girolamoaloe

GA - Trend Waves

girolamoaloe Aktualisiert   
Introduction

GA - Trend Waves (GA Waves) is a Trend Productivity Tool.

Its main purpose is to follow the trend for its entire duration, marking trend variations.

Besides, it highlights Buying and Selling Waves, and Wave Segments.

GA Waves plots the beginning of Buying and Selling Waves, including Wave Segments. It can favor the Main Trend or the Buying-Selling Wave.

This means that the Algorithm can highlight Waves Segments favoring the trend continuation. In the same way, it can highlight Wave Segments riding any wave for its entire duration.

The core of the tool is a set of mathematical functions that discretize the market behavior. These functions define the trend progression and its variations. They discretize buying-selling waves and their wave segments, for short-term and long-term tracking.

As well, the Algorithm includes the strengthens and weakness in the Bullish-Bearish Momentum.

By default, GA Trend Waves shows a colored envelope. It is around a particular curve that discretizes the main trend.

This curve is the Underlying Trend. It is not slow and it follows the trend changes with a high accuracy. The curve is green when the trend is bullish. Instead, the red color marks the curve when the trend is bearish.

The envelope around the underlying trend curve is a control tool. It has 2 important uses:

1 - It defines volatility boundaries on the Underlying Trend. The Algorithm uses these boundaries to reduce the uncertainty.
2 - It shows green and red areas highlighting Buying and Selling Waves in the trend.

Together with the Underlying Trend there is the Overlying Trend. By default, it is not visible on the chart. But it colors the price line.

The Overlying Trend is a short-term curve. It is very fast. The Algorithm uses this curve to define Wave Segments.

The Overlying Trend follows the segmentation of a buying-selling wave with high accuracy.

This accuracy is possible because each curve formula includes weighted moving averages. Each formula uses a recursive application of weighted moving averages.

Overlying and Underlying Trend takes advantages from the calculation of weighted moving averages. The advantage is the high precision even with a very short period.

Then, Overlaying and Underlying Trends are fast curves. They fit at the best their respective trend variations.

The Overlying Trend and the Underlying Trend with its envelope are Stochastic Series.

GA Trend Waves itself does not trigger an entry or an exit. But its indications highlight beginning, continuation, and ending of Buying-Selling Waves. This happens considering also the Trend Momentum and the Price Extension.

Buying-Selling Wave IN Points are the discretization of the trend variations. They show how Accumulation-Distribution Points sustain a Bullish or a Bearish Trend. These particular points mark the beginning of the new wave. In the same way, they show also the ending of the previous wave.

Buying-Selling Wave Segments are discretization of the wave variations. They show strength and weakness of the wave, changing the price line color by green or red. Besides, the Algorithm highlights Wave Segments that favor the continuation of the wave.

The user can choose to plot indications of Buying-Selling Wave Segments in 2 ways:

1 - Following the Trend Momentum.
2 - Following the Buying-Selling Wave.

For a fast trading, the user can get advantage from the opportunities that the wave can offer. But for the purpose to follow the trend, the user can ride waves, according to the trend direction.

The Overlying Trend discretize the Wave Segments, from the beginning to the end of the Wave. Instead, the Underlying Trend discretize the Bullish-Bearish Trend and its momentum.


GA Trend Waves on the Chart Pane - Main Features



GA Trend Waves in its Pane



-


Important Note

The GA Trend Waves purpose is to understand the nature of trend activity. If there is no trend, it would not be useful.

But GA Waves is an adaptive tool. It can work following Buying Waves and Selling Waves in the development of a Trading Area. Then, if the trading area is large enough, in relation to the contest, it can show relevant wave segments.

In any case, Traders should not attempt to make it work in conditions to which it does not work at the best. In this condition, the experience of the trader is the most valuable tool.

I restrict access to the tool. Use the links in my signature field to gain access to the script. Feel free to send me a PM for any question.


