Elliot wave : Wave 3 finder — Indicator by Qantar

Support and Resistance elliotwaveanalysis

This indicator built for find wave 3 of elliot wave and It also calculate risk reward ratio, minimum target for wave 3 extention and stop loss.

------------ How to use -------------
1. Add this indicator on your chart.
2. If you asset are follow Condition*, buy label with risk reward ratio, Target price and Stop loss will pop up.
*Condition
-50% rebound from the end of wave 2.
-Indicator can detect wave 0, 1 and 2.

If you find any problem please leave comment.

Release Notes:

-change text.

Release Notes:

-change name.

Release Notes:

-Bug fixed

Release Notes:

-change example chart

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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