Wave trend oscillator thinkorswim Little’s work on objective trend identification and pivot breakout evaluation using volume, with the work of David Weis and the Weis Wave concept, plus the ideas of Timothy Ord and his Ord-Volume indicator, as well as other traders/authors such as Anna Coulling and of course Richard Wyckoff. Jun 28, 2020 · DGT interpreted version of LazyBear's WaveTrend, visualizing on Price Chart Original Author : LazyBear Crosses above or below threshold are emphasized with bigger labels - crosses above threshold : probable short indications with a bigger label and relativly small label for probable long indications - crosses below threshold : probable long indications with a bigger label and relativly small Jul 6, 2022 · Repaints Black Dogs-Elliot Wave Strategy For ThinkOrSwim rip78 Jul 6, 2022 Repaints 1 2 Next Aug 1, 2025 · Discover the secret to spotting shifts in market direction with Wilder's Momentum Concept! Learn how to build a ThinkOrSwim indicator to automate this strategy. Came from Came LazyBear over at TradingView version that was ported from TS/MT Nov 1, 2019 · Great oscillator which determines trend and momentum. Jul 31, 2025 · Download the free Advanced Volume Zone Oscillator (VZO) for ThinkOrSwim. Sep 23, 2019 · This indicator was created by LazyBear over at TradingView. I added arrows for short term and long term signals that are able to turn on/off in the settings. When the market finishes a move Nov 12, 2025 · Learn how to apply the Elliott Wave Theory in trading to improve market timing, enhance pattern recognition, and optimize trading strategy. Build custom indicators, set intelligent alerts, and backtest winning strategies on Thinkorswim platform—no coding experience required. This Indicator is valuable in identifying and confirming trend directions, as well as probabilistic and dynamic oversold and overbought zones. May 19, 2022 · The functions present in the Supertrend indicator for ThinkorSwim are capable of retrieving both fiscal and market data and provide numerous techniques. The new indicator follows the swings Oct 29, 2022 · This dashboard consists of 3 different Trend Meters and a Trend Bar which are used to confirm trend Use as a supplementary Indicator to confirm your entries, but it is as good on it's own. thinkScript Code (Lazy Bear) # # @author LazyBear # Feb 6, 2025 · Author states: The Two-Pole Oscillator is an advanced smoothing oscillator designed to provide traders with precise market signals by leveraging deviation-based calculations combined with a unique two-pole filtering technique. When the volatility increases, so does the distance between the bands, conversely, when the volatility declines, the distance also decreases. In a nutshell, the KVO uses high Oct 5, 2025 · The Super-Trend and Universal Oscillator (UOSC) are used to spot potential trades and the VIP VPA volume indicator is used to pin-point entries and exits with exits being occasionally made when an Relative Volume (RVOL) spike occurs in the opposite direction of the position. From intraday to daily charts, leverage the tool's effectiveness for reliable wave counting and trend analysis. #// As a bonus Wave Trend Signals are marked as well, these are very powerful however please use with Jun 22, 2025 · I've assembled a CCI indicator based on the trend trading strategy found in this video. The largest and most active community of investors and traders who use thinkorswim's thinkScript indicators and other custom programming languages to chart, trade, and make money in the stock market. When they do, you have confidence. The main idea behind this oscillator is to combine the benefits of trend and cycle indicators and minimize their drawbacks such as lags or false signals. The Cycle Trend Analytics indicator is an oscillator that can be used for analysis of cycles and trends in the market data. Browse the world's largest library of free custom trading indicators for technical analysis on top charting platforms. This technical analysis tool identifies overbought and oversold conditions in the market and then generates trading signals. GitHub Gist: instantly share code, notes, and snippets. Being an oscillator that measures buying/selling pressure over the specified time period, it extends the range of pressure indicators such as Money Flow Index (MFI), Chaikin Money Flow (CMF), and