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Ichimoku wave Pro

FREE

Published: 16 September 2026

Current version: 4.20

Ichimoku wave Pro

Indicators
Bardia Mohammadi
Bardia Mohammadi
Türkiye

642
Version: 4.20
Updated: 16 September 2026

Ichimoku Wave Pro

OVERVIEW

Ichimoku Wave Pro is a MetaTrader 4 chart indicator for traders who want to study Ichimoku Wave, Price and Time Theory from one workspace.

The indicator automatically searches for bullish and bearish A-B-C wave setups, treats them as N-wave candidates, calculates the classical V, N, E and NT price projections, tracks confirmation beyond point B, and shows important Ichimoku time counts on the chart.

It also adds an interactive dashboard, optional Ichimoku confluence filters, higher-timeframe context, P/Y structure guides, draggable A/B/C points and optional alerts.

The indicator is an analytical tool. It does not open, modify or close trades.

MAIN FEATURES

- Automatic bullish and bearish A-B-C / N-wave candidate detection.

- Separate status for an N-wave candidate and a confirmed third leg.

- Classical Ichimoku price projections: V, N, E and NT.

- Optional higher-degree E projection.

- Target-hit tracking directly on the chart and dashboard.

- Kihon time numbers: 9, 17, 26, 33, 42, 65, 76, 129 and 172.

- Corresponding-time projections based on the measured A-B and B-C bar counts.

- Optional vertical time markers and live time-count information.

- P contraction and Y expansion structure guides based on recent swing geometry.

- Optional Kumo geometry filter.

- Optional Ichimoku confluence filter using Tenkan/Kijun, price versus Kumo and Chikou versus past price.

- Optional higher-timeframe Ichimoku context in the dashboard.

- B confirmation level and A invalidation level.

- Live active-leg line from point C to current price.

- Draggable A, B and C points for manual analysis.

- Optional snapping of dragged points to chart bars.

- AUTO and FROZEN/manual working modes.

- On-chart controls for mode, targets, time, structure, refresh and visibility.

- Optional alerts for a new wave, confirmation and target hits.

- Configurable panel position, size and chart colors.

PRICE PROJECTIONS

For the selected A-B-C structure the indicator calculates:

V = B + (B - C)

N = C + (B - A)

E = B + (B - A)

NT = C + (C - A)

These levels are analytical projections, not guaranteed future prices.

WAVE CONFIRMATION

An A-B-C structure is treated as a wave candidate. The third leg is considered confirmed when price closes beyond point B in the expected direction. You can choose whether the indicator displays candidates or only confirmed structures.

TIME THEORY

The indicator can project the selected Kihon time numbers from point A, B or C. It can also compare the elapsed bar count with the A-B and B-C durations and display corresponding-time markers.

Future vertical time positions are chart-time approximations. Weekends, trading sessions and broker history can affect the exact visual position of future markers.

INTERACTIVE CONTROLS

AUTO / FROZEN — switches between automatic wave scanning and manual frozen analysis.

TARGET — shows or hides price projections.

TIME — shows or hides Time Theory objects.

P/Y — shows or hides contraction/expansion structure guides.

REFRESH — returns to automatic detection and rescans the chart.

HIDE — hides or restores the analytical drawings.

IMPORTANT NOTES

- Swing detection is ZigZag-style. The newest developing pivot can change as new market data arrives.

- InpMinPivotAge can be used to avoid using the newest live pivot.

- Push notifications and email alerts require the corresponding MetaTrader 4 settings to be configured.

- The indicator is designed for discretionary analysis and does not provide a profit guarantee.

INPUT PARAMETERS

Swing and wave detection

InpDepth — Swing-search depth.

InpDeviation — Minimum deviation used by the swing engine.

InpBackstep — Minimum backstep between detected extrema.

InpMaxBars — Maximum number of bars processed during scanning.

InpDetectBullish — Enable bullish wave detection.

InpDetectBearish — Enable bearish wave detection.

InpRequireCloseBeyondB — Show only structures whose third leg has closed beyond B.

InpMinPivotAge — Minimum age of point C in closed bars. 0 allows the live pivot.

Kumo and Ichimoku settings

InpUseKumoFilter — Enable the legacy Kumo geometry filter.

InpTenkan — Tenkan-sen period.

InpKijun — Kijun-sen period and Ichimoku displacement.

InpSenkouB — Senkou Span B period.

InpKumoReference — Choose visible Kumo at the point or Kumo projected from the point.

InpRequireOppositeKumo — Require the expected Kumo orientation for the selected wave direction.

InpUseIchiConfluenceFilter — Enable the broader Ichimoku confluence filter at point C.

InpMinIchiConfluence — Minimum confluence score from 0 to 3.

InpUseHigherTFContext — Show higher-timeframe Ichimoku context in the dashboard.

InpHigherTF — Timeframe used for the higher-timeframe context.

Time Theory

InpShowTimeTheory — Enable Time Theory display.

InpTimeOrigin — Select A, B or C as the time-count origin.

InpMaxTimeNumber — Highest Kihon/corresponding count to display.

