Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

ropulos

WOLFE WAVE Indicator Needed

Recommended Posts

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...

 

 

 

 

 

 

 

 

img1.jpgimg2.jpgimg3.jpgimg4.jpg

img9.jpgimg10.jpg

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

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(VALUE90, 5);

{VALUE93 = TL_SetExtRight(VALUE90,TRUE);}

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(VALUE91, 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(VALUE92, 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;

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.