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
3193
Pascal Murundelger 2016.02.23 11:51 

Very good indicator!

Good job, thx.

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Tokyo Indicator provides a clear visual overview of trend direction, potential trading signals, and market conditions. Its colour-coded, stepped trend line distinguishes bullish phases in blue from bearish phases in magenta. Matching directional arrows highlight potential buying and selling opportunities when the displayed trend changes. An integrated dashboard brings together the current signal, market bias, momentum, volatility, and signal quality in one convenient view. This allows traders t
Astral Structure
Ottaviano De Cicco
Indicators
Astral Structure Assess the setup. See the initial plan. Launch Special - $99. $149 after launch. A structure setup raises several questions at once: does the wider view agree, where is the stop reference, and how are targets defined? Astral Structure brings those questions into one workspace for discretionary traders who build their decisions around market structure. Focus on the relevant setup. Review the latest eligible setup, its direction and qualification together. See the wider agreement.
Crystal Heikin Ashi Signals
Muhammad Jawad Shabir
5 (5)
Indicators
Crystal Heikin Ashi Signals—Professional Trend & Signal Detection Indicator Advanced Heikin Ashi Visualization with Intelligent Signal System for Manual & Automated Trading Final Price: $149 ---------> Price goes up $10 after every 10 sales . Limited slots available — act fast . Overview User Guide PDF Crystal Heikin Ashi Signals is a professional-grade MetaTrader 5 indicator that combines pure Heikin Ashi candle visualization with an advanced momentum-shift detection system. Designed for both m
Trend Catcher ind mt5
Ramil Minniakhmetov
5 (18)
Indicators
TREND CATCHER INDICATOR Trend Catcher Indicator analyzes market price movements, using a combination of the author’s proprietary and customized adaptive trend-analysis indicators.  It identifies the true market direction by filtering out short-term noise and focusing on underlying momentum strength, volatility expansion, and price structure behavior.  It also uses a combination of smoothing and trend-filtering customized indicators such as moving averages, RSI, and volatility filters.   Real ope
Dynamic Forex28 Navigator MT5
Bernhard Schweigert
5 (1)
Indicators
Multi Currency Strength and Momentum Indicator MT5 Dynamic Forex28 Navigator is the evolution of our long-time, popular indicators, combining the power of five in one: Advanced Currency Strength28 Indicator (700 reviews) Advanced Currency IMPULSE with ALERT (530 reviews) Currency Strength EXOTICS GOLD Impulse with Alert CS28 Combo Signals (recent Bonus) No need to buy four indicators and stack them on your charts. All of it is merged into one powerful indicator: the strength of the 28 Forex pair
Scalper Vault MT5
Oleg Rodin
5 (1)
Indicators
Scalper Vault is a powerful, fully-equipped trading system designed for traders who want to achieve consistency in intraday trading . This high-precision indicator serves as a complete, standalone trading system that delivers institutional-grade analysis for both Forex and Binary Options traders. PLEASE CONTACT ME AFTER PURCHASE TO GET MY TRADING TIPS PLUS A GREAT BONUS! By eliminating the guesswork and complex manual analysis, Scalper Vault allows you to focus purely on execution using easy to
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Smart Breakout Indicator MT5
Ruslan Pishun
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Smart Breakout Indicator determines support and resistance levels and also shows the breakout points of the levels in the form of a histogram. The program contains two indicators in one: 1-support and resistance lines, 2-histogram indicator based on high price fluctuations. The indicator autonomously calculates the best support and resistance levels and also in the form of a histogram shows the best moments of the breakdown of the lines. The histogram indicator is based on the action of pric
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The draws trend lines with adjustable trend width, with trend breakout settings and notifications of trend breakout (Alert, Sound, Email) and of a new appeared arrow. Arrows point at the direction of the order to open (BUY, SELL). Parameters MaxHistoryBars - the number of bars in the history. Depth (0 = automatic settings) - Search area. width trend ( 0 = automatic settings) - Trend width. (true = closed bars on direction trend),(false = just closed bars for line) - true = closure of candlestic
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Ruslan Pishun
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Wolfe waves ultra draws Wolfe Waves automatically. The indicator searches for the Wolfe Waves on three timeframes. This indicator is especially accurate because it waits for a breakout in the wave direction before signaling the trade, resulting in a very high winning ratio. Features Amazingly easy to trade. The indicator is able to recognize all Wolfe Wave patterns in a specified interval. Thus, we check each extremum for the potential 1,2,3,4,5 points apart from ZigZag vertices. The indicator
EA Red Dragon MT5
Ruslan Pishun
