• Overview
  • Reviews
  • Comments (10)
  • What's new

Extended Waves Auto Trend Lines MT5

The indicator calculates support/resistance wave lines. The calculation is based on the modified algorithm with a minimal delay. Line values are not repainted, except for the current direction forecast line which is calculated dynamically. Two levels of significance of the trend lines are used in the indicator: higher and lower. There are two modes of the price noise smoothing calculation: static and dynamic. In dynamic mode, it is possible to set the minimum filtered value. The number of displayed historic lines is adjustable.


Parameters

  • PeriodHigh - period of calculation of higher trend lines (waves)
  • DivHiPeriod - divider for an additional period
  • HiMethod1 - smoothing method
  • HiMethod2 - smoothing method
  • HiPrice1 - applied price
  • HiPrice2 - applied price
  • PeriodLow - period of calculation of lower trend lines (waves)
  • DivLoPeriod - divider for an additional period
  • LoMethod1 - smoothing method
  • LoMethod2 - smoothing method
  • LoPrice1 - applied price
  • LoPrice2 - applied price
  • PeriodLowest - period of calculation of the lowest wave oscillations
  • DivLLPeriod - divider for an additional period
  • LLMethod1 - smoothing method
  • LLMethod2 - smoothing method
  • LLPrice1 - applied price
  • LLPrice2 - applied price
  • TriggerSensivity - noise filter sensitivity
  • UseDynamicSensivity - enable/disable dynamic calculation of the noise filter
  • DynamicSensivityPeriod - period of dynamic calculation of the noise filter
  • DynamicSensivityMul - ratio of dynamic calculation of the noise filter
  • UseMinSensivityFilterForDynamic - enable/disable using the minimum value in the dynamic calculation of the noise filter. When enabled, the value from the TriggerSensivity parameter is used
  • LeaveHistoryLine - sign of removal of trend lines when the indicator is removed
  • ShowHiPoints - enable/disable display on chart and filling of the indicator buffer for the tops of higher waves
  • HighPivotsSymbol - symbol code
  • HiPivotsShift - symbol up/down shift
  • ShowLoPoints - enable/disable display on chart and filling of the indicator buffer for the tops of lower waves
  • LowPivotsSymbol - symbol code
  • LoPivotsShift - symbol up/down shift
  • ShowLLPoints - enable/disable display on chart and filling of the indicator buffer for the tops of the lowest waves
  • LowestPivotsSymbol - symbol code
  • LLPivotsShift - symbol up/down shift
  • ShowHTL - show/hide higher trend lines
  • ResColorHTL - resistance line color
  • SupColorHTL - support line color
  • StyleHTL - style
  • WidthHTL - width
  • LenMulHTL - duration ratio
  • HistoryCountHTL - number of the higher trend lines displayed on a chart
  • MinPivotDiffIgnoreHTL - acceptable deviation of tops during calculation
  • ShowLTL - show/hide lower trend lines
  • ResColorLTL - resistance line color
  • SupColorLTL - support line color
  • StyleLTL - style
  • WidthLTL - width
  • LenMulLTL - duration ratio
  • HistoryCountLTL - number of the lower trend lines displayed on a chart
  • MinPivotDiffIgnoreLTL - acceptable deviation of tops during calculation
  • ShowForecastTrendLine - enable/disable a forecast trend line
  • ColorFTL - forecast trend line color
  • StyleFTL - forecast trend line style
  • WidthFTL - forecast trend line color width
  • MulFTL - forecast trend line duration ratio
  • HighPivotTextAlarm - enable/disable signals when a new top of higher waves is formed
  • HighPivotEmail - enable/disable emails when a new top of higher waves is formed
  • HighPivotNote - enable/disable push notifications when a new top of higher waves is formed
  • HighPivotSound - name of the sound file for the signals when a new top of higher waves is formed
  • LowPivotTextAlarm - enable/disable signals when a new top of lower waves is formed
  • LowPivotEmail - enable/disable emails when a new top of lower waves is formed
  • LowPivotNote - enable/disable push notifications when a new top of lower waves is formed
  • LowPivotSound - name of the sound file for the signals when a new top of lower waves is formed
No reviews
Version 1.1 - 2017.01.11
Added ability to send an email or a push notification when a new High or Low appears.