WAVES Of WOLFE

This topic has 14 replies, 7 voices, and was last updated 4 years ago by Moufi.

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04/15/2017 at 7:10 AM #32090

ALE

Hi,

many people ask for waves of wolfe code in prorealtime, someone is able to translate the code from easy language to PRT languege?

Thanks in advance

Ale

//Wolfe Wave Pattern --------------------------- 
Pa:=Trough(4,LOW,5); Pb:=Peak(3,HIGH,5); P1:=Trough(3,LOW,5); P2:=Peak(2,HIGH,5); P3:=Trough(2,LOW,5); P4:=Peak(1,HIGH,5); P5:=Trough(1,LOW,5); tb:=TroughBars(1,LOW,5); eki1:=If(tb<=4 AND p1 > pa AND pb < p2 AND p1 < p4 AND p1 > p3 AND p3 > p5 AND p4 < p2,1,0); p1:=Trough(3,LOW,5); 
p3:=Trough(2,LOW,5); p5:=Trough(1,LOW,5); o1:=p1-p3; o2:=p1-p5; a1:=TroughBars(3,LOW,5)-TroughBars(2,LOW,5); a2:=TroughBars(3,LOW,5)-TroughBars(1,LOW,5); tan1:=o1/a1; 
tan2:=o2/a2; eki2:=Abs(tan1-tan2); If(eki1 AND eki2 <= .2 ,2,0 

//Codice Easy language ==============HEADER============== 
//Study based on Connors & Raschke's "Wolfe Waves" 
//====== DECLARATIONS ==== 
INPUTS: TICKCHG(10), {Change (number of ticks) required to set up a new swing high/low.} PCTCHG(.2), {Percent change in price to set up a new swing high/low} OCCUR(1), PLOTBARS(40), ETALINE(TRUE), ZIGZAG(TRUE); 
ARRAY: PBAR[50](0), P[50](0); 
VARS: X(0), PP(1), JA_SLOPE1(0), JLA_CTR(0), JLA_LINE(0), JAIRHBAR(0), { LAST SWING HIGH BAR} JAIRLBAR(0), {LAST SWING LOW BAR} LOWSEEK(FALSE), {LOOKING FOR A LOW OR A HIGH?} W(0), {COUNTER} 
JLA_IRH(0), {LAST SWING HIGH VALUE} JLA_IRL(99999), {LAST SWING LOW VALUE} JA_SLOPE2(0), JA_SLOPE3(0), 
JLA_PT1(0), WOLFE(0); 
{===========MAIN PROGRAM============} 

IF CURRENTBAR = 1 THEN P[50] = C; 
IF LOWSEEK = FALSE AND P[50] <= H THEN BEGIN P[50] = H; PBAR[50] = 0; 
END; 
IF LOWSEEK = TRUE AND P[50] >= L THEN BEGIN P[50] = L; PBAR[50] = 0; 
END; 
IF (LOWSEEK = FALSE AND PBAR[50] <> 0) THEN BEGIN IF (TICKCHG = 0 AND L < P[50] * ( 1 - PCTCHG / 100) ) 
OR (TICKCHG <> 0 AND L < ( P[50] - tickchg * minmove points)) THEN BEGIN IF ZIGZAG = TRUE THEN PLOT4[PBAR[50]](P[50],"SWINGS"); 
LOWSEEK = TRUE; 
FOR W = 1 TO 49 BEGIN PBAR[W] = PBAR[W+1]; P[W] = P[W+1]; 
END; 
P[50] = L; PBAR[50] = 0; END; END; 
IF (LOWSEEK = TRUE AND PBAR[50] <> 0) THEN BEGIN IF (TICKCHG = 0 

