Chỉ báo sóng Zig zag

Port of @RicardoSantos' Fractal Regression Channel V0 from pinescript 2 to pinescript 3. // Source: // Original Author: @RicardoSantos

This is a alternative version of the well known "ZigZag indicator" but it uses turning points of the Jurik ma instead of the traditional "pivot points" that are by definition lagging by a large lookback period, the (almost-) Zero Lag ZigZag lags by about 2 bars on average (depending on the candles forming) The ZigZag pattern can be used to draw trendlines and S/R...

update: added optional option for marking the fractals with bgcolor (request for: faizal.mansor.908)

Smart Fibonacci with ZigZag

Introduction Making lines is great in technical analysis since it can highlights principal movements and make the analysis of the price easier when using certain methodologies (Elliott Waves, patterns). However most of the indicators making lines (Zig-Zag, simple linear regression) are non causal (repaint), this is the challenge i tried to overcome, making an...

EXPERIMENTAL: Best method so far to draw the zigzag. Multi time frame options

There are several variations on the classic TD Sequential indicator already published so why do another one would be a fair question to ask. Personally i wasn't fully satisfied with how many of them were implemented so i decided to code my own version from the ground up guided by the rules outlined in Jason Perl's: DeMark Indicators book. Thanks to /u/glaz and...

EXPERIMENTAL: fan projection from zigzag.

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 script plots a central line and top and bottom lines, like a bands. If the market is up and price still going up then central line follow the last closed "close" value. If the market is up and price goes down, then central line stop change. If price still going down and cross bottom line, the direction changes and central line start to follow the close...

EXPERIMENTAL: WARNING: highly curve fitted results, if you dont know whats going on stay away.

EXPERIMENTAL: request for CharanTejaM zigzag may be adjusted to use other methods. zigzag repaints, use at your own discretion.

This indicator is based on the Weis Wave described by David H. Weis in his book Trades About to Happen: A Modern Adaptation of the Wyckoff Method, more info how to use this indicator can be found in this video. The Weis Wave is an adaptation of Richard D. Wyckoff’s method Wave Charts. It works in all time periods and can be applied to all asset types. Unlike...

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.

For those who never heard about these two huge strategies: * * * Darvas Box Strategy - www.netpicks.com * * * Turtle Way Strategy - www.investopedia.com In very short terms, both strategies are based on breakouts, probably the easiest way to trade (with proper education,...

The OxO ZigZag indicator is delayed but useful to identify structure and price trends. Zig zag lines only appear when there is a price movement between a swing high and a swing low that helps to idetify support and resistance as well.

---> ZOOM IN THE CHART TO GET BETTER SIGHT ! <--- PRO SINEWAVE IS BASED ON ADVANCED CYCLE ANALYSIS : It watches the prices movements and see if there is cyclical components in it or not (a market that is not cyclical is basically in trend (either buyers or sellers are predominant). The indicator then studies those price cycles and process them through a...

EXPERIMENTAL: GANN lines projection based on zigzag tops/bottoms, use at your own risk.