Elliott Wave + Fib Levels w/Alerts [Enhanced]

Elliott Wave + Fibonacci Levels with Alerts [Enhanced]

This powerful TradingView indicator combines Elliott Wave detection with customizable Fibonacci retracement levels to help identify key price zones and potential trade opportunities. It automatically detects bullish and bearish waves based on recent highs and lows, with an optional EMA filter to improve trend accuracy.

Key features include:

Dynamic detection of Elliott Waves based on configurable wave length.

Visualization of Fibonacci retracement levels on detected waves, with customizable percentage levels and optional labels for clarity.

ATR-based automatic calculation of stop loss and take profit levels with adjustable multipliers.

Real-time alerts triggered on new wave formations, indicating bullish or bearish setups with precise entry price details.

Clean plotting of entry signals, stop loss, and take profit zones directly on the chart.

User-friendly input controls to tailor the indicator to your trading style, including options to toggle EMA filtering, Fibonacci level display, and alert activation.

Ideal for traders looking to combine classic wave analysis with Fibonacci support/resistance levels and actionable trade alerts, this indicator streamlines technical analysis and trade management in one easy-to-use tool.