Elliott Wave - Oscillator

Waves3: Indicated in RED Line(Upwards) and Green Line(Downwards)
- Detects wave greater than SMA

Waves4: Maximum height indicated in yellow Line
- Detects when wave greater than SMA (Wave 3 or 5) approaches wave 4 regression point

Waves5: Indicated in White Line
- Detects divergence in oscilator and price, meaning end of trend


Appreciate any suggestions, collaboration, comments or ideas.

• Detects Waves 3 , 4 and 5
  
• Alerts for Waves 3, 4 and 5(red, green and white)