when drawing trendlines with drawing tools.
7. Parameters and Display Items
Pivot Points:
- Wave lows are marked with circles below the candlestick’s low, and wave highs are marked with circles above the candlestick’s high.
Number of Bars for Pivot Calculation:
- Specify the number of bars on either side used to identify highs (default: 2).
Waveform:
- Specify the color (default: blue) or toggle its visibility (default: visible).
Swing Lows/Highs:
- Displayed as large circles. The rightmost large circle on the chart indicates the current swing low or swing high. Historical swing points are also displayed to show the progression of state changes. Specify the color (default: green) or toggle visibility (default: visible).
1. インジケーターの概要と特徴
このインジケーターは、ダウ理論を基にチャートの波形を分析し、押し安値や戻り高値を特定するツールです。これにより、トレンドの方向を迅速かつ一貫して判断できます。手動での分析と比較して、効率的かつ精度の高い結果が得られる点が特徴です。
押し安値や戻り高値を利用することで、単純な高値・安値の更新よりも詳細にトレンドの状況を把握し、効果的な取引戦略の構築に役立ちます。
2. 波の谷と波の頂の特定
株価は直線的に動くのではなく、波を描きながら上昇や下落を繰り返します。このインジケーターは、まず波の谷と波の頂を特定するところから始まります。
波の谷: 一時的な下落の最安値
波の頂: 一時的な上昇の最高値
これらを Pine Script の内蔵関数(ピボットローとピボットハイ)を用いて自動的に特定しています。
3. 波形の描画方法
特定した波の谷と波の頂を交互に結んで波形を描画します。ただし、波の谷や頂が連続する場合があります。
波の谷が連続する場合: より低い谷を採用して波形を描く
波の頂が連続する場合: より高い頂を採用して波形を描く
4. 押し安値・戻り高値の追跡とトレンド判断
押し安値と戻り高値は、波の進行状況を示す重要な指標です。
押し安値: 終値が前回の高値を超えた際の波の谷
戻り高値: 終値が前回の安値を割り込んだ際の波の頂
波の進行に伴う押し安値・戻り高値の変化から、トレンドの状態を判断します。
5. トレンド状態の具体例
上昇トレンド中:
波の頂を株価が上抜け押し安値が更新され続けることで上昇トレンドを継続。
上昇トレンドの終了:
株価が押し安値を割ると、押し安値が消え、戻り高値が新たに出現して、上昇トレンドを終了。
横ばい状態:
押し安値と戻り高値が交互に切り替わる。
下降トレンドの開始:
波の谷を株価が下抜け戻り高値がはじめて更新されることで下降トレンド開始を確認。
下降トレンド中:
波の谷を株価が下抜け戻り高値が更新され続けることで下降トレンドを継続。
下降トレンドの終了:
株価が波の頂を超えると、戻り高値が消え、押し安値が再び出現して、下降トレンドを終了。
横ばい状態:
押し安値と戻り高値が交互に切り替わる。
上昇トレンドの再開:
押し安値が更新されることで上昇トレンドを確認。
波の頂を株価が上抜け押し安値がはじめて更新されることで上昇トレンド開始を確認。
6. 応用例
トレードのエントリーとエグジット:
トレンド発生の価格に逆指値を設定してエントリー。
トレンド終了の価格に逆指値を設定してエグジット。
トレンドフィルターとして活用:
エントリーに適したトレンド状況かを確認。波形を分析してトレード戦略の参考に。
トレンドラインを描く時の参考として活用:
波の谷と頂を描画ツールを使ってトレンドラインを描く時の起点や終点として活用。
7. パラメーターと表示項目
ピボット: 波の谷はローソク足の安値にサークルを表示、波の頂はローソク足の高値にサークルを表示。
ピボット計算用のバーの数: 高値を特定するために左右何本のローソク足を使用するかを設定(初期値: 2)。
波形: 色(初期値: 青)や表示(初期値: 表示)の指定。
押し安値・戻り高値: 大きなサークルで表示。チャートの一番右の大きなサークルが現在のもの。過去のものも状態変化の経緯を示すために表示。色(初期値: 緑)や表示(初期値: 表示)の指定。
WaveTrend Oscillator PlusThe WaveTrend based on “Enhanced WaveTrend” of EliCobra. The WaveTrend Oscillator is a popular technical analysis tool used to identify overbought and oversold conditions in the market and generate trading signals. This indicator introduces additional features for improved analysis and comparison across assets.