MACD. Similar to RSI and MFI, there will be levels of overbought and oversold. https://usethinkscript. One of the gold standards of momentum. There are four layer: First layer is the distance between closing price and cloud (min or max, depending on the main Step-by-step tutorials to help you unleash the full power of ThinkOrSwim and become a better trader. It provides dynamic entry and exit signals, confirming bullish or bearish trends while filtering out Nov 13, 2020 · Summary This modification of the Klinger Volume Oscillator (KVO) is designed to simplify signal analysis. Oscillator Nov 6, 2019 · Another TradingView portLooking forward to thoughts, feedback, backtests, etc Here's some additional information regarding the Universal Oscillator, courtesy of LazyBear: Universal Oscillator by Mr. I call it EnhancedRSI as it has different constituents which help determine the possible trend, support resistance/ divergence/ reversal etc. Red candles are the reversal zone. When they don't, you have caution. When the Super-Trend (ST) line is red, short trades are preferred. Jun 29, 2019 · Here is a strategy based on the Trend Quality indicator that gives you buy and sell signals. Nov 6, 2019 · Another TradingView portLooking forward to thoughts, feedback, backtests, etc Here's some additional information regarding the Universal Oscillator, courtesy of LazyBear: Universal Oscillator by Mr. The Momentum Wave Multi-Timeframe Indicator for ThinkOrSwim by MyIndicators enables seamless trend tracking across timeframes. May 11, 2021 · WaveTrend Oscillator for ThinkorSwim [LazyBear] https://usethinkscript. In addition, I also found another indicator called Weis Wave Volume with ZigZag so I'll include that in this post as well. Been banging my head against the wall trying to find an indicator that applies Elliot Waves on a 5,10,15 min time frame. The Squeeze indicator finds sections of the Bollinger Bands® study which fall inside the Keltner's Channels. Cycle Measure indicator: Same as Cycle Period indicator. Traders use oscillator indicators to show momentum. May 20, 2023 · Can you please convert this to upperstudy ? Anyone please help me with this script conversion @MerryDay : Can you please help me to convert this script to TOS Nov 6, 2019 · Another TradingView portLooking forward to thoughts, feedback, backtests, etc Here's some additional information regarding the Universal Oscillator, courtesy of LazyBear: Universal Oscillator by Mr. What is the best time frame to use with it, or with swing trading in general? Nov 7, 2025 · Author states: ScalpingTrend Buy/Sell is a simple and effective buy/sell indicator that works directly on the price chart. The TTM_Trend study is intended to indicate the true direction of the trend replacing false signals with true ones. I've Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Discover buy and sell signals, overbought and oversold levels, and backtesting strategies. com/threads/wa Dec 20, 2024 · Wave Trend Oscillator with Fractal Energy and divergence indicator indicator is used to identify potential trend changes and entry/exit points by analyzing the cyclical movements of price and divergences. It's great for both day trading and swing trading. With each timeframe agreeing sequentially, one SOON AFTER another. In his article, "Whiter is Brighter," Dr. It oscillates as price swings between different levels of the chart. Dec 19, 2018 · The following thinkScript of the true momentum oscillator was created by Mobius. Both versions are excellent candidates for trend and momentum Nov 6, 2019 · The Intraday Momentum Index (IMI), developed by Tushar Chande, is a cross-breed between RSI and Candlestick analysis. Veteran trader Sam Shames shares his TrendOscillator, the most reliable in trending & sideways markets. 02. The new indicator follows the swings We would like to show you a description here but the site won’t allow us. It helps to identify the current trend and spotting potential reversal. Apr 22, 2020 · Long time lurker, first time poster. 