This indicator detects equal highs and lows by comparing prices within user-defined left and right bars using a tolerance percentage. It plots horizontal lines on the price chart for equal highs in one color and lows in another. A screener allows input of mult
Indicator · Pine Script v6 · On the chart
ETHUSD Elliott Wave Count
This indicator overlays precomputed Elliott Wave count structures directly on the price chart for ETHUSD.
GitHub stars1on the repository
Pine versionv6current
Lines of code802
Settings22inputs
LicenceNone stated
Last update3 months ago18 Jul 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
ETHUSD Elliott Wave Count draws motive and corrective wave paths across primary and alternate wave scenarios, along with wave projections, subwaves, channels, invalidation levels, and price targets. Input settings allow users to select which wave count to display, toggle specific visual elements like labels or channels, and customize line and label colors. Because wave pivot timestamps and price levels are hardcoded, the plots reflect fixed analysis rather than dynamic counts generated from live price action.
- Primary and alternate Elliott Wave counts
- Invalidation and target level markers
- Wave projections and subwave labels
- Configurable wave channel display
Details
Published by
fededamis on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Trend, Support & resistance
Markets
Crypto
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show Count | string | Primary Only | showCount |
| Show Invalidation Levels | bool | true | showInval |
| Show Targets | bool | true | showTargets |
| Show Legend | bool | true | showLegend |
| Legend Position | string | Bottom Right | legendPos |
| Show Projections | bool | true | showProj |
| Show Labels | bool | true | showLabels |
| Show Subwaves | bool | true | showSubwaves |
| Show Channel | bool | false | showChannel |
| Primary Up (Motive) | color | color.aqua | PR_MOTIVE_UP |
| Primary Down (Motive) | color | color.fuchsia | PR_MOTIVE_DN |
| Primary Corrective | color | color.orange | PR_CORRECTIVE |
Show all 22 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Invalidation Level | color | color.red | PR_INVAL_COL |
| Target Level | color | color.lime | PR_TARGET_COL |
| Alt Up (Motive) | color | color.rgb(85, 153, 170) | AL_MOTIVE_UP |
| Alt Down (Motive) | color | color.rgb(170, 85, 170) | AL_MOTIVE_DN |
| Alt Corrective | color | color.rgb(170, 119, 51) | AL_CORRECTIVE |
| Alt Invalidation | color | color.rgb(204, 68, 68) | AL_INVAL_COL |
| Alt Target | color | color.rgb(68, 136, 68) | AL_TARGET_COL |
| Primary Channel | color | color.aqua | PR_CHANNEL_COL |
| Alt Channel | color | color.rgb(85, 153, 170) | AL_CHANNEL_COL |
| Subwave Label Transparency | int | 0 | swLabelTransp |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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