TOSOPTION

[BETA] Wolfe Wave

TOSOPTION 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.
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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Invite-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.

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Disclaimer

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Author's instructions

The script is for paying members of the TOSOption community on Discord. discord.gg/xUfgVe6

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