• Overview
  • Reviews (1)
  • Comments (1)
  • What's new

ON Trade Elliot Wave Manual

5

This indicator has been designed to integrate with the Elliott Wave theory, providing two distinct methods of operation:

  1. Automatic Work: In this mode, the indicator operates autonomously by detecting all five motive waves on the chart according to Elliott Wave theory. It offers predictions and identifies potential reversal zones. Additionally, it has the capability to generate alerts and push messages to notify traders of significant developments. This automated functionality streamlines the process of identifying and analyzing Elliott Wave patterns.

  2. Manual Work: This option is tailored for traders who prefer a manual approach to Elliott Wave theory. It empowers users to draw waves using nine different grades. Each grade can be defined individually by adjusting the drawn lines on the chart after they have appeared. This feature simplifies the process of manual wave drawing, making it more efficient. It's important to note that all drawing data will be saved in the platform's data folder for future reference.

Parameters:

  • Name: The name of the indicator.
  • Use_System_Visuals: Enables or disables the indicator theme to match the overall appearance of the trading platform.
  • Explain_Comment: Allows you to enable or disable explanatory comments for wave numbering, aiding in understanding the identified waves.
  • Show_Last_Candle_Counter: Enables or disables the candle time counter, providing information about the time remaining for the current candlestick to close.
  • Candle_Counter_Color: The color of the candle time counter text.
  • Basic_Wave_Color: The main color used to represent waves.
  • Bullish_Wave_Color: The color assigned to bullish 5-motive waves when detected.
  • Bearish_Wave_Color: The color assigned to bearish 5-motive waves when detected.
  • Ending_Diagonal_Color: The color for ending diagonal motive waves when detected.
  • Leading_Diagonal_Color: The color for leading diagonal motive waves when detected.
  • Correction_Color: The color for corrective waves.
  • Proportion_Color: The color for wave proportions.
  • PRZs_Color: The color for potential reversal zones.
  • Font_Color: The color for text elements.
  • Font_Size: The size of the displayed texts.
  • Show_Targets: Enables or disables the display of targets in automatic mode.
  • Send_Alert: Enables or disables the alert function.
  • Send_Notification: Enables or disables the notification function.
  • Send_Email: Enables or disables the email function.
  • History_Bars: Specifies the maximum number of historical bars to be analyzed with the automatic function.

By combining both automatic and manual modes, this indicator offers traders a versatile tool for Elliott Wave analysis, catering to different preferences and trading approaches. It streamlines the process of identifying wave patterns and assists traders in making informed trading decisions. As with any tool, it's important to practice responsible risk management and consider combining the indicator's insights with other forms of analysis for comprehensive trading strategies.


    Reviews 1
    Mohd Noor Quddussi Izuywan Bin Mohd Sani
    508
     

    this indicator is good for elliot wave user like me. and the most important we cannot put other indicator with the same chart, also the support is very good.

    Recommended products
    Auto Fibo mq
    DMITRII GRIDASOV
    "Auto FIBO" indicator    - is great auxiliary tool in trading! Indicator automatically calculate and place on chart Fibo levels and local trend lines (red color) Fibonacci levels indicate key areas where price can reverse Most important levels are 23.6%, 38.2%, 50% and 61.8% You can use it   for reversal scalping  or for zone grid trading There are plenty of opportunities to  improve your current system using Auto FIBO indicator as well // More great Expert Advisors and Indicators are availab
    Fibonaccitools
    Aymn Sʿyd Ahmd Hsn Alkwmy
    Fibonacci retracements are popular tools that traders can use to draw support lines, identify resistance levels, place stop-loss orders, and set target prices. A Fibonacci retracement is created by taking two extreme points on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8%, and 100%. Fibonacci tools indicator will Draw Fibonacci Tools e.g. Retracement, Arc, Fan, Expansion, TimeZones. Based on zigzag indicator"
    Fibonacci SR Indicator
    Martin Eshleman
    3 (2)
    Fibonacci SR Indicator This indicator creates support and resistance lines. This indicator is based on Fibonacci Retracement and Extension levels. It will consider many combinations of the Fibonacci levels and draw support/resistance lines based on these. This indicator uses tops and bottoms drawn by the ZigZag indicator in its calculations. The ZigZag can also be drawn on the chart, if necessary. The indicator considers many combinations of past reversal points and Fibonacci ratio levels, and
