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. Gray...
UPDATE: had a minor bug on how to detect the range.
EXPERIMENTAL: Swing Charts with a personal touch(has slight modifications) :p
EXPERIMENTAL: Method for detecting 4/5/6/7 point harmonics included 3drive detection rates are rudimentary.
EXPERIMENTAL: 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) .
EXPERIMENTAL: WARNING: highly curve fitted results, if you dont know whats going on stay away.
EXPERIMENTAL: fan projection from zigzag.
This implements the Even Better Sinewave indicator as described in the book Cycle Analysis for Traders by John F. Ehlers . In the example I used 36 as the cycle to be analyzed and a second cycle with a shorter period, 9, the larger period tells where the dominant cycle is heading, and the faster cycle signals entry/exit points and reversals.
update: added optional option for marking the fractals with bgcolor (request for: faizal.mansor.908)
EXPERIMENTAL: Request for IvanLabrie. Method for reading Neo Wave's. note: some issues arent possible to work around/fix due to limitations in pinescript.
ZigZag Based on price oscilation. added pattern recognition, also added recognition of head and shoulders and contracting/expanding triangles to previous list of patterns :p Use Alt Timeframe: enables optional timeframes, use higher timeframes to reduce noise. Timeframe: said Alt Timeframe. Show Patterns: toggles Pattern Recognition on.
Renko based zigzag: mode: can be Traditional or ATR . modeValue: can be whole number if you use ATR mode, or floating point number in case of Traditional mode. showOverlay: displays basis Renko overlay.
EXPERIMENTAL: Best method so far to draw the zigzag. Multi time frame options
Modified version of my original "True Williams Alligator (SMMA)" indicator that includes a multiplier to show the alligator (ie elliot wave mode) of higher timeframes. See original indicator for details. Note: First script submission. Didn't mean to use this chart. Ugly and messy. Oops.
Modified version of the true alligator indicator (ie SMMA) that features a timeframe multiplier so that you can monitor the elliott wave of higher timeframes. (See original "True Williams Alligator" for more details.) Note: First script submission. Didn't mean to use this chart. Also this is a duplicate post -- oops.
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...