0 Framework # Improved ADX formula for Trend Detection # Integrated HeikinAshiCandles and Sep 22, 2017 · This is similar to regular WaveTrend Oscillator except: - replaces hlc3 input with a weighted log formula for better stability/performance on high volatility charts - zero-centered scaling - SMA crossovers above and below OB/OS thresholds are marked as buy/sell signals Wave Trend Indicator Explained: Trade The Best High Probability Setups Learn how to effectively use the Wave Trend Oscillator indicator in your trading strategy. So accurate it could be used as a stand alone indicator. Giving a much better picture of trend, tend reversals and divergence than But I wanted to provide a good one-stop resource for people looking for free thinkorswim resources, custom quote columns, scanners, chart studies, technical indicators, and strategies for the thinkorswim platform, and this list should definitely do that for you! How to Install thinkScripts and ThinkOrSwim Downloads – First Things First Popular tags: Support, Resistance, Trend, Range, Fibonacci, Wave, Divergence, Multi time frames (MTF), Swing, Volume, Overbought, Oversold Customization and Conversion for: MetaTrader (MT4, MT5), Thinkorswim, NinjaTrader, MultiCharts, Tradingview, Prorealtime, SierraChart, etc. 1 day ago · GHLA SuperTrend CCI High-Low Activator Oscillator A multi-layered trend and momentum indicator that combines Gann-inspired high/low levels, a SuperTrend mechanism, and a custom CCI oscillator. 01. Jun 22, 2019 · Originally converted by LazyBear to TradingView from the WaveTrend indicator for Forex Trading. It utilizes up to 32 filters with progressively longer periods to assess trend direction and strength. ElliotOscillator Description The Elliot Oscillator is a study used to identify waves for implementation of Elliott Wave Theory. Being a combination of a trendline with several horizontal levels (distant from each other based on Fibonacci ratios), they are said to be a powerful tool for determination of price objectives. Jan 2, 2023 · This is my first indicators post. WaveTrend Divergences, Candle Colouring and TP Signal [LuciTech] WaveTrend is a momentum-based oscillator designed to track trend strength, detect divergences, and highlight potential take-profit zones using Bollinger Bands. 1 @diazlaz - Added ADXPaintBarsMode # Integrated Derivative RSI Oscillator # 2020. Jun 18, 2019 · Here's the WaveTrend Oscillator script for ThinkorSwim. Get colored zones, signal arrows & confirmation filters for volume breakouts. License renew price will be 20% off for the 2nd year and after. Jan 12, 2022 · Hello I have not experience with programing, can anybody mix this 2 indicators together? Final result will be the Momentum_Squeeze with WaveTrend Oscillator using the Zero Line with the dots and Histogram from the Squeeze Thanks in advance, the code is below Mobius_Momentum_Squeeze Code # Mar 19, 2023 · The closer the sine wave is to the 0 line, or the longer it consolidates near the 0 line, the bigger the impulse is. I would love to use this on ThinkorSwim but I've no idea how to convert the script to TOS. The highest/lowest value of the oscillator might indicate a potential bullish/bearish Wave 3. #// As a bonus Wave Trend Signals are marked as well, these are very powerful however please use with Feb 15, 2024 · The WaveTrend oscillator is a commonly used indicator among day traders of all stripes. Part of the code is shamelessly stolen from the posts of @samer800 and others from different forums. Trend and support are your catalysts (unless you have some other exterior catalysts) Perceived false signals only occur when trend and support are not present. The Momentum study measures the velocity of price changes over a fixed time period. Here's the WaveTrend Oscillator script for ThinkorSwim. Price is bouncing off support with a positive volume wave and rising RSI on the 15min chart. 29 V3. I mostly use it ThinkOrSwim download page with Custom ThinkScript Indicators, Paper Money chart studies, premium trading strategies, stockhacker scans, & watchlist columns. May 23, 2024 · The Elliott Wave Oscillator is a forex trading indicator that includes oscillatory waves. First of all, the Rainbow Moving Average is used, then the result is consequently subjected to Double and Triple Exponential Moving Average Jul 8, 2022 · By far, my favorite substudy. com/threads/wavetrend-oscillator-with-signals-indicator-for-thinkorswim. Price delta gauges the change rate, providing a dynamic view of direction and intensity. The Squeeze indicator measures the relationship between two studies: Bollinger Bands® and Keltner's Channels. try it :) CODE - Updated with Bar color option #indicator("Heikin-Ashi oscillator for many with Background Color and div) # Created by Sam4Cok@Samer800 - 11/2022 # Updated: Color Similarly, when one of the oscillator's wave is below the oversold level and crosses above the signal level, it is considered a buy signal. Jul 14, 2025 · Learn thinkScript programming from scratch with practical examples. Additionally, WT plots the Wave Difference plot that shows the relationship between the high and low prices over specified period. The indicator raises my probabilities of catching the top. - Download FREE Elliott Wave Oscillator is a technical tool for trading Elliott Waves. When the market finishes a move Nov 19, 2019 · Hi guys. By default, the momentum is calculated as the difference between the latest close price and the close price 12 bars prior to it. 2 # #VERSION # 2020. The WaveTrend indicator is a popular technical analysis tool used to identify overbought and oversold conditions in the market and generate trading signals. Giving a much better picture of trend, trend reversals, and divergence. As the market tries to bottom after a sell off, there are gradually more candles with green bodies, even though prices remain in a narrow range. It calculates momentum using the delta of price. Just select a timeframe of choice and the May 25, 2025 · Wave patterns = Sustainable trends vs unsustainable spikes Regime labels = Plain English translation of what's happening Instead of wondering "Is this a real breakout or a fake-out?", you can see whether volume, money flow, momentum, and positioning all agree. Jul 4, 2023 · The Enhanced WaveTrend Oscillator is a modified version of the original WaveTrend. It provides dynamic signals for entering and exiting trades based on trend changes, helping traders stay aligned The Money Flow Oscillator (MFO) is a technical indicator developed by Vitali Apirine. Ehlers is an evolution of his SuperSmoother filter. Complete beginner-friendly tutorial with real examples. How can I use ThinkScript to detect the slow down and direction change as they are shown on the following chart? WaveTrend Oscillator for ThinkorSwim [LazyBear] BenTen Jun 18, 2019 3 4 5 Replies 84 Views 122K Aug 30, 2025 Mar 16, 2024 · Composite Trend Oscillator operates as an oscillator based on the concept of a moving average ribbon. This indicator combines two essential components: a trend-following tool and an overbought Feb 14, 2024 · The author states: This is Ichimoku Oscillator that creates different oscillator layers, calculates the trend and possible entry/exit levels by using Ichimoku Cloud features. Mar 5, 2023 · Detect Elliott Wave patterns with the Elliott Wave indicator, visualizing impulses and corrective waves. Giving a much better picture of trend, tend reversals and divergence than This Thinkorswim indicator combines features similar to L. Look for your favorite study to trigger in this area. The Elliott Wave Oscillator has been created to help in the process of identification of the Elliott’s Waves and of the market trends. Jul 6, 2025 · Learn how to use the WaveTrend Oscillator indicator in TradingView with Pine Script. The TTM_Wave study represents a combo wave that consists of "A Wave" (Wave1 plot) and "C Wave" (Wave2High and Wave2Low plots). Now available for ThinkorSwim platform. thinkScript Code # Dead Simple Reversal Points # Assembled by Dec 2, 2023 · The oscillator includes customizable settings such as VWAP source, lookback period, and buffer percentage. This code is for the Zero Lag MACD indicator from TradingView. The indicator monitors and tracks the diminishing momentum of the price for potential trend reversal. I found the script to install the wavetrend oscillator on thinkorswim, thanks for that tip. Boost your trading strategy today. According to the rules described by Barbara Star in her article "The DMI Stochastic ElliotOscillator Description The Elliot Oscillator is a study used to identify waves for implementation of Elliott Wave Theory. This indicator will automatically draw trend lines which include support and resistance marks on your chart. Apr 12, 2024 · What is the WaveTrend Oscillator? The WaveTrend Oscillator is a popular technical analysis indicator developed by LazyBear, a prominent trader and software developer in the financial markets. What It Does The upper indicator plots Jan 20, 2024 · The Wavetrend Oscillator is a popular