Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Elliot 1 to 8 for Amibroker (AFL)

Rating:
3 / 5 (Votes 7)
Tags:
amibroker, elliot

This elliot wave very use full to long and short term not intraday,

Screenshots

Similar Indicators / Formulas

Elliot Fractals
Submitted by rajankamboj almost 9 years ago
Pivot Macd System with Elliot wave
Submitted by mohad almost 8 years ago
bad tick clean
Submitted by pious243 almost 6 years ago
Williams Alligator System
Submitted by durgesh1712 over 7 years ago
*Level Breakout system*
Submitted by Tinych over 7 years ago

Indicator / Formula

Copy & Paste Friendly
Plot(C, "", IIf(O>=C, colorOrange, colorGreen), ParamStyle("Price Style",styleCandle,maskPrice));

//Elliot Wave [Single Loop]
_SECTION_BEGIN("Elliotwave");
X=BarIndex();
p=Param("p",1,5,30,1);
z=Zig(C,p);Plot(C,"C",2,64);
CONDP=PeakBars(C,P)==0;SP=Cum(CONDP);
EP1=ValueWhen(CONDP,C,1);TP1=ValueWhen(CONDP,X,1); 
EP2=ValueWhen(CONDP,C,2);TP2=ValueWhen(CONDP,X,2);
EP3=ValueWhen(CONDP,C,3);TP3=ValueWhen(CONDP,X,3);
EP4=ValueWhen(CONDP,C,4);TP4=ValueWhen(CONDP,X,4);
CONDT=TroughBars(C,P)==0;ST=Cum(CONDT);
ET1=ValueWhen(CONDT,C,1);TT1=ValueWhen(CONDT,X,1);
ET2=ValueWhen(CONDT,C,2);TT2=ValueWhen(CONDT,X,2);
ET3=ValueWhen(CONDT,C,3);TT3=ValueWhen(CONDT,X,3);
ET4=ValueWhen(CONDT,C,4);TT4=ValueWhen(CONDT,X,4);
ET5=ValueWhen(CONDT,C,5);TT5=ValueWhen(CONDT,X,5);
// EW definition
EW8=EP3>EP4 AND EP2>EP3 AND EP2>EP1 AND ET4>ET5 AND ET3>ET2 AND
ET2>ET1 AND ET3>ET4 AND ET4>ET5 AND CONDT;
COLOR=colorWhite;
PlotShapes(shapeDigit8*EW8,color);
G=Cum(CONDP OR CONDT);
GEW=SelectedValue(ValueWhen(EW8,G));
for(n=1;n<=9;n++)
{
PlotShapes((49-(2*n-(n%2)))*(G==GEW-n AND (n%2)*CONDP+(-1+n%2)
*CONDT),Color);
}
Plot(EW8,"",colorRed,2+styleOwnScale);
Plot(z,"",colorYellow,styleThick);
Filter=EW8;// explore for all quotations
AddColumn(C,"C");
GraphXSpace=8;
_SECTION_END();

10 comments

1. THE LORD KSA

I LIKE THIS FORMULA THNAX ALOT VERY GOOD WORK PUT CAN TELL US THE DIFFRINCE BETWEEN THE PULLISH 8TH WAVE AND THE BEARISH ONE
ANY WAY THNX ALOT.

2. vputcha

Hi,
The code does not resemble the screen shot. Thanks, Vishnu Vandana

3. FTAKSA

حركات يا لوورد هنا عليمي وهناك مسوي محلل فني مين قدك هههههه

4. bors

sorry it did not worked
. i copied & pasted it but nothing happened.

as the friend said
The code does not resemble the screen shot.

5. kv_maligi

yes, EW numbers are not there on screen, plz paster correct code

6. ajmal017

Cant see the wave numbers.. could you pls modify the code..?

7. karanm

kindly explain how to identify Which 8 is BULLISH and which 8 is BEARISH

8. karanm

Adminstator Sir, kindly explain how to identify Which 8 is BULLISH and which 8 is BEARISH
Thanks & Regards

9. marcheur

It’s not right, the ratios do not match Elliot wave requirements.

10. afawzy83

Thanks for your help

Leave Comment

Please login here to leave a comment.

Back