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The Expert Advisor uses the strategy based on the breakdown of the most important support and resistance levels. Adaptive trade trailing algorithm is used. 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 integrates a system of partial position closure during slippages (can be configured). It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. The EA contains the
Wolfe waves modified for mql5
Ruslan Pishun
Indicators
This unique indicator automatically builds Wolfe Waves and features a highly efficient trading strategy.   Use If number 5 appears, wait till the first candle is closed behind Moving Average, then look at the three center lines showing what lot volume should be used if the fifth dot crossed the line 25%. The candle is closed behind Moving Average, and then we open a trade with the lot: = (Let's apply the lot of, say, (0.40), divide it into four parts and open a quarter of the lot (0.10)). If the
EA Gideon
Ruslan Pishun
5 (1)
Experts
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
EA Skynet MT5
Ruslan Pishun
2.25 (4)
Experts
This is a fully automated smart adaptive algorithm. The  SKYNET  system calculates the history data and performs the analysis based on the probability percentage of where the upcoming breakout of the support and resistance level will take place, and places pending orders. The Expert Advisor adapts to any market conditions. It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. The EA contains the algorithm of statistics collection with
Colored Candles Bulls and Bears
Ruslan Pishun
Indicators
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 =
Info body and shadow candles
Ruslan Pishun
Indicators
'Info body and shadow candles' indicator colors the candle bodies and shadows according to the settings. For example, if the 'Size body candles' parameter is 10, the indicator looks for the candles having a body size of 10 or more. Candle shadows are calculated the same way. Detected candles can be colored (body color, shadow color). The indicator can be adjusted for both four- and five-digit quotes. МetaТrader 5 version:  https://www.mql5.com/en/market/product/12977 Parameters Use candle search
Wolfe waves modified
Ruslan Pishun
Indicators
This unique indicator automatically builds Wolfe Waves. Features Finds the points and builds the lines automatically. Efficient trading strategy. No redraws, no lags. The indicator relaunch button is located directly on the chart. The indicator has multiple configurable parameters. Use If number 5 appears, wait till the first candle is closed behind Moving Average, then look at the three center lines showing what lot volume should be used if the fifth dot crossed the line 25%. The candle is cl
Trend modified
Ruslan Pishun
5 (1)
Indicators
The Trend modified indicator draws trend lines with adjustable trend width, with trend breakout settings and notifications of trend breakout (Alert, Sound, Email) and of a new appeared arrow. Arrows point at the direction of the order to open (BUY, SELL). Parameters User Bars - the number of bars for calculations. Depth (0 = automatic settings) - Search area (0 = automatic adjustment). width trend ( 0 = automatic settings) - Trend width (0 = automatic adjustment). (true = closed bars on directi
Expert trend one point
Ruslan Pishun
Experts
We present our totally unique Expert Advisor "Expert trend one point": the EA trades within a trend, it contains a complex strategy (named "one point profit"), does not use stop loss, does not use an adjustable take profit, it adjusts the take profit per one point of profit. The EA works with four or five-digit prices. You can use the Expert Advisor on any currency pairs, however it is recommended to choose symbols with low spread and low stop levels. The EA can work on timeframes M1 , M5, M15,
EA on waves Woolf
Ruslan Pishun
Experts
The EA opens orders using the Wolfe waves indicator, also uses the Martingale and smart Trailing Stop, Stop Loss and Take Profit. Trades are always protected with STOPLOSS, Smart Trailing and Breakeven. This EA is easy to use. The EA has proven results on EURUSD M5, however you can change the settings for better results on other currencies. Settings Setting EA - Settings of the Advisor. Invest More - at the value 'true' the lot size increases as the account balance grows.( Risk Management ). In
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Ruslan Pishun
Indicators
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2 (1)
Experts
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Utilities
The SCRIPT opens , modifies , and deletes all types of orders: BUY, SELL, BUYLIMIT, SELLLIMIT, BUYSTOP, and SELLSTOP. Features Orders can be opened both by comments and magic. Order grids. Take profit and stop loss modification. Orders can be removed by type, magic, and comments. Market orders are deleted if magic = 0. Notification window appears after orders are opened, modified or removed. Multi-task script. Modification is performed after opening orders. Parameters Orders_Tip - consists of
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1.8 (5)
Experts
The Expert Advisor contains multiple trading strategies, including news trading, use of indicators, price velocity and various built-in filters. The EA places pending orders. It has successfully completed stress testing. No Martingale No Arbitrage No any other risky strategy inside No scalping Working currency pair/timeframe: EURUSD H1. Optimized. You can adjust the Expert Advisor to any currency pair! Key Features: It can work with a small deposit. Only pending orders. Every trade has a tight
