This is my enhanced "MTF Even Better Sine Wave" indicator using Pine Script version 4.0. This originates from the book "Cycle Analytics for Traders" written by Dr. John Ehlers in Chapter 12. While the original was simplistically designed, I enhanced it by adding a multitude of features Pine Script now accommodates.
Most noticeably is the multiple time frame (MTF)...
Wavetrend with rsi and ema. I would use the rsi and ema on high timeframes like the 4 hour to exit trades when it crosses.
Rsi and ema crosses can also be used to enter without divergence.
Test it out, try it on different TF. Enjoy :-)
HOW TO USE
1. When the majority of all four Wave Range turn green, this is a sign the market is about to head up.
2. When the majority of all four Wave Range turn red, this is a sign the market is about to head down.
Costs 55 USD Therefore able to access my indicator Lifetime
CryptoWave Pro v2 delivers the same great wave algorithm as the previous version, but offers more customisation options to allow power users to fine tune every last piece of the puzzle.
In addition to the wave you'll now see the following :
Yellow line = RSI
Red and Green lines (above and below the waves dots) = RSI OB and OS
White lines + labels = Wave...
HI BIG PLAYERS,
this script I wrote for an enquiry of a tradingview-user. It should represent the Filtered Waves idea from Arthur Merril and used by Linda Raschke.
It's similar like a visualization of Elliott Waves.
On YouTube title "MTA UK Chapter Presentation with Linda Raschke" between 34-36 minutes Linda Raschke shows the rules for her Filterd Waves.
HI BIG PLAYERS
I have already told you in my previous published ideas about my new script that automatically detects Wolfe Waves and draws them into the chart.
The preliminary version is finished. Here you can already predict Wolfe Waves before they finally appear, including all lines. Here the lines sometimes do not hit exactly the peaks. The reason are the...
This indicator is similar to the Weis Wave Volume indicator in that it shows cumulative volume for each up and down price wave. However it is calculated differently, using the Jurik moving average to determine turning points. Use this in conjunction with the R100 Wave indicator to determine the best fit Jurik length and power settings.
A great indicator to help...
This is a Wave (or Zig Zag) indicator I made to use in conjunction with the Wave Volume indicator I use.
It uses the Jurik moving average to determine turning points, and will plot the tops and bottoms of the wave based on the most recent high- so you can also use to quickly find pivot highs and lows. If you are using with the R100 Wave Volume indicator, first...
Display volume totals of each wave of movement. With this you can generally determine when a trend is weakening by lesser relative wave volume in the trend direction whilst increasing volume in the reverse direction.
You can also identify absorption based on high volume waves with less wave distance.
Currently limited to around 50 wave counts per chart due to...
⚛WPZO - Wave Period Zone Oscillator by Cryptorhythms
Based upon Akram El Sherbini's article "Time Cycle Oscillators" published in IFTA journal 2018.
Companion indicator to the Wave Period Oscillator, this is simply a transformation to display in a familiar manner like an RSI. Occasionally WPO can exceed the upper and lower boundary lines in strong moves....
⚛WPO - Wave Period Oscillator by Cryptorhythms
The indicator is based on Akram El Sherbini's article "Time Cycle Oscillators" published in IFTA journal 2018. The third in a series of 4 time cycle indicators I will be publishing.
The WPO is a short-term oscillator that measures the buying and selling period of price cycles over a certain time interval. The...