This is a Wave (or Zig Zag) indicator I made to use in conjunction with the Wave Volume indicator I use. It uses the Jurik moving average to determine turning points, and will plot the tops and bottoms of the wave based on the most recent high- so you can also use to quickly find pivot highs and lows. If you are using with the R100 Wave Volume indicator, first...
Display on balance volume, with trend strength identification by colour of another asset in a window of your current chart.
This is a script to draw a square wave on the chart, with an indicator for current price. Markets undergoing Dow Jones or Wyckoff Accumulation/Distribution cycles tend to move in such waves, and if the period of the cycles are detected, a signal for accumulation/distribution phases can be created as an early warning. Useful inputs: - Average True Range as the...