This indicator is designed to generate wave charts following the NeoWave method. NeoWave, developed by Glenn Neely in 1990, offers a scientific and objective approach to wave analysis. A Cash Data is essential for accurate analysis, requiring highs and lows to be plotted in the exact order they occurred—a process that can be complex and time-consuming. The indicator automates this process by identifying highs and lows for any symbol and timeframe, plotting them in real-time. For instance, on a monthly timeframe, it finds yearly highs and lows and arranges them sequentially, forming a "Yearly Wave Chart" for NeoWave analysis. •Generates Wave Charts for multiple timeframes(yearly, monthly, weekly, daily, hourly, minutely). • Provides real-time auto-updating Wave Charts. • Supports plotting based on calendar time, bar count, or equal distances. • Compatible with all account types.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.