    FREE
    Simply drop the indicator to the chart and Fibonacci levels will be shown automatically! The indicator is developed for automatic drawing of Fibonacci levels on the chart. It provides the abilities to: Select the standard Fibo levels to be shown Add custom levels Draw the indicator on the timeframes other than the current one. For example, the indicator is calculated on the weekly period (W1) and is displayed on the monthly period (MN1) Select the timeframes the indicator will be available on Ca
    mql5 version:  https://www.mql5.com/en/market/product/44815 Simple indicator to calculate profit on fibonacci retracement levels with fixed lot size, or calculate lot size on fibonacci levels with fixed profit. Add to chart and move trend line to set the fibonacci retracement levels. Works similar as default fibonacci retracement line study in Metatrader. Inputs Fixed - select what value will be fix, lot or profit Fixed value - value that will be fix on all levels Levels - levels for which to ca
    Launch promotion For a limited time only:  30$ instead of 157$ Summary Shows multiple Fibonacci retracements, projections and expansions ratios at a glance Description A Fibonacci confluence level is a price zone where Fibonacci retracements, projections and expansions meet closely when measuring a swing This technique is used by  intermediate and advanced traders to detect possible reversal zones Tired of manually drawing the same Fibonacci ratios for the same X, A, B, C points to eventually f
    Koala Fibo Base Time
    Ashkan Hazegh Nikrou
    3 (1)
    Welcome to Koala Fibo Base Time Welcome to Koala Fibo Time Zone Welcome to Koala Fibo Time Extention Welcome to Missed Tool For Meta Trade! Simple Introduction : Fibonacci Time Zones are vertical lines based on the Fibonacci Sequence. These lines extend along the X axis (date axis) as a mechanism to forecast reversals based on elapsed time. A major low or high is often chosen as the starting point. Distances start relatively small and grow as the Fibonacci Sequence extends. Chartists can exten
    FREE
    Индикатор высчитывается по сложному авторскому алгоритму. Он строится с учетом тенденции по зонам перекупленности перепроданности объёмов . Это позволяет выявлять дивергенцию объёмов , выявить так называемые приседающие бары. Также он определяет уровни входа в рынок и цели. Средняя линия канала является предполагаемым уровнем отката. RPeriod- период расчета индикатора Indicator_Level - уровень зон перекупленности перепроданности Draw Fibo Levels - отображаем целевые уровни Fibo Level Col
    SRP (Strong Retracement/Reversal Points) is a powerful and unique support and resistance indicator. It displays the closest important levels which we expect the price retracement/reversal! If all level are broken from one side, it recalculates and draws new support and resistance levels, so the levels might be valid for several days depending on the market! Key Features You can use it in all time-frames smaller than daily! Displays closest significant support and resistance levels Update the l
    MultiFiboDynamicMT4 is a powerful, professional indicator for estimating the most important support and resistance levels. The main advantage is that it plots the Fibonacci levels at all timeframes simultaneously, which allows the trader to see the full picture of the possible price movement of the trading instrument! Advantages of the indicator The indicator is perfect for scalping and trading binary options. Suitable for beginners and experienced traders. Works on all timeframes. Works on an
    FREE
    AutoPivot
    Hafis Mohamed Yacine
    This indicator will draw monthly, weekly, and daily pivot. Pivot line will be calculated automatically again when the period ends. Auto Pivot Metatrader 4 Indicator The Auto Pivot indicator for Metatrader 4 automatically updates the pivot point (PP), support (S1,S2,S3) and resistance levels (r1,r2,r3) every day. Price above the pivot point means positive while price below the pivot point means negative. S3 indicates extremely oversold while price above resistance r3 means extremely overbought.
    BSA Indicator
    Ahmet Metin Yilmaz
    BSA indicator is a ZigZag based indicator. This indicator is used to find the reversal level of the price. You can use the existing risk ratio and calculation timeframe in the entries by optimizing them according to your usage preference.  In lower time frames, the indicator can repaint. For healthier results, you can detect the least repainting by observing for a while according to the graphic you will apply.