AND H> P[50] * ( 1 + PCTCHG / 100)) OR (TICKCHG <> 0 AND H > (P[50] + tickchg * minmove points )) THEN BEGIN IF ZIGZAG = TRUE THEN PLOT4[PBAR[50]](P[50],"SWINGS"); LOWSEEK = FALSE; 
FOR W = 1 TO 49 BEGIN PBAR[W] = PBAR[W+1]; P[W] = P[W+1]; 
END; 
P[50] = H; PBAR[50] = 0; END; END; 
IF TIME = LASTCALCTIME AND DATE = LASTCALCDATE AND P[48 - PP] <> 0 THEN BEGIN PP = -1; WOLFE = 0; WHILE WOLFE < OCCUR AND PP < 46 BEGIN PP = PP + 1; VALUE1 = P[47-PP]; VALUE2 = P[48-PP]; VALUE3 = P[49-PP]; VALUE4 = P[50-PP]; 
CONDITION1 = VALUE2 > VALUE1 AND VALUE4 > VALUE3 AND VALUE4 < VALUE2 AND VALUE3 < VALUE1 AND VALUE4 > VALUE1; 

CONDITION2 = VALUE2 < VALUE1 AND VALUE4 < VALUE3 AND VALUE4 > VALUE2 AND VALUE3 > VALUE1 AND VALUE4 < VALUE1; 
IF CONDITION1 OR CONDITION2 THEN WOLFE = WOLFE + 1; END; 
JA_SLOPE1 = (P[49-PP] - P[47-PP]) / (PBAR[47-PP] - PBAR[49-PP]); JA_SLOPE2 = (P[50-PP] - P[47-PP]) / (PBAR[47-PP] - PBAR[50-PP]); 
{LINE 1-3} VALUE90 = TL_New(DATE[PBAR[47-PP]],TIME[PBAR[47-PP]],P[47-PP], DATE[PBAR[49-PP]], TIME[PBAR[49-PP]],P[49-PP]); Value14=TL_SetColor(VALUE90, 5); {VALUE93 = TL_SetExtRight(VALUE90,TRUE);} VALUE94 = TL_SETEND(VALUE90,DATE[PBAR[49-PP]-PLOTBARS],TIME[PBAR[49-PP]- PLOTBARS],TL_GETVALUE(VALUE90,DATE[PBAR[49-PP]-PLOTBARS],TIME[PBAR[49-PP]-PLOTBARS])); 
{LINE 1-4} VALUE91 = TL_NEW(DATE[PBAR[47-PP]],TIME[PBAR[47-PP]],P[47-PP], DATE[PBAR[50-PP]], TIME[PBAR[50-PP]],P[50-PP]); Value14=TL_SetColor(VALUE91, 16); TL_SETEND(VALUE91,DATE[PBAR[49-PP]-PLOTBARS],TIME[PBAR[49-PP]- PLOTBARS],TL_GETVALUE(VALUE91,DATE[PBAR[49-PP]-PLOTBARS],TIME[PBAR[49-PP]-PLOTBARS])); 
{ETA LINE} 
IF ETALINE THEN BEGIN VALUE92 = TL_NEW(DATE[PBAR[48-PP]],TIME[PBAR[48-PP]],P[48-PP], DATE[PBAR[50-PP]], TIME[PBAR[50-PP]],P[50-PP]); Value14=TL_SetColor(VALUE92, 4); TL_SETEND(VALUE92,DATE[PBAR[50-PP]-PLOTBARS],TIME[PBAR[50-PP]- PLOTBARS],TL_GETVALUE(VALUE92,DATE[PBAR[50-PP]-PLOTBARS],TIME[PBAR[50-PP]-PLOTBARS])); 

END; END; 
IF DATE = LASTCALCDATE AND TIME = LASTCALCTIME AND ZIGZAG = TRUE THEN BEGIN 
JA_SLOPE3 = (P[50] - P[49]) / (PBAR[49] - PBAR[50]); FOR JLA_CTR = PBAR[49] DOWNTO PBAR[50] BEGIN PLOT4[JLA_CTR](P[49] + (PBAR[49] - JLA_CTR) * JA_SLOPE3,"Swings"); END; 
END; 
FOR W = 1 TO 50 BEGIN PBAR[W] = PBAR[W]+1; END;

