UCS_TTM_Wave A & B & C

This is a replica of TTM             Wave A B C.

The ABC Waves are comprised of various moving averages and oscillators ( MACD ) used to visualize the overall strength and direction of a given market across multiple time frames.
The “A Wave” measures short term relative strength and direction of a market, the “C Wave” measures longer term strength and the “B Wave” plots the same for a medium time period.

Here is the link to the ACTUAL Indicator - http://members.simpleroptions.com/options-trading-indicators/abcwaves/

Instruction -
Load the Indicator three times, Turn Off the Other two Waves. For eg., Wave A - Check / Wave B - Uncheck / Wave C - Uncheck. = This will plot Wave A.
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// Created by UCSGEARS on 8/30/2014
// Updated - 03/22/2014

study(title="UCS_TTM_Wave A & B & C", shorttitle="WAVE-A/B/C", precision = 2)

usewa = input(true, title = "Wave A", type=bool)
usewb = input(true, title = "Wave B", type=bool)
usewc = input(true, title = "Wave C", type=bool)

// Wave A
fastMA1 = usewa ? ema(close, 8) : na
slowMA1 = usewa ? ema(close, 34) : na
macd1 =  usewa ? fastMA1 - slowMA1 : na
signal1 =  usewa ? ema(macd1, 34) : na
hist1 =  usewa ? macd1 - signal1 : na

fastMA2 = usewa ? ema(close, 8) : na
slowMA2 = usewa ? ema(close, 55) : na
macd2 = usewa ? fastMA2 - slowMA2 : na
signal2 = usewa ? ema(macd2, 55) : na
hist2 = usewa ? macd2 - signal2 : na

// Wave B
fastMA3 = usewb ? ema(close, 8) : na
slowMA3 = usewb ? ema(close, 89) : na
macd3 = usewb ? fastMA3 - slowMA3 : na
signal3 = usewb ? ema(macd3, 89) : na
hist3 = usewb ? macd3 - signal3 : na

fastMA4 = usewb ? ema(close, 8) : na
slowMA4 = usewb ? ema(close, 144) : na
macd4 = usewb ? fastMA4 - slowMA4 : na
signal4 = usewb ? ema(macd4, 144) : na
hist4 = usewb ? macd4 - signal4 : na

// Wave C
fastMA5 = usewc ? ema(close, 8) : na
slowMA5 = usewc ? ema(close, 233) : na
macd5 = usewc ? fastMA5 - slowMA5 : na
signal5 = usewc ? ema(macd5, 233) : na
hist5 = usewc ? macd5 - signal5 : na

fastMA6 = usewc ? ema(close, 8) : na
slowMA6 = usewc ? ema(close, 377) : na
macd6 = usewc ? fastMA6 - slowMA6 : na

// PLOTs
plot(macd6, color=#FF0000, style=histogram, title="Wave C1", linewidth=3)
plot(hist5, color=#FF8C00, style=histogram, title="Wave C2", linewidth=3)

plot(hist4, color=#FF00FF, style=histogram, title="Wave B1", linewidth=3)
plot(hist3, color=#0000FF, style=histogram, title="Wave B2", linewidth=3)

plot(hist2, color=#008000, style=histogram, title="Wave A1", linewidth=3)
plot(hist1, color=#DAA520, style=histogram, title="Wave A2", linewidth=3)

hline(0, color=black, title = "Zero Line", linewidth = 2, linestyle = solid)
ChrisMoody PRO
2 years ago
UCS...Your Freakin BIG TIME...

+1 Reply
ucsgears PRO ChrisMoody
2 years ago
tradearcher PRO ucsgears
2 years ago
Nice. I was thinking of doing that one as well. But I like your version better. =)
Joe Pike
2 years ago
I use TOS for trading and they only have the A & C waves as a combined model. I was able to break them into the A and C waves, but that's it. I know Trade Station has all 3 but I don't use Trade Station. Now, with your help UCS, I have access to all 3 waves! Thank you.
ucsgears PRO Joe Pike
2 years ago
you are welcome
2 years ago
ucsgears PRO
2 years ago
NEW Indicator - Reversion to the Mean. TTM Reversion to the mean with some added Alerts Soon to go live.


piferdjPips PRO ucsgears
2 years ago
trader_ak PRO
2 years ago
Nice1. Thank you. :)
a year ago
Hey, this code comes up with errors in tradestation. Can you fix it so it verifies in ts? Thanks.
ucsgears PRO jdobbs
a year ago
This code is not for Tradestation. The script language is different
a year ago
What is the difference between 1 and 2 (i.e. A1 v. A1; B1 v. B2; C1 v. C2)? Many thanks for coding this!
TimKutch TimKutch
a year ago
nevermind, i see now. just the ema lengths.
Kantardziski PRO
9 months ago
Is it just me or do you have some code missing for Wave 6 (Wave C, Wave #2)... It would be right after line 46, why have you left out the same calculations you did on the first 5 on the 6th? Maybe I am missing something, who knows :p
Kantardziski PRO Kantardziski
9 months ago
This is what I am thinking should be there...
signal6 = usewc ? ema(macd6, 377) : na
hist6 = usewc ? macd6 -signal6 : na

ucsgears PRO Kantardziski
9 months ago
Code for the wave c/2 is there. Try loading the indicator directly from a chart.
Kantardziski PRO ucsgears
9 months ago
Oh, sounds good then, thanks!
2 months ago
Having trouble with adding the script to TOS, any thought?
ucsgears PRO BKing
2 months ago
@BKing, It cannot be added directly... Modify the code def and if else statement
BKing ucsgears
2 months ago
@ucsgears, I'm not someone who can modify code, is there a way to get in touch?
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