Market / MetaTrader 5 / Indicators /

Arielfx Wyckoff Wizard

75 USD

Demo downloaded: 3 111

Published: 23 April 2021

Current version: 4.0

Arielfx Wyckoff Wizard

3.1

Indicators
Edward Charlton Jones
Version: 4.0
Updated: 30 May 2022
Activations: 5

How Does It Work?

The Wyckoff Wizard uses Multi-timeframe analysis. In simpler terms, the indicator monitors 2 timeframes. A higher timeframe and a lower timeframe. The indicator determines the trend by analyzing order flow and structure on the higher timeframe(4 hour for instance). Once the trend and order flow have been determined the indicator then uses previous market structure and price action to accurately determine high probability reversal zones.

Once the high probability reversal zone has been established and price starts trading in the zone. The indicator will then analyze the lower timeframe(5 minute timeframe for instance). It monitors volume to determine when there is institutional manipulation. In other words it uses volume to predict when banks and large hedge funds are participating in the market. Once the indicator has determined institutional buying or selling it waits for structure to confirm the institutional intent.

Once structure forms and confirms the institutional intent the indicator will print a BUY or SELL signal.

The Pros of The Wyckoff Wizard!

It is a Smart Money based indicator so you will be trading with banks and other large institutions

The indicator works on Crypto currencies, Forex, Indices such as Nasdaq 100 and US30, Commodities(specifically Gold and Oil) and Stocks

The indicator constantly monitors price action. You can check in your experts tab to see whether price is in a higher timeframe Bullish or Bearish area.

Upon purchase of the indicator, message us and we will provide you with a trading plan for the Wyckoff Wizard. The trading plan includes risk management, stop loss placement and take profit levels.

Wyckoff Wizard Installation and Settings

Once you have purchased the Wyckoff Wizard indicator. Open your Metatrader 5 terminal, right click file and log into your mql5 account. Once you have done this navigate to the toolbox and right click on Market. Once you have done this navigate to purchases and select the Wyckoff Wizard indicator.

Once you have installed the indicator go to the navigator on your mt5 platform and select the Wizard indicator and drag it on to your desired chart.

Keep all of your settings default except for the timeframes and the ZigZag values back.

Change the "higher timeframe" to 1 hour

Change the "lower timeframe" to 1 minute

Change the "ZigZag Values Back" to 3

Make sure to have the timeframe on your chart set to the same timeframe as the lower timeframe in the Wyckoff Wizards settings.

How to Trade With the Wyckoff Wizard:

You will receive a notification on your phone and in your Meta trader 5 platform. You will place a trade in the same direction as the signal and you will use our trade management plan to manage risk

Please Send me a message on telegram if you have any questions

https://t.me/Charlie2202

The indicator works well for people who trade institutional concepts ,order flow, support and resistance, supply and demand, Wyckoff theory, volume traders and divergence traders.

more...

2891

MAKARIOS YACOUBIAN 2022.04.06 22:01 #

we are looking here for high quality indicator so hard to find same in the market .. perfect for daily traders with MTF /i do recommend this , some improvement required to reduce the graphic but this can be done in future and will not effect the 5 the stars rating . Thank you Edward

etherzack 2021.10.28 13:29 #

Very good indicator if you have study SMC and wyckoff. If you have not, check out arielfx

477

Algo T 2021.05.14 07:45 #

ECJ is the man. Super helpful and proactive. Indicator looks promising and also help me set it up correctly over Zoom. 10/10

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Filter:

Ailton Rabelo 2024.04.11 13:55 #

fiz recetemente aquisição do indicador porem estou com problemas quanto a licença, falando que nao tenho a liceça. Agora quanto ao suporte do indicador, falei com o desenvolvedor Edward pelo telegran, nao fui respondido, chamei no chat tambem por aqui do mql5 e tambem nao fui respondido sobre as duvidas referentes ao indicador...

140

Zipkid 2022.09.07 13:57 #

dont waste your, no alert lags vps no graphs current

336

Ben 2022.05.15 09:15 #

Not a good indicator.

