unelma

Normalised Elliot Wave Oscillator [Unelma]

This is a normalised version of the Lazy Bear EWO_.
The normalisation makes it easier to read especially with cryptos, where there are fast and big price changes which make most of indicators impossible to read over a long span.
The normalisation also highlights divergences which couldn't be spot before.
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?