indicator to help identify 3 waves downtrend until bottom what indicator on tradingview, market open

 To identify a 3-wave downtrend until it hits a bottom on TradingView, you are looking for an indicator that tracks Elliott Wave ABC Corrections (specifically Zigzags or Flats). In market structure, a 3-wave move against the main trend is labeled A-B-C, where Wave C acts as the final "capitulation flush" before a market bottom forms and a reversal begins. [1, 2, 3]

You can look up the following highly effective open-source indicators on TradingView to identify this pattern during market open:

1. Elliott Wave Pro Engine (by Jos-ProTrader)

What it does: Automatically detects 5-wave impulse structures and 3-wave corrective structures (A-B-C). [1]
Why it fits: It uses precise rule-based validation to ensure Wave C actually breaks below Wave A to signal a potential macro or micro bottom. [1, 2]

2. EW Bottom Signals (by MechInvests)

What it does: Specifically tailored for what you described. It isolates A-B-C corrections within a broader downtrend and highlights the final Wave C capitulation flush. [1]
Why it fits: It prints a buy/reversal warning at the bottom when volume spikes and the 3-wave down-structure is completed. [1]

3. Elliott Wave [LuxAlgo]

What it does: A popular, clean automatic script that maps out impulse and corrective sections using real-time ZigZag pivots. [1, 2]
Why it fits: It draws automated Fibonacci retracement boxes, allowing you to estimate exactly where the 3rd wave (Wave C) will run out of steam and hit its bottom. [1, 2]

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💡 Quick Guide: How to read the 3-Wave Downtrend to find the Bottom

When the market opens, a rapid 3-wave flushing pattern is highly common. Here is what your indicator will look like mathematically: [1]

Wave Component	Market Psychology	Visual Identification
Wave A (1st Wave Down)	Initial selling pressure off the open.	Sharp drop from the morning peak.
Wave B (2nd Wave - Relief)	Trapped buyers trying to push back up.	A weak bounce that fails to make a new high.
Wave C (3rd Wave - The Bottom)	Final capitulation flush where retail traders panic sell.	A heavy drop breaking below Wave A's low. The ultimate bottom is usually found when Wave C reaches 100% to 161.8% of Wave A's length.

🛠️ How to Add Them on TradingView:

Open your chart on TradingView.
Click on Indicators at the top bar.
Type "EW Bottom Signals" or "Elliott Wave LuxAlgo" into the search box.
Click the script to add it directly onto your chart. [1, 2]

Are you looking to trade this pattern on a specific asset class (like Crypto, Forex, or US Index Futures) or a specific timeframe (like the 1-minute or 5-minute chart right at market open)?