-


Buying-Selling Wave IN Point

GA Waves Algorithm uses a stochastic process to determinate Buying-Selling Wave IN Points. This function has a fast reaction to the trend waves. This is possible because it considers acceleration and deceleration in cyclical time patterns.

The stochastic series returns the beginning of each new wave. But the beginning of a wave is also the ending of the previous wave. Then, following a buying-selling wave, usable for trading, it shows when to exit the market.

Instead, enter the market depends on the wave conditions. Then, the Buying-Selling Wave IN Point is not enough to decide to enter the market. More parameters are necessary.



Bullish-Bearish Wave Segments

The beginning of a Wave Segment highlights the continuation of the wave. The Overlying Trend discretizes the Wave Segmentation. The Algorithm plots the wave segments on the price line. This happens coloring the curve with green or red.

GA Waves highlights the beginning of a Wave Segment according to specific conditions. The visible result is the plotting of relevant points in the chart to show the continuation of the wave. If the Price Extension is too big, the Algorithm skips to plot the wave segments that carries high risk.



Overlying and Underlying Trend Changes and Confirmation

GA Waves highlights changes of the trend using Line, Line Break, Step Line, Circles, and Crosses. The use of Line, Line Break, Step Line, and so on, marks the turning points. In particular, the Underlying Trend confirms the change of the Trend. This changing becomes useful to decide the type of investment to do and pyramiding.


Overlying and Underlying Trend with Envelope



Step Line highlighting Directions and Changes in Underlying and Overlying Trends



-


Note: I restrict access to the tool. Use the links in my signature field to gain access to the script. Feel free to send me a PM for any question.


Thank you

Girolamo Aloe
Founder of Profiting Me Finance Analytics



-


Disclaimer

Nobody in Girolamo Aloe websites and trading view profile is a Financial Advisor. Nothing therein is intended to be constructed as Financial Advice. The content on his websites is for information and educational purposes only.

Trading carries high risk. You should not invest money that you cannot afford to lose. Past performance is not an indication of future results.
Versionshinweise:
Change Log

GA - Trend Waves
— version 1.1.6.1, 200601 — girolamoaloe

- Restructured the Algorithm Conditions
- By default, Underlying Trend has Length 233.
- By default, Overlying Trend has Length 5.
- By default, Underlying Trend Envelope is not visible.
- Normalized the TSI Curve to fit the RSI Curve.
- Added Error Boundaries for the 68% of Probability Range on the TSI Long Term Signal Line.
- Redefined the Underlying Trend Envelope.
- Tidied up code.
Versionshinweise:
Change Log

GA - Trend Waves
— version 1.1.6.3, 200603 — girolamoaloe

- New Feature: Plot the Overlying Trend Colors on Price Bars.
- Adjusted Transparency to 50 for Overlying and Underlying Curves.
Versionshinweise:
Change Log

GA - Trend Waves
— version 1.1.6.21, 2006021 — girolamoaloe

- Restructured Algorithm Conditions.
- New Feature: Added the GA Functions Set — version 1.1.6.21 — This includes Mathematical Functions and the Partial Visibility Algorithm.
- Bug Fix: Schaff Trend Cycle Top and Bottom Edges Constriction, when the curve persists on the top or the bottom edge.
- Removed Underlying Trend Dependence.
- Adjustments in Display Settings.
- Tidied up code.
Versionshinweise:
Change Log

GA - Trend Waves
— version 2.1.6.23, 2006023 — girolamoaloe


- New Feature: "Select Correlation Between Price, Momentum, and Trend".
- Restructured and Increased Bullish-Bearish Segments Weak and Strong Algorithm Conditions.
- Included Underlying Trend Dependencies in the Algorithm Conditions.