//Wolfe Wave Pattern ---------------------------

Pa:=Trough(4,LOW,5); Pb:=Peak(3,HIGH,5); P1:=Trough(3,LOW,5); P2:=Peak(2,HIGH,5); P3:=Trough(2,LOW,5); P4:=Peak(1,HIGH,5); P5:=Trough(1,LOW,5); tb:=TroughBars(1,LOW,5); eki1:=If(tb<=4 AND p1 > pa AND pb < p2 AND p1 < p4 AND p1 > p3 AND p3 > p5 AND p4 < p2,1,0); p1:=Trough(3,LOW,5);

p3:=Trough(2,LOW,5); p5:=Trough(1,LOW,5); o1:=p1-p3; o2:=p1-p5; a1:=TroughBars(3,LOW,5)-TroughBars(2,LOW,5); a2:=TroughBars(3,LOW,5)-TroughBars(1,LOW,5); tan1:=o1/a1;

tan2:=o2/a2; eki2:=Abs(tan1-tan2); If(eki1 AND eki2 <= .2 ,2,0

//Codice Easy language ==============HEADER==============

//Study based on Connors & Raschke's "Wolfe Waves"

//====== DECLARATIONS ====

INPUTS: TICKCHG(10), {Change (number of ticks) required to set up a new swing high/low.} PCTCHG(.2), {Percent change in price to set up a new swing high/low} OCCUR(1), PLOTBARS(40), ETALINE(TRUE), ZIGZAG(TRUE);

ARRAY: PBAR[50](0), P[50](0);

VARS: X(0), PP(1), JA_SLOPE1(0), JLA_CTR(0), JLA_LINE(0), JAIRHBAR(0), { LAST SWING HIGH BAR} JAIRLBAR(0), {LAST SWING LOW BAR} LOWSEEK(FALSE), {LOOKING FOR A LOW OR A HIGH?} W(0), {COUNTER}

JLA_IRH(0), {LAST SWING HIGH VALUE} JLA_IRL(99999), {LAST SWING LOW VALUE} JA_SLOPE2(0), JA_SLOPE3(0),

JLA_PT1(0), WOLFE(0);

{===========MAIN PROGRAM============}

IF CURRENTBAR = 1 THEN P[50] = C;

IF LOWSEEK = FALSE AND P[50] <= H THEN BEGIN P[50] = H; PBAR[50] = 0;

END;

IF LOWSEEK = TRUE AND P[50] >= L THEN BEGIN P[50] = L; PBAR[50] = 0;

END;

IF (LOWSEEK = FALSE AND PBAR[50] <> 0) THEN BEGIN IF (TICKCHG = 0 AND L < P[50] * ( 1 - PCTCHG / 100) )

OR (TICKCHG <> 0 AND L < ( P[50] - tickchg * minmove points)) THEN BEGIN IF ZIGZAG = TRUE THEN PLOT4[PBAR[50]](P[50],"SWINGS");

LOWSEEK = TRUE;

FOR W = 1 TO 49 BEGIN PBAR[W] = PBAR[W+1]; P[W] = P[W+1];

END;

P[50] = L; PBAR[50] = 0; END; END;

IF (LOWSEEK = TRUE AND PBAR[50] <> 0) THEN BEGIN IF (TICKCHG = 0

AND H> P[50] * ( 1 + PCTCHG / 100)) OR (TICKCHG <> 0 AND H > (P[50] + tickchg * minmove points )) THEN BEGIN IF ZIGZAG = TRUE THEN PLOT4[PBAR[50]](P[50],"SWINGS"); LOWSEEK = FALSE;

FOR W = 1 TO 49 BEGIN PBAR[W] = PBAR[W+1]; P[W] = P[W+1];

