this script allow to draw automatically lines of pattern.
Parallel to the automatic drawing, the indicator can give signals as soon as the 5 point of the is immediately reached or has been reached. This allows the indicator WolfeWaves_ULTRA V2 to give early signals. In the default settings, the signals are displayed with a blue background on the chart.
WolfeWaves_ULTRA V2 is offered for sale. More information can be found below in the signature.
However, anyone can test this indicator for once without any registration in a 3 day trial. You can request access with a simple message to me.
Another trial of 7 days is included in the offer on my website - before the first payment will done.
In the settings it is possible to change the degree of details. This is sometimes necessary because TradingView limited only 55 lines per indicator in Pinescript Version 4.
In extreme cases it is therefore possible to change the settings that the pattern represent waves only from 3 lines. This allows the indicator to detect far more wolf waves on the same chart.
For more great indicators everyone is invited to follow me on TradingView.
TradingView allows only 50 lines/labels per indicator. This is why I change something in this indicator. At now you will got only the necessary lines and also only 1 line per indicator.
For Wolfe Wave are 3 lines enough to see the pattern. But one disadvantage it has at now. You need 3 times of this indicator on you chart to see the whole Wolfe Wave pattern. Moreover, you have to choose your direction you want to see - longsetup or shortsetup. For both, you have to set 6 times of this indicator to your chart.
It sounds complicated, but it isn't. Look at this chart as example:
- fixed bugs relate to overdrawing issue
- choose yourself the size you want see
- add some adjustments
- "n" is no more time, it was change to bar_index
- transform into newest pinescript version 5
🎯 Elliott Wave Auto Counting: https://nxt2017.com/ew
💥 Impulse Scalper: https://nxt2017.com/im
📈 Cheapest Entry: https://nxt2017.com/pi
nxtcoupon20 for -20%
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact NXT2017 for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.
This is a private script, can acquired on my website.
Warning: please read before requesting access.