technical analysis tool used by traders to detect changes in market momentum and potential reversal points in price trends. The main purpose of the STC is to identify or confirm price direction and market turning points. Elliott Waves can be identified using the following rules. " It features a May 26, 2014 · WaveTrend Oscillator is a port of a famous TS/MT indicator. It aims to provide traders with insights into the market’s current trend strength and potential reversals. #Schaff Wave Line can be used alone to enter trend #declared by the MACD. Two components of DMI are used in calculation: DI+ and DI-; the DMI oscillator calculates the difference between these components and represents it as both a line and a histogram. It combines elements of trend following and oscillators, aiming to provide a clear signal of trend reversals. In TTM_Trend, a bar is shown as bearish when the Average Price has closed in the lower 50% price range of the input-defined number of previous bars. Nov 14, 2022 · Enhanced Wave Trend Oscillator For ThinkOrSwim TG1212 Nov 12, 2024 Replies 3 Views 9K Sep 14, 2025 The SVEZLRBPercB study is a zero-lag oscillator designed by Sylvain Vervoort. When the oscillator is above the overbought band (red lines) and crosses down the signal (dotted line), it is usually a good SELL signal. Enhance trading strategies using Fibonacci retracements and comprehensive alerts for real-time market analysis. " According to the Forex indicator: It features a sophisticated algorithm which enables it to detect true reversals in a Feb 9, 2024 · The Wave Trend Oscillator is a technical indicator used by traders to gauge the momentum and the strength of a trend in the price of a security. On the sell signal, what is the difference between Pink and Purple color signals? Dec 18, 2018 · The following thinkScript of the true momentum oscillator was created by Mobius. The Universal Oscillator continues the series of technical indicators proposed by John Ehlers, based upon signal processing techniques. It adds a built in histogram (similar to ToS's built-in MACD indicator), and support for colored price candles that can be toggled on or off in the options. The ATR indicator is Mar 16, 2020 · This indicator finds possible points of reversion, you can use it to stack positions and get a good average price for when the price changes direction, it is the trader responsibility to manage the position and make a profit. com/threads/trmore The Momentum study measures the velocity of price changes over a fixed time period. This oscillator generates values that traders use to identify overbought … Continued Dec 17, 2018 · This is a Supertrend indicator for ThinkorSwim created by Mobius. Which timeframes Feb 10, 2019 · The Rahul Mohindar Oscillator spots potential reversal zones and identifies slowing of momentum. Oscillator Aug 20, 2019 · The larger oscillator corrections that challenge a preceding support or resistance trendline tend to be accurate and useful in defining the range of a higher timeframe fractal correction. Do we currently have any existing Elliot Wave script for ThinkorSwim? Maybe it doesn't exist. " It features a sophisticated algorithm which enables it to detect true reversals in a extremely accurate manner. TD D-Wave is a mechanical version of Elliott Wave based on high/low bar counts for each wave. Darker Green candles are a slowing of momentum. Start a Discussion. Apr 15, 2018 · Anyways, the reason for my post is that I have been searching for the TD D-Wave indicator for Ninjatrader and it seems that there was once a version of it a while back but after two days of searching for the indicator code, I'm left empty-handed. The best squeezes are the ones that fire off in the direction of the "C Wave". com # I am using the Heikin Ashi bar. It is based on the classic WaveTrend oscillator and focuses solely on buy/sell signals. It provides a clear visualization of market conditions to help traders identify trend shifts and exhaustion points. This is why I love using Lazybear’s Wave Trend with Crosses. Ehlers discusses that market data is akin to "pink noise" (a scientific term that refers to a type of noise where the power spectral density is stronger at lower frequencies). The indicator is an ideal tool for identifying trend reversals. Remove the assignPriceColor line in the code if you wish not to have the