OPEN-SOURCE SCRIPT
Hosoda Wave
This script is based on Hosoda's wave theory (related to Ichimoku).
This theory states that a fisrt impulse, correction and second impulse will form a wave.
The aim here is to select four points (A, B, C, D) that will form the wave.
The tool will then calculate and project the probabilities in the form of price levels, as well as a time box.
It will give the projection (the second impulse) for the ABC (first impulse + correction). And also the projection for the BCD.
If you only want the projection for the ABC, you can select a point D before the point C and it will not show the projection for the BCD.
There are a lot of displays options (hide and show) and also cosmetic options (colors).
Special option : since it's not possible to select a point in the future. There is a possibility to create an Offset for the point C and also the point D
Important note : because of time calculation reasons, the tool will not correctly display the time box for assets that are not open 24/7. But the price levels are good.
This theory states that a fisrt impulse, correction and second impulse will form a wave.
The aim here is to select four points (A, B, C, D) that will form the wave.
The tool will then calculate and project the probabilities in the form of price levels, as well as a time box.
It will give the projection (the second impulse) for the ABC (first impulse + correction). And also the projection for the BCD.
If you only want the projection for the ABC, you can select a point D before the point C and it will not show the projection for the BCD.
There are a lot of displays options (hide and show) and also cosmetic options (colors).
Special option : since it's not possible to select a point in the future. There is a possibility to create an Offset for the point C and also the point D
Important note : because of time calculation reasons, the tool will not correctly display the time box for assets that are not open 24/7. But the price levels are good.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.