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Wave Cycle Counter

100 USD

Demo downloaded: 31

Published: 7 February 2023

Current version: 1.0

Wave Cycle Counter

Indicators
Eric Evert Ouweneel
Eric Evert Ouweneel
Netherlands

577
5 (2)
2 products 1 comment
Version: 1.0
Activations: 10

Wave and Cycle counter to give an immediate indication how far the ongoing trend has progressed.
Low numbers: trend has just started, ride the trend. Higher numbers: trend is 'older', watch for reversals
This indicator is 100% compatible with the fantastic TopDog trading strategy.
(I will NOT give any details about this Top Dog strategy)

The trend direction is determined by a SMA value (or any other MA) you can set.
Waves and cycles numbers and letters are derived from a SlowStoch setting.
Wave numbers are plotted at/near highs and lows when the SlowStoch is above/below a threshold value.
Cycle letters are plotted when the SlowStoch value is above/below a threshold, but price has not made a candl ebody break higher/lower, relative to the previous high/low.
(as per the Top Dog strategy)

This wave and counter is also a perfect addition to your existing strategy. To give a one glance about the status of trend when opening your chart.

When purchasing this indicator, message the author and the other indicators in the screenshots will be provided as a bonus for free.
Bonus indicators are:
- Multi color SMA indicator. (Also EMA/SSMA/Weighted selectable)
- SlowStoch multi color indicator
- Multi color Momentum indicator (Mom/Dad)
- AND a free Wave Counter for the Momentum indicator !!! (See screenshots for examples)

*** To install the bonus free Wave Counter for the Momentum indicator, drag the Wave counter on the Momentum indicator window.
Then make sure to select the correct sub-window number in the settings. (In the screenshot this would be sub-window nr.2)

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This indicator is an indicator for automatic wave analysis that is perfect for practical trading! Case... Note: I am not used to the Western name for wave classification. Influenced by the naming habit of Chaos Theory (Chanzhongshuochan), I named the basic wave as pen , the secondary wave band as segment , and the segment with trend direction as main trend segment (this naming method will be used in future notes, let me tell you in advance), but the algorithm is not closely relate

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Most arrow indicators give you a signal and leave you to figure out the rest. KT Alpha Hunter Arrows gives you the full trading plan. Every signal arrow prints with a full plan already drawn: entry line, stop-loss, four take-profit levels, and a live edge verdict telling you whether this symbol and time-frame is worth trading right now. An included Trade Manager EA handles the execution after you enter, so discipline stays intact when the market gets loud. Non-repaint. Closed-bar signals only. B

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This indicator has been designed to integrate with the Elliott Wave theory, providing two distinct methods of operation: Automatic Work: In this mode, the indicator operates autonomously by detecting all five motive waves on the chart according to Elliott Wave theory. It offers predictions and identifies potential reversal zones. Additionally, it has the capability to generate alerts and push messages to notify traders of significant developments. This automated functionality streamlines the pro

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Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before purchasing. Videos, settings and descri

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Advanced Market Footprint Profiles is a specialized market analysis tool, representing a customized volume distribution profile enhanced with Delta and Bid/Ask profiles. The indicator builds fixed horizontal profiles (Fixed Range), displaying the distribution of Volume, Delta, and Bid/Ask at each price level with high precision. Unlike standard horizontal volume profiles, which only show overall volume distribution, this indicator combines Volume, Delta, and Bid/Ask within the selected range a

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The " Dynamic Scalper System " indicator is designed for the scalping method of trading within trend waves. Tested on major currency pairs and gold, compatibility with other trading instruments is possible. Provides signals for short-term opening of positions along the trend with additional price movement support. The principle of the indicator. Large arrows determine the trend direction. An algorithm for generating signals for scalping in the form of small arrows operates within trend waves.

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Advanced calculation made by pure price action to find LH and HL breakouts. It will give you a great reversal points in the market. LH and HL signals can used for the traingle breakouts as well. Once breakout happens its indicate strong reversal. Nice filter for Moving Averages. I highly suggest to use that with trend indicators. Can be used as an extra confirmation for support and resistance , supply demand indicators. The indicator is not repainting. Buffers : SetIndexBuffer ( 0 ,UpBar);

200 USD

TRADING STRATEGY GUIDE DELIVERY The full Trading Strategy Guide will be sent directly to you after purchase. Just message me on MQL5 and ask for it — you'll receive it instantly, along with priority support and setup help. Powered Market Scanner for Smart Trading Decisions Keypad Support & Resistance is a next-generation MT4 trading system built for serious traders who demand precision, reliability, and clarity. It combines advanced smart filters with real-time price structure logic to genera

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Next Generation Of Automated Supply And Demand Zones. New and Innovative Algorithm that Works At Any Chart. All Zones Are Being Created Dynamically According To Price Action Of The Market. AMAZING OFFER --> Activations from 5 to 20 for "MTF Supply Demand Zones" and "Automated Trendlines" If you get the MTF Supply Demand Zones you can join the " Trade Like Me " Video Series. It contains 14 Live Sessions where i am placing trades on Forex, Stocks, Indices and Metals. You will be able to see ho

149 USD

Step into the world of Forex trading with confidence, clarity, and precision using Gold Indicator a next-generation tool engineered to take your trading performance to the next level. Whether you’re a seasoned professional or just beginning your journey in the currency markets, Gold Indicator equips you with powerful insights and help you trade smarter, not harder. Built on the proven synergy of three advanced indicators, Gold Indicator focuses exclusively on medium and long-term trends eli

199 USD

The STP Trade Manager is a utility tailored to the ST Patterns strategy by Vladimir Poltoratskiy ( www.stpatterns.com ) While specifically made for this strategy, it can also be used for other trade management. Especially when you have a need for quickly making trades and risk management. It is a huge time saver and helps in quickly drawing the different ST Patterns corridors. People familiar with the ST Patterns strategy will recognize and above all; appreciate the functions of this EA. This

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Wave Cycle Counter

Eric Evert Ouweneel