WOLFE WAVE Indicator Needed

[forsearch]

Ain't capitalism great! Aren't you all glad you did his dirty work for him?

Of course, next he'll just setup a website like Carter/Senters did at TTM using "open source code" from the TS forums...

-fs

[thrunner]

Hey Ropulos, we hardly knew you


But really, what does it matter? I am sure for every Ropulos, there are dozens of traders that got some real use out of this thread and other threads like this on TL.

[waveslider]

still that's really a low-life thing to do. Why not just sell a link to trader's lab?

[sunilrohira]

I saw the post by Ropulos and then I saw the eBay ad:

http://cgi.ebay.com/WOLFE-WAVES-INDI...3A1%7C294%3A50

Can someone please help with a Tradestation ELD ELA file. I saw the kind post by BluRay. Thank you.

[unclemike]

has anyone done an ELD for the Wolfe Wave? I would like to take a look at it in TS. Thanks in advance for anyone who is kind enough to post it.

Uncle Mike

[sep34]

Posted in the wrong area

[tlfx]

Originally Posted by forsearch Ain't capitalism great! Aren't you all glad you did his dirty work for him? Of course, next he'll just setup a website like Carter/Senters did at TTM using "open source code" from the TS forums... -fs

Lol that guy.

Can't believe it...

[waveslider]

I see things I designed years ago (that don't work very well) that people are still trading and posting. This business is sleazy and unfortunate...
Ropulos is the lowest of the low.
PS anyone looking for the magic indicator - it doesn't exist.

[indicator-master]

this is what i have in my system:






[LegacyColorValue = true];

{======================== ===============HEADER==== ===================

Study based on Connors & Raschke's "Wolfe Waves"

========================= ========= DECLARATIONS =======================}

INPUTS:
TICKCHG(0), {Change (number of ticks) required to set up a new swing high/low.}
PCTCHG(.2), {Percent change in price to set up a new swing high/low}
OCCUR(1),
PLOTBARS(20),
ETALINE(TRUE),
ZIGZAG(TRUE);


ARRAY:
PBAR[50](0),
P[50](0);

VARS:
X(0),
PP(1),
JA_SLOPE1(0),
JLA_CTR(0),
JLA_LINE(0),
JAIRHBAR(0), { LAST SWING HIGH BAR}
JAIRLBAR(0), {LAST SWING LOW BAR}
LOWSEEK(FALSE), {LOOKING FOR A LOW OR A HIGH?}
W(0), {COUNTER}
JLA_IRH(0), {LAST SWING HIGH VALUE}
JLA_IRL(99999), {LAST SWING LOW VALUE}
JA_SLOPE2(0),
JA_SLOPE3(0),
JLA_PT1(0),
WOLFE(0);


{==================MAIN PROGRAM================== =======}

IF CURRENTBAR = 1 THEN P[50] = C;

IF LOWSEEK = FALSE AND P[50] <= H THEN
BEGIN
P[50] = H;
PBAR[50] = 0;
END;


IF LOWSEEK = TRUE AND P[50] >= L THEN
BEGIN
P[50] = L;
PBAR[50] = 0;
END;

IF (LOWSEEK = FALSE AND PBAR[50] <> 0) THEN
BEGIN
IF (TICKCHG = 0
AND L < P[50] * ( 1 - PCTCHG / 100) )
OR (TICKCHG <> 0
AND L < ( P[50] - tickchg * minmove points)) THEN
BEGIN
IF ZIGZAG = TRUE THEN PLOT4[PBAR[50]](P[50],"SWINGS");

LOWSEEK = TRUE;

FOR W = 1 TO 49
BEGIN
PBAR[W] = PBAR[W+1];
P[W] = P[W+1];
END;

P[50] = L;
PBAR[50] = 0;
END;
END;

IF (LOWSEEK = TRUE AND PBAR[50] <> 0) THEN
BEGIN
IF (TICKCHG = 0
AND H> P[50] * ( 1 + PCTCHG / 100))
OR (TICKCHG <> 0
AND H > (P[50] + tickchg * minmove points )) THEN
BEGIN
IF ZIGZAG = TRUE THEN PLOT4[PBAR[50]](P[50],"SWINGS");
LOWSEEK = FALSE;

