Easy Ichimoku Waves Meter vm EN

4

The "Easy Ichimoku Wave Meter" indicator is a basic tool to automatically determine Waves according to Ichimoku!


The indicator gives the possibility to simultaneously apply the Wave Theory, Time Theory and Target Price Theory according to the "Little Ichimoku" strategy developed by Sense Hosoda on the MT4 platform. 

The use of this tool allows not only novice traders to instantly (fully automatic) determine the waves and their rapid interpretation, it also allows to automatically measure the proportions of the currently played wave V and on its basis to perform calculations of the forecasted market ranges. Calculations are performed using the basic formulas for time and price wave movements derived by Goichi Hosoda. The numerical values selected by Sage Hosoda are distinguished graphically by the program. As a result, we obtain prediction intervals from the nearest to the possible further interval in a very precise range. In the case of high motion dynamics, in addition to the basic Wave Motion Theory schemes: V, N, E and NT, a multiple of the range is added, e.g. 2E or 3E. Additionally, for clarity, the calculation of the temporal ranges is presented in an information window.

Depending on the measurement methodology used, analyses can be performed both at extremes and at price closes. The change of methodology is made by a single press of the E/C button (measurement at extremes / closes). The tool allows for a simple individual adjustment ("Rc" button - recalibration slider) of the range of wave motion directly from the graphics window. 

Automatic determination of waves should be treated as an introduction to a proper analysis according to Ichimoku kinkōhyō. The indicator was designed on the basis of knowledge and experience of traders applying Ichimoku kinko hyo strategy, as well as with regard to their expectations. The presented tool is the result of our work.

Check out our other products and tools for professionals: https://www.mql5.com/en/users/ichimoku.eu/seller


Notes:

If you will be using the program in the MT4 strategy tester please remember to:

- Set the test model to: "Every Tick",

- If you want to recalibrate significantly slow down the test with the slider "Visual Mode" for the recalibration time. 


Join our channel: https://www.mql5.com/en/channels/Ichimoku_Waves_Meter


We wish you profitable analysis.

Best regards

Ichimoku.eu Team


Reviews 1
alinafar
108
alinafar 2025.02.02 00:56 
 

good

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Gold Scalper Super is an easy-to-use trading system. The indicator can be used as a standalone scalping system on the M1 time frame, as well as part of your existing trading system. Bonus: when purchasing an indicator, Trend Arrow Super is provided free of charge, write to us after purchase. The indicator 100% does not repaint!!! If a signal appears, it does not disappear! Unlike indicators with redrawing, which lead to the loss of a deposit, because they can show a signal and then remove it.
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Top Bottom Tracker is an indicator based on sophisticated algorithms that analyse the market trend and can detect the highs and lows of the trend / MT5 version . The price will progressively increase until it reaches 500$. Next price --> $99 Features No repainting This indicator does not change its values when new data arrives Trading pairs All forex pairs Timeframe     All timeframes Parameters ==== Indicator configuration ==== Configuration parameter // 40 (The higher the value, the
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alinafar
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alinafar 2025.02.02 00:56 
 

good

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