Script to find entries of Wolfe Wave Point 5 for Pinescript in Tradingview
Dear followers,
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 combination with the relationsship of wave 3 and wave 2 (point 2 to point 3). The first relationship should like the rules be 127.2 % and the second relationship 68.2% - but not every pattern join in this rule. This is why I give a little room to move around this values.
In one hand the higher the green peak, the longer and stronger the wave for buysetup and on the other hand the lower the red Peak, the longer and stronger the wave for sellsetup.
My skills didn't sufficient for show the lines of Wolfe Waves. If you have a modified version with lines with EPA and ETA Points, so please be so Kind to inform me.
Of course, not every signal is a good signal, so look to the rules of Bill Wolfe and on a perfect pattern be active.
Hi ..Could i get a trial of this indicator/scanner please...Thanks in advance
joshigeorge
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Indicator is not giving me wolfe pattern but i can see them myself.
NXT2017
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For good result it's needed to scan the market for Wolfe Wave pattern. Now you can do this with this market scanner - scan the markets for Wolfe Wave pattern:
I can see the signals below, but there is no any waves lines in my chart ,why is that
CHDVIKAS
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Will this indicator give signal
Or it can scan
BOURSE40
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Hello, I have seen this indicator Wolfe Waves Autolines Prediction ULTRA Indicator Version 2.0 for 35,29 euros. Can you give me the access for few days to check whether it is good for me or not. In order to check i'm good enough to make use of it or not? Thanks
israel.fernanda.102010
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Hello .. what indicator is the trend lines? The strokes you have on the candle chart? Regards
NXT2017
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Now it's possible to get the indicator Wolfe Wave Ultra V2