Wolfe waves ultra for MT5

5

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.
Reviews 5
Gloitsch
24
Gloitsch 2023.09.12 15:43 
 

Indikator funktioniert und Darstellung ist ideal. Hab alle Charts stehts offen im 1M und Indikator läuft automatisch und benachrichtigt mich per Push wenn er eine neue Wolfe Welle gefunden hat. Tolle Arbeit!

ivanoff2
101
ivanoff2 2019.05.29 21:52 
 

Nice indicator

Pascal Murundelger
3188
Pascal Murundelger 2016.02.23 11:51 
 

Very good indicator!

Good job, thx.

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Cristhian Alexander Gaibor Cuasquer
5 (1)
Indicators
LAUNCH PRICE — LIMITED COPIES AT THIS PRICE Current price: $50. Final price: $100. The price increases every 25 sales. Buy now to keep the lowest price. This is not just another structure indicator that draws zones and leaves you guessing. Smart Structure Concepts reads the market for you, marking Smart Money Concepts (SMC / ICT) structure in real time on XAUUSD (Gold), Forex, Indices, Crypto and any other market. Forget going into the inputs to configure every zone: with its interactive dashbo
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FX Levels: Exceptionally Accurate Support & Resistance for All Markets Quick Overview Looking for a reliable way to pinpoint support and resistance levels across any market—currencies, indices, stocks, or commodities? FX Levels merges our traditional “Lighthouse” method with a forward-thinking dynamic approach, offering near-universal accuracy. By drawing from real-world broker experience and automated daily plus real-time updates, FX Levels helps you identify reversal points, set profit targe
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Trend Forecaster – Since 2023. The Trend Forecaster indicator utilizes a unique proprietary algorithm to determine entry points for a breakout trading strategy. The indicator identifies price clusters, analyzes price movement near levels, and provides a signal when the price breaks through a level. The Trend Forecaster indicator is suitable for all financial assets, including currencies (Forex), metals, stocks, indices, and cryptocurrencies. You can also adjust the indicator to work on any time
Stratos Pali mt5
Michela Russo
4.5 (8)
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Stratos Pali Indicator is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost ! Down
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The indicator colors bullish, bearish and doji candles. Also, the amount of candles (bullish, bearish and doji) for the last N days is calculated. You can select colors for both bodies and shadows of candles. You can also enable coloring only candle bodies. МetaТrader 5 version:  https://www.mql5.com/en/market/product/11649 Parameters color bulls = color of bullish candle bodies color shadow bulls = color of bullish candle shadows color bears = color of bearish candle bodies color shadow bears =
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Two Dragon is an advanced indicator for identifying trends, which uses complex mathematical algorithms. It works in any timeframe and symbol. Indicator is designed with the possibility to customize all the parameters according to your requirements. Any feature can be enabled or disabled. When a Buy / Sell trend changes the indicator will notify using notification: Alert, Sound signal, Email, Push. МetaТrader 5 version:  https://www.mql5.com/en/market/product/14906   Parameters Max_Bars_History —
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Ultimatum Breakout - this trading system uses the strategy of valid breakouts, using multiple custom indicators for eliminating bad signals. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The EA is fully adapted: calculates the spread — for pending orders, stop loss, trailing stop, breakeven. It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. No Martingale. No arbi
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The EA Gideon is an Expert Advisor that trades ON NEWS and ON EVENTS that have a strong influence on the market, but do not occur regularly! That is the EA opens Sell Stop and Buy Stop pending orders in case of a sudden price change in any direction and closes them automatically with the profit that you wish. And we all know how often the price changes when a "successful" news appears, how far it can go up or down. Also, this robot protects your deposit by placing SL with customizable parameters
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Ruslan Pishun
3 (2)
Experts
The Expert Advisor uses a strategy based on breakthrough and two additional strategies based on sharp price changes. You can adjust the slope of the breakthrough, the distance between the breakthrough levels and the number of breakthrough levels. The Expert Advisor itself marks the levels that should be broken through. The EA includes two strategies based on sharp price changes: that is the EA opens pending Sell Stop and Buy Stop orders in case of a sudden price change in any direction and close
EA Morpheus
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2.42 (12)
Experts
Breakout based strategy, generates market entry signals when the price crosses a border of a certain price range. To create the strategy, we have used the history data with 99,9% quality for the last 15 years. The best signals had been selected and the false signals have been filtered out. The Expert Advisor performs technical analysis and considers only the breakouts that show the best result. It uses a system of filtering false signals. The EA uses adaptive trailing stop. The EA uses a very
Filter:
Gloitsch
24
Gloitsch 2023.09.12 15:43 
 

Indikator funktioniert und Darstellung ist ideal. Hab alle Charts stehts offen im 1M und Indikator läuft automatisch und benachrichtigt mich per Push wenn er eine neue Wolfe Welle gefunden hat. Tolle Arbeit!

finchtrader
21
finchtrader 2019.12.06 22:28 
 

User didn't leave any comment to the rating

Ruslan Pishun
39171
Reply from developer Ruslan Pishun 2021.11.18 05:29
please update the indicator.
ivanoff2
101
ivanoff2 2019.05.29 21:52 
 

Nice indicator

Pascal Murundelger
3188
Pascal Murundelger 2016.02.23 11:51 
 

Very good indicator!

Good job, thx.

webadamant
41
webadamant 2016.01.12 21:22 
 

По практичности применения примерно как уровни Фибоначи, супер!

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