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Wave Navigator
Wave Navigator implements a complete Elliott Wave rule engine detecting impulse waves (5 waves), diagonals (leading and ending), flat corrections and triangle formations. Each detected pattern receives a weighted score considering momentum, volume and time ratios (how does the length of wave 3 relate to waves 1 and 5?). The top-N ranked patterns are displayed, Fibonacci zones are persistently visualized and retained across timeframe changes.
Screenshot coming soon
Add a screenshot as public/screenshots/wave-navigator.webp
Features
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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