Wave Sniper

# Wave Sniper — Elliott Wave Flat & Confluence Detector
**by SRUS**

Wave Sniper is an advanced Elliott Wave overlay that automatically detects **flat corrections**, **3-wave pullbacks**, and **multi-timeframe wave structure** — then scores each setup for quality and confluence before marking it on your chart.

Built for traders who want clean wave-based entries without manually counting every pivot across timeframes.

---

## What It Detects

### Flat Corrections (A–B–C)
- **Regular Flat** — B retraces ~90–100% of A, C completes near A
- **Expanded Flat** — B exceeds A (up to 138.2%), C extends 123.6–161.8% of A
- **Running Flat** — B exceeds A, C fails to reach A (truncated C)

Each flat is validated with Fibonacci ratios, optional B-wave close validation, RSI momentum divergence, and volume confirmation at the C pivot.

### 3-Wave Pullbacks
- **Continuation** — three-wave pullback in the direction of the prevailing trend
- **Reversal** — three-wave structure signaling a potential turn

### 5-Wave Retest
After a flat completes, Wave Sniper tracks whether price forms a valid 5-wave extension and flags **retest opportunities** at the prior correction zone.

### Multi-Timeframe Wave Engine (15m · 1H · 4H · Daily)
Independent pivot engines run on four higher timeframes, each maintaining its own wave count state:
`WAVE_1` through `WAVE_5`, `WAVE_A/B/C`, impulse complete, correction complete.

---

## Signal System

### Triangle Markers
Confirmed setups print a **small triangle** at the C pivot:
- ▲ Green/Purple = Long bias
- ▼ Red = Short bias

Triangle color and line weight reflect the **confluence tier** — not just pattern type.

### Confluence Tiers (HTF Bonus)
| Tier | HTF Bonus | Visual |
|------|-----------|--------|
| CASCADE | 100+ | Boldest lines + chart flash |
| TRIPLE | 70–99 | Strong color, width 3 |
| WAVE | 40–69 | Medium color, width 2 |
| Single | Below 40 | Gray tint, width 1 |

**Base pattern score (0–100)** rates Fib accuracy, momentum, volume, and B-wave validation.
**HTF bonus (0–130)** adds points when chart and higher timeframes align on wave direction, impulse structure, RSI divergence, and volume behavior.

Full scoring breakdown is shown in the **info panel** (top right).

---

## Key Features

**Wave 4 Watch System**
- Detects when price enters the 23.6–38.2% Fib retrace zone of HTF Wave 3
- Confirms with RSI behavior, volume contraction, and a completing 3-wave structure
- Draws W4 MIN / W4 MAX levels and `W4 WATCH` / `W4 ✅ LOAD W5` labels

**HTF Fib Zones**
- Auto-draws Wave 4 expected retrace boxes per active timeframe
- Projects W5 targets: MIN, STANDARD, 161.8%, 261.8%

**⚡ Prime Zone**
When an HTF Wave 4 Fib zone overlaps a confirmed flat correction zone on your chart timeframe, a bright **PRIME ZONE** box highlights the overlap — highest-probability confluence area.

**Auto-Invalidation**
Patterns that break structure fade to gray and are removed from active tracking.

**Adaptive Pivots**
Pivot strength auto-adjusts to ATR and timeframe so detection stays consistent across instruments and chart periods.

**Focus Mode**
Toggle to show flats only and reduce chart clutter.

**Lookback Filter**
Auto / 1 Day / 1 Week / 1 Month / All — control how far back patterns are drawn.

---

## Info Panel

Live readout includes:
- Daily · 4H · 1H · 15m wave states
- HTF Bias (Long/Short)
- Prime Zone status
- Current chart wave state

---

## Alerts

Built-in alert conditions:
- ⚡ Wave 4 Approaching
- ✅ Wave 4 Confirmed — W5 Loading
- 🔥 Cascade Signal — All TFs Aligned
- ⚡ Prime Zone Active
- 🔁 Wave Count Invalidated (per TF)
- 🎯 Wave 5 Target Hit (MIN / 161.8%)
- Flat detected (Regular / Expanded / Running)
- 3-Wave Continuation / Reversal
- 5-Wave retest confirmed
- B-wave confirmed — watching for C

---

## Recommended Settings

| Use Case | Suggestion |
|----------|------------|
| Scalping (1m–5m) | Enable 15m + 1H layers, Min Score 65, Min HTF Bonus 40 |
| Swing (15m–1H) | All HTF layers on, Min Score 60, Min HTF Bonus 30 |
| Position (4H–D) | Daily + 4H layers, Wave Degree = Intermediate |
| Clean chart | Focus Mode ON, Max Visible = 3 |

