This is another way you can plot the Momentum Histograms. This can be manipulated to Wave A, B, C from trade the market.
TTM WAVES - if you can manipulate the settings, this will work. 100%
List of All my Indicators - www.tradingview.com/p/stocks/?sort=recen...
TTM WAVES - if you can manipulate the settings, this will work. 100%
List of All my Indicators - www.tradingview.com/p/stocks/?sort=recen...
Uday C Santhakumar
// Created by UCSGEARS on 8/30/2014 //Version 2 for the Momentum Histogram study(title="UCS_Momentogram - Wave", shorttitle="UCS_Momo-WAVE") source = close fastLength1 = input(8, minval=1) slowLength1 = input(55, minval=1) signalLength1 = slowLength1 fastLength2 = input(13, minval=1) slowLength2 = input(89, minval=1) signalLength2 = slowLength2 fastMA1 = ema(source, fastLength1) slowMA1 = ema(source, slowLength1) macd1 = fastMA1 - slowMA1 signal1 = ema(macd1, signalLength1) hist1 = macd1 - signal1 fastMA2 = ema(source, fastLength2) slowMA2 = ema(source, slowLength2) macd2 = fastMA2 - slowMA2 signal2 = ema(macd2, signalLength2) hist2 = macd2 - signal2 plot(0,color=black, title = "Zero Line") plot(hist2, color=red, style=histogram, title="Wave 2", linewidth=3) plot(hist1, color=blue, style=histogram, title="Wave 1", linewidth=3)