WaveTrend:
The original WaveTrend indicator calculates two lines based on exponential moving averages and their relationship to the asset's price. The first line measures the distance between the asset's price and its EMA, while the second line smooths the first line over a specific period. The result is divided by 0.015 multiplied by the smoothed difference ('d' for reference). The indicator aims to identify overbought and oversold conditions by analyzing the relationship between the two lines.
In the original formula, the rudimentary estimation factor 0.015 times 'd' fails to accomodate for approximately a quarter of the data, preventing the indicator from reaching the traditional stationary levels of +-100. This limitation renders the indicator quantitatively biased, as it relies on the user's subjective adjustment of the levels. The enhanced version replaces this factor with the standard deviation of the asset's price, resulting in improved estimation accuracy and provides a more dynamic and robust outcome, we thereafter multiply the result by 100 to achieve a more traditional oscillation.
Enhancements and Features:
Dynamic Estimation: The original indicator uses an arbitrary estimation factor, while the enhanced version replaces it with the standard deviation of the asset's price. This modification provides a more dynamic and accurate estimation, adapting to the specific price characteristics of each asset.
Stationary Support and Resistance Levels: The enhanced version provides stationary key support and resistance levels that range from -150 to 150. These levels are determined based on the analysis of the indicator's data and encompass more than 95% of the indicator's values. These levels offer important reference points for traders to identify potential price reversals or significant price movements.
Comparison Across Assets: The enhanced version allows for better comparison and analysis across different assets. By incorporating the standard deviation of the asset's price, the indicator provides a more consistent and comparable interpretation of the market conditions across multiple assets.
Z-Score Analysis:
The Z-Score is a statistical measurement that quantifies how far a particular data point deviates from the mean in terms of standard deviations. In the enhanced version, the calculation involves determining the basis (mean) and deviation (standard deviation) of the asset's price to calculate its Z-Score, thereafter applying a smoothing technique to generate the final WaveTrend value.
Utility:
The offers traders and investors valuable insights into overbought and oversold conditions in the market. By analyzing the indicator's values and referencing the stationary support and resistance levels, traders can identify potential trend reversals, evaluate market strength, and make better informed analysis.
The following indicators were added:
⎆⎆ Squeeze Momentum Indicator
⎆⎆ Elliott Wave Oscillator
⎆⎆ Expert Trend Locator
WaveTrend Oscillator {Momentum} {DarkTheme} [NinjaDawgz]This is just a default set of settings i feel are best suited for Momentum trading and using Dark Theme.
it is the same code as the original
MFI is shown by default and the undertow wave is now a line for better visibility.
Custom Wave Trend Code used to spot, confirm and trade cyclical peaks and troughs.
Can be used in isolation but extremely powerful in conjunction with extra analysis, like Wave Theory.
WaveTrend Chart {Momentum} {DarkTheme} [NinjaDawgz]This is just a default set of settings i feel are best suited for Momentum trading and if you are using the Dark Theme.
it is the same code as the original
Custom Wave Trend Code used to spot, confirm and trade cyclical peaks and troughs.
Can be used in isolation but extremely powerful in conjunction with extra analysis, like Wave Theory.
Icon Descriptions:
Triangles (▼/▲): These are confirmations that the trend has changed. Trading in direction of the the trend is conservative but reliable and relatively profitable.
Pluses (+): These are points for re-entry and/or accumulating addition positions to trade the trend (Triangles above). If you missed the trend change, this is best place to get in.
