Weis Wave ChartThis indicator is based on the Weis Wave described by David H. Weis in his book Trades About to Happen: A Modern Adaptation of the Wyckoff Method, more info how to use this indicator can be found in this video . The Weis Wave is an adaptation of Richard D. Wyckoff’s method Wave Charts. It works in all time periods and can be applied to all asset types.
Unlike other implementations I found here on TradingView, this implementation make use of a Renko-like zig zag pattern, very similar to how it is described in David H. Weis' book. The settings for the zig zag pattern are very similar to the standard Renko settings here on TradingView, in the "Renko Assignment Method" you either chose "ATR" or "Traditional" (read more about it here ). The ATR length or the brick size is then entered in the textbox "Value". You can also chose another setting in the "Renko Assignment Method" drop down named "Part of Price" which calculate the brick size from the current close and divide it by the value in the text box "Value". It is also possible to chose if the zig zag pattern shall use the high/low, the open/close or just the close as the most extreme values in its calculation, you select this in the drop down "Price Source".
TradingView's pine script does currently not support to print non-static text on the chart, so it is not possible at this point to write out the volume on the zig zag chart. It is also not possible to have both an overlay and separate chart pane in the same indicator, therefor this indicator is split up in two.
You can find the volume indicator here:
Indicador Zig Zag
SmartWave AlgorithmRide The Waves & Snag Some Gains
I'm currently getting great results with this setup so I thought I'd get it live as soon as possible.
All options unlocked so you can tweak it if you need to, but the default settings should be great for most.
This indicator detects the waves in the market so you can ride the trends.
BONUS FEATURES
I've also added in the ability to filter signals using RSI and/or MFI should you wish to trade only the higher probability signals.
Trial Access
Send me a PM if you would like to try this out for 24 hours
Full Time Access
Access to this and all of our other indicators can be gained by becoming a CryptoProTools member
As always, just hit me up if you have any questions!
ZigZag VolumeAccumulatorThis script plot a Volume Accumulator Histogram.
It accumulates volume after a price changes direction.
Use it to show how big is the bear or bull force.
I recommend to use Bandsize = 2 or 3 times ATR(300 or bigger)
This script uses the core of my ZigZag Bands indicator,
Use it to adjust Bandsize parameter.
ZigZag BandsThis script plots a central line and top and bottom lines, like a bands.
If the market is up and price still going up then central line follow the last closed "close" value.
If the market is up and price goes down, then central line stop change. If price still going down and cross bottom line, the direction changes and central line start to follow the close value if it is below central line.
I recommend to use Bandsize = 2 or 3 times ATR(300 or bigger)
This script is used in pair with my ZigZag Volume Accumulator,
Swing Finder V.1.0Swing Finder V.1.0
Find major and minor swings
Customizable lookback periods
Great for drawing Fibonacci levels
Filter out minor retracements determined by your own parameters!!
PRO Sinewave - BETAThis is a BETA version. Which means that there might be unstability, errors...
I just decided to create this separate version of the indicator in order to let people test & give reviews before pushing the actual release to the public version.
This versions will be more "advanced" but can be less reliable.. Choose wisely !
THIS SCRIPT ACCESS WILL ONLY BE GRANTED TO SUBSCRIBED USERS... (infos on the public release) So please don't post comments to ask for unlocking !
LINK TO THE PUBLIC RELEASE
Don't forget to hit the like/follow button if you feel like my work deserves it ;)
You can check my other indicators via my TradingView's Profile : @PRO_Indicators
Bests,
Phil
[RS]Fractal Auto Gann LinesEXPERIMENTAL:
GANN lines projection based on zigzag tops/bottoms, use at your own risk.
[RS]3 Level ZigZag Semafor V0EXPERIMENTAL:
request for CharanTejaM
zigzag may be adjusted to use other methods.
zigzag repaints, use at your own discretion.
[RS]ZigZag PA V4 Advanced Patterns V0.01EXPERIMENTAL:
Method for detecting 4/5/6/7 point harmonics
included 3drive detection rates are rudimentary.
[STRATEGY][RS]ZigZag PA Strategy V4.1EXPERIMENTAL:
WARNING: this strategy repaints after reloading and results are heavily curve fitted, use at your own discretion.
UPDATE: (AleksanderThor) add option for a 2nd target, to use you need to activate pyramiding with a setting of 1 manually (not possible to change programatically) .
[STRATEGY][RS]ZigZag PA Strategy V4EXPERIMENTAL:
WARNING: highly curve fitted results, if you dont know whats going on stay away.
[RS]Fractals V9update: added optional option for marking the fractals with bgcolor (request for: faizal.mansor.908)
[RS]ZigZag PA V1ZigZag 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.
[RS]Renko ZigZag V0Renko 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.
[RS]ZigZag (MA, Pattern Recognition) V2EXPERIMENTAL:
Best method so far to draw the zigzag.
Multi time frame options