INVITE-ONLY SCRIPT
Waves + Trends
Updated
Trend visualization tool in Wave theory. This script allows to observe wave directions (trends) at 3 higher intervals.
For each candle, 3 rectangles are shown with their color, showing the current trend in a given interval/timeframe. By default, green is an uptrend and red is a downtrend.
Currently it supports 2 rulesets/wave variants:
Low - More sensitive (trend will change more ofter).
Meddium - Less sensitive ( trend will change less ofter).
Simultaneous observation of multiple timeframes reduces the time needed for analysis and facilitates making investment decisions.
Script with limited access, contact author to get authorization
Script settings:
Type – Specify which wave type should be used in trend visualization:
Top trend timeframe – Timeframe and color mapping of the visualization top row.
Middle trend timeframe – Timeframe and color mapping of the visualization middle row.
Bottom trend timeframe – Timeframe and color mapping of the visualization bottom row.
For each candle, 3 rectangles are shown with their color, showing the current trend in a given interval/timeframe. By default, green is an uptrend and red is a downtrend.
Currently it supports 2 rulesets/wave variants:
Low - More sensitive (trend will change more ofter).
Meddium - Less sensitive ( trend will change less ofter).
Simultaneous observation of multiple timeframes reduces the time needed for analysis and facilitates making investment decisions.
Script with limited access, contact author to get authorization
Script settings:
Type – Specify which wave type should be used in trend visualization:
- L(ow) – Low level waves
- M(edium) – Medium level waves
Top trend timeframe – Timeframe and color mapping of the visualization top row.
Middle trend timeframe – Timeframe and color mapping of the visualization middle row.
Bottom trend timeframe – Timeframe and color mapping of the visualization bottom row.
Release Notes
Package of improvements: - Fix problem with unconsistent real time data.
- Add signal box
Release Notes
Minor improvements Release Notes
Add time frame name labels Release Notes
Improve interval labels formattingInvite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Investor_R for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
Want to use this script on a chart?
Warning: please read before requesting access.
To get access or report problem write on toolkit4trading@proton.me
More details on Website and Youtube.
More details on Website and Youtube.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.