Crosses (x): Picking the top and bottom is hard, like catching falling knife. This will show you possible tops/bottoms as they happen. Can be noisy, should not be used in isolation.
Diamonds (♦): NEW! Wish the trend confirmation (triangles) was quicker? This does
Works on any time frame, any security (Stocks, Forex, Crypto's, etc.)
Green for Long, Red for Short.
All icons can be used for Alerts!
New Alert (Alt + A) > Change Condition to WaveTrend_Chart > Choose from the list of icons.
WaveTrend Oscillator {Momentum} [NinjaDawgz]This is just a default set of settings i feel are best suited for Momentum trading.
it is the same code as the original
MFI is shown by default and the undertow wave is now a line for better visibility.
Custom Wave Trend Code used to spot, confirm and trade cyclical peaks and troughs.
Can be used in isolation but extremely powerful in conjunction with extra analysis, like Wave Theory.
Market Structures + ZigZag [TradingFinder] CHoCH/BOS - MSS/MSB🟣 Introduction
🔵 Market Structure
Grasping market structure entails examining market behavior. Essentially, market structure refers to the formation and progression of the market within its trends.
Market structures are generally fractal and nested, leading us to classify them into internal (minor) and external (major) structures. There are several definitions of market structure, with differing perspectives such as Smart Money and ICT offering their own interpretations.
🔵 Zig Zag
The Zigzag indicator is a lagging tool that identifies points on a price chart where significant changes occur compared to the previous wave. By connecting these points, it helps traders detect trends.
This indicator minimizes random price fluctuations, aiming to clarify the primary price trend.
Pivots are points on a price chart where the direction changes. Also known as reversal points, pivots form when supply and demand forces overpower one another.
There are various types of technical analysis pivots, which can be divided into two categories: minor pivots and major pivots, each with distinct significance in analysis.
Major Pivot : These pivots signify substantial changes in the chart's direction and occur at the end of trends. Analysts focusing on primary analysis prioritize major pivot points. In fact, most technical analysis tools are evaluated and based on major pivots.
Minor Pivot : These pivots highlight smaller, subsidiary points and directions, appearing at the end of corrections. Analysts who focus on minor pivots represent small trends. It's important to note that minor pivots are not suitable for use in primary technical tools.
Identifying Minor and Major Pivots :
Minor pivots are formed between two major pivots and do not break the opposing major pivot. (Internal Pivot)
Major pivots are those that either successfully break the opposing pivot or move beyond the previous pivot of the same type. (External Pivot)
🟣 How to Use
🔵 Identifying Break of Structure (BOS)
In a given trend, such as a downtrend, a Break of Structure occurs when the price drops below the previous low and forms a new low (LL). In an uptrend, a BOS (MSB) happens when the price rises and exceeds the last high.
To confirm a trend, at least one BOS is required. The break above or below the previous high or low must be validated by the closing of at least one candle beyond that level.
🔵 Identifying Change of Character (CHOCH)
Change of Character (CHOCH) is an essential concept in market structure analysis, indicating a trend change. In other words, a trend concludes with a CHOCH (MSS). For example, in a downtrend, the price declines with BOS.
While BOS highlights the trend's strength, a CHOCH occurs when the price rises and surpasses the last high, signaling a transition from a downtrend to an uptrend.
This does not imply immediately entering a buy trade; instead, it is prudent to wait for a BOS in the upward direction to confirm the uptrend.
Unlike BOS, confirming a CHOCH does not require a candle to close; simply breaking above or below the previous high or low with the candle's wick is sufficient. The following examples illustrate bearish and bullish CHOCH.
Terms :
Market Structure Shift = MSS
Market Structure Break = MSB
🔵 Zig Zag
Based on identifying pivots and drawing zigzag lines, you can have different uses of this indicator.
Including :
Identifying pivot types along with major and minor recognition.
Identifying internal and external breakouts.