    FiboRec
    Alfred Kamal
    This indicator depends on Fibonacci lines but there is a secret lines i used them, by using FiboRec indicator you will be able to know a lot of important information in the market such as: Features You can avoid entry during market turbulence. You can enter orders in general trend only. You will know if the trend is strong or weak. Signal Types and Frame used You can use this indicator just on H1 frame. Enter buy order in case Candle break out the square area and closed over it, at least 20
    Description The base of this indicator is an ZigZag algorithm based on ATR and Fibo retracement. The ZigZag can be drawn like a classic ZigZag or like Arrows or needn't be drawn at all. This indicator is not redrawing in sense that the ZigZag's last shoulder is formed right after the appropriate conditions occur on the market. The shoulder doesn't change its direction afterwards (can only continue). There are some other possibilities to show advanced information in this indicator: Auto Fibo on
    There are 8 types of this indicator. Consisted of 1. Bullish and Bearish Engulfing 2. Morning and Evening Star 3. Three Green Soldiers and Three Red Crows 4. Three Inside Up and Down 5. Three Outside Up and Down 6. Bullish and Bearish Harami 7. Tweezers Top and Bottom 8. Piercing and Dark cloud cover Signal Filter :: 1. The appearance of the candle stick 2. SMA 3. 2EMA :: EMA Fast and EMA Slow 4. RSI N otification :: 1. Via screen 2. Email 2. Phone For trading 1. Scaling 2. Binary options
    Trend Catcher with Alert
    Issam Kassas
    4.71 (52)
    The Trend Catcher: The Trend Catcher Strategy with Alert Indicator is a versatile technical analysis tool that aids traders in identifying market trends and potential entry and exit points. It features a dynamic Trend Catcher Strategy , adapting to market conditions for a clear visual representation of trend direction. Traders can customize parameters to align with their preferences and risk tolerance. The indicator assists in trend identification, signals potential reversals, serves as a trail
    FREE
    Fibonacci retracements can be used to draw support lines, identify resistance levels, place stop-loss orders and set target prices. The Advanced Automatic Fibonacci retracements draws automatically all the levels. You have a lot of options to choose. For exemple you can use the tracements of another time frame (MTF) in the current chart, you can also choose between the closest level or less close to draw the retracements. You can also add 2 levels of your choice. You can add levels extensions o
    PowerBall Signals is a BUY/SELL signals indicator based on the idea of using support/resistance zones. The indicator detects special reversal patterns based on support/resistance zones and provide these signals on your chart. The main idea of the indicator is using the MTF (Multi Time Frame) analysis and provide signals based on the levels from your current and next higher time frame. This method allows to predict possible price reversals on any market be it currencies, metals, indices or even c
    Holy Renko PRO
    Bianca Seara
    3.5 (2)
    About  Holy Renko is a trend identifier capable of identify small and long market movements. This indicator should be use in Renko Charts. VIDEO (information and tips) [HERE] How to install Renko Charts [HERE] Features Developed for Renko Charts Easy to analyze Fast signals Not repaint (when candle close)  Statistics panel Filters false signals Alerts, emails and push notifications  Advantages of Renko Chart Easy to install Easy to analyze Filter out the noise of wicks  Easy identif
    DMS Fibo
    Diogo Mitsunaga Dos Santos
    Fibonacci retracements are trend lines drawn between two significant points, usually between absolute lows and absolute highs, plotted on a chart. Intersecting horizontal lines are placed at the Fibonacci levels. Fibonacci retracements are useful tools that help traders identify support and resistance levels. With the information gathered, they can place orders, identify stop-loss levels, and set price targets. Although useful, traders often use other indicators to make more accurate assessments
    This indicator Super Channel Pro indicator.Indicator displays trend movement. Indicator calculates automatically line. Features FiltPer - displays indicator channel period. deviation - displays indicator channel deviation. deviation2 - displays indicator channel deviation. How to understand the status: If the arrow is green, trend is up. If the arrow is red, trend is down. //////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
    Free automatic Fibonacci is an indicator that automatically plots a Fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The Fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe
    FREE
    Auto Levels
    Yaroslav Varankin
    Auto Level this tool is able to determine the levels of support and resistance. search and display when the price has broken through the level and when it pushed off from it. the indicator can be useful if you use resistance support levels in your trading. or the highs and lows of the price, then it will greatly simplify your work and help you more quickly and more accurately determine the rebound or breakdown of the current trend or tendencies level. blue line bottom uptrend red line on top dow
    Fibonacci retracement is an object or function that is often used by traders to determine values of fibonacci levels. When to open position, where is the breakout or limit point, stop loss position and take profit position can be determined based on fibonacci levels. But commonly, this object only can be used manually in Metatrader 4 (MT4).  Therefore we need an indicator of fibonacci retracement. The use of indicator will make decision making easier, faster, and more consistence. We recommend t
    Pivot Points Pro
    Tsvetan Tsvetanov
    This indicator is based on the classic Pivot Points concept combined with additional optimizations and advanced features.  The levels of support and resistance are calculated by taking into account the average historical volatility.  The added multi-symbol scanner allows you to detect the best conditions and trade setups.  You can see in real time the current situation for all of your favorite symbols and you can switch the chart to any symbol with one click. The build in alert system allows you
