ZigZag Robex MT4

Multi-timeframe Parabolic SAR dashboard allows you to add and monitor PSAR trends. The multi-timeframe Parabolic SAR dashboard will save you a lot of time and gives you a single view of the markets using PSAR. In short, you can just view one window and get a snapshot of up to 21 instruments on your MT4 platform. The indicator opens in a sub-window. Below are the features of the PSAR Dashboard Indicator Modify PSAR Settings: The PSAR Dashboard comes with default PSAR settings of 0.02 (Step) and 0

Dynamic ATR Bands & Signals - Volatility-Based Trading System Dynamic ATR Bands & Signals combines the power of adaptive volatility bands with precision stochastic signals to help you identify high-probability trading opportunities across all markets and timeframes. Key Features Adaptive Volatility Bands - Three levels of ATR-based bands automatically adjust to market conditions Precision Entry Signals - Clear buy/sell arrows based on stochastic momentum Fully Customizable - Adjust ever

The Trend Ultimate Indicator is designed for visualizing and analyzing market trends, allowing traders to quickly assess current market tendencies. It is particularly useful for: Determining the duration of the current trend (bullish or bearish). Providing a clear visualization of price behavior relative to key moving averages and the MACD indicator. Supporting decision-making based on histogram dynamics (trend direction and intensity). Trend Ultimate does not guarantee profit but assists trader

Extremums Hybrid — High-Precision Structural Analysis Tool Extremums Hybrid is a professional-grade analytical indicator designed to identify key market reversal points and structural shifts with institutional precision. Unlike standard zigzag indicators, it utilizes a hybrid filtering logic that combines price action , volatility (ATR) , and volume (VSA) . Key Features Adaptive Extremum Detection: Uses a dynamic lookback period to filter out market noise and focus on significant highs and lows.

X-Lines 2.0 Pro I want to present for your attention a new and completely updated and expanded version of X-Lines indicator. Version 2.0 Pro has many new features and can make your analysis more productive. Please read full instructions here . Please before purchasing try free version. Free and limited version (you can set only one alert): here 1) Multi-timeframe settings and user-friendly control panel. You can dynamically select and save indicator settings not only for each currency pairs

The Sensitive Signal ( SS ) indicator, using the filtering methods  (which includes cluster multicurrency analysis) developed by the author, allows, with a high degree of probability, to establish the beginning of the true (filtered from interference - random price walks) trend movement. It is clear that such an indicator is very effective for trading on the currency exchange , where signals are highly distorted by random noise. The filtration developed by the author is carried out

The Objective indicator can be viewed as a complete trading system. The indicator analyzes market dynamics for pivot points. Can be used as a channel indicator or level indicator! The principle of operation of the indicator is to automatically determine the current state of the market when placed on a chart. Shows favorable moments for entering the market in stripes. This indicator allows you to analyze historical data and, based on them, display instructions for further actions on the trader

ARAH TREND is an indicator to detect the current trend, and predict next trend.  Its very simple way to know trend because   the display so clear. Trend changes are indicated by indicator color change. That's great as an entry point.  The advantages of this indicator : - Beautiful Entry Points - No Need Setting - Suitable for all time frames - Geat for GBPUSD and Gold TF H1 - The display is simple and clear It can also be combined with your mainstay indicator so that the entry point is more acc

"Battles between bulls and bears continue to influence price development long after the combat has ended, leaving behind a messy field that observant technicians can use to manage risk and find opportunities. Apply "trend mirror" analysis to examine these volatile areas, looking for past action to impact the current trend when price turns and crosses those boundaries." - Investopedia.com RSI Mirrors and Reflections is a robust technique using multiple RSI periods, mirrors and reflections based o

ForexGumpUltra is a new and more advanced indicator of the ForexGump series. This indicator easily determines the price direction on any currency pair and any timeframe. The indicator draws its signals on the zero bar and does not redraw them (see the video). In the 34th second of the video it can be seen that this indicator uses new filters to determine the changes in price movement direction without delay, despite the market noise present at the moment (see the video on the 34th second). Once

This Indicator will notified you when market going to trend reversal, build with candlestick pattern strategy  --> Sell Reversal Notification will flag with the Yellow arrow --> Buy Reversal Notification will flag with the Pink arrow After Flag Appear, the market usually reverse but carefully you must performs double check because weakness of this indicator when market in the middle of the trend

The best indicator out there, try it yourself! Please leave your positive comments and reviews! Settings: AlertConfirmation: truns on and off alerts CalculatedBars: how many bars will be calculated Distance : arrow distance Buffers: Buffer0 (Arrow Buy) Buffer1 (Arrow Sell) Buffer2 (Empty) Buffer3 (Empty) Buffer4(Buy value == 1) Buffer5(Sell value ==1)

The indicator colors bars displaying prices of overbought and oversold areas on the chart. It will help you to estimate moments when market climate changes and the price has its local extreme values. It can be used both independently and as a good supplement to any channel trading system. And this indicator is easy-to-use in expert advisors due to usage of indicator buffers instead of graphical objects. Settings ExtPeriod = 100 — indicator period; Sensitivity = 80 — indicator sensitivity.

