Download MetaTrader 5
To add comments, please log in or register
Millions of traders download codes from MQL5 library. Share your app with them!
MetaQuotes Software Corp.
MetaQuotes Software Corp. 2009.05.05 06:55 

New article Channels. Advanced Models. Wolfe Waves has been published:

The article describes rules of marking patterns of Wolfe Waves. You will find here details of constructing and rules of accurate marking, which help to find correct formations of waves quickly and correctly.

Channels are vivid examples of defining points of trade position opening and closing, allow conducting the estimation of the current situation for the trade decision making. Basic rules of decision making about trading in a channel inform well about price movements within a channel, but the absence of defined or formalized ruled prohibit detecting break out points, and this often catches traders unawares. For the identification of such places M and W models or Merill patterns, Gartley butterflies, Pesavento models and Wolfe waves are used.

Author: Vladimir

To add comments, please log in or register