END;

P[50] = H; PBAR[50] = 0; END; END;

IF TIME = LASTCALCTIME AND DATE = LASTCALCDATE AND P[48 - PP] <> 0 THEN BEGIN PP = -1; WOLFE = 0; WHILE WOLFE < OCCUR AND PP < 46 BEGIN PP = PP + 1; VALUE1 = P[47-PP]; VALUE2 = P[48-PP]; VALUE3 = P[49-PP]; VALUE4 = P[50-PP];

CONDITION1 = VALUE2 > VALUE1 AND VALUE4 > VALUE3 AND VALUE4 < VALUE2 AND VALUE3 < VALUE1 AND VALUE4 > VALUE1;

CONDITION2 = VALUE2 < VALUE1 AND VALUE4 < VALUE3 AND VALUE4 > VALUE2 AND VALUE3 > VALUE1 AND VALUE4 < VALUE1;

IF CONDITION1 OR CONDITION2 THEN WOLFE = WOLFE + 1; END;

JA_SLOPE1 = (P[49-PP] - P[47-PP]) / (PBAR[47-PP] - PBAR[49-PP]); JA_SLOPE2 = (P[50-PP] - P[47-PP]) / (PBAR[47-PP] - PBAR[50-PP]);

{LINE 1-3} VALUE90 = TL_New(DATE[PBAR[47-PP]],TIME[PBAR[47-PP]],P[47-PP], DATE[PBAR[49-PP]], TIME[PBAR[49-PP]],P[49-PP]); Value14=TL_SetColor(VALUE90, 5); {VALUE93 = TL_SetExtRight(VALUE90,TRUE);} VALUE94 = TL_SETEND(VALUE90,DATE[PBAR[49-PP]-PLOTBARS],TIME[PBAR[49-PP]- PLOTBARS],TL_GETVALUE(VALUE90,DATE[PBAR[49-PP]-PLOTBARS],TIME[PBAR[49-PP]-PLOTBARS]));

{LINE 1-4} VALUE91 = TL_NEW(DATE[PBAR[47-PP]],TIME[PBAR[47-PP]],P[47-PP], DATE[PBAR[50-PP]], TIME[PBAR[50-PP]],P[50-PP]); Value14=TL_SetColor(VALUE91, 16); TL_SETEND(VALUE91,DATE[PBAR[49-PP]-PLOTBARS],TIME[PBAR[49-PP]- PLOTBARS],TL_GETVALUE(VALUE91,DATE[PBAR[49-PP]-PLOTBARS],TIME[PBAR[49-PP]-PLOTBARS]));

{ETA LINE}

IF ETALINE THEN BEGIN VALUE92 = TL_NEW(DATE[PBAR[48-PP]],TIME[PBAR[48-PP]],P[48-PP], DATE[PBAR[50-PP]], TIME[PBAR[50-PP]],P[50-PP]); Value14=TL_SetColor(VALUE92, 4); TL_SETEND(VALUE92,DATE[PBAR[50-PP]-PLOTBARS],TIME[PBAR[50-PP]- PLOTBARS],TL_GETVALUE(VALUE92,DATE[PBAR[50-PP]-PLOTBARS],TIME[PBAR[50-PP]-PLOTBARS]));

END; END;

IF DATE = LASTCALCDATE AND TIME = LASTCALCTIME AND ZIGZAG = TRUE THEN BEGIN

JA_SLOPE3 = (P[50] - P[49]) / (PBAR[49] - PBAR[50]); FOR JLA_CTR = PBAR[49] DOWNTO PBAR[50] BEGIN PLOT4[JLA_CTR](P[49] + (PBAR[49] - JLA_CTR) * JA_SLOPE3,"Swings"); END;

END;

FOR W = 1 TO 50 BEGIN PBAR[W] = PBAR[W]+1; END;

2 users thanked author for this post.