---

## How to Read a Setup

1. **Triangle appears** at C pivot → flat or pullback confirmed
2. Check **info panel** for HTF alignment and tier
3. Watch for **W4 zone** or **Prime Zone** for entry refinement
4. Use **W5 projection lines** for targets
5. Set alerts for CASCADE or Prime Zone for hands-free monitoring

---

## Disclaimer

Wave Sniper is a **technical analysis tool**, not financial advice. Elliott Wave counting is interpretive — always confirm with your own analysis, risk management, and market context. Past pattern performance does not guarantee

Notes de version

# Wave Sniper — Elliott Wave Flat & Confluence Detector
**by SRUS**

Wave Sniper automatically detects **flat corrections**, **3-wave pullbacks**, and **multi-timeframe wave structure** — then maps **where price needs to go next** with per-timeframe destination boxes and live distance percentages.

---

## Per-Timeframe Destination Boxes

Wave Sniper draws **separate destination zones for every active timeframe** (your chart TF + 15m / 1H / 4H / Daily). Each gets its own column on the right margin.

### →W4 Destination (Wave 3 active)
When a TF is in **Wave 3**, a **cyan box** marks the expected **Wave 4 pullback zone** (23.6–38.2% retrace of Wave 3).

| Label | Meaning |
|-------|---------|
| `→W4 1H +0.8%` | 1H W4 zone is 0.8% above price |
| `→W4 4H IN` | Price is inside the 4H W4 destination |
| `→W4 5 -1.5%` | Chart TF W4 zone is 1.5% below |

### →W5 Destination (Wave 4 confirmed)
When a TF has **confirmed Wave 4**, a **yellow box** spans the **MIN–STD** zone where Wave 5 should complete, plus extension ticks at 161% and 261%.

| Label | Meaning |
|-------|---------|
| `→W5 4H +3.2%` | 4H W5 destination zone is 3.2% above |
| `→W5 15m IN` | Price inside the 15m W5 finish zone |
| `MIN +1.1%` | Minimum W5 target distance |

**+** = above price · **−** = below · **IN** = inside the zone

Toggle: **W4 Destination Zones (W3→W4)** and **W5 Destination Boxes (W4→W5)** in Neon Markers settings.

---

## What It Detects

### Flat Corrections (A–B–C)
Regular · Expanded · Running flats with Fib validation, RSI divergence, and volume confirmation.

### 3-Wave Pullbacks
Continuation (blue) and Reversal (red) structures with triangle signals at C.

### Live Impulse Count (1–2–3–4–5)
Progressive wave lines and numbered labels on the chart TF. Auto-resets on invalidation.

### Completed 5-Wave History
Up to 5 completed impulses frozen on chart for backtesting.

### Multi-Timeframe Engine
**HTF:** 15m · 1H · 4H · Daily
**Micro:** 1m · 3m · 5m

---

## Other Neon Markers

| Marker | When |
|--------|------|
| **Pattern Zone** | Compact tick at flat/pullback C pivot |
| **Prime Zone** | HTF W4 overlaps confirmed flat/pullback |
| **Fib C Targets** | 100% · 123.6% · 161.8% C projections |

All markers support **live distance %**. Colors fully customizable.

---

## Confluence Scoring
- **Base score (0–100)** — pattern quality
- **HTF bonus (0–170)** — multi-TF alignment

---

## Alerts
Flat · Pullback · Retest · Impulse complete · W4 approaching/confirmed · W4 live · Prime Zone · Cascade · Micro W5 · W5 target hit · Wave invalidated · Structure broken

---

## How to Read a Setup

1. **Triangle at C** → flat or pullback confirmed
2. **→W4 boxes** → where each TF expects the W4 pullback to finish
3. **→W5 boxes** → where each TF expects Wave 5 to complete after W4 confirms
4. Glance at **+/- %** labels — instant read on distance to every zone
5. **Prime Zone IN** → highest confluence overlap
6. Set alerts for W4 confirmed / Cascade / Prime Zone

---

## Disclaimer

Wave Sniper is a technical analysis tool, not financial advice. Elliott Wave counting is interpretive — always confirm with your own analysis and risk management.

