Market / MetaTrader 4 / Indicators /

Biwavelet

50 USD

Demo downloaded: 119

Published: 26 October 2017

Current version: 3.56

Biwavelet

Indicators
Ilya Antipin
Ilya Antipin
Russia

841
1 (1)
4 products 29 comments
Version: 3.56
Updated: 14 October 2019
Activations: 5

Biwavelet is an indicator for harmonic forecast of the market based on one-dimensional wavelet transform functions. Wavelet transforms are one of the main tools of digital algorithmic trading. This is due to their ability to analyze and predict processes occurring in two independent basic dimensions - price and time. Wavelets have significant advantages over the Fourier transform, because wavelet transform allows evaluating not only the frequency spectrum of the price signal, but also the time at which a certain price harmonic appeared. The indicator includes the calculation of Morlet wavelets of complex type that allow evaluating the information about the frequency and time of a price signal, to interpret and reveal complex processes and patterns in the behavior of prices.

Adjustable Parameters

wavelet_type - type of the wavelet function.
wavelet_length - length of the price series for calculating the wavelet.
wavelet_value - type of indicator (0 - wavelet waves, 1 - force, 2 - phase).
wave_first - number of the first wavelet wave.
wave_second - number of the second wavelet wave (wave range).
signal - display signals on the chart.
signal_level - offset of the signals on the chart.
info_mode - window with additional information.

more...

The indicator builds current quotes, which can be compared with historical ones and on this basis make a price movement forecast. The indicator has a text field for quick navigation to the desired date. Options: Symbol - selection of the symbol that the indicator will display; SymbolPeriod - selection of the period from which the indicator will take data; IndicatorColor - indicator color; Inverse - true reverses quotes, false - original view; Next are the settings of the text field, in w

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400 USD

Filter:

166

Denis Moisei 2019.10.09 09:09 #

Repainting!

Useless indicator. No support from seller, no info about how to use.

Waste of money.

Biwavelet

Ilya Antipin

Adjustable Parameters