Support and Resistance plotted to match John Ehler's Hilbert Sine Wave
EXPERIMENTAL: wave counting using swing charts, use at your own discretion.
EXPERIMENTAL: request for CharanTejaM zigzag may be adjusted to use other methods. zigzag repaints, use at your own discretion.
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: 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.
ZigZag Based on price oscilation. Use Alt Timeframe: enables optional timeframes, use higher timeframes to reduce noise. Timeframe: said Alt Timeframe.
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: optional: custom timeframe custom fib ab_extension/bc_retrace zone Display base zigzag Display zigzag Display Tops and Bottoms Lines Display Fib. Ret./Ext. Display Pattern Recognition
EXPERIMENTAL: Method to improve the zigzag, best method so far...
EXPERIMENTAL: Best method so far to draw the zigzag. Multi time frame options