**SRUS Wave Sniper** — See the structure. Snipe the setup.

Notes de version

---

## What’s New in This Version

### Trend Alignment (EMA filter)
New **Trend Alignment** settings gate wave-based targets by trend:
- **Require Wave Direction Align with EMA Trend** — on by default
- **EMA Trend Length** — default 50
- **Trend Filter Mode** — Direction or Direction+Above/Below

Bullish wave boxes (W2→W3, →W4, →W5, ► LEAD) only appear when price is above the EMA. Bearish setups require price below. Counter-trend projections are hidden automatically.

### W2→W3 Projection Boxes
When your chart timeframe is in **Wave 2**, neon margin ticks project:
- **W3 162** — 1.618 × Wave 1 length from the W2 pivot
- **W3 200** — 2.0 × Wave 1 extension target

Toggle: **W2→W3 Projection Boxes** in Neon Markers.

### Leading Target (► LEAD)
Scores every active TF’s W4 destination and W5 completion zones, then highlights the single best candidate using:
- Multi-TF zone overlap (more TFs = higher score)
- TF weight (Daily > 4H > 1H > 15m)
- Wave phase priority (W4 DEST vs W5 STD/MIN/EXT)
- Trend Alignment filter

Toggle: **Enable Leading Target Box** in Leading Probability (on by default).

### Leading Probability (optional)
| Layer | Default | Purpose |
|-------|---------|---------|
| **Leading Target Box** | ON | Single best destination (► LEAD) |
| Price Magnet Heat Map | OFF | Overlapping zones across TFs |
| Fibonacci Time Projection | OFF | Time windows for W4/W5 completion |
| Next Stop Label | OFF | Nearest scored zone label |
| W3 Exhaustion | OFF | RSI div + vol/MACD exhaustion tint |

### Visual cleanup
- Compact margin ticks instead of tall zone towers on price
- Less chart clutter — optional layers off by default
- Live **+/- %** and **IN** on all zone labels retained

---

Notes de version

Wave Sniper — TradingView update copy you can paste into the script description / release notes.

Short Description (public listing)
Multi-timeframe Elliott Wave engine for flats, impulses, and leading setups. Margin-only neon markers for W2/W4/W5 and C-wave targets — nothing glued to the live candle. Bottom-right Next Stop panel shows what wave is expected next, live phase (START → IN ZONE → LATE → EXTENDED), targets, and confidence. Built for 5m–1H; auto lite mode on 4H+.

Release Notes — What's New
Next Stop Panel (major upgrade)
On by default — compact bottom-right panel (no chart clutter)
Live phase row — know if the move is just starting, in progress, in zone, late, or already extended past target
Bars since pivot — see how long the current wave leg has been running
Bright white text, direction-colored border only
Covers W1→W2 through W5→ABC plus corrective A/B/C states
W2 Pullback Zone (new)
Pink W2 PB margin box during WAVE_1 (50%–78.6% retracement of W1)
Same toggle as W3 projection: W2 Pullback & W3 Projection Zones
Per-TF markers on enabled HTF layers
C Wave Projection (redesigned)
Margin-only — C100 / C124 / C162 / CRUN ticks on the right edge
→C REG and →C EXT zone bands after B confirms
Works on WAVE_B and zigzag flat B — see C targets before C forms
No forward boxes, dashed lines, or labels on the active candle
Removed / cleaned up
Live wave line removed (was glued to price and covered candles)
27-row Info Table removed (lighter + faster; Next Stop panel replaces it)
Forward C projection boxes removed
Performance & stability
HTF lite mode on 4H+ — skips heavy request.security() calls to prevent memory/runtime errors
Smart TF filtering — only fetches layers above/below chart TF (no redundant security calls)
Reduced historical calc window (1200 bars)
Toggle gating fixed (Magnet, W3 Exhaust, C Proj, W2 markers)
Still included from prior builds
EMA Trend Alignment filter for wave direction
► LEAD leading target box (highest-probability multi-TF destination)
W4 / W5 margin destination markers
Prime Zone overlap detection
3-wave pullback + flat pattern scoring
Full alert suite (W4 approaching, C loading, lead target, magnets, etc.)
Recommended Settings
Use case Suggested toggles
Clean chart
Next Stop ON, W2/W4/W5 markers ON, disable Magnet + Time Proj
Scalping 5m
15m + 1H HTF ON, micro layers optional
4H / Daily
Chart-only lite mode auto — use margin markers + Next Stop
Alerts available
C Wave Loading (B confirmed)
W4 Approaching / Confirmed
W5 Target Hit (MIN / 161%)
Prime Zone Active
Magnet Zone Convergence (3+ TFs)
Lead Target shift
Flat / Pullback pattern detected
Wave count invalidated (per HTF)

