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Long Waves Scalper

The indicator "Long Waves Scalper"  is designed for the scalping trading method within the trend waves.


The principle of the indicator.

Red arrows - for bearish direction, Blue arrows for bull.
Large arrows determine the direction of the trend.
Inside the bullish or bearish trend, there is an algorithm for generating signals for scalping in the form of small arrows.
Also, in the direction of the trend, the price movement lines are drawn, they act together with the signals of small arrows.
They act as follows: when lines appear, it is possible to form a signal for input, and upon completion - exit from the transaction.
Recommended timeframes for working M5 - H4, it is better to use 2 timeframes.
Arrows are formed on the current candle, if the next candle opens, the arrow on the previous one does not redraw.



Input parameters

  • Trend Zone Period - Trend Period (large arrows)
  • Scalper Arrows Period - Period of calculation of signal arrows (small arrows)
  • Alerts play sound - Alert sound.
  • Alerts display message - Alert message on the screen
  • Alerts send notification - Alert notification
  • Alerts send email - Alert to email
  • Sound file Trend Arrows - Sound file for trend arrows
  • Sound file Signal Arrows - Sound file for signal arrows
  • History Bars - Number of indicator bars on a chart


Reviews 2
rainwalker123
2441
rainwalker123 2020.03.22 10:57 
 

Looking very good to my system

steeleliu
229
steeleliu 2019.07.09 04:23 
 

It is good.

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rainwalker123
2441
rainwalker123 2020.03.22 10:57 
 

Looking very good to my system

steeleliu
229
steeleliu 2019.07.09 04:23 
 

It is good.

Version 2.0 2019.07.20
Optimization of calculation and style.
Version 1.10 2019.07.08
Added additional alerts.