Identifying support and resistance levels.
Identifying Elliott Waves.
Identifying classic patterns.
Identifying pivots with higher validity.
Identifying trends and range areas.
🟣 Settings
Pivot Period Market Structure and ZigZag Line: Using this input, you can determine the pivot period for identifying swings.
Through the settings, you can customize the display, visibility, and color of each line as desired.
WaveTrendnel Oscillator [UAlgo]🔶Description:
The WaveTrendnel Oscillator, is a technical analysis tool designed for traders to identify potential trend reversals and overbought/oversold conditions in the market. It combines the concepts of wave analysis and trend analysis to generate signals based on the current market conditions. This indicator aims to provide traders with insights into the strength and direction of the prevailing trend, facilitating better decision-making in trading strategies.
🔶Key Features:
Customizable Parameters: Users can customize various parameters including the source data, channel length, average length, and signal length according to their trading preferences and market conditions.
Signal Display: The indicator offers the option to display buy and sell signals on the chart, helping traders to visually identify potential entry and exit points.
Wave and Kernel Analysis: The WaveTrendnel Oscillator utilizes a rational quadratic kernel function, which applies a mathematical approach known as the kernel method. This method analyzes historical price data by assigning weights to each data point based on its proximity to the current period, providing a smoother and more accurate representation of market trends.
Overbought/Oversold Levels: Traders can define overbought and oversold levels using customizable threshold parameters, enabling them to identify potential reversal points in the market.
🔶Credit:
The WaveTrendnel Oscillator indicator is a modification of the original WaveTrend Oscillator developed by @LazyBear on TradingView.
🔶Disclaimer:
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (UAlgo) shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future results.
DEMO - FxCanli ZigZagEN - You can spot current trend and lots of patterns with FxCanli ZigZag indicator EASLY
DEMO VERSION of FXCANLI ZIGZAG Indicator works on only GBPNZD and XRPUSDT charts
TR - FxCanli ZigZag indikatörü mevcut trendi ve birçok formasyonu KOLAYCA bulmanızda size yardımcı olacaktır.
FXCANLI ZIGZAG indikatörünün DEMO VERSİYONU sadece GBPNZD ve XRPUSDT grafiklerinde çalışır
EN - Market Structure (At the Current time frame you can choose different colors for UpTrend and DownTrend)
TR - Market Yapısı (Mevcut zaman diliminde, Yukarı Trend ve Aşağı trendin rengini seçebilirsiniz.)
Harmonic Patterns / Harmonik Formasyonları
Elliott Wave / Elliott Dalgaları
AB=CD Pattern / AB=CD Formasyonu
EN - By activating the lower timeframe from the settings, you can see the lower timeframe waves.
TR - Ayarlardan alt zaman dilimini aktif ederek, alt zaman dilimi dalgalarını görebilirsiniz.
EN - By activating the higher timeframe from the settings, you can see the higher timeframe waves.
TR - Ayarlardan üst zaman dilimini aktif ederek, üst zaman dilimi dalgalarını görebilirsiniz.
Wavechart v2 ##Wave Chart v2##
For analyzing Neo-wave theory
Plot the market's highs and lows in real-time order.
Then connect the highs and lows
with a diagonal line. Next, the last plot of one day (or bar) is connected with a straight line to the
first plot of the next day (or bar).
+ WaveTrend OscillatorI'm guessing most of you are familir with LazyBear's adaptation of the Wavetrend Oscillator; it's one of the most popular indicators on TradingView. I know others have done adaptations of it, but I thought I might as well, because that's kind of a thing I like doing.
In this version I've added a second Wavetrend plot. This is a thing I like to do. The longer plot gives you a longer timeframe momentum bias, and the shorter plot gives you entries and/or exits. Here we have one plot with a lookback period of 55, and another with the default set to 6 (change this to 14 if you think you might prefer something slower and that will plot similarly to the default RSI settings). With the traditional Wavetrend Oscillator there is a simple moving average on the WTO that is to help provide entries and exits. I've done away with this as there are already two plots, and I felt more would just clutter the indicator. Instead of plotting the SMA I've plotted the crosses along the bottom and top of the indicator. Also, as is not the case in LazyBear's version, this SMA length is adjustable. By default it is set to 3, which is the default setting on the original indicator.
