EXPERIMENTAL:
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) .
This implements the Even Better Sinewave indicator as described in the book Cycle Analysis for Traders by John F. Ehlers .
In the example I used 36 as the cycle to be analyzed and a second cycle with a shorter period, 9, the larger period tells where the dominant cycle is heading, and the faster cycle signals entry/exit points and reversals.
EXPERIMENTAL: Request for IvanLabrie.
Method for reading Neo Wave's.
note: some issues arent possible to work around/fix due to limitations in pinescript.
ZigZag 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.
ZigZag Based on price oscilation.
Use Alt Timeframe: enables optional timeframes, use higher timeframes to reduce noise.
Timeframe: said Alt Timeframe.
Renko 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.
![EURUSD: [RS]Swing Charts V0](https://s3.tradingview.com/v/Vivt0qHK_mid.png "[RS]Swing Charts V0")
![EURUSD: [RS]ZigZag PA V4 Advanced Patterns V0.01](https://s3.tradingview.com/o/OVU1rkOV_mid.png "[RS]ZigZag PA V4 Advanced Patterns V0.01")
![EURUSD: [STRATEGY][RS]ZigZag PA Strategy V4.1](https://s3.tradingview.com/n/NEDEDcsP_mid.png "[STRATEGY][RS]ZigZag PA Strategy V4.1")
![EURUSD: [STRATEGY][RS]ZigZag PA Strategy V4](https://s3.tradingview.com/d/DYONEypp_mid.png "[STRATEGY][RS]ZigZag PA Strategy V4")
![EURUSD: [RS]PA Zigzag Fibonacci FAN V0](https://s3.tradingview.com/j/JQSuXMqX_mid.png "[RS]PA Zigzag Fibonacci FAN V0")
![EURUSD: [RS]Fractals V9](https://s3.tradingview.com/y/yKNgE3zA_mid.png "[RS]Fractals V9")
![EURUSD: [RS]Neo Wave V0](https://s3.tradingview.com/m/mzbrpObb_mid.png "[RS]Neo Wave V0")
![EURUSD: [RS]ZigZag PA V3](https://s3.tradingview.com/h/H9BhRVwF_mid.png "[RS]ZigZag PA V3")
![EURUSD: [RS]ZigZag PA V1](https://s3.tradingview.com/g/gz5vU6YY_mid.png "[RS]ZigZag PA V1")
![EURUSD: [RS]ZigZag PA](https://s3.tradingview.com/e/E0uek6Yo_mid.png "[RS]ZigZag PA")
![EURUSD: [RS]Renko ZigZag V0](https://s3.tradingview.com/h/hSinr6JT_mid.png "[RS]Renko ZigZag V0")
![EURUSD: [RS]Simple ZigZag V3](https://s3.tradingview.com/y/Y3C456Ld_mid.png "[RS]Simple ZigZag V3")
![EURUSD: [RS]Simple ZigZag V2](https://s3.tradingview.com/b/ByYjCRac_mid.png "[RS]Simple ZigZag V2")
![EURUSD: [RS]ZigZag (MA, Pattern Recognition) V2](https://s3.tradingview.com/c/C3gCl77i_mid.png "[RS]ZigZag (MA, Pattern Recognition) V2")
![EURUSD: [RS]ZigZag (MA, ABC%) V1](https://s3.tradingview.com/k/K7OjpAmk_mid.png "[RS]ZigZag (MA, ABC%) V1")
![EURUSD: [RS]RSI ZigZag V0](https://s3.tradingview.com/5/5TPLBUAO_mid.png "[RS]RSI ZigZag V0")