Buying-Selling Waves and Bullish-Bearish Segments



Select Correlation between Price, Momentum, and Trend

Price Strength Correlation

Trend Direction Correlation

Trend Momentum Correlation

Trend Wave Correlation
Versionshinweise:
Change Log

GA — Trend Waves
— version 3.1.7.1, 200701 — girolamoaloe


- New Feature: Added the GA Functions Set — version 1.1.6.30 — This includes Mathematical Functions, Partial Visibility Algorithm, and Ticks Precision Algorithm.
- New Feature: Rolling Standard Deviation as a Non-Gaussian Distribution of Returns, correlated to Trend Momentum and Trend Waves. This enriches the Algorithm with Leverage Effect, Skewness, and Kurtosis of the Asset Returns.
- New Features: "Enable Positive Leverage Effect" and "Enable Negative Leverage Effect".
- New Feature: Added Disclaimer in the Display Settings. When the Disclaimer is disabled, every plot function of the tool is disabled.
- The Leverage Effect that is one of the 5 "Stylized Facts of the Asset Returns", is now integrated in the Core Algorithm.
- Changed the Overlying Trend that now has become the new Underlying Trend.
- Removed the previous Underlying Trend.
- Removed Trend Dependencies Algorithm.
- Improved the Display Settings
- Restructured Algorithm Conditions.
- Tidied up code.
Versionshinweise:
Change Log

GA — Trend Waves
— version 4.1.7.15, 200715 — girolamoaloe


- New Feature: Added the GA Functions Set — version 2.1.7.12 — This includes Mathematical Functions, Partial Visibility Algorithm, and Ticks Precision Algorithm.
- New Features: "Asset Returns Length", "Long Signal Curve Length", "Momentum Curves Look Back".
- New Features: "Asset Volatility Look Back", "Kurtosis Look Back".
- Added Excess of Kurtosis Algorithm Conditions.
- Bug Fixed: Now Underlying Trend Colors can color Price Bars and Price Line independently.
- Tidied up code.


GA - Trend Waves in Overlay on the Chart Pane, plotting the Price Line on Price Bars


GA - Trend Waves in Overlay on the Chart Pane, coloring Candlesticks
Versionshinweise:
Change Log

GA — Trend Waves
— version 4.1.7.16, 200716 — girolamoaloe

- New Feature: Added the GA - Functions Set — version 2.1.7.16 — This includes Mathematical Functions, Partial Visibility Algorithm, and Ticks Precision Algorithm.
- New Feature: Added the GA - Conditions Set — version 1.1.7.16 — This includes Fundamental Algorithm Calculations, Conditions, and Parameters.
- Restructures Algorithm Conditions.
- Tidied up code.
Versionshinweise:
Change Log

GA — Trend Waves
— version 5.1.7.30, 200730 — girolamoaloe


- New Feature: Added the GA Functions Set — version 3.1.7.30 — This includes Mathematical Functions, Partial Visibility Algorithm, and Ticks Precision Algorithm.
- Restructured GA Functions and Alert Conditions.
- Restructured Algorithm to use Time Series Strength as Algorithm Conditions and Triggers.
- The new GA Waves Algorithm calculates and uses Time Series Strength for some "Stylized Facts of Asset Returns" (Leverage Effect, Kurtosis).
- Added Trend Waves to color Price Line and Price Bars in Green for Buying Wave and Red for Selling Wave.
- Added a New Trigger and Color Algorithm. There is only one trigger (Green Colored) for Bullish and one trigger (Red Colored) for Bearish.
- Removed Settings Box Options which are no more necessary.
- Removed Trend Momentum and Trend Waves dependencies. Now, it follows only Trend Waves.
- Removed the Previous Multicolor for Trend segments.
- Removed look back dependencies for returns, trend, momentum, leverage effect, kurtosis of the Asset.
- Removed the Overlying/Underlying Trend used to color price line and price bars. No more Overlying or Underlying Trend.
- Removed Styles Selection for Waves Markers. Now only the Line Style is used.
- Tidied up code.



