Elliott Wave Auto (Impulse + Correction) — stable delete

vor 19 Stunden

Automatic pivot detection: The script identifies swing highs and swing lows using ta.pivothigh and ta.pivotlow.

Impulse wave labeling (1–5):

Detects 5 alternating pivots and labels them as waves 1 to 5.

Uses green/red labels for impulse and correction legs.

Connects waves with blue lines for visual clarity.

Corrective wave labeling (A–B–C):

Detects the next 3 alternating pivots after wave 5.

Labels them as A, B, C with orange lines connecting them.

Dynamic cleanup:

Stores labels and lines in arrays.

Deletes previous drawings automatically before redrawing, keeping the chart clean.

Optional pivot markers:

Plots tiny triangles for detected pivots (green for lows, red for highs).

Information table:

Displays the direction (Bullish/Bearish) and percentage move of the 1–5 impulse waves.

Pine Script v5 compliant:

Uses str.tostring() and array-based deletion to avoid tostring() or line.deleteall() errors.

If you want, I can also add an alert feature to notify you when a full impulse + corrective wave pattern completes. This makes it actionable for trading.

vor 19 Stunden

Versionshinweise

Update script with alerts

vor 19 Stunden

Versionshinweise

FIXED ISSUE