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Wave Splash

   The Wave Splash technical indicator measures the deviation of the price of an instrument from the average values ​​over a specified period of time. It forms divergence patterns with the price chart and generates leading signals that make it possible to timely detect signs of an upcoming correction in the price of an instrument or a reversal with a trend change even at the moment the price updates extreme values. The Wave Splash indicator is effective in an active market.
       Settings:
Smoothing Filter (default) = 5. Work range 0 - 100.
Hint (bar chart) = 5.
Influence (line solid) = 9.
Sensitivity (line dotted) = 14.

      Ps> = Pi + Ph,
      Pi> Ph, where
Ps - period for Sensitivity line;
Pi - period for Influence line;
Ph - period for Hint (bar chart).

       Signals:
• divergence / convergence;
• crossing the zero level line;
• identification of overbought / oversold zones;
• the position of the indicator lines relative to each other.
In addition to the signal function of the indicator, it is obvious that Wave Splash is used as a filter when making trading decisions.

     https://www.mql5.com/en/users/meijin/seller


Reviews 2
kerkhoff27
293
kerkhoff27 2021.08.05 10:32 
 

Thank you for your hard work, this indicator provides great confirmation with trade decisions.

Rogerio1985
268
Rogerio1985 2021.06.01 14:51 
 

Muito bom

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MonsterDash Harmonic Indicator MT5
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Paul Geirnaerdt
MonsterDash Harmonics Indicator is a harmonic pattern dashboard. It recognizes all major patterns. MonsterDash is a dashboard that displays all detected patterns for all symbols and (almost) all timeframes in sortable and scrollable format. Users can add their own user defined patterns . MonsterDash can open and update charts with the pattern found. Settings MonsterDash's default settings are good enough most of the time. Feel free to fine tune them to your needs. The color settings are for th
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Configurable Dashboard Pro by RunwiseFX MT5
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Runwise Limited
Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use
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kerkhoff27
293
kerkhoff27 2021.08.05 10:32 
 

Thank you for your hard work, this indicator provides great confirmation with trade decisions.

Rogerio1985
268
Rogerio1985 2021.06.01 14:51 
 

Muito bom

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Version 1.1 2021.04.24
Compiled on MetaTrader 5 with build number 2875.