Notes de version

What's New
Next Stop panel (major upgrade)

Bottom-right card is on by default with bright white text for readability
Header shows EXPECTING: W2 pullback (and similar) instead of raw WAVE_1 state codes
Phase row — live progress: START / IN ZONE / EARLY / MID / LATE / EXTENDED / DEEP
Time row — clock-time estimates (e.g. Est: 11:30 AM–11:45 AM) with bar counts in parentheses; pivot start shown as Since 6:00 AM (270b)
Target, confidence, and direction-colored border retained
C wave projection (margin-only)

C targets (REG / 100% / 123.6% / 161.8% / RUN) draw on the right margin before C confirms — no forward boxes/lines on live candles
Toggle: Enable C Wave Projection (margin)
W2 pullback zone

Pink W2 PB margin zone (50%–78.6% of W1) during WAVE_1
Under W2 Pullback & W3 Projection Zones
Flat quality tier system

4-tier scoring (HTF confluence + 5 reversal factors): glow, triangles, zone fill, factor dots
PRIME and STRONG composite reversal alerts (4–5 factors)
Stricter impulse/ABC rules via upgraded classifyWaveState() (W2 no-cross, degree-scaled W3 min, W4 overlap tolerance, W5 fib validation)
Performance

calc_bars_count reduced to 1200
HTF layers auto-filter by chart TF (e.g. 15m only below 15m chart)
HTF lite mode on 4H+ to avoid memory errors
Drawing leak fixes (W3 exhaust box, pattern zones, factor dots) — fewer orphaned objects
Chart cleanliness

Live dashed line to price is off by default — toggle Show Live Forming Wave if you want it
Removed 27-row top-right Info Table (reduced clutter + runtime)
Impulse labels: tiered W3/W4/W5 styling
Alerts added / improved

PRIME / STRONG flat reversal (factor-based)
HTF-aware C WAVE LOADING when B confirms
Existing alerts retained: impulse complete, W4 live, cascade, W5 targets, magnet, lead target, etc.
Stability fixes

Runtime crash on pattern removal (factor dot cleanup)
Pine compile fixes (multi-line or/and, line.style type)
CW10003 HTF fetch consistency (security calls every bar)
Removed / Changed Defaults
Item Change
Info Table
Removed
Live forming wave line
Default OFF (new toggle)
C projection on candles
Removed — margin only
Next Stop panel
Default ON
Fib C Target Boxes
Default OFF (use C margin projection instead)

Notes de version

Wave Sniper by SRUS detects Regular, Expanded, and Running Elliott flats with multi-TF confluence (15m / 1H / 4H / Daily + micro layers). Confirmed flats stay on chart with scoring, tiered signals, and Flat Stack / Fractal Cascade bonuses.

New in this build: After B confirms, C targets latch and stay active until C completes — dashed C100 / C124 / C162 lines from the B pivot, →C LOADING status, and margin →C REG/EXT zones. Up to 12 visible flat patterns; invalidated flats fade (red X) instead of disappearing.

Also: predictive A→B→C, HTF W4/W5/Prime margin markers, 3-wave pullbacks, 5-wave retests, leading target overlap, and bot-ready JSON alerts (flat_signal, c_wave_loading, truncated_w5).

Key settings: Enable Flat C Projection After B · Draw C Target Lines on Chart · Max Visible Patterns 12+ · Lookback 1 Week or All. Fib Time Projection is W3→W4 timing only — not flat C targets.

Release notes / changelog (What's new)

v2.1 — B→C Latch & Flat History
B→C FIX
• C targets now appear after B pivot confirms (latched B→C state)
• Chart dashed lines: C100 / C124 / C162 from B pivot
• →C LOADING label on chart + margin
• C projection no longer blocked by A-wave validation
• Pre-entry signal works on any B-confirmed flat, not just WAVE_B label
FLAT HISTORY
• Default 12 visible patterns (was 5)
• All confirmed flats drawn; score/HTF only affects emphasis + alerts
• Invalidated flats fade with red X until lookback expires
CLARITY
• "Enable Flat C Projection After B" (was generic C Wave Projection)
• "Fib Time Projection (W3→W4 timing only)" — separate from flat C
FIX
• preEntryLbl compile error
• Predictive C drawing lifecycle

Script open-source

Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.

RickyTSpanish

Aussi sur:

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

Script open-source

RickyTSpanish

Aussi sur: