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TopTenAlgo 8. Elliottwave Cycle

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EN: The Elliottwaves Cycle Oscillator is an indicator that allows the detection of impulsive (impulsive / ascend) or corrective (correction / fall) waves, ie each cycle (cycle) in Elliott Waves . The aim is to measure the speed of a real trend and to predict returns. In the uptrend or impulsive movement, Cycle continues its movement in the upper band after the price is set on a certain band, while in the downtrend or corrective move, the Cycle continues its movement in the lower band.

This algorithm is prepared with Top10Algo ...

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TR: Elliottwaves Cycle Osilatörü Elliott Dalgalarında ki impulsive (itkisel/yükseliş) yada corrective (düzeltme/düşüş) dalgaların yani her bir siklus’ un (cycle) önceden tespit edilmesini sağlayan bir göstergedir. Amaç gerçek bir trendin hızını ölçmek ve geri dönüşleri önceden tespit etmektir. Yükseliş trendi içinde yada impulsive bir harekette fiyat belli bir banda oturduktan sonra Cycle üst band’ da hareketine devam ederken, düşüş trendi içinde yada corrective bir harekette fiyat belli bir banda oturduktan sonra Cycle alt bandda hareketine devam eder.

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Release Notes
ADDED IMPULSIVE AND CORRECTION CYCLE ALERTS AND SIGNALS
UPDATE VERSION 5

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nFinans Algo - Get Access for ML Premium Algo: https://bit.ly/3YnJJrJ Access for All TopTen Algo: https://bit.ly/40i1Jqk

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nFinans
Also on:
cyclecycle_algoCyclescyclewaveelliottwaves_tradertoptenalgoTrend AnalysisWave Analysis

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cyclecycle_algoCyclescyclewaveelliottwaves_tradertoptenalgoTrend AnalysisWave Analysis

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact nFinans directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

nFinans Algo - Get Access for ML Premium Algo: https://bit.ly/3YnJJrJ Access for All TopTen Algo: https://bit.ly/40i1Jqk

Warning: please read our guide for invite-only scripts before requesting access.

nFinans
Also on:

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.