OPEN-SOURCE SCRIPT

Elliott Wave Analysis

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Elliott Wave Analysis Indicator for TradingView
A comprehensive Pine Script indicator that helps identify and label Elliott Wave patterns with full customization.
Features:
Wave Patterns (toggle on/off)

Impulse Waves (1-2-3-4-5)
Corrections (A-B-C)
Flats (3-3-5 structure)
Zigzags (5-3-5 structure)
Triangles, Flags, Wedges (a-b-c-d-e)

Wave Degrees (15 hierarchical levels - toggle individually)

Supermillennium → Miniscule
Proper numbering for each degree (Roman numerals, Arabic numerals, circled numbers, etc.)

Technical Tools

Trend Channels: Auto-detects and draws upper/lower channels
Fibonacci Retracement: 0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%
Fibonacci Extension: 127.2%, 161.8%, 200%, 261.8%

Visual Design

White color only (no distractions)
Clean, professional appearance
Fully optional inputs—show only what you need

How It Works:

Customize via indicator settings to toggle wave patterns, degrees, channels, and Fibonacci levels on/off. Adapt the indicator to match your Elliott Wave analysis timeframe and trading style.

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.