    For this set of indicators 1. General information     - Calculates with high performance mathematical algorithms.     - Calculated from the price of candles     - The entry point of this order is filtered by the train EMA and the oscillator.     - Calculate the integrity of the candle 2. How does it work?     - You can see two types of order entry points: the notification on the monitor and the arrow.     - You can trust 75-95 percent of this entry point. 3. Settings     - A complete candle
    VR Cub
    Vladimir Pastushak
    VR Cub is an indicator for getting high-quality entry points. The indicator was developed to facilitate mathematical calculations and simplify the search for entry points into a position. The trading strategy for which the indicator was written has been proving its effectiveness for many years. The simplicity of the trading strategy is its great advantage, which allows even novice traders to successfully trade with it. VR Cub calculates position opening points and Take Profit and Stop Loss targe
    The Wing Patterns indicator scans for many different kinds of Patterns using an XABCD structure. The term Wing Pattern is used to refer to all types of patterns based on a general XABCD structure, which is plotted in an alternate high-low extreme form. In other words, assume that point X is started at a low point on the chart. The point A is plotted at the next highest point within a certain number of bars. This certain number of bars is called the depth level. In this example, point B would be
    Leo Fibonacci
    Dmitriy Zaytsev
    The indicator is designed for determining Fibonacci levels. Does not repaint/redraw The blue level shows the zero Fibonacci value (it is also the Pivot level) Red levels show calculated Fibonacci levels (used as a rollback or reversal point) Automatic period detection (periods can be entered manually) Adjustable display calculation method. Settings BarsHistory - the number of bars to be used to display the indicator. Method - method of calculation. AutoPeriod - automated period calculation (true
    Momentum Seeker
    Lucas Sajkiewicz
    This Momentum Seeker indicator is super simple! It is based in a few indicators to give you a quick entry to the Market. Once candle is closed and if parameters are all in place, an arrow is drawn in the chart, so there is no repainting! It works with any instrument!  Risk management and trading skills are still needed! Inputs: Sensitivity: It is based in Periods, so the lower the number, more signals will come to screen but accuracy will decrease also. Recommended is 9 and above Audible_Alerts:
    Buyers of this product also purchase
    FX Volume
    Daniel Stein
    4.58 (33)
    Visit our all-new   Stein Investments Welcome Page   to get the latest information, updates and trading strategies. FX Volume is the FIRST and ONLY volume indicator that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solut
    TPSpro RFI Levels
    Roman Podpora
    4.82 (22)
    A key element in trading is zones or levels from which decisions to buy or sell a trading instrument are made. Despite attempts by major players to conceal their presence in the market, they inevitably leave traces. Our task was to learn how to identify these traces and interpret them correctly. INSTRUCTIONS    RUS    -    ENG            R ecommended to use with an indicator   -   TPSpro  TREND PRO -  Version MT5 Main functions: Displaying active zones for sellers and buyers! The indicator show
    Sneaky Busters 4
    Mushfiq Faysal
    5 (1)
    Previous Price : $323.00 Current Price: $359.00 Future Price: Will increase soon NOTICE Please DO NOT buy this indicator if you are just learning about smart money movement . You need to have some experience with accumulation and distribution to fully grasp the gravity of this indicator. Since smart money does not play by the book , so this indicator was only developed to find their trail that they did not bother to hide . If the signals do not correspond to your trading style, this is not the
    Currently 20% OFF ! Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs plus one. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market plus Gold or 1 indices. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the e
    Gann Swing Structure
    Kirill Borovskii
    5 (1)
    This indicator is based on the mathematics of the great trader W.D. Ganna. With its help, you can easily find strong levels by analyzing swings to find the optimal entry point. The indicator works on all instruments and all timeframes. The indicator is fully manual and has control buttons. All you need to do is press the NEW button, a segment will appear, which you can place on any movement, swing or even 1 candle that you want to analyze. By placing the segment, press the OK button. A grid (th
    Scalper Inside PRO
    Alexey Minkov
    4.73 (56)
    An exclusive indicator that utilizes an innovative algorithm to swiftly and accurately determine the market trend. The indicator automatically calculates opening, closing, and profit levels, providing detailed trading statistics. With these features, you can choose the most appropriate trading instrument for the current market conditions. Additionally, you can easily integrate your own arrow indicators into Scalper Inside Pro to quickly evaluate their statistics and profitability. Scalper Inside
    TPSproTREND PrO
    Roman Podpora
    4.79 (19)
    TPSpro TRENDPRO  - is a trend indicator that automatically analyzes the market and provides information about the trend and each of its changes, as well as giving signals for entering trades without redrawing! The indicator uses each candle, analyzing them separately. referring to different impulses - up or down impulse. Exact entry points into transactions for currencies, crypto, metals, stocks, indices!  Version MT5             DETAILED DESCRIPTION              R ecommended to use with an indi
    Dynamic Forex28 Navigator
    Bernhard Schweigert
    5 (1)
    Dynamic Forex28 Navigator - The Next Generation Forex Trading Tool CURRENTLY 49% OFF. Dynamic Forex28 Navigator is the evolution of our long-time, popular indicators, combining the power of three into one: Advanced Currency Strength28 Indicator (695 reviews) + Advanced Currency IMPULSE with ALERT (520 reviews) + CS28 Combo Signals (recent Bonus) Details about the indicator   https://www.mql5.com/en/blogs/post/758844 What Does The Next-Generation Strength Indicator Offer? Everything you loved
    Cycle Sniper
    Elmira Memish
    4.39 (36)
    NEW YEAR SALE PRICE FOR LIMITED TIME!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before pu
    Ultimate Gold Advisor for MetaTrader 4 The Ultimate Gold Advisor is an advanced technological tool designed to optimize the trading experience on MetaTrader 4. Created to meet the needs of experienced traders, this indicator combines precision, sophisticated analysis, and versatile functionality, offering support for informed trading decisions. Ideal for gold trading but also applicable across a wide range of assets, the Ultimate Gold Advisor can help you improve your market strategies. What ma
    Currency Strength Exotics
    Bernhard Schweigert
    4.87 (30)
    CURRENTLY 20% OFF ! Best Solution for any Newbie or Expert Trader! This Indicator is specialized to show currency strength for any symbols like Exotic Pairs Commodities, Indexes or Futures. Is first of its kind, any symbol can be added to the 9th line to show true currency strength of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your trading
    Introducing ON Trade Waves Patterns Harmonic Elliot Wolfe, an advanced indicator designed to detect various market patterns using both manual and automated methods. Here's how it works: Harmonic Patterns: This indicator can identify harmonic patterns that appear on your chart. These patterns are essential for traders practicing harmonic trading theory, as popularized by Scott Carney's book "Harmonic Trading vol 1&2." Whether you draw them manually or rely on automated detection, ON Trade Waves
    Enigmera
    Ivan Stefanov
    5 (3)
    ENIGMERA: The core of the market (If the demo of mql5.com doesn't working and you want to try Enigmera please message me.) Introduction This indicator and trading system is a remarkable approach to the financial markets . ENIGMERA uses the fractal cycles to accurately calculate support and resistance levels. It shows the authentic accumulation phase and gives direction and targets.  A system that works whether we are in a trend or a correction.   How does it operate? ENIGMERA comprises of fol
    Volume by Price MT4
    Brian Collard
    4.64 (11)
    The Volume by Price Indicator for MetaTrader 4 features Volume Profile and Market Profile TPO (Time Price Opportunity). Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker collapsed and split structure charts. Static, dynamic and flexible range segmentation and compositing methods with relative and absolute visualizations. Session hours filtering and segment concatenation with Market Watch and custom user specifications. Graphical layering, positio
    XQ Indicator MetaTrader 4
    Marzena Maria Szmit
    4 (4)
    Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange,   XQ Forex Indicator   empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The
    MetaBands M4
    Vahidreza Heidar Gholami
    5 (2)
    MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
    PLEASE READ THE INFO DOWN BELOW BEFORE PURCHASING THE PRODUCT! Apollo Pips PLUS SP is a unique product!  IT IS FOR THOSE WHO WANT TO GET MY NEW "APOLLO PIPS" INDICATOR PLUS "SUPER PACK" BONUS WITH ACCESS TO ALL MY TRADING INDICATORS! By purchasing the Apollo Pips PLUS SP product you're actually purchasing an absolutely new version of my Apollo Pips indicator. This version of the indicator has got an improved algorithm and an easy to use parameter which gives you the opportunity to use the indica
    Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra
    Royal Scalping Indicator M4
    Vahidreza Heidar Gholami
    4.17 (6)
    Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
    Reversal Sniper is designed to find the extreme reversals of the price. Indicator collects data of Cycle Sniper Indicator. NOTE: REVERSAL SNIPER Indicator is made for Cycle Sniper Users as an additional tool.  However, it can be used by the traders who look for finding out strong reversal levels. Indicator works on all timeframes and all instruments. Reversal  Sniper  Checks: Harmonic Patterns RSI Zig Zag and Harmonic Swings Cycle Sniper Indicator's Buy / Sell Signals The complex algo i
    Have you ever wondered why most systems are not effective in live trading? My answer is that it's all the fault of the so-called "Smart Money" or the institutional ones,, they constantly create spikes first up then down and vice versa to screw all the retail investors by tearing away their capital, confusing them and making the markets move randomly without any rules. But in all this there is a famous strategy, which in 2009 won the world championship, exploiting and rowing against the instituti
    TrendMaestro
    Stefano Frisetti
    5 (3)
    note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a
    All in One Trade
    Alexey Minkov
    4.48 (27)
    The All-in-One Trade Indicator (AOTI) determines daily targets for EURUSD, EURJPY, GBPUSD, USDCHF, EURGBP, EURCAD, EURAUD, AUDJPY, GBPAUD, GBPCAD, GBPCHF, GBPJPY, AUDUSD, and USDJPY. All other modules work with any trading instruments. The indicator includes various features, such as Double Channel trend direction, Price channel, MA Bands, Fibo levels, Climax Bar detection, and others. The AOTI indicator is based on several trading strategies, and created to simplify market analysis. All-in-One
    Introducing   Quantum Trend Sniper Indicator , the groundbreaking MQL5 Indicator that's transforming the way you identify and trade trend reversals! Developed by a team of experienced traders with trading experience of over 13 years,   Quantum Trend Sniper Indicator   is designed to propel your trading journey to new heights with its innovative way of identifying trend reversals with extremely high accuracy. ***Buy Quantum Trend Sniper Indicator and you could get Quantum Breakout Indicator fo
    M1 Gold
    Abdulkarim Karazon
    GOLD Impulse with Alert
    Bernhard Schweigert
    4.56 (9)
    This indicator is a super combination of our 2 products  Advanced Currency IMPULSE with ALERT  and  Currency Strength Exotics . It works for all time frames and shows graphically impulse of strength or weakness for the 8 main currencies plus one Symbol! This Indicator is specialized to show currency strength acceleration for any symbols like Gold, Exotic Pairs, Commodities, Indexes or Futures. Is first of its kind, any symbol can be added to the 9th line to show  true currency strength accelerat
    Quantum Breakout Indicator PRO
    Bogdan Ion Puscasu
    4.96 (25)
    Introducing   Quantum Breakout PRO , the groundbreaking MQL5 Indicator that's transforming the way you trade Breakout Zones! Developed by a team of experienced traders with trading experience of over 13 years, Quantum Breakout PRO is designed to propel your trading journey to new heights with its innovative and dynamic breakout zone strategy. Quantum Breakout Indicator will give you signal arrows on breakout zones with 5 profit target zones and stop loss suggestion based on the breakout box.