KT DMA is a modified and advanced version of the classic Displaced Moving Averages with buy/sell crossover alerts and a Multi-Timeframe scanner that shows DMA's direction across each real-time time frame. A Displaced Moving Average is a simple moving average that moves ahead or backward in a time frame (either short-term or long-term). It also allows you to predict price movement more accurately. Features Depicts the trend direction using the alignment of three moving averages. Buy/Sell signals

Overview Break Out Zones is a comprehensive market structure analysis indicator for MT4 that identifies and displays key price levels, order blocks, and structural breakouts in real-time. The indicator helps traders understand market flow by automatically detecting swing points, internal structure changes, and significant zones where price action may react. Key Features 1. Market Structure Detection Automatic identification of swing highs and lows with configurable length parameter. Internal st

The Trend Slow indicator uses the author's algorithm for analyzing price behavior and displays the result of complex work in the form of lines. For simplicity, the algorithm automatically changes the line color according to its direction. The indicator has a parameter to enable alerts when the color changes, thus helping the trader to identify new market trends. This system will help you find high-probability trades in the direction of strong trends.

The correlation coefficient reflects the relationship between two values. It shows the dependence of changes in one value on changes in another. For example, from changes in the price of EURUSD and EURNZD. The correlation coefficient in trade, currency relations is constantly changing. Special indicators of correlation help to define it, trace changes, draw correct conclusions. One of them is the Hubbles Correlator indicator. The indicator allows you to simultaneously display several other char

The Transition Trend indicator shows the points of potential market reversal. The indicator's smart algorithm detects the trend, filters out market noise and generates entry signals and exit levels. Simple, visual and efficient trend detection. Uses just one parameter for settings. The indicator does not redraw and does not lag. You can set up message alerts as sound or email. Works on all currency pairs and all timeframes. Ready-made trading system.

TrueRegression will calculate the linear regression of a given sequence of bars, and display the line of best fit on the chart. Regression is used to determine whether a market is currently trending, and whether sub-trends are occurring, which can hint at a potential breakout situation. The indicator will recalculate every 'n' bars (defined by the user input). When the indicator re-draws, it will keep the original lines on the chart, unmodified, so they can be referenced by a custom EA, or by th

RQL_BOX Indicator — English Description (How to Use) What it does RQL_BOX   is a   manual range box tool   controlled by two draggable vertical lines: LEFT handle (v-line):   selects a candle on a chosen timeframe and sets the box   High/Low to that candle’s wicks . RIGHT handle (v-line):   defines   how far to extend   the box to the right (projection end). It then draws: the main box (range), optional   top/bottom 20% zones , an optional   50% midpoint line , and an on-chart   info panel   wit

Based on Vitali Apirin's idea, here is a momentum indicator that he describes as a tool to help traders determine the direction of a trend. If the green line is over the red line, the trend is upward; if the red line is over the green one, the trend is downward. The indicator is made up of two separate calculations: the HHs or higher high stochastic, and the LLs or lower low stochastic, which together comprise the HHLLs. Vitali Apirin uses ideas he discovered while studying the stochastic oscill

Profit Chaser is based on Parabolic SAR indicator. This indicator give an edge by pointing the direction an asset is moving, as well as providing entry and exit points. NOTE:  The EA version of this indicator will be available soon. It will automatically open and close trades for you, it will also allow you to insert your preferred inputs such as Lot size; Take profit; Stop loss; Trailing stop; Break even etc. HOW TO USE: Sell Signal; Place a Sell trade when the indicator arrow points down. Clos

Description Heiken Ashi Multicurrency  is a colored well-known multicurrency/multy-symbol indicator. It shows a financial instrument as a smoothed candlestick chart in a separate window below the chart of the main financial symbol. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error m

This indicator shows Linear Regression Line and it's channels which calculated with fibo numbers. You can use this indicator in different timeframes on your chosen timeframe chart. You only need to attach this indicator on the chart twice or more with a different colors to do this.  There are 6 input parameters; period      : you can choose regression timeframe independent of chart timeframe. linewidth : width of line on the chart. bars back regression begin : calculated regression bar count. LR