candles painted. A. IMI Aug 26, 2008 · Center of Gravity Indicator: Another Ehlers oscillator - I have not experimented much with this one - may require an additional trend indicator to help function best - do your own testing. thinkScript code indicators for use with ThinkorSwim platform. I have seen many Buy signals than Sell Signals missing out on shorts. If the Average Price has otherwise Dec 7, 2023 · Enhance trading precision using the Elliott Wave Oscillator. " According to the Forex indicator: It features a sophisticated algorithm which enables it to detect true reversals in a Aug 21, 2022 · Here is my first attempt at coding this, using a combination of the Adaptive Zones study and the Wave Oscillator study. It's useful for backtesting purposes and enhances your current trading setup. Embedded within this indicator is an alternative view that utilizes the separation of the ribbon filaments to assess volatility. The TTM_Trend study converts the normal chart to the view where irregularities are eliminated. Cyber Cycle Indicator: An early Ehlers indicator that attempts to measure market cycles. Little’s work on objective trend identification and pivot breakout evaluation using volume, with the work of David Weis and the Weis Wave concept, plus the ideas of Timothy Ord and his Ord-Volume indicator, as well as other traders/authors such as Nov 19, 2019 · # mashup: netarchitech #STSW = Schaff Trend Line and Schaff Wave Line #Schaff Trend Line = Used for quick up/down trend declaration #Schaff Wave Line = Trade Wave in the direction of trend as #declared by Trend Line. This strategy uses Mobius's Volume Wave, Trend Pivots, and RSI Laguerre indicators to identify trends. But if it does, let me know. Thanks The only thing I could find under The DMI Oscillator is a technical indicator which uses values of DMI in order to predict miscellaneous sides of market behavior. TQ Long Entry declare LONG_ENTRY; input tqfastLength = 52; input tqslowLength = 15; input tqtrendLength = 4; input Nov 4, 2019 · @skynetgen Correct the buy/sell signals are from the oscillator. 01 V3. Overview The Triple AO Wave Rider combines three different Awesome Oscillator timeframes into a unified momentum system that helps traders ride trends and identify wave exhaustion points. The enhanced version addresses certain limitations of the original indicator and introduces additional features for improved analysis and comparison across Jun 18, 2019 · Here's the WaveTrend Oscillator script for ThinkorSwim. Oct 29, 2022 · This dashboard consists of 3 different Trend Meters and a Trend Bar which are used to confirm trend Use as a supplementary Indicator to confirm your entries, but it is as good on it's own. " According to the Forex indicator: It features a sophisticated algorithm which enables it to detect true reversals in a Jun 18, 2019 · Here's the WaveTrend Oscillator script for ThinkorSwim. Jun 18, 2019 · Here's the WaveTrend Oscillator script for ThinkorSwim. It is calculated as the difference between two moving averages of median price: short and long ones. It offers clear visual representation and actionable signals for smart trading decisions. ThinkOrSwim download page with Custom ThinkScript Indicators, Paper Money chart studies, premium trading strategies, stockhacker scans, & watchlist columns. *I came across this "EZ Trend" indicator a couple months back that was put together by @BenTen * I've turned your indicator into a strategy and I'm very grateful for your work! - Let me start off by saying that I consider this an aggressive scalping Jan 9, 2025 · General Overview from the About Script Page: The Absolute Strength Index (ASI) is a next-generation oscillator designed to measure the strength and direction of price movements by leveraging percentile-based normalization of historical returns. Time targets are marked with their ordinal numbers. Fibonacci series is a sequence where each subsequent number is the sum of the previous two, with the Aug 1, 2023 · Discover the best thinkorswim indicators to help improve your trading. Sep 20, 2021 · Mobius Volume Waves, Trend Pivots and RSI Laguerre This strategy is based on Mobius's TOS chat found on JohnnyQuotron's OneNote Mobius states that the three indicators should be positive, on three timeframes. It achieves Apr 30, 2025 · VWMO > upper red dashed band = possibly overbought, but if