    PZ Day Trading
    PZ TRADING SLU
    3.67 (3)
    Effortless trading: non-repainting indicator for accurate price reversals Special Offer: Purchase now to receive free bonuses worth $90! (Read more for details) This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Upd
    Trend Sensor MT4
    Yuriy Lyachshenko
    The indicator shows the most appropriate entry and exit points. It also displays statistical data on all signals for better analysis of trading. With the help of this indicator you will be able to better understand the market. As soon as the power of the trend begins to weaken (this will be shown on the panel), the trend line will gravitate to the horizontal position - this is the signal to exit the trade. Or you can exit when the average/median profit level is reached. The indicator was
    Entry Points Pro
    Yury Orlov
    4.62 (175)
    Top indicator for MT4 providing accurate signals to enter a trade without repainting! Watch  the video  (6:22) with an example of processing only one signal that paid off the indicator! It can be applied to any financial assets:  forex, cryptocurrencies, metals, stocks, indices.  MT5 version is here   It will provide pretty accurate trading signals and tell you when it's best to open a trade and close it. Most traders improve their trading results during the first trading week with the help of t
    More from author
    Gann Squares Indicator: Analyzing Markets with Geometric Patterns The Gann Squares indicator is a powerful tool for market analysis that draws upon the mathematical concepts introduced by W.D. Gann in his article on "Mathematical Formula for Market Predictions." This indicator incorporates Gann's techniques involving square numbers such as 144, 90, and 52, as well as the Square of 9. Additionally, it incorporates  method for utilizing the Square of 9 in conjunction with channels and the star pa
    Introducing ON Trade Waves Patterns Harmonic Elliot Wolfe, an advanced indicator designed to detect various market patterns using both manual and automated methods. Here's how it works: Harmonic Patterns: This indicator can identify harmonic patterns that appear on your chart. These patterns are essential for traders practicing harmonic trading theory, as popularized by Scott Carney's book "Harmonic Trading vol 1&2." Whether you draw them manually or rely on automated detection, ON Trade Waves
    Shepherd Harmonic Pattern
    Abdullah Alrai
    4.65 (49)
    This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. You can see user manual from this link: Notes Indicator has control panel and it will save every (chart & timeframe) settings. You can minimize it to have more space on chart and you can press close button to hide all indicator data on chart if you prefer to work with other analysis tools  When you use this indicator and change the settings, add indicators like Moving Average or Bollinger
    This indicator gives you the signal of real cross on stochastic indicator. This indicator is easy to attach to an ea. This indicator will work best on All time frames. Arrow appears depending on many algorithms that study the cross parameters. Indicator properties Use_System_Visuals: enable/disable visual styles. Stochastic_K_Period. Stochastic_D_Period. Stochastic_Slowing. Use_Notifications: enable/disable Push Notifications. Use_Alert: enable/disable Alerts. Use_E_Mail: enable/disable Email
    ON Trade Optuma Astro
    Abdullah Alrai
    5 (4)
    This is an astronomy indicator for the MT4 platform like optuma program that performs a variety of functions. It uses complex algorithms to perform its own calculations, which are so accurate. The indicator has a panel that provides astronomical information such as planets' geo/heliocentric cords, distance of sun/earth, magnitude, elongation, constellation, ecliptic cords, equatorial cords, and horizontal cords depending on  the vertical line that generated by the indicator depend on the time va
    This product will let you control your orders and account with a lot of functions  1- it will calculate correct lot size depending on your account size /SL size / pair point value for 1 lot size . 2- it will give you current order situation depend on lines places (target sl tp ). 3- it will move all orders target / sl with 1 button press . 4- it will give you info about your account and needed margin to open your orders . 5- it has functions to close all orders ( symbol or all ) . 6- it has func
    FREE
    Download user manual from : https://ontrd.com/our-books/ MT5 Version : https://www.mql5.com/en/market/product/30284 Gann Squares Indicator: Analyzing Markets with Geometric Patterns The Gann Squares indicator is a powerful tool for market analysis that draws upon the mathematical concepts introduced by W.D. Gann in his article on "Mathematical Formula for Market Predictions." This indicator incorporates Gann's techniques involving square numbers such as 144, 90, and 52, as well as the Square o
    ON Trend
    Abdullah Alrai
    5 (1)
    Unlock the Power of Trend Trading with Ease Designed for traders of all levels—beginners, intermediates, and professionals—this indicator simplifies the trading process by accurately detecting real trends across any currency pair. Why Choose This Indicator? No Repaint: All signals are static and non repaint Effortless Trading:  Say goodbye to complex analysis. Simply load the indicator on your chart and wait for a buy or sell signal—no need to monitor the market all day. Clear Entry Signals: Th
    Shepherd Gann Squares Free
