Elliott Wave Absolute Tradingview 💯 Best Pick

//@version=5 indicator("Elliott Wave Absolute Validator", overlay=true) // Inputs len = input.int(14, "Momentum Length") waveDegree = input.string("Medium", "Wave Degree", options=["Small", "Medium", "Large"])

// Plot valid impulse zones validImpulse = isWave3Volume and not bearishDiv bgcolor(validImpulse ? color.new(color.green, 85) : na) elliott wave absolute tradingview

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// Condition 1: Impulse Wave Volume Confirmation (Wave 3 should have highest volume) volSMA = ta.sma(volume, 20) isWave3Volume = volume > volSMA * 1.5 //@version=5 indicator("Elliott Wave Absolute Validator"

// Auto-label potential wave 3 start if ta.cross(close, ta.sma(close, 50)) and validImpulse label.new(bar_index, low, "🚀 Potential Wave 3", color=color.green, textcolor=color.white) overlay=true) // Inputs len = input.int(14