1914

Reply from developer Edward Charlton Jones 2022.05.15 16:20 #

Hi its an indicator how can it have drawdown and risk management? You also did not bother to message me to get the trading plan. Please send me a message so that I can assist you

281

lida19801 2022.05.03 15:39 #

waste of time and money

1914

Reply from developer Edward Charlton Jones 2022.05.04 16:24 #

Hi Lida please send me a PM and I will be happy to help

255

cattledog 2022.04.08 02:04 #

useless indicator. save your money

1914

Reply from developer Edward Charlton Jones 2022.05.04 16:25 #

Hi Catlledog please send me a PM and I will assist

2891

MAKARIOS YACOUBIAN 2022.04.06 22:01 #

etherzack 2021.10.28 13:29 #

Very good indicator if you have study SMC and wyckoff. If you have not, check out arielfx

Liberty63 2021.08.20 15:16 #

Bonjour Charlie, j'ai acheté l'indicateur, j'ai suivi minitueusement le processus d'installation. Je vous ai envoyé un message sur telegram.Vous m'avez agréablement répondu en m'envoyant le guide d'installation. J'ai refait l'installation encore et encore mais l'indicateur ne veut pas fonctionner. Pouvez-vous donc m'accorder un zoom comme vous l'avez promis à d'autres ? Je vous remercie d'avance

1914

Reply from developer Edward Charlton Jones 2021.08.20 15:20 #

salut. l'indicateur ne montre pas les signaux passés. Je vous recommande de l'ajouter à 5 ou 6 graphiques et d'activer les notifications. vous devriez recevoir des alertes commerciales dans le journal

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SamitR 2021.05.29 13:09 #

hello Edward, nothing is coming up on the chart after i add the indicator...what should i do?

1914

Reply from developer Edward Charlton Jones 2021.05.29 13:12 #

Hi the indicator does not show previous trades. If you have followed the set up instructions correctly you will receive trade alerts when the markets open on Monday. Please message me on telegram if you have any further questions

477

Algo T 2021.05.14 07:45 #

ECJ is the man. Super helpful and proactive. Indicator looks promising and also help me set it up correctly over Zoom. 10/10

AndersMalmsten 2021.05.10 19:22 #

i have problem with my mt5 platform when i load the Wyckoff indicator platform freezes

420

Pires07 2021.05.08 19:21 #

Great Tool, i have never seen a wonderful indicator that is so accurate, if you trade smart money this is all you need especially for those sniper entries. It saves me time analyzing charts and the indicator picks those perfect setups for my SMT trades. Nice Job

1914

Reply from developer Edward Charlton Jones 2021.05.10 13:55 #

Thank you for the review, I'm happy that you are enjoying it

drumbum 2021.04.27 10:11 #

Excellent indicator.. It gives some really good sniper entries.. It's a great boon for any smart money trader as it analyzes charts for Wyckoff schematics and volume divergence on it's own and gives really great entries.. Running it on over 50 pairs, it can give you multiple great Risk:Reward setups every day.. Must try for anyone who recognizes the power of Wyckoff and Smart Money Concepts..

1914

Reply from developer Edward Charlton Jones 2021.04.27 10:18 #

Thank you for your kind words.

Version 4.0 2022.05.30

Hi I trust you are doing well,

We have added in "Buy" and "Sell" alerts that will be triggered when the indicator prints a signal. The alerts will be sent in the terminal or via the mt5 app. Please kindly send me a message on Telegram if you have any questions or if you need help with installation.

Kind regards

Edward Jones

Version 2.8 2022.01.26

Hi. We have completely revamped the indicator I urge all of you to download the update. The new version of the indicator is extremely accurate. Please make sure to run the indicator on m1 or m5. Please message me on Telegram @Charlie2202 if you need any help with the update or if you need a trading plan!

Version 1.10 2021.05.06

Updated default input variables

Description quality and completeness		2
Reliability and usability		2
User support		1