EA Fox
Ruslan Pishun
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This is an innovative intelligent system consisting of 4 strategies, which detects high-probability entries for price action breakouts on the H1 timeframe. The Expert Advisor includes 3 complex technical strategies and a scalping strategy. The Expert Advisor is fully optimized and ready to use! It is possible to disable each strategy or use them all together. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The potential accumula
EA Innovative PRO
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1 (1)
Experts
EA Innovative PRO is a fully automated EA for Forex trading. It is based on three combined adaptive algorithms. Follows the movement of market price. It was backtested and optimized using real ticks with 99,9% quality. The Expert Advisor has successfully passed the stress test with slippage and commission approximate to the real market conditions. The EA eliminates the extra noise and chooses the most convenient strategy for trading. Dynamically places trailing stop and moves profit to breakeven
EA named Chappie
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2 (4)
Experts
Chappie is a smart adaptable robot, Chappie trades based on multiple trading systems using pending orders, the robot manipulates the pending orders, following the price movement of the market and calculates the price movement for the most accurate market entry. Basic EA settings are calculated for EURUSD. Over 1000 tests have been performed on real and history data with 99.9% quality. Chappie is a result of a long term development. The main idea is to preserve capital through unexpected fluctuat
EA Two MA
Ruslan Pishun
5 (1)
Experts
The Expert Advisor trades by two Moving Average lines. There are also two types of order closing: 1) if there is an opposite signal, 2) closing order by take profit, stop loss, and trailing stop. You can configure Moving Average indicators. Key Advantages Ability to work with fixed lot and MM. Six trailing stop modifications. Easy to use. Two types of order closing. The EA works with all brokers. Parameters General Order Type – trade directions. Use_Risk_MM – if true , lot size is increased wh
Two Dragon
Ruslan Pishun
Indicators
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 —
EA Red Dragon
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2.13 (8)
Experts
The Expert Advisor uses the strategy based on the breakdown of the most important support and resistance levels. Adaptive trade trailing algorithm is used. 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 integrates a system of partial position closure during slippages (can be configured). It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. The EA contains the
EA Skynet
Ruslan Pishun
2.8 (15)
Experts
This is a fully automated smart adaptive algorithm. The SKYNET system calculates the history data and performs the analysis based on the probability percentage of where the upcoming breakout of the support and resistance level will take place, and places pending orders. The Expert Advisor adapts to any market conditions. It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. The EA contains the algorithm of statistics collection with ou
Neon System N1 PRO
Ruslan Pishun
1.75 (4)
Experts
Neon System N1 PRO is along-term system containing 10 different strategies. Each strategy includes multiple indicators, the system is designed for real trading. The system uses 50 standard indicators, the robot contains 10 strategies. This system is not for those "who want everything at once." This system assumes a professional long-term trading on the Forex market. The robot has been tested in a special tester on real ticks. It uses an adaptive trailing stop algorithm. The EA uses a system of c
EA Black Scorpion
Ruslan Pishun
2.88 (8)
Experts
The EA uses the strategy based on breakout. Breakout trading is one of the most popular and most frequently used strategies among Forex traders. This strategy has been developed a long ago and has been repeatedly tested on history data, showing superior results. The EA uses 3 types of trend breakouts, (support and resistance breakout, downtrend breakout, uptrend breakout). The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. It uses
Ultimatum Breakout
Ruslan Pishun
2 (10)
Experts
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
EA Manager
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
Ruslan Pishun
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
EA Super scalper universal
Ruslan Pishun
Experts
The Super scalper universal is a fully automated scalping Expert Advisor, which uses five indicators. Each open position is protected by a hidden stop order managed by an advanced modification algorithm. When searching for the suitable signals, the EA uses the integrated indicator in conjunction with the trend and time filters, as well as the volatility filter. It use dynamic position closure, which considers the location where the order had been opened and the subsequent price action. Profit is
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
39416
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
3193
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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