thanks for this interesting indicator. could you explain how it track elliiot waves?
Stock_Jock1
⋅
Sorry, but I've been trying to delete this post; because I discovered errors in my code after I posted it.
jackvmk
⋅
no problem mate, i could wait version 2.
Stock_Jock1
⋅
It's really not possible to explain how this works with the Elliot Wave in a forum, because it's extremely complicated. This type of training has been done online classes. It's called the "Wavy Tunnel Trading System". I'm not trying to avoid your question, but the class is several months of online webinars that can't be explained in a few messages. Your welcome to use my indicators though.
jackvmk
⋅
i read something about wavy tunnel method and i only found regee's wave, vegas tunnel and 12 ema indicators in it. i cant found anything about bungee's signals.
EDiCrypto
⋅
@Stock Jock, Hello sir, I found all the Wavy Tunnel Trading System indicator on the trading view except ZigZags ... could you help me amout 3 level zigzag codes ?
bakerdow
⋅
Hi mate I appreciate the effort. However I noticed that the green and red have the exact value and not sure about the value of the Williams. Could you help me out on this. Thank you very much
vincie855
⋅
Thanks it works wonders. Though I had to correct a few mistakes. Thanks again
himansu000002
⋅
in line 19 there will be length4 instead of length2 in formula of k4
length5 = input(6, minval=2)
upper = highest(length5)
lower = lowest(length5)
WP = 100 + (-100 * (upper - close) / (upper - lower))
plot(WP, color=purple)