With the help of this Practica Trend forex indicator algorithm, you can quickly understand what kind of trend is currently developing in the market. The Practical Trend indicator accompanies long trends, can be used without restrictions on instruments or timeframes. With this indicator, you can try to predict future values. But the main use of the indicator is to generate buy and sell signals. The Practical Trend indicator is used in the forex markets. One of the main definitions for monitorin

This indicator is designed for trend trading and it helps in determining the best entry points. To identify the points, it is necessary to follow the signal line. Once the line crosses the zero level upwards - buy, and when it crosses downwards - sell. In addition to the signal line, the indicator also displays the so-called market "mood" in real time in the form of a histogram. The indicator works on all timeframes and with all instruments. The indicator operation required the Moving Average in

OVERVIEW The Vector Candle Zones Render indicator automatically renders boxes for vector candle zones that are yet to be recovered. The indicator is an implementation of an existing PVA candles indicator. Combine it with PVSRA and MarketMakerMethod strategy. FEATURES Software: MetaTrader4 - MT4 - 600+ build Timeframes: Multi-Timeframe Markets: Forex/Cryptos/Energies/Bonds/Metals/Indices/Futures/Commodities Customizable style parameters: Change Color style Change Percentage style C

Versus USD calculates the price variation of each major currency against the USD and displays a clear and comparative view of their performance for each period or bar indexed by the cursor in the current Timeframe of the chart with progress bars . Additionally, it marks an arrow on the bar/period where the currency in question experienced the highest or lowest rate of change against the USD compared to other currencies, thus providing a more precise measure of the currency's performance. The US

Projection Trend - a Forex arrow indicator without redrawing does not change its signals when the market situation changes, does not adjust to the chart. The signals given by him are unambiguous. Traders build a trading system that provides good signals 80-90% of the time. The indicator showing the points of entry and exit from the market with arrows is able to bring results not only in the Forex market, but also when working with binary options. You can buy it and install it in MetaTrader you

Why the RSI Alert Indicator is Essential for Your Trading Toolkit In the fast-paced world of trading, timely and accurate information is crucial. The RSI Alert Indicator is a powerful tool designed to help you stay ahead of the market by providing real-time alerts when the Relative Strength Index (RSI) reaches critical levels. Whether you're a novice trader or a seasoned professional, this indicator can significantly enhance your trading strategy by pinpointing potential market reversals with

Gann Made Easy is a professional and easy to use Forex trading system which is based on the best principles of trading using the theory of W.D. Gann. The indicator provides accurate BUY and SELL signals including Stop Loss and Take Profit levels. You can trade even on the go using PUSH notifications. PLEASE CONTACT ME AFTER PURCHASE TO GET TRADING  INSTRUCTIONS AND GREAT EXTRA INDICATORS   FOR FREE! Probably you already heard about the Gann trading methods before. Usually the Gann theory is a ve

M1 SNIPER is an easy to use trading indicator system. It is an arrow indicator which is designed for M1 time frame. The indicator can be used as a standalone system for scalping on M1 time frame and it can be used as a part of your existing trading system. Though this trading system was designed specifically for trading on M1, it still can be used with other time frames too. Originally I designed this method for trading XAUUSD and BTCUSD. But I find this method helpful in trading other markets a

An exclusive indicator that utilizes an innovative algorithm to swiftly and accurately determine the market trend. The indicator automatically calculates opening, closing, and profit levels, providing detailed trading statistics. With these features, you can choose the most appropriate trading instrument for the current market conditions. Additionally, you can easily integrate your own arrow indicators into Scalper Inside Pro to quickly evaluate their statistics and profitability. Scalper Inside

First of all Its worth emphasizing here that this Trading Indicator is   Non-Repainting , Non Redrawing and Non Lagging Indicator   Indicator, Which makes it ideal from both manual and robot trading.  User manual: settings, inputs and strategy . The Atomic Analyst  is a PA Price Action Indicator that uses Strength and Momentum of the price to find a better edge in the market. Equipped with Advanced filters which help remove noises and false signals, and Increase Trading Potential. Using Multiple

Trading Special – 40% OFF Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs plus one. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market plus Gold or 1 indices. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch

This indicator is a super combination of our 2 products  Advanced Currency IMPULSE with ALERT  and  Currency Strength Exotics . It works for all time frames and shows graphically impulse of strength or weakness for the 8 main currencies plus one Symbol! This Indicator is specialized to show currency strength acceleration for any symbols like Gold, Exotic Pairs, Commodities, Indexes or Futures. Is first of its kind, any symbol can be added to the 9th line to show  true currency strength accelerat

The indicator accurately shows the reversal points and price return zones where the   Major players . You see where new trends are forming and make decisions with maximum precision, maintaining control over every trade. VERSION MT5     -     Reveals its maximum potential when combined with the   TREND LINES PRO   indicator What the indicator shows: Reversal structures and reversal levels with activation at the beginning of a new trend. Display of   TAKE PROFIT   and   STOP LOSS   levels with mi