GA - Trend Waves - Alert Features



GA - Trend Waves - Trend Waves and Their Triggered Segments
Trend Waves Colored on Price Line in Overlay on Price Bars




GA - Trend Waves - Trend Waves and Their Triggered Segments
Trend Waves Colored in Overlay on Price Bars and Candlesticks




GA - Trend Waves - Trend Waves and Their Triggered Segments
Trend Waves Colored Lines in Overlay on Price Bars


Versionshinweise:
Change Log

GA — Trend Waves
— version 5.1.7.31, 200731 — girolamoaloe

- New Feature: Added the GA Functions Set — version 3.1.7.31 — This includes Mathematical Functions, Partial Visibility Algorithm, and Ticks Precision Algorithm.
- New Feature: Added the GA - Conditions Set — version 1.1.7.31 — This includes Fundamental Algorithm Calculations, Conditions, and Parameters.
- Fixed a "NaN" bug in the Schaff Trend Cycle Stochastic Function.
Versionshinweise:
Change Log

GA — Trend Waves
— version 5.1.7.31, 200731 — girolamoaloe

- Updated Alert Condition Message.
Versionshinweise:
Change Log

GA — Trend Waves
— version 5.1.08.08, 200808 — girolamoaloe

- New Feature: Added the GA Functions Set — version 3.1.08.08 — This includes Mathematical Functions, Partial Visibility Algorithm, and Ticks Precision Algorithm.
- New Feature: Added the GA - Conditions Set — version 1.1.08.08 — This includes Fundamental Algorithm Calculations, Conditions, and Parameters.
- Adjusted Kurtosis Conditions in the main Algorithm to consider only the Platykurtosis.
- Added another condition in Bullish and Bearish Triggers.
- Tidied up code.
Versionshinweise:
Change log

GA — Trend Waves
— version 6.1.08.14, 200814 — girolamoaloe



- New Feature: Added the GA Functions Set — version 3.1.08.13 — This includes Mathematical Functions, Partial Visibility Algorithm, and Ticks Precision Algorithm.
- New Feature: Added the GA - Conditions Set — version 1.1.08.14 — This includes Fundamental Algorithm Calculations, Conditions, and Parameters.
- New Feature: "Enable Excess of Kurtosis Negative Strength Filter Condition".
- New Feature: "Enable Leptokurtosis Filter Condition" and "Enable Leptkurtic Pivot Label".
- Added Leptokurtic Pivot Algorithm.
- Added the plot on Price Line, Bars, and Candlesticks of Leptokurtosis by Navy and Purple colors.
- Added a new Algorithm for Ticks Precision.
- Added a new Algorithm for Partial Visibility.
- Adjusted Kurtosis Conditions.
- Adjusted Schaff Trend Cycle Wave Conditions.



GA - Trend Waves - Alert Features



GA - Trend Waves - Leptokurtosis
Trend Waves Colored on Price Line in Overlay on Price Bars




GA - Trend Waves - Leptokurtosis
Trend Waves Colored in Overlay on Price Bars and Candlesticks


Versionshinweise:
Change Log

GA — Trend Waves
— version 6.1.08.30, 200830 — girolamoaloe

- New Feature: Added GA Functions Set — version 3.1.08.25 — This includes Mathematical Functions, Partial Visibility Algorithm, and Ticks Precision Algorithm.
- New Feature: Added GA Conditions Set — version 2.1.08.30 — This includes Fundamental Algorithm Calculations, Conditions, and Parameters.
- New Feature: "Enable Leptokurtic Pivot".
- Added a new Algorithm for Ticks Precision.
- Added a new Algorithm for Partial Visibility.
- Added the Super Trend Function.
- Adjusted Excess of Kurtosis Conditions.
- Tidied up code.
Versionshinweise:
Change log

GA — Trend Waves
— version 6.1.09.03, 200703 — girolamoaloe

- New Feature: Added GA Functions Set — version 3.1.08.25 — This includes Mathematical Functions, Partial Visibility Algorithm, and Ticks Precision Algorithm.
- New Feature: Added GA Conditions Set — version 1.1.09.02 — This includes Fundamental Algorithm Calculations, Conditions, and Parameters.
- Added New Schaff Trend Cycle Wave Conditions.
- Added Neutral Area in the Trend Wave Conditions.
- Removed Trend Wave Change Line.
- Tidied up code.

