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Wave Reversal Indicator

4

Wave Reversal Indicator - determines the direction of trend waves and price reversals.


The indicator shows wave movements and trend directions. It gives recommendations where to follow the trader, helps to follow the trading strategy.
It is an addition to an intraday or medium-term strategy.
Almost all parameters are selected for each time frame and are changed automatically, the only parameter for manual adjustment is the wavelength.
Works on various trading instruments and timeframes, recommended to use M5, M15, M30, H1, H4.

Product Features
The horizontal blue-green line is a smoothed trend to confirm reversals.
The yellow and red lines around the central line are predicted reversal lines that determine wave movements.
If the yellow and red lines are pointing up after the confirming green up arrow, the wave movements are bullish, confirming the green trend line.
If the yellow and red lines point out after the confirming blue down arrow, the wave movements are bearish, the blue trend line confirms.


Input parameters

    • Period of smoothed price direction - Changes the smoothed price direction (blue-green line).
    • Wave length - Determines the length of the trend wave.
    • Wave smoothing - Smoothness of the wave when forming signal arrows, reduces market noise.
    • Play sound / Display pop-up message / Send push notification / Send email (true/false) - Use alerts when signal points appear.
    • Sound file signal - Sound file for signals


      Reviews 4
      Junhua Zheng
      185
      Junhua Zheng 2024.06.13 11:34 
       

      very good!请问可以写成ea交易程序吗?

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      Forex Gunslinger  is a BUY/SELL reversal signals indicator designed around the idea of combining support/resistance, crossovers and oscillators in MTF mode.  When everything is aligned the indicator generates a BUY or SELL signal.   Though the indicator is based around the MTF idea, the algorithm is very stable and generates reliable reversal signals. This is an MTF type indicator where it can use a higher or a lower time frame to calculate the signals for your current chart. Though the original
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      Volatility Trend System - a trading system that gives signals for entries. The volatility system gives linear and point signals in the direction of the trend, as well as signals to exit it, without redrawing and delays. The trend indicator monitors the direction of the medium-term trend, shows the direction and its change. The signal indicator is based on changes in volatility and shows market entries. The indicator is equipped with several types of alerts. Can be applied to various trading ins
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      Arrow Micro Scalper - an indicator designed for scalping and short-term trading, integrated into any chart and financial instrument (currency, crypto, stocks, metals). In its work, it uses wave analysis and a trend direction filter. It is recommended to use on time frames from M1 to H4. How to work with the indicator. The indicator contains 2 external parameters for changing the settings, the rest are already configured by default. Large arrows indicate a change in trend direction, blue - the
      Cyclical indicator for trading and predicting the direction of the market. Shows the cyclical behavior of the price in the form of an oscillator. Gives signals for opening deals when rebounding from the upper and lower boundaries of the oscillator. In the form of a histogram, it shows the smoothed strength of the trend. Will complement any trading strategy, from scalping to intraday. The indicator does not redraw. Suitable for use on all symbols/instruments. Suitable time frames for short-term t
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      Point Directions - An indicator showing point levels of support and resistance when the price moves. The arrows show price bounces in the indicated directions. The arrows are not redrawn, they are formed on the current candle. Works on all time frames and trading instruments. There are several types of alerts. Has advanced settings to customize signals for any chart. Can be configured to trade with the trend and corrections. For drawing arrows, there are 2 types of moving averages and an intens
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      Line Breakouts - System for trend trading. Contains a trend identifier that can be adapted to any chart and trading instrument using the period and smoothing function. And a determinant of support and resistance levels. When the price is below the resistance line, open Sell trades, and when the price is above support lines - open Buy transactions. Stop loss should be placed a few points from the lines, Take Profit should be fixed after several candles (3-10-15), based on the time frame. The indi
      Point Trend Indicator - An indicator of the upper and lower level of the trend, which can determine the trend direction and indicate its strengthening. The trend direction is determined by round dots; if the points are above the zero line, the trend is bullish; if below, the trend is bearish. The increase in directional movement is indicated by arrows. It has the only parameter for manual adjustment - Duration of the trend direction.   Possibilities Works on all time frames Adapts to any financ
      Candle Power Signals is a trend indicator that uses a strategy of searching for potential volatile signals to make trading decisions. By analyzing the market, the indicator identifies zones of increased and decreased volatility within the directional trend movement. The main signal generation parameters have already been configured, the remaining settings and periods are indexed into 2 parameters for manual configuration: 1. "Candle calculation method" - 2 signal generation modes, it is recomme
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      Chango Mango
      132
      Chango Mango 2024.08.28 20:27 
       

      Repaint like Picasso

      Junhua Zheng
      185
      Junhua Zheng 2024.06.13 11:34 
       

      very good!请问可以写成ea交易程序吗?

      vandreifx
      224
      vandreifx 2024.05.18 09:15 
       

      User didn't leave any comment to the rating

      Solene Clement
      369
      Solene Clement 2024.05.17 11:44 
       

      User didn't leave any comment to the rating

      Reply to review
      Version 3.0 2024.10.19
      Changed calculation of trend line, no redrawing.
      Changed calculation of wave line, added new parameter.
      Version 2.20 2023.05.29
      Added new parameter
      Version 2.1 2023.05.19
      error correction
      Version 2.0 2023.05.11
      Changes in the calculation algorithm