the trend is up, it could mean strength continuation. Jan 25, 2020 · #CSA - trend, a momentum and a cycle based indicator for ThinkorSwim V3. This indicator for ThinkorSwim is called True Momentum Oscillator. Nov 13, 2019 · The wave line helps me a great deal to see the continuation of a trend, especially when the retrace is bouncing off a Fib 50% line. Feb 8, 2024 · The author states: The Kernel Regression Oscillator (ᏦᏒᎧ) represents an advanced tool for traders looking to capitalize on market trends. With MACD-based calculations and dynamic adaptability, it provides visual signals for potential trend shifts in both short- and long-term analyses. The concept has been added into an existing indicator by Mobius called Wolf Waves. This is an upper study, but I included the Wave Oscillator in the lower area for reference. Fibonacci retracements are an important element of Elliott Wave Theory. This is where the magic happens, folks. Compared to traditional indicators like moving averages or MACD, it combines cyclical patterns with momentum to more clearly identify the beginning and end of trends. While sharing the purpose of these indicators and some of their calculation steps, the MFO attempts to Feb 26, 2019 · Here is the Weis Wave Volume indicator for ThinkorSwim converted from the Lazy Bear's version over at TradingView. The ElliotWave Oscillator can also keep you on the right side of the trade without exiting prematurely. TMV is a system based on technical indicators analyzing trend, momentum, volatility, and volume (TMV). Isolating the white spectrum (whose power Feb 20, 2016 · LazyBear's wavetrend oscillator enhanced with wavetrend cross visualization on the indicator as well as with bar color highlights. The indicators should show positive signals on three successive timeframes (such as 15min, 1hr, and 4hr). 233/ Nov 15, 2024 · The sign of the DMI oscillator is indicated by the color of the price bars (which correlates with the color of the DMI histogram). The Wave Trend Oscillator indicator for MetaTrader is a forex technical indicator built to follow the trend of the market. thinkScript Code # EZ Trend & Momentum # Assembled by BenTen at useThinkScript. VWMO < lower green dashed band = possibly oversold, but if price is holding, could be absorption or reversal brewing. …more Jun 18, 2019 · #WaveTrend Oscillator script for ThinkorSwim. In this study, rather than using RSI for the calculation, the Dual Volume Divergence Index oscillator is utilized. SeriesCount Description The Series Count study finds time targets for implementation of Elliott Wave Theory. This indicator gives a good signals of when to get Sep 8, 2019 · The Advanced Market Forecast indicator is a powerful tool that offers near term trend, intermediate, and momentum oscillator for ThinkorSwim. In addition, TTM_Wave measures both the short and longer term trends on whatever market and whatever time frame you are watching. Dec 18, 2020 · Indicator / Label True Momentum Oscillator by Mobius: TMO calculates momentum using the delta of price. Nov 12, 2024 · The Enhanced WaveTrend Oscillator is a modified version of the original WaveTrend. Could just be a pullback before continuing its upward Sep 8, 2023 · Most Popular Thinkorswim Indicators For Trend Identification When you’re navigating the thinkorswim platform, you’ll notice a tab specifically for indicators. Using 1000/1600 as support/resistance and the wave trend and FE as confirmation that a big move is coming or the current trend/cycle is out of gas. May 5, 2021 · Deepwater, thanks for sharing it with the community. It operates by comparing the average price of a security to its high and low prices over a given period. The Schaff Trend Cycle (STC) is a technical indicator developed by Doug Schaff as an improvement on cycle oscillators and the MACD. A bar is called time target if its ordinal number (from the specified date and time) is an element of the Fibonacci or Lucas series. Guest post by Paul Bratby of My Trading Buddy on Elliot Waves that occur in the financial markets. It is calculated as the difference between a price component and its moving average with a variable length. The problem is figuring out if it fires to the upside or the downside. Jun 5, 2022 · On your lower timeframe, you want to see the oscillator/trend to be all bullish, supported and confirm that the pullback