INVITE-ONLY SCRIPT
[BETA] Wolfe Wave
Updated
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.
- 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 lateRelease 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 colorInvite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact TOSOPTION for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
Author's instructions
″The script is for paying members of the TOSOption community on Discord.
http://discord.gg/xUfgVe6
Want to use this script on a chart?
Warning: please read before requesting access.
Come join our discord community!
Discord: discord.gg/b2s56tmVgC
Free Checklist: subscribepage.io/gap_reversal_checklist
Youtube: youtube.com/@TOS_OPTION
Website: tosoption.com
Discord: discord.gg/b2s56tmVgC
Free Checklist: subscribepage.io/gap_reversal_checklist
Youtube: youtube.com/@TOS_OPTION
Website: tosoption.com
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.