OPEN-SOURCE SCRIPT
Hosoda Waves ABCDE

The Hosoda Waves indicator was devised by Goichi Hosoda, who is also the creator of the Ichimoku system, with the idea that previous highs and lows could determine future price ranges that the market would react to.
Hosoda's projections are the NT, N, V, and E waves, which are derived from calculations based on both upward and downward ABC swings.
Hosoda's waves are derived from the following calculations:
NT Wave = C + (C - A)
N Wave = B + (B - A)
V Wave = B + (B - C)
E Wave = C + (B - A)
There are already scripts for the Hosoda waves, and my idea is to project an ABCDE swing simultaneously, meaning projecting three swings:
ABC, indicated with an A, resulting in NT-A, N-A, V-A, E-A.
BCD, indicated with a B, resulting in NT-B, N-B, V-B, E-B.
CDE, indicated with a C, resulting in NT-C, N-C, V-C, E-C.
Once the indicator is applied to the chart, the interactive Pine Script tool version 5 will prompt you to identify 5 points of "low-high-low-high-low" or "high-low-high-low-high," both for upward and downward movements and mixed.
Once clicked, these price points can be moved. If you change the time frame or market instrument, the indicator must be removed because it remains tied to the prices where it was initially drawn.
Hosoda's projections are the NT, N, V, and E waves, which are derived from calculations based on both upward and downward ABC swings.
Hosoda's waves are derived from the following calculations:
NT Wave = C + (C - A)
N Wave = B + (B - A)
V Wave = B + (B - C)
E Wave = C + (B - A)
There are already scripts for the Hosoda waves, and my idea is to project an ABCDE swing simultaneously, meaning projecting three swings:
ABC, indicated with an A, resulting in NT-A, N-A, V-A, E-A.
BCD, indicated with a B, resulting in NT-B, N-B, V-B, E-B.
CDE, indicated with a C, resulting in NT-C, N-C, V-C, E-C.
Once the indicator is applied to the chart, the interactive Pine Script tool version 5 will prompt you to identify 5 points of "low-high-low-high-low" or "high-low-high-low-high," both for upward and downward movements and mixed.
Once clicked, these price points can be moved. If you change the time frame or market instrument, the indicator must be removed because it remains tied to the prices where it was initially drawn.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.