I've also plotted background colors for when there is what I call a momentum shift. If one or the other oscillators crosses the centerline a colored bar is plotted. By default it is turned on for both WTOs, though in practice you might only want it on for the longer one.
I would say use of the indicator is similar to the original WTO or many other oscillators. Buying oversold and selling overbought, but being mindful of the momentum of the market. If the longer WTO is above the centerline it's best to be looking for dips to the centerline, or for an overbought signal by the faster WTO, and vice versa if the longer WTO is below the centerline. That said, you can also adjust the length of the SMA on the faster WTO to fine tune entries or exits, which is kind of how you would trade LazyBear's version. In this case you have that additional confirmation of market momentum.
You can set colored candles to either of the WTO plots via a dropdown menu.
There are alerts for overbought and oversold situations, centerline crosses, and Wavetrend crosses.
That's about it. Hope you enjoy this particular implementation of LazyBear's well known indicator.
Ah yes, last thing: Original version the source is set to hlc3. I've given you the opportunity to change that, so if you prefer using close you can, or whatever you want.
Stochastic Heat MapA series of 28 stochastic oscillators plotted horizontally and stacked vertically from bottom to top as the oscillator background.
Each oscillator has been interpreted and the value has been used to colour the lines in.
Lower lines are shorter term stochastics and higher lines are longer term stochastics.
The average of the 28 stochastics has been taken and then used to plot the fast oscillator line, which also has a slow oscillator line to follow.
The oscillator line can be used to colour in the candles.
Inputs:
MA: multiple smoothing methods
Theme: multiple colours
Increment: stochastic length start and increments
Smooth Fast: smooth fast length
Smooth Slow: smooth slow length
Paint Bars: colour candles
Waves: toggle method to weight/increment stochastics
Heat map shows momentum extremes:
Wave Trading HelperThis script can be helpful to find trend and EP, SL, TP.
I tested only LTF(Lower Time Frame) such as under 15 mimutes for very short term trading.
As you see this script came from MAs and i'd adjusted the lengths and sources.
Basical Usages.
There are several lines but you must remember that the border is support and resistant as other MAs.
- The upper border is resistant and the lower borader is support line.
Once you chacked the trends with waves.
- If it goes up then Up-trend, and vice versa.
- when the trend change, there is flip over the waves as I circled on above.
- To make an Entry Point and STOP LOSS
Once, if there is a Flip orver, then you should take a look at the lime colored line and that is the entry line.
The Lower Border is Stop Loss.
- Hold the Position
Once, the waves spread out then the Trend is accellating so, you should hold the position.
- To take a profit.
When another Flip over you can take a profit on the Enrty line.
or when the candle hits STOP LOSS LINE then the trade is over.
It is very easy and simple isn't it?
Parsifal.Swing.CompositeThe Parsifal.Swing.Composite indicator is a module within the Parsifal Swing Suite, which includes a set of swing indicators such as:
• Parsifal Swing TrendScore
• Parsifal Swing Composite
• Parsifal Swing RSI
• Parsifal Swing Flow
Each module serves as an indicator facilitating judgment of the current swing state in the underlying market.
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Background
Market movements typically follow a time-varying trend channel within which prices oscillate. These oscillations—or swings—within the trend are inherently tradable.
They can be approached:
• One-sidedly, aligning with the trend (generally safer), or
• Two-sidedly, aiming to profit from mean reversions as well.
Note: Mean reversions in strong trends often manifest as sideways consolidations, making one-sided trades more stable.
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The Parsifal Swing Suite
The modules aim to provide additional insights into the swing state within a trend and offer various trigger points to assist with entry decisions.