Specials Discount now. The Next Generation Forex Trading Tool. Dynamic Forex28 Navigator is the evolution of our long-time, popular indicators, combining the power of three into one: Advanced Currency Strength28 Indicator (695 reviews) + Advanced Currency IMPULSE with ALERT (520 reviews) + CS28 Combo Signals (recent Bonus) Details about the indicator  https://www.mql5.com/en/blogs/post/758844 What Does The Next-Generation Strength Indicator Offer? Everything you loved about the originals, now

TREND LINES PRO    helps understand where the market is truly changing direction. The indicator shows real trend reversals and points where major players re-enter. You see   BOS lines   Trend changes and key levels on higher timeframes — without complex settings or unnecessary noise. Signals don't repaint and remain on the chart after the bar closes. VERSION MT 5     -     Reveals its maximum potential when paired with the   RFI LEVELS PRO  indicator What the indicator shows: Real shifts   tren

The Nihilist 5.0 Indicator includes Forexalien and Nihilist Easy Trend trading strategies and systems. It is composed of an MTF Dashboard where you can analyze the different input possibilities of each strategy at a glance. It has an alert system with different types of configurable filters. You can also configure which TF you want to be notified on your Metatrader 4 platform and Mobile application The indicator has the option to view how could be a TP and SL by using ATR or fixed points, even w

PRO Renko System is a highly accurate trading system specially designed for trading RENKO charts. The ARROWS and Trend Indicators DO NOT REPAINT! The system effectively neutralizes so called market noise giving you access to accurate reversal signals. The indicator is very easy to use and has only one parameter responsible for signal generation. You can easily adapt the tool to any trading instrument of your choice and the size of the renko bar. I am always ready to provide extra support to help

Trend Screener Indicator --Professional Trend Trading & Market Scanning System for MetaTrader Unlock the true power of trend trading with Trend Screener Indicator — a complete multi-currency, multi-timeframe trend analysis solution   powered by Fuzzy Logic,Trend Pulse Technology  and advanced market structure algorithms.   Trend Screener transforms your MetaTrader platform into a professional-grade Trend Analyzer and Market Scanner, helping you identify high-probability trend opportunities, ear

FX Power: Analyze Currency Strength for Smarter Trading Decisions Overview FX Power is your go-to tool for understanding the real strength of currencies and Gold in any market condition. By identifying strong currencies to buy and weak ones to sell, FX Power simplifies trading decisions and uncovers high-probability opportunities. Whether you’re looking to follow trends or anticipate reversals using extreme delta values, this tool adapts seamlessly to your trading style. Don’t just trade—trade

El indicador "MR BEAST ALERTAS DE LIQUIDEZ" es una herramienta avanzada diseñada para proporcionar señales y alertas sobre la liquidez del mercado basándose en una serie de indicadores técnicos y análisis de tendencias. Ideal para traders que buscan oportunidades de trading en función de la dinámica de precios y los niveles de volatilidad, este indicador ofrece una visualización clara y detallada en la ventana del gráfico de MetaTrader. Características Principales: Canal ATR Adaptativo: Calcula

Scalper Vault is a professional scalping system which provides you with everything you need for successful scalping. This indicator is a complete trading system which can be used by forex and binary options traders. The recommended time frame is M5. The system provides you with accurate arrow signals in the direction of the trend. It also provides you with top and bottom signals and Gann market levels. The indicator provides all types of alerts including PUSH notifications. PLEASE CONTACT ME AFT

Rental/Lifetime Package Options and Privileges' Rent Monthly Six Months   Yearly/Lifetime Weis Wave with Speed with Alert+Speed Index x x x Manual  x x x Quick Set up Video x x x Blog x x x Lifetime Updates x x x Setup and Training Material x x Rectangle Break Alert Tool      x Discord Access Channel "The SI traders" x   How to trade info visit:    http://www.tradethevolumewaves.com   ** If you purchase please contact me to setup your  : training Room and  complete manual access.  This is

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

TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custom

Apollo Secret Trend is a professional trend indicator which can be used to find trends on any pair and time frame. The indicator can easily become your primary trading indicator which you can use to detect market trends no matter what pair or time frame you prefer to trade. By using a special parameter in the indicator you can adapt the signals to your personal trading style. The indicator provides all types of alerts including PUSH notifications. The signals of the indicator DO NOT REPAINT! In

Trading Special – 40% OFF Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the pot

Scalping Version <-- Slayer Binary is a binary options one-candle strike arrow indicator. This indicator is not for those seeking the holy grail, as it's an unrealistic approach to trading in general. The indicator gives a steady hit rate, and if used with