Have you ever wonder how the Elliott Wave looks like? If you trade with price action you are going to love this stuff... It is based on the same Mandelbrot Chaos Theory principles in order to trade with Bill Williams fractals. Chaos Trend Wave indicator displays in your chart the different Elliott wave layers making price action trading very intuitive.
The standard settings are 126, 1, 5, 21 displaying the immediate bigger wave from your current layer, display settings for your current layer and "balance point" are: 126, 1, 3, 13. Use Fib sequence in the last two numbers in order to correctly change between wave layers: 126, 1, 8, 34 and 126, 1, 13, 55 (This is the higher setting, it is very useful to spot and trade trending markets).
Hi @GustavoRubi I wanted to automate your alerts using tradingview.to and to do that I need to know the plot numbers for the green and red dots so that I can set your trades to close when the dot appears.
Thanks
raulmosky
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bug in btc and eth
snowholt
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Hi, I was looking for a good price action indicator. may I ask for access to see the code? thanks.