has reversed. The price component is selected based on the mode. Indicator / Label Chris Stop Light by Chris Ball: A dashboard that includes Momentum, CCI, RSI, Bollinger Bands, Chop, and ADX. 0 @diazlaz - Modules Restructured 3. The new indicator follows the swings Nov 20, 2019 · Repaints Multi-Time Frame True Momentum Oscillator (MTF) for ThinkorSwim Jan 16, 2025 · Learn ThinkScript from scratch - the easiest way to create custom indicators, alerts, and automated strategies on Thinkorswim. Provides a clear visual representation of market trends. https://usethinkscrip Sep 15, 2024 · Author Message: The Gaussian Filter - BigBeluga indicator is a trend-following tool that uses a Gaussian filter to smooth price data and identify directional shifts in the market. The strategy then looks for confirmation of the trend on the 1hr and 4hr charts before Apr 30, 2019 · Bulkowski's 1-2-3 pattern helps to detect trend change. Supertrend Indicator: shows trend direction and gives buy or sell signals according to that. Its principle is akin to PercentB developed by John Bollinger, however, the formula is applied to modified data: price is subjected to smoothing using several moving averages. How It Works: The oscillator calculates price deviation from a mean value and Aug 4, 2025 · For some reason the wave_trend_oscilator is not showing in the study on my chart, any idea how to fix it? Nov 4, 2019 · Talochka Member Nov 19, 2019 #140 tomsk said: @Talochka The wave trend oscillator can be found here https://usethinkscript. The new indicator follows the swings. #Schaff Wave can be used with the EMA for signals Nov 26, 2022 · I created this indicator with multiple oscillator option, background color as per the selected osc and divergence. Cycle Trend analytics can be used in two modes: cycle and trend. Came LazyBear over at TradingView version that was ported from TS/MT, also known as "The Perfect Leading Indicator. Namely, green, red & grey price bars correspond to the DMI oscillator above, below and equal to zero. Here are the details below. Feb 12, 2019 · However, some clever use of indicators, we can get pretty damn close. Developed by Zeiierman, this indicator offers a Oct 23, 2016 · Weis Wave Volume, Zig Zag & Ord-Volume Indicator for ThinkOrSwim The Weis Wave Volume & Ord-Volume indicator combines features similar to L. It automatically draws the most current trend line and can work on any instrument or timeframe. From Moving Averages to the more complex stochastic oscillators, these indicators are the backbone of your trading strategy. Been really busy lately, but finally had time to sit down and code a bit. The Elliott Wave Oscillator is the difference of, a 34 and a 5 period, simple moving average (SMA). First, the DVDI oscillator Welcome to useThinkScript. It is based on a combination of the average price rate in the current period along with a volatility indicator. In the cycle mode, the price component is a Dec 2, 2022 · Author Message: his is an experimental study inspired by the Quantitative Qualitative Estimation indicator designed to identify trend and wave activity. thinkorswim WaveTrend Oscillator. The idea of this indicator is to trade with the trend. IMI determines the candle type that dominated the recent price action, using that to pinpoint the extremes in intraday momentum. Both the price type and the offset period are customizable. Feb 21, 2025 · What is Schaff Trend Cycle? The Schaff Trend Cycle (STC) is an oscillator-type indicator designed to detect trend reversals in a timely manner. Dec 21, 2016 · thinkorswim WaveTrend Oscillator. 2 @diazlaz - Added SWCA - Schaff Wave CrossOver Average # 2020. I use the 512 primarily just for picking my entry and exit. Colored price bars and the DMI oscillator make it easy for trend traders to recognize changes in short-term trends. Author's notes: EWO has: Higher values during third waves' Oct 23, 2016 · This ThinkOrSwim indicator combines Weis Wave Volume, Ord-Volume, and LA Little's Neoclassical trend concepts into one powerful indicator. It is a great filter for the squeeze. You will find a "Trend" setting where you can use longer length periods to give you the trend. This indicator provides clear visual signals for wave strength, acceleration, and potential reversal zones. ugy raox quidv mjkwz zjf hbmm kylkmc tekqs zbjgf mcxlk vfjyjte vzme fso iapf suffxr