ZigZag Based on price oscilation.
added pattern recognition, also added recognition of head and shoulders and contracting/expanding triangles to previous list of patterns :p
Use Alt Timeframe: enables optional timeframes, use higher timeframes to reduce noise.
Timeframe: said Alt Timeframe.
Show Patterns: toggles Pattern Recognition on.
Renko based zigzag:
mode: can be Traditional or ATR.
modeValue: can be whole number if you use ATR mode, or floating point number in case of Traditional mode.
showOverlay: displays basis Renko overlay.
Modified version of my original "True Williams Alligator (SMMA)" indicator that includes a multiplier to show the alligator (ie elliot wave mode) of higher timeframes. See original indicator for details.
Note: First script submission. Didn't mean to use this chart. Ugly and messy. Oops.
Modified version of the true alligator indicator (ie SMMA) that features a timeframe multiplier so that you can monitor the elliott wave of higher timeframes. (See original "True Williams Alligator" for more details.)
Note: First script submission. Didn't mean to use this chart. Also this is a duplicate post -- oops.
The built-in implementation of the alligator is incorrect. It uses SMA with altered input parameters to approximate the true alligator indicator.
The alligator was created with a supercomputer to model the elliott wave - it's very apart from other MA techniques. The built-in approximation (and similar techniques) and the true alligator yield very different...