Renko based zigzag: mode: can be Traditional or ATR . modeValue: can be whole number if you use ATR mode, or floating point number in case of Traditional mode. showOverlay: displays basis Renko overlay.
EXPERIMENTAL: optional: custom timeframe custom fib ab_extension/bc_retrace zone Display base zigzag Display zigzag Display Tops and Bottoms Lines Display Fib. Ret./Ext. Display Pattern Recognition
EXPERIMENTAL: Method to improve the zigzag, best method so far...
EXPERIMENTAL: Best method so far to draw the zigzag. Multi time frame options
Experimental: Method to read ABC% pattern rates from a zigzag
EXPERIMENTAL: method to draw a zigzag using rsi overbought/oversold levels.
Modified version of my original "True Williams Alligator (SMMA)" indicator that includes a multiplier to show the alligator (ie elliot wave mode) of higher timeframes. See original indicator for details. Note: First script submission. Didn't mean to use this chart. Ugly and messy. Oops.
Modified version of the true alligator indicator (ie SMMA) that features a timeframe multiplier so that you can monitor the elliott wave of higher timeframes. (See original "True Williams Alligator" for more details.) Note: First script submission. Didn't mean to use this chart. Also this is a duplicate post -- oops.
The built-in implementation of the alligator is incorrect. It uses SMA with altered input parameters to approximate the true alligator indicator. The alligator was created with a supercomputer to model the elliott wave - it's very apart from other MA techniques. The built-in approximation (and similar techniques) and the true alligator yield very different...