Elliott Wave, indicating possible waves 2, 3, 4 and 5 Based on my Elliott Wave - Oscillator, this signals are converted into numbers displayed on chart:
Waves2, Waves3, Waves4, Waves5: - Indicated on Chart with numbers
Fib fan Wave 4 retracement - Blue, green and red lines for optimum retracement
Probability and target for wave 5 - Plotted when wave 4 is found - Stays visible in chart - Target is based on Monthly Fibonnacci - Probability: If current trend volume is bigger than previous opposite wave trend volume, probability is painted with color of trend background(for a trend to continue, value is recommended bigger than 35)
Projection Wave 4 (if wave 3 detected) and Projection Wave 5(if wave 4 detected) - Only displayed when waves are active, else not displayed and not saved on chart - For upside trend 2 blue target lines are displayed based on Monthly Fibonnacci - For downside trend 2 red target lines are displayed based on Monthly Fibonnacci
Fundamentals: Enterprise Value - Displayed when financial reports are updated to database - Also displayed the latest calculated enterprise value with current stock price and last financial report
REMINDER OF OSCILATOR USE: Waves3: Indicated in RED Line(Upwards) and Green Line(Downwards) - Detects wave greater than SMA
Waves4: Maximum height indicated in yellow Line - Detects when wave greater than SMA (Wave 3 or 5) approaches wave 4 regression point
Waves5: Indicated in White Line - Detects divergence in oscilator and price, meaning end of trend
Appreciate any suggestions, collaboration, comments or ideas.
Detects Waves 2, 3 , 4 and 5 *Fib fan Wave 4 retracement *Probability and target for wave 5 *Projection Wave 4 (if wave 3 detected) *Projection Wave 5(if wave 4 detected) *Alerts for Waves 2, 3, 4 and 5 *Fundamentals: Enterprise Value *Better and accurate targets for waves based on Stocks
Catatan Rilis
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Better and accurate dtection for Fib fan Wave 4 retracement
Catatan Rilis
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- Added Fibonnaci Trend Supports/Resistances for detected UpTrends and Downtrends(Red Line Fib and Green Line Fib)
Catatan Rilis
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- Better and accurate detection for WAVES 2,3,4 and 5 - Much less graph noise overall
Fundamentals: Enterprise Value - Calculated based on actual and historical financial data - Gives a projection at where stock should be - If stock is in its range, triangles are diplayed - If stock is not in range, displays the projection
Catatan Rilis
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Resolved error of indicator not working with some stocks for the financial data.
how to access free trail version I need try it thank you
andrewslalita
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Hello sir can I get the access
edgartrader1396
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@andrewslalita, Hey, sure. giving free trial access I gave access for "Elliott Wave - Futures + Stocks + Oscillator" 2 week trial started If you have any question about usage, do not hesitate to ask me Good luck!
andrewslalita
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@edgartrader1396, how to access free trail version it is showing error
edgartrader1396
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@andrewslalita, Use the Futures script instead of the Stocks