    Abdullah Alrai
    4.83 (29)
    Download user manual from: https://ontrd.com/our-books/ Have full version from: https://www.mql5.com/en/market/product/104073 MT5 Version: https://www.mql5.com/en/market/product/30284 This indicator is a market analysis method based on the "Mathematical formula for market predictions" article written by WD Gann depending on square of 144 90 and 52 . And square of 9 With method by Dr.hamada salam about square of 9 and its relations with channel and star of that square User Manual: Add Your r
    FREE
    This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. You can see user manual from this link: https://www.mql5.com/en/blogs/post/719257 There is a free version (it detect only Gartley and Nenstar Patterns) to try this product. You can buy the full MT4 version from: https://www.mql5.com/en/market/product/104689 Notes When you use this indicator and change the settings, add indicators like Moving Average or Bollinger Bands, this indicator will
    FREE
    Introducing our groundbreaking indicator designed to elevate your trading experience by employing a unique fusion of price and time calculations. This innovative tool goes beyond traditional methods, utilizing advanced algorithms to draw levels and determine the authenticity of market peaks. Welcome to a new era of precision trading with our [Indicator Name]! Key Features: Price and Time Calculations: Harnesses the power of sophisticated price and time calculations to identify key levels on the
    FREE
    Introducing the Gold Gram Price Calculator Indicator Are you interested in keeping a close eye on the price of gold in your local currency? Look no further than the Gold Gram Price Calculator Indicator, an innovative tool that empowers you with the ability to calculate the real-time price of gold per gram in your preferred local currency. With this indicator, you can harness the power of financial insights to make informed decisions. Key Features: Localized Gold Price: The Gold Gram Price Calcul
    FREE
    This indicator serves the purpose of visually representing the Donchian channel on your trading chart. The Donchian channel is a straightforward technical tool used to depict the range between the highest high and the lowest low over a specified period. This indicator enhances the visual analysis of price movements, offering insights into potential breakout and trend continuation points. The Donchian channel can be applied to both the current time frame and a higher time frame, should you choose
    FREE
    ON Trade Pivots is A technical indicator that Draws all Pivot levels depending on time frame that defined in settings. Notes It will be good tool for all traders who use pivot levels in their trades. Let me inform you that this indicator draw this level as buffers not as objects then you can connect it easily to EA. This indicator allow you to find pivots levels for any time frame not only daily you are free to choose time frame from settings. Parameters Use_System_Visuals - Enable /Disable
    FREE
    This indicator offers a robust market analysis method centered around the concept of the 'Regression Channel Tool'. By harnessing this tool, traders can gain exceptional control over their chart's regression channel, enabling them to make more informed trading decisions. The Regression Channel Tool is a powerful instrument in a trader's toolkit. It's designed to provide valuable insights into price trends and potential support and resistance levels. The tool is especially effective for visualizi
    Introducing our powerful Forex indicator designed to enhance your trading strategy and provide you with precise insights into the market trends. This cutting-edge tool employs a sophisticated custom algorithm that meticulously analyzes candle measurements, making adjustments for optimal accuracy. The result? A set of arrows expertly plotted on your chart, indicating strategic entry points. The genius behind this indicator lies in its ability to harness the power of candlestick patterns and comb
    Indicator Description: The Bystra pattern indicator is designed to help traders identify trading opportunities using the Bystra pattern theory. The indicator provides entry values for placing limit orders, along with target and stop levels. This helps traders calculate their risk percentage, which is an essential aspect of proper money management in trading. Indicator Features: Use System Visuals: This option enables or disables the visual theme of the indicator, allowing users to customize its
    The "Fibo Star" indicator is designed to visualize Fibonacci Fans in a star-like pattern on your trading chart. These Fibonacci fans are a powerful tool for analyzing price movements and can offer insights into potential support and resistance levels. This indicator comes equipped with a user-friendly control panel, aiming to simplify the process of drawing and configuring the fans, thus saving you time and effort. Usage Instructions: This indicator is meant for manual usage. To effectively util
    The "Currency Strength Indicator" is a powerful tool designed to provide traders with insights into the relative strength of various currencies in the forex market. By calculating and plotting the strength of each currency based on its corresponding time frame, this indicator offers traders the opportunity to identify potential trading opportunities, especially when there are significant divergences or crossovers observed. Key Features of the Indicator: 1. Currency Strength Calculation: The ind