-

GA - Trend Waves - Alert Features

Versionshinweise:
Change log

GA — Trend Waves
— version 6.1.09.03, 200703 — girolamoaloe
— Additional Update

- New Feature: Added GA Functions Set — version 3.1.09.03 — This includes Mathematical Functions, Partial Visibility Algorithm, and Ticks Precision Algorithm.
- New Feature: Added GA Conditions Set — 2.1.09.03, 200903 — This includes Fundamental Algorithm Calculations, Conditions, and Parameters.
- Added Schaff Trend Cycle Strength Curve.
- Added Algorithm Conditions and Triggers for Schaff Trend Cycle Strength Curve.
Versionshinweise:
Change Log

GA — Trend Waves
— version 6.1.09.04, 200704 — girolamoaloe

- Added New Trend Waves Strength Algorithm Conditions.
- Removed Schaff Trend Cycle Curve Dependencies from Trend Waves and Trend Momentum Algorithm Conditions.
- Removed Schaff Trend Cycle Strength Curve dependencies from Trend Waves and Trend Momentum Algorithm Conditions.
Versionshinweise:
Change Log

GA — Trend Waves
— version 6.1.09.05, 200705 — girolamoaloe

- New Features: "Select Moving Average for Price Trend Cycle", "Price Trend Cycle Trend", "Plot the Trend Cycle Line with Convergences and Divergences".
- Added the Price Trend Cycle Algorithm Conditions to discretize Convergences and Divergences between Price Time Series and Momentum Time Series.
Versionshinweise:
Change Log

GA — Trend Waves
— version 6.1.09.07, 200707 — girolamoaloe

BugFix: Algorithm Condition for Bullish-Bearish Divergences.
Versionshinweise:
Change log

GA — Trend Waves
— version 1.07.10.09, 201009 — girolamoaloe


- New Feature: Added GA Functions Set — version 1.04.10.09 — This includes Mathematical Functions, Partial Visibility Algorithm, and Ticks Precision Algorithm.
- New Feature: Added GA Conditions Set — version 1.03.10.09 — This includes Fundamental Algorithm Calculations, Conditions, and Parameters.
- New Feature: "Select Leverage Effect Volatility Curve"
- Added TSI Conditions to define Trend Waves for the Excess of Kurtosis Pivots.
- Added the Average True Range as Leverage Effect Volatility Curve.
- Changed Trend Cycles Algorithm Conditions to discretize Convergences and Divergences between Price Trend Cycle and Momentum Trend Cycle.
- Changed Trend Cycle default length to Fibonacci 233.
- Removed Schaff Trend Cycle Conditions for Excess of Kurtosis Pivots.
- Adopted the new Scripts Versioning Code.
- Tidied up code.

-

GA - Trend Waves - Alert Features


Gain access to my Scripts Registering on
Profiting Me Finance Analytics > profiting.me/

Girolamo Aloe - girolamoaloe.com/
FB - www.facebook.com/aloe.girolamo/
IN - www.instagram.com/aloe.girolamo/
Skript nur auf Einladung

Der Zugriff auf dieses Skript ist auf vom Autor autorisierte User beschränkt und normalerweise kostenpflichtig. Sie können es zu Ihren Favoriten hinzufügen, aber Sie können es nur verwenden, nachdem Sie die Erlaubnis angefordert und vom Autor erhalten haben. Kontaktieren Sie girolamoaloe für weitere Informationen oder folgen Sie den Anweisungen des Autors unten.

TradingView rät davon ab, für ein Skript zu bezahlen und es zu verwenden, bis Sie dem Autor zu 100% vertrauen und verstehen wie das Skript funktioniert. In vielen Fällen können Sie eine gute Open-Source-Alternative kostenlos in unserer öffentlichen Bibliothek finden.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.

Möchten Sie dieses Skript auf einem Chart verwenden?

Warnung: Bitte lesen Sie dies, bevor Sie Zugriff anfordern.