All modules in the suite act as weak oscillators, meaning they fluctuate within a range but are not bounded like true oscillators (e.g., RSI, which is constrained between 0% and 100%).
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The Parsifal.Swing.Composite – Specifics
This module consolidates multiple insights into price swing behavior, synthesizing them into an indicator reflecting the current swing state.
It employs layered bagging and smoothing operations based on standard price inputs (OHLC) and classical technical indicators. The module integrates several slightly different sub-modules.
Process overview:
1. Per candle/bin, sub-modules collect directional signals (up/down), with each signal casting a vote.
2. These votes are aggregated via majority counting (bagging) into a single bin vote.
3. Bin votes are then smoothed, typically with short-term EMAs, to create a sub-module vote.
4. These sub-module votes are aggregated and smoothed again to generate the final module vote.
The final vote is a score indicating the module’s assessment of the current swing state. While it fluctuates in a range, it's not a true oscillator, as most inputs are normalized via Z-scores (value divided by standard deviation over a period).
• Historically high or low values correspond to high or low quantiles, suggesting potential overbought or oversold conditions.
• The chart displays a fast (orange) and slow (white) curve against a solid background state.
• Extreme values followed by curve reversals may signal upcoming mean-reversions.
Background Value:
• Value > 0: shaded green → bullish mode
• Value < 0: shaded red → bearish mode
• The absolute value indicates confidence in the mode.
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How to Use the Parsifal.Swing.Composite
Several change points in the indicator serve as potential entry triggers:
• Fast Trigger: change in slope of the fast curve
• Trigger: fast line crossing the slow line or change in the slow curve’s slope
• Slow Trigger: change in sign of the background value
These are illustrated in the introductory chart.
Additionally, market highs and lows aligned with swing values may act as pivot points, support, or resistance levels for evolving price processes.
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As always, supplement this indicator with other tools and market information. While it provides valuable insights and potential entry points, it does not predict future prices. It reflects recent tendencies and should be used judiciously.
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Extensions
All modules in the Parsifal Swing Suite are simple yet adaptable, whether used individually or in combination.
Customization options:
• Weights in EMAs for smoothing are adjustable
• Bin vote aggregation (currently via sum-of-experts) can be modified
• Alternative weighting schemes can be tested
Advanced options:
• Bagging weights may be historical, informational, or relevance-based
• Selection algorithms (e.g., ID3, C4.5, CAT) could replace the current bagging approach
• EMAs may be generalized into expectations relative to relevance-based probability
• Negative weights (akin to wavelet transforms) can be incorporated
WaveTrend Matrix (1m-1w) – Custom ThresholdsA visual control panel for momentum exhaustion across ten key time-frames.
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🧬 DNA
This is a fork of LazyBear’s original WaveTrend Oscillator .
The oscillator logic is 100 % intact; I simply stream the values into a compact table so that day- and swing-traders can see the “bigger picture” at a glance.
📈 What does it do?
Calculates WaveTrend on ten granularities: 1m, 3m, 5m, 15m, 30m, 1h, 2h, 4h, 1d, 1w.
Displays the current oscillator print in a color-coded matrix.
• Red = overbought (≥ high threshold)
• Green = oversold (≤ low threshold)
• Gray = neutral / in-range
All thresholds are user-adjustable.
Built on Pine v5, zero repainting, works on any symbol.
🛠 Parameters
Channel Length – WT “n1” (default 10)
Average Length – WT “n2” (default 21)
Red from – overbought cut-off (default +60)
Green under – oversold cut-off (default –60)
🚀 How to use it
1. Apply the indicator to your chart – no extra setup required.
2. Read the matrix top-down before every entry:
• Multiple deep-green rows → market broadly oversold → watch for longs.
• Multiple deep-red rows → market broadly overbought → watch for shorts or stay flat.
3. Combine with your trend filter (EMA-stack, VWAP, structure) to avoid counter-trend trades.