ucsgears

UCS_TTM_Wave A & B & C

This is a replica of TTM Wave A B C.

The ABC Waves are comprised of various moving averages and oscillators ( MACD ) used to visualize the overall strength and direction of a given market across multiple time frames.
The “A Wave” measures short term relative strength and direction of a market, the “C Wave” measures longer term strength and the “B Wave” plots the same for a medium time period.

Here is the link to the ACTUAL Indicator - http://members.simpleroptions.com/option...

Instruction -
Load the Indicator three times, Turn Off the Other two Waves. For eg., Wave A - Check / Wave B - Uncheck / Wave C - Uncheck. = This will plot Wave A.
Mã nguồn mở

Với tinh thần của TradingView, tác giả đã xuất bản tập lệnh theo mã nguồn mở, vì thế trader có thể dễ dàng hiểu và tùy chỉnh được. Bạn có thể sử dụng miễn phí, hoặc tùy chỉnh lại mã đã được cấp phép bởi Quy tắc Chung. Bạn có thể sử dụng nó trên biểu đồ.

Bạn muốn sử dụng tập lệnh này trên biểu đồ?
// Created by UCSGEARS on 8/30/2014
// Updated - 03/22/2014

study(title="UCS_TTM_Wave A & B & C", shorttitle="WAVE-A/B/C", precision = 2)

usewa = input(true, title = "Wave A", type=bool)
usewb = input(true, title = "Wave B", type=bool)
usewc = input(true, title = "Wave C", type=bool)

// WAVE CALC
// Wave A
fastMA1 = usewa ? ema(close, 8) : na
slowMA1 = usewa ? ema(close, 34) : na
macd1 =  usewa ? fastMA1 - slowMA1 : na
signal1 =  usewa ? ema(macd1, 34) : na
hist1 =  usewa ? macd1 - signal1 : na

fastMA2 = usewa ? ema(close, 8) : na
slowMA2 = usewa ? ema(close, 55) : na
macd2 = usewa ? fastMA2 - slowMA2 : na
signal2 = usewa ? ema(macd2, 55) : na
hist2 = usewa ? macd2 - signal2 : na

// Wave B
fastMA3 = usewb ? ema(close, 8) : na
slowMA3 = usewb ? ema(close, 89) : na
macd3 = usewb ? fastMA3 - slowMA3 : na
signal3 = usewb ? ema(macd3, 89) : na
hist3 = usewb ? macd3 - signal3 : na

fastMA4 = usewb ? ema(close, 8) : na
slowMA4 = usewb ? ema(close, 144) : na
macd4 = usewb ? fastMA4 - slowMA4 : na
signal4 = usewb ? ema(macd4, 144) : na
hist4 = usewb ? macd4 - signal4 : na

// Wave C
fastMA5 = usewc ? ema(close, 8) : na
slowMA5 = usewc ? ema(close, 233) : na
macd5 = usewc ? fastMA5 - slowMA5 : na
signal5 = usewc ? ema(macd5, 233) : na
hist5 = usewc ? macd5 - signal5 : na

fastMA6 = usewc ? ema(close, 8) : na
slowMA6 = usewc ? ema(close, 377) : na
macd6 = usewc ? fastMA6 - slowMA6 : na

// PLOTs
plot(macd6, color=#FF0000, style=histogram, title="Wave C1", linewidth=3)
plot(hist5, color=#FF8C00, style=histogram, title="Wave C2", linewidth=3)

plot(hist4, color=#FF00FF, style=histogram, title="Wave B1", linewidth=3)
plot(hist3, color=#0000FF, style=histogram, title="Wave B2", linewidth=3)

plot(hist2, color=#008000, style=histogram, title="Wave A1", linewidth=3)
plot(hist1, color=#DAA520, style=histogram, title="Wave A2", linewidth=3)

hline(0, color=black, title = "Zero Line", linewidth = 2, linestyle = solid)

Bình luận

What do the two different colors for each wave indicate? Sometimes yellow is higher/ lower than the green. What does that indicate?
+26 Phản hồi
UCS...Your Freakin BIG TIME...

SKILLZ!!!!!!
+3 Phản hồi
ucsgears ChrisMoody
Thanks
Phản hồi
tradearcher ucsgears
Nice. I was thinking of doing that one as well. But I like your version better. =)
Phản hồi
Wow thanks a whole bunch @ucsgears for making this code available. I'm just finished reading chapters 11 and 12 of John Carter's Master the Trade (I'm too much of a newbie trader to discern if he's legit or not), and building my own SqueezeWave indicator. I was looking for the TTM Waves algorithm, and there you have it, thanks to you. Gotta say: I find it deceptively simple math wise. It seems people are making good money with beginner code!
+1 Phản hồi
What's up, bro?
I'm a beginner trader from Brazil, and I think your WAVE-A/B/C indicator is really cool. I never had access to the original indicator, did you use the same parameters as the original? How do you use the indicator?
Thank you for sharing!
Phản hồi
very good indicator!
Phản hồi