OPEN-SOURCE SCRIPT
업데이트됨 Elliott Wave Predictor (9-Step Cycle + Full Year Projection)
Elliott Wave Predictor (9-Step Cycle + Full Year Projection)
This indicator provides an advanced Elliott Wave structure analysis and projection tool, designed to visualize a complete hypothetical market cycle based on classic Fibonacci ratios. It models a complex 9-step Impulse Wave (1, 2A, 2B, 2C, 3, 4A, 4B, 4C, 5) followed by a post-cycle Correction (A-B-C), giving you a comprehensive roadmap for potential price action over the next ~1 year.
Key Features
🌊 Advanced 9-Step Impulse Cycle
Unlike simple 5-wave counters, this script models the internal sub-waves of corrections for greater precision:
Wave 1: Initial Impulse
Wave 2 (A-B-C): A detailed 3-step correction (ZigZag) targeting specific Fibonacci retracement levels (0.382, 0.50, 0.618).
Wave 3: The major impulse leg targeting the 1.618 extension.
Wave 4 (A-B-C): Another layered 3-step correction, providing realistic paused setups before the final leg.
Wave 5: The final impulse targeting the 2.618 extension.
🔮 Full "Year-Ahead" Projections
The script projects price action 12 steps into the future (Wave 1-5 + Correction A-B-C), visualized as a dotted path extending from the current price. This offers a long-term "what if" scenario based on ideal Elliott Wave structures.
🤖 Smart "Overshoot" Detection
The prediction engine is context-aware. If the live price has already moved past a projected target (e.g., dropped deeper than expected for Wave A), the script automatically:
Detects the overshoot.
Assumes the current move is the completion of that wave.
Instantly recalculates and projects the next leg (e.g., the Wave B bounce) from the current price.
🛠️ Manual & Auto Controls
Auto Trend Detection: Analyzes recent price action (last 6 swings) to determine the dominant trend (Bullish/Bearish).
Manual Overrides: Need to force a specific count? You can manually set the "Last Completed Wave" (e.g., "Just finished Wave 3") to align the projection with your own analysis.
📊 Comprehensive Dashboard
A built-in table displays:
Targets: Exact price levels for every upcoming wave.
% Change: Standardized percent moves to reach each target.
Fib Levels: The Fibonacci logic behind each target (e.g., "0.618 Retrace", "1.618 Ext").
📈 Additional Overlays
50 & 200 WMA: Trend-following moving averages color-coded for instant bias confirmation.
Fibonacci Levels: Dotted horizontal lines showing key support/resistance zones relative to the wave structure.
How to Use
Add to Chart: Works best on Daily (D) or Weekly (W) timeframes for swing trading contexts.
Check Trend: Ensure the "Trend Direction" setting matches your market view (or leave it on "Auto").
Align Count: If the automatic count seems off (e.g., market is clearly in Wave 4 but script says Wave 2), use the "Manual Last Wave" setting to tell the script "I just finished Wave 3". The projection will instantly snap to the correct Wave 4->5 path.
Disclaimer: This tool projects hypothetical geometric paths based on standard Elliott Wave theory. Markets do not always follow theory. Use this for planning and scenario analysis, not as a guaranteed signal.
This indicator provides an advanced Elliott Wave structure analysis and projection tool, designed to visualize a complete hypothetical market cycle based on classic Fibonacci ratios. It models a complex 9-step Impulse Wave (1, 2A, 2B, 2C, 3, 4A, 4B, 4C, 5) followed by a post-cycle Correction (A-B-C), giving you a comprehensive roadmap for potential price action over the next ~1 year.
Key Features
🌊 Advanced 9-Step Impulse Cycle
Unlike simple 5-wave counters, this script models the internal sub-waves of corrections for greater precision:
Wave 1: Initial Impulse
Wave 2 (A-B-C): A detailed 3-step correction (ZigZag) targeting specific Fibonacci retracement levels (0.382, 0.50, 0.618).
Wave 3: The major impulse leg targeting the 1.618 extension.
Wave 4 (A-B-C): Another layered 3-step correction, providing realistic paused setups before the final leg.
Wave 5: The final impulse targeting the 2.618 extension.
🔮 Full "Year-Ahead" Projections
The script projects price action 12 steps into the future (Wave 1-5 + Correction A-B-C), visualized as a dotted path extending from the current price. This offers a long-term "what if" scenario based on ideal Elliott Wave structures.
🤖 Smart "Overshoot" Detection
The prediction engine is context-aware. If the live price has already moved past a projected target (e.g., dropped deeper than expected for Wave A), the script automatically:
Detects the overshoot.
Assumes the current move is the completion of that wave.
Instantly recalculates and projects the next leg (e.g., the Wave B bounce) from the current price.
🛠️ Manual & Auto Controls
Auto Trend Detection: Analyzes recent price action (last 6 swings) to determine the dominant trend (Bullish/Bearish).
Manual Overrides: Need to force a specific count? You can manually set the "Last Completed Wave" (e.g., "Just finished Wave 3") to align the projection with your own analysis.
📊 Comprehensive Dashboard
A built-in table displays:
Targets: Exact price levels for every upcoming wave.
% Change: Standardized percent moves to reach each target.
Fib Levels: The Fibonacci logic behind each target (e.g., "0.618 Retrace", "1.618 Ext").
📈 Additional Overlays
50 & 200 WMA: Trend-following moving averages color-coded for instant bias confirmation.
Fibonacci Levels: Dotted horizontal lines showing key support/resistance zones relative to the wave structure.
How to Use
Add to Chart: Works best on Daily (D) or Weekly (W) timeframes for swing trading contexts.
Check Trend: Ensure the "Trend Direction" setting matches your market view (or leave it on "Auto").
Align Count: If the automatic count seems off (e.g., market is clearly in Wave 4 but script says Wave 2), use the "Manual Last Wave" setting to tell the script "I just finished Wave 3". The projection will instantly snap to the correct Wave 4->5 path.
Disclaimer: This tool projects hypothetical geometric paths based on standard Elliott Wave theory. Markets do not always follow theory. Use this for planning and scenario analysis, not as a guaranteed signal.
릴리즈 노트
Elliott Wave Predictor Update 2.0: Predictive Trend ReversalThis major update transforms the projection capabilities to provide a full year+ outlook with significantly improved accuracy and cycle logic.
Key Changes:
🔄 New Trend Reversal Logic: The predictor now models alternating market cycles. After completing a 5-wave impulse in the current trend direction (e.g., Bearish), the subsequent projected cycle will automatically reverse (e.g., Bullish), creating a realistic zig-zag market structure.
📅 Extended 12-Month Projection: The forward projection loop has been extended to cover approximately 12 months, giving you a longer-term roadmap.
📐 Cumulative Wave Calculation: Wave targets are now calculated cumulatively (e.g., Wave 3 targets are based on the end of Wave 2), ensuring precise Fibonacci ratios (1.618 extensions) regardless of cycle positioning.
✨ Strict 9-Step Impulse Cycle: Refined the visualization to strictly follow the 9-step impulse pattern (1-2A-2B-2C-3-4A-4B-4C-5) for clarity.
🚀 Smart Overshoot Detection: Restored logic to automatically advance the projection if price action has already "completed" a sub-wave target (like Wave A).
Improvements:
Fixed issue where Wave 3 targets could appear lower than Wave 2 in bullish reversals.
Fixed variable scope errors for cleaner compilation.
Enhanced visual stability of projection lines.
릴리즈 노트
-오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.