OPEN-SOURCE SCRIPT
Elliot Wave Oscillator
Updated
EWO Indicator, helps to indentify waves
Similar like LazyBear's Indicator: ElliotWave Oscillator [EWO]
I extended and changed the following:
Similar like LazyBear's Indicator: ElliotWave Oscillator [EWO]
I extended and changed the following:
- Allow custom SMA interval default 5 and 35. Dont use EMAs
- Choose input source: default close, f.e. use HL2
- Show difference of SMAs in percent based on current candle default "true", this is very useful for historical charts
Release Notes
fixed typo... Ralph Nelson ElliottRelease Notes
seems like renaming not possible yetRelease Notes
Update to Version 5
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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