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Find and draw Wolfe Waves on a stock.

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This indicator finds and draws Wolfe Waves on a stock.

The Wolve Waves are detected after a point 5 of this pattern.

 

 

 

 

Advantages:

  • no parameters to setup. You have only 2 checkboxes :
    • “wolfe” draws the lines of the pattern.
    • “TakeProfit” draws the support-line for an invalidation of the pattern and the takeproft-line.
  • it could be used in DAILY or WEEKLY timeframe.
  • a screener is available to find this pattern on a list of stocks.

 

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