    Technical Indicator for Detecting Strong Price Action Patterns: Pin Bar, Inside Bar, and Outside Bar Introduction: In the realm of technical analysis, price action patterns serve as vital indicators of potential market movements. We've developed a sophisticated technical indicator that streamlines the identification of robust price action patterns on charts. Our indicator specializes in detecting three essential patterns: Pin Bar, Inside Bar, and Outside Bar. Key Patterns Detected: Pin Bar: The
    This indicator will give you entries as result of scalping strategy that will be applied on 14 symbols in same time and you are able to be notified with this entries  Note :   This indicator for scalping on 5 minutes timeframe only . How to use it : 1-Open chart and adjust settings (edit symbols names as your platform names , activate the alert system if you need it . 2-Wait for any signal you have it from this scanner you will have it as alert and as notification and you will see it on bo
    ON Trade VSA
    Abdullah Alrai
    Introducing "ON Trade VSA" - Your Ultimate VSA Analysis Tool! Unlock the power of Volume Spread Analysis (VSA) with our cutting-edge indicator - "ON Trade VSA." VSA is a powerful methodology used by traders to gauge market strength, identify trends, and make informed decisions. Let's dive into the key features that make "ON Trade VSA" a must-have tool for your trading arsenal: Multicolored Volume Candles : Gain insight into market dynamics with our unique feature that assigns different colors to
    This product is a part of  ON Trade Waves Patterns Harmonic Elliot Wolfe you can test free version on EURJPY from this link  Wolf Waves Indicator Discover Wolf Waves - Your Ultimate Trading Tool! Are you on the hunt for a powerful tool to spot Wolf Waves easily on any time frame? Look no further! Our Wolf Waves indicator does the job effortlessly. Here's why it's perfect for you: Key Features: Automatic Detection: Our Wolf Waves indicator finds key points and draws lines on your chart automa
    This program serves as an effective tool for sending messages through a Telegram bot using the MetaTrader platform. It enables you to send your trading recommendations related to the orders you open on the trading platform directly to your Telegram channel or group. These messages may include details about open trades and can be accompanied by illustrative images of the orders. Alternatively, they can be configured to be without images based on your preferences. This means that if you are the ow
    Introducing our new indicator: [ON Trade Breakout Zone] Simple Yet Powerful Market Analysis Tool for All Traders! Suitable for Both Professionals and Beginner Traders Are you ready to supercharge your trading strategy? Our latest indicator is designed to simplify market analysis and empower traders of all levels. Whether you're a seasoned pro or just starting, [ ON Trade Breakout Zone ] is your key to unlocking potential profits in the market. How to Use [ ON Trade Breakout Zone ]:
    User Manual Download link: https://ontrd.com/our-books/ For all who are asking about indicator  ON Trade Numerology Station It obtain about 16 numerology strategies it make together completed unit control your trading . Basic strategies to work with it are 3 strategies statistics about them are the following : 1. RBA levels success rate more then 95%. 2. FF more then 96%  3.RBA SUN 98% We will not say 100 % as they are .. Ratio rates as following :  1.Rba levels more then 1/3 to 1/6 . 2.FF MOR
    High Quality EA
    Abdullah Alrai
    Introducing our powerful Expert Advisor (EA), specifically optimized to trade gold on the M5 timeframe. Whether you're a seasoned trader or just getting started, this EA is designed to take the complexity out of trading while maximizing your profit potential. ### Key Features: - **Optimized Gold Trading**: The EA is fine-tuned for gold on the M5 timeframe, ensuring it captures high-probability trades with precision. Our development team has spent countless hours perfecting this strategy, with
    This indicator offers a robust market analysis method centered around the concept of the 'Regression Channel Tool'. By harnessing this tool, traders can gain exceptional control over their chart's regression channel, enabling them to make more informed trading decisions. The Regression Channel Tool is a powerful instrument in a trader's toolkit. It's designed to provide valuable insights into price trends and potential support and resistance levels. The tool is especially effective for visualizi
    This is an astronomy indicator for the MT4 / MT5 platform like optuma program that performs a variety of functions. It uses complex algorithms to perform its own calculations, which are so accurate. The indicator has a panel that provides astronomical information such as planets' geo/heliocentric cords, distance of sun/earth, magnitude, elongation, constellation, ecliptic cords, equatorial cords, and horizontal cords depending on  the vertical line that generated by the indicator depend on the t
    Filter:
    Mohd Noor Quddussi Izuywan Bin Mohd Sani
    508
     

    this indicator is good for elliot wave user like me. and the most important we cannot put other indicator with the same chart, also the support is very good.

    Abdullah Alrai
    41580
    Reply from developer Abdullah Alrai 2024.05.16 15:27
    Thank you mr mohd
    Reply to review
    Version 1.2 2024.09.08
    - Bug fix for elliot auto
    Version 1.1 2024.05.16
    -Bug Fix