FOR W = 1 TO 49
BEGIN
PBAR[W] = PBAR[W+1];
P[W] = P[W+1];
END;

P[50] = H;
PBAR[50] = 0;
END;
END;


IF TIME = LASTCALCTIME
AND DATE = LASTCALCDATE
AND P[48 - PP] <> 0 THEN
BEGIN
PP = -1;
WOLFE = 0;
WHILE WOLFE < OCCUR AND PP < 46
BEGIN
PP = PP + 1;
VALUE1 = P[47-PP];
VALUE2 = P[48-PP];
VALUE3 = P[49-PP];
VALUE4 = P[50-PP];

CONDITION1 =
VALUE2 > VALUE1
AND VALUE4 > VALUE3
AND VALUE4 < VALUE2
AND VALUE3 < VALUE1
AND VALUE4 > VALUE1;

CONDITION2 =
VALUE2 < VALUE1
AND VALUE4 < VALUE3
AND VALUE4 > VALUE2
AND VALUE3 > VALUE1
AND VALUE4 < VALUE1;

IF CONDITION1 OR CONDITION2 THEN WOLFE = WOLFE + 1;
END;



JA_SLOPE1 = (P[49-PP] - P[47-PP]) / (PBAR[47-PP] - PBAR[49-PP]);
JA_SLOPE2 = (P[50-PP] - P[47-PP]) / (PBAR[47-PP] - PBAR[50-PP]);


{LINE 1-3}
VALUE90 = TL_New(DATE[PBAR[47-PP]],TIME[PBAR[47-PP]],P[47-PP],
DATE[PBAR[49-PP]], TIME[PBAR[49-PP]],P[49-PP]);
Value14=TL_SetColor(VALUE 90, 5);
{VALUE93 = TL_SetExtRight(VALUE90,TR UE);}
VALUE94 = TL_SETEND(VALUE90,DATE[PBAR[49-PP]-PLOTBARS],TIME[PBAR[49-PP]-PLOTBARS],TL_GETVALUE(VALUE90,DATE[PBAR[49-PP]-PLOTBARS],TIME[PBAR[49-PP]-PLOTBARS]));

{LINE 1-4}
VALUE91 = TL_NEW(DATE[PBAR[47-PP]],TIME[PBAR[47-PP]],P[47-PP],
DATE[PBAR[50-PP]], TIME[PBAR[50-PP]],P[50-PP]);
Value14=TL_SetColor(VALUE 91, 16);
TL_SETEND(VALUE91,DATE[PBAR[49-PP]-PLOTBARS],TIME[PBAR[49-PP]-PLOTBARS],TL_GETVALUE(VALUE91,DATE[PBAR[49-PP]-PLOTBARS],TIME[PBAR[49-PP]-PLOTBARS]));

{ETA LINE}

IF ETALINE THEN
BEGIN
VALUE92 = TL_NEW(DATE[PBAR[48-PP]],TIME[PBAR[48-PP]],P[48-PP],
DATE[PBAR[50-PP]], TIME[PBAR[50-PP]],P[50-PP]);
Value14=TL_SetColor(VALUE 92, 4);
TL_SETEND(VALUE92,DATE[PBAR[50-PP]-PLOTBARS],TIME[PBAR[50-PP]-PLOTBARS],TL_GETVALUE(VALUE92,DATE[PBAR[50-PP]-PLOTBARS],TIME[PBAR[50-PP]-PLOTBARS]));

END;
END;

IF DATE = LASTCALCDATE
AND TIME = LASTCALCTIME
AND ZIGZAG = TRUE THEN
BEGIN
JA_SLOPE3 = (P[50] - P[49]) / (PBAR[49] - PBAR[50]);
FOR JLA_CTR = PBAR[49] DOWNTO PBAR[50]
BEGIN
PLOT4[JLA_CTR](P[49] + (PBAR[49] - JLA_CTR) * JA_SLOPE3,"Swings");
END;
END;

FOR W = 1 TO 50
BEGIN
PBAR[W] = PBAR[W]+1;
END;

[sunilrohira]

Many Thanks Indicator Master.