Wolfe waves ultra for MT5
- Indikatoren
- Ruslan Pishun
- Version: 1.15
- Aktualisiert: 18 November 2021
- Aktivierungen: 10
The indicator automatically draws Wolfe waves.
The indicator uses Wolfe waves found in three timeframes. This indicator is especially accurate because it waits for a breakout in the wave direction before signaling the trade.
Recommended timeframe: М1.
Indicator features
- Amazingly easy to trade.
- The indicator is able to recognize all the patterns of Wolfe waves in the specified period interval.
- It is a check of potential points 1,2,3,4,5 on every top, not only the tops of the zigzag.
- Finds the points and builds the lines automatically.
- Trade reliable price reversals in three timeframes
- A cutting-edge tool for beginners and experienced traders.
- Arrow and alert for those who don't know how to use Wolfe waves.
- Alert, Sound, Email and PUSH are available in the indicator.
- The indicator has a minimum of adjustable parameters:
- The last point of the wave is redrawn as the pattern expands (can be customized).
- An alert and an arrow are displayed when the pattern forms and also when the wave+price breakout takes place.
Settings
Setting waves maximum
- include wave maximum - enable/disable Wolfe maximum.
- MaxHistoryBars - lookback period.
- Period - the number of bars used for the indicator calculations..
- color lines - wave color.
- color line 1-4
Setting waves normal
- include wave normal - enable/disable Wolfe normal.
- MaxHistoryBars - lookback period.
- Period - the number of bars used for the indicator calculations..
- color lines - wave color.
- color line 1-4
Setting waves minimum
- include wave minimum - enable/disable Wolfe minimum.
- MaxHistoryBars - lookback period.
- Period - the number of bars used for the indicator calculations..
- color lines - wave color.
- color line 1-4
- High up points 1,2,3,4,5 - distance of high points 1.2.3.4.5.
- Low down points 1,2,3,4,5 - distance of lower points 1.2.3.4.5.
- On what number bars move line, ( 0 = zero bar ) - number of bars to shift lines (0 = zero bar).
- number of waves in each period: - this is the number of waves at a time: e.g. "on one wave" - the last wave is deleted and a new one is drawn instead; "in two waves" - the last wave stays, two waves will be available on the chart.
- Setting notice - set the notification of the Wolfe waves occurrence
- alert - alert on/off (popup message).
- email - enable/disable the email alert.
- PUSH - enable/disable push notifications.
- sound signal - enable/disable the sound alert.
- name sound signal - the name of the sound wav file.
Nice indicator