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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

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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

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