OPEN-SOURCE SCRIPT

CRR 5P ZZ SIMPLE

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It detects High and Low pivots using the number of bars you choose.

It connects these pivots, forming a professional ZigZag pattern.

Every time the price changes direction (from high to low or low to high), it draws a new leg of the movement.

Each leg receives a number from 1 to 5, showing the "Elliott" wave sequence simply and automatically.

⚙️ How does it work?

It identifies a HIGH pivot → bullish leg.

It identifies a LOW pivot → bearish leg.

When it detects a change from HIGH to LOW or LOW to HIGH:

It draws the ZigZag line.

It advances the wave counter (1–5).

It places a number in the middle of the line.

Green lines represent bullish legs,
red lines represent bearish legs.

🎯 What is it for?

To see the real market structure without noise.

To quickly identify key movements.

To help you understand the 1–5 wave progression without complications.

Ideal for scalping, day trading, and structural analysis.

If you'd like, I can create a short manual, a client version, or a marketing-style explanation for social media.

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.