Patterns & Wellen Overlay

RJ Wave

RJ Wave validates impulse-pullback patterns according to strict Fibonacci rules. An impulse leg is detected, then the pullback must land on a defined Fibonacci level (typically 0.382 to 0.618) before the next wave is confirmed. Entry occurs after the Anchor-B break – when the pullback has confirmed its low and is returning in the impulse direction. Price target projections are automatically calculated from Fibonacci extensions of the impulse leg.

Screenshot coming soon

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Features

Impulse-Pullback Validierung

Pullbacks müssen auf Fibonacci-Levels landen

Next Wave Commitment nach Anchor-B Break

Preisziel-Projektion

Wave Fibonacci Impulse Pullback

View code on GitHub

Usage: Open the Pine Editor on TradingView, copy the code from the GitHub repository and paste it.

This script is an idea for developing your own Pine Script indicators. It does not constitute investment advice and serves exclusively as technical learning material. Use at your own risk.

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