OPEN-SOURCE SCRIPT

SOL Elliott Wave 4H with Enhanced Projections

1 489
This 4H-optimized version includes:

Key Features for 4H Timeframe:

Optimized Default Settings:

Wave Detection Period: 7 (perfect for 4H)
ZigZag Depth: 3% (captures significant moves on 4H)


Visual Indicators:

Small circles mark pivot points as they form
Blue background on the last bar shows script is active
Clean zigzag lines between pivots
Wave numbers at each pivot


Immediate Feedback:

Pivots show up as soon as they're confirmed
Table shows pivots found count
Current price always visible

To Use This:

Add to your 4H SOL chart
You should immediately see:

Small circles marking recent pivots
The info table in top-right
Blue highlight on the current bar


If you don't see lines yet, try:

Reduce Wave Detection Period to 5
Reduce ZigZag Depth to 2%
Make sure you have at least 100-200 bars of history loaded


Fine-tuning for current market:

If SOL is ranging: Lower ZigZag Depth to 2%
If SOL is trending strongly: Increase to 4-5%



The indicator will start drawing zigzag lines and counting waves as soon as it finds valid alternating highs and lows that meet the minimum percentage move requirement.

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