DCA Wave Projection

6시간 전

DCA Wave Projection

A sophisticated educational indicator for Elliott Wave and Wave Theory practitioners, offering adaptive pivot detection and multi-scenario projections to support structured technical analysis. Built for traders seeking precision in wave identification, it integrates volatility-adjusted zigzags with Fibonacci-derived targets, providing layered insights into potential continuations and reversals.

Each projection includes contextual tooltips with empirical historical frequency data, enabling informed assessment of pattern reliability based on the asset's past behavior.



Core Capabilities.
Volatility-Responsive ZigZag Detection. Automatically calibrates pivot sensitivity using ATR and golden ratio scaling, delivering consistent swing capture across varying market conditions and timeframes, reducing subjective adjustments while highlighting meaningful highs/lows.

Dual-Path Projections with Probabilistic Layering.
Primary (impulse continuation) and Alternative (corrective reversal) scenarios, each featuring three graduated levels informed by prior leg distributions. Tooltips on pivots and endpoints detail wave rationale, Fib ratios, and conditional historical hit rates (e.g., "This extension aligned in 62% of comparable setups").




Extended Wave Modeling for Comprehensive Analysis.
Modular toggles for Waves 2-5, including nuanced Wave 4 retracements (0.236 to 0.5 Fibs). Incorporate post-impulse ABC corrections or embed them as Wave 4 variants, with ABCDE extensions for deeper corrective analysis, all visually layered for clarity.



Customization and Visual Precision.
Timeframe-normalized projection horizons, curved/solid line options, color gradients for directional bias (e.g., ascending blues/greens vs. descending reds/oranges), and label toggles. Scale outputs via multipliers for strategy alignment, whether manual trading or algorithmic backtesting.

Practical Application in a Trading Workflow.
Envision deploying this on a 4H EUR/USD chart: Adaptive zigzags delineate a nascent Wave 1 advance, projecting three Primary targets with tooltips quantifying historical alignment (e.g., "Level 2: 1.618 extension, observed in 71% of upward impulses exceeding 50% retrace depth").

Cross-reference Alternative reversal levels against key EMAs for risk framing, or extend to ABC post-Wave 5 for pullback planning in equity portfolios. On volatile assets like BTC/USD (daily), the scaling shines by filtering noise, spotlighting high-conviction Wave 3 thrusts.

Pair with ancillary studies, RSI divergences for invalidation cues or volume profiles for thrust validation, to construct a multi-layered thesis. Input versatility supports stylistic variance: Compress scales for scalping setups or elongate for positional holds, always emphasizing confluence over isolation.


This indicator is expressly designed for educational and analytical exploration. Trading and investing entail substantial risk of capital loss; no element of this tool forecasts, endorses, or assures future market behavior. Historical derivations serve illustrative roles only and do not presage recurrence.
It constitutes neither investment recommendation nor financial advice. Undertake thorough personal research, consider your risk tolerance, and seek guidance from licensed professionals before any action.

2시간 전

릴리즈 노트

- **ABC Waves Control Fix**: Resolved issue preventing full disable of ABC corrective waves. Now respects the "Show ABC Corrective Waves (as Wave 4 after Wave 3)" toggle independently, even with Full EW enabled—cleaner customization for reversal/continuation views.

- **Input Enhancements**: Added helpful tooltip to the Adaptive Zigzag Length option, noting optimal use on 4H+ charts for volatility adaptation. Default now off for smoother performance on shorter timeframes.

- **Minor Polish**: Streamlined projection rendering for fewer visual overlaps; no functional changes to core zigzag or Fib logic.

2시간 전

릴리즈 노트

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38분 전

릴리즈 노트

User Interface Improvements
- **New Input Toggle**: Introduced `showWave2ABC` option to independently enable/disable ABC projections for Wave 2, allowing finer control without affecting other corrective waves.

Bug Fixes
- **Line Style Rendering**: Resolved an issue where line styles (solid arrow vs. dashed) were not properly applied in certain projection branches, ensuring consistent visuals for primary (solid) and alternative (dashed) scenarios.

Performance & Stability
- Minor optimizations in projection calculations by centralizing common ABC logic, improving maintainability and reducing potential for future inconsistencies.
- No changes to core zigzag detection, historical leg analysis, or timeframe-adaptive features.