INVITE-ONLY SCRIPT
Updated

[BETA] Wolfe Wave

6 038
This script will automatically plot Wolfe Waves. Entry candles are labeled "Entry." This script is in beta, so there are some limitations as follows:
- Currently only plots BULLISH Wolfe Waves (bearish to come in a future update)
- Only shows Wolfe Waves that are within the last 100-150 bars
- Only shows one Wolfe Wave at a time
- Will delete the Wolfe Wave once wave 1 is more than 100-150 bars ago. You can use the drawing tools to draw over the wave to save it forever.
Release Notes
1.1
  • Added a stoploss line (low of wave 5)
  • Added alerts for: entry, resistance (2-4 trendline), and target (1-4 dotted trendline)
Release Notes
Fixed an issue where entry alert was 1 candle late
Release Notes
Added BEARISH Wolfe Waves :)
Release Notes
Added the ability to customize the Wolfe Wave length (default is 13). As of version 1.4, the script is no longer in beta.
Release Notes
1.5 - Entry signals are now bigger to help distinguish from wave labels, made the target line easier to see, and added the ability to customize the target line color

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