InpTimeTolerance — Allowed bar distance for a time-confluence message.

InpShowCorresponding — Show corresponding-time counts from A-B and B-C duration.

InpShowTimeVerticals — Draw vertical lines at projected time counts.

Display and behavior

InpAutoRefresh — Recalculate automatically on new bars.

InpShowTargets — Display V, N, E and NT price levels.

InpShowTargetPrices — Display numeric prices next to targets.

InpShowHigherDegreeE — Display an optional higher-degree E projection.

InpHigherDegreeMultiplier — Multiplier used for the higher-degree E projection.

InpShowStructure — Display P contraction or Y expansion guides when detected.

InpShowDecisionLevels — Display B confirmation and A invalidation levels.

InpShowActiveLeg — Draw the line from C to current price.

InpSnapHandlesToBars — Snap manually dragged A/B/C handles to chart bars.

InpShowLegacyScales — Show the legacy A-B, B-C and A-C visual rulers.

Notifications

InpAlertOnNewWave — Terminal alert when a new wave setup is detected.

InpAlertOnConfirmation — Terminal alert when the third leg is confirmed.

InpAlertOnTargetHit — Terminal alert when a projection level is reached.

InpPushNotifications — Send enabled alerts as MetaTrader push notifications.

InpEmailNotifications — Send enabled alerts by email.

Panel

InpPanelCorner — Chart corner used for the dashboard.

InpPanelX — Horizontal dashboard offset.

InpPanelY — Vertical dashboard offset.

InpPanelWidth — Dashboard width.

InpPanelHeight — Dashboard height.

Colors

InpBullWaveColor — Bullish wave color.

InpBearWaveColor — Bearish wave color.

InpTriangleColor — A-B-C structure color.

InpPointTextColor — A/B/C point-label color.

InpActiveLegColor — Active C-to-price leg color.

InpConfirmColor — Confirmation-level color.

InpInvalidColor — Invalidation-level color.

InpPWaveColor — P contraction color.

InpYWaveColor — Y expansion color.

InpTimeColor — Kihon time-marker color.

InpCorrespondColor — Corresponding-time marker color.

InpVColor — V target color.

InpNColor — N target color.

InpEColor — E target color.

InpNTColor — NT target color.

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discount ends soon original price 69 $ ZORYK — Advanced XAUUSD Signal System for MetaTrader 4 You know the feeling. You spend time analyzing gold. You wait for the entry. You finally open the trade, and price immediately moves against you. You close too early, move the Stop Loss, or hesitate for a few seconds. Then the market reaches the exact destination you originally expected without you. The direction was not always the problem. The real problem was uncertainty. You did not know exactl

39 USD

The Storm Prices indicator is trendy, arrow family. It is easy to work and understand when the first red arrow appears, you need to buy, when the first blue arrow appears, sell. The indicator is used for scalping and pipsing. The indicator makes calculations based on several technical indicators. Determines the direction of the trend and gives a fairly clear indication of the position. The indicator allows you to determine the opportunities for entering the market for a short time. There is a sw

89 USD

Liquidity Flow Analyzer (LFA) v2.2 Detects in real time where institutional volume is entering the market — before the price move. What You See Green/Red Histogram — net liquidity flow on each candle: Green = buyers are dominant Red = sellers are dominant LFA Line — smoothed flow trend over the configured lookback window EMA Signal Line — LFA/EMA crossover indicates a momentum shift (similar to MACD) Arrows — Accumulation ↑ and Distribution ↓ signals confirmed by high volume and price positionin

30 USD

Prop Firm Sniper MT4 is a professional market structure indicator that automatically identifies high-probability BUY and SELL opportunities using BOS and CHoCH analysis. Recommended Timeframes: For backtesting, use the indicator on M5 or M15 for Gold (XAUUSD), and M15 or H1 for more volatile Forex pairs such as GBPUSD, USDJPY, EURGBP , and similar markets. CONTACT ME AFTER PURCHASE TO CLAIM YOUR FREE BONUSES! Prop Firm Sniper is a professional market structure indicator designed t

65 USD

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

128 USD

KURAMA GOLD SIGNAL PRO (MT4) — 7-Layer Filter, Auto TP/SL, Quality Score & Signal History Save | Complete XAUUSD Trading System No repaint in real time. The moment a signal appears, the arrow, entry, TP and SL are locked on the spot and never move afterward. What you trade is this real-time signal. And in v7.20, every signal that is actually sent is auto-saved and restored exactly after restart. BUYER BONUS Buy the lifetime license and receive AI Zone Radar (

179 USD

For all those traders interested or currently trading Ichimoku, you will not want to miss this article. Although I am heading out in a few hours with my girlfriend to Harbin Hot Springs, I wanted to write a brief introduction to Ichimoku Number Theory as there has been a lot of questions (and confusion) about Ichimoku settings, time frames, etc. The basis of Ichimoku as known to most is the 5 lines; Tenkan Line Kijun Line Senkou Span A (part of the Kumo) Senkou Span B (other part of the Kum

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Ichimoku wave Pro

Bardia Mohammadi