Schinkenbaron,

atxeel

ALE

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09/28/2017 at 8:19 AM #47595

Jim Moto

I’m also interested 🙂

Jim Moto

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12/23/2017 at 5:14 PM #56446

Zemary

A mí me da error de sintaxis.

Zemary

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12/23/2017 at 10:46 PM #56466

robertogozzi

Zemary wrote:

A mí me da error de sintaxis.

As ALE said, this code is witten in Easy Language. It must be converted to PRT, if anyone knows how to do it, before using it.

If you write it AS IS you will get hundreds of errors.

Also, please write in English in the english forum. Thank you.

Roberto

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ALE

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12/27/2017 at 10:21 PM #56709

Alai-n

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01/03/2018 at 1:05 PM #57103

Leo

I just suscribe to this post. Hope someone can traslate it

Leo

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04/21/2019 at 8:29 PM #96895

ALE

Hi guys,
about two years ago, I inserted this post, because I was studying the problem, and I had a pleasant response.
I managed to code Wolfe’s waves, obviously not repainted, otherwise I wouldn’t be writing to you, this code works as an indicator, market scan and can be integrated into any strategy because the signal is in real time.

If you are interested you can find it here:
https://www.automatictrading.it/product/wolf-waves-chart-pattern/

I am attaching a mosaic of some signals found with proscreener on the daily chart, obviously I cannot show all the signals found in all timeframes. :-).

Thanks
Ale

ALE

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12/12/2020 at 12:06 AM #153449

Moufi

Hello, made you a period of trying I think you did a remarkable job, and I would like to use your code!! But before I would like to try it if possible?

Thank you

Moufi

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12/12/2020 at 10:18 AM #153464

ALE

Hi thank you very much for your appreciation, however, I cannot handle the request, I receive many requests, and to create a demo it is necessary to create a file for each request, and I cannot physically manage the requests.

I decided to make a Christmas discount of 20% on the total shopping cart.
The coupon code is: bye2020
Valid until 31th December
For 1 purchase only.

Thanks
Ale

ALE

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12/12/2020 at 2:25 PM #153497

Moufi

Thank you ery much, I would need more information before a possible purchase. The waves are well detected before the formation of point 5? Because I would not want to scanned waves already finish or even enter position too late, I need to see the wave in formation. Is the software capable of doing that?

Thank you

Moufi

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12/12/2020 at 6:22 PM #153514

ALE

Hello Moufy

This is possible for the version of the indicator compatible only with the V11. The problem is that actually for this version is not available the screener, because screener application is not compatible with part of code yet

Thanks
Ale

ALE

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12/12/2020 at 8:27 PM #153521

Moufi

I use the V11 version, so that means I would have the indicator, but not yet the screener that is in development is that? So I’m forced to iron my assets to find a vague potential right?

Moufi

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12/13/2020 at 8:28 AM #153538

ALE

Yes, because some parts of the Wolfe indicator code that uses the new ProRealtime V11 language is not compatible with the screener, even if compatibility will soon be resolved. I currently have the Wolfe wave indicator in two versions. Version 10.3 detects the figure when the breakOut occurs, and this version is complete with screener; Version V11 detects the figure before the breakout but has no screener.

ALE

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12/13/2020 at 12:38 PM #153564

ALE

@Moufi

I am working on the multi timeframe dashboard of the Graphic Patterns indicator, it is an indicator that automatically detects 7 classic patterns, including Wolfe waves.
The dashboard allows to detect the patternsin formation and the patterns in breakout, on 6 time frames simultaneously.
https://www.automatictrading.it/product/graphic-patterns-indicator-v11/

ALE

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12/13/2020 at 8:23 PM #153599

Moufi

Wow excellent travail, pas nécessairement dans mon budget encore. Je dois penser parce que c’est une grosse somme d’argent. Offrez-vous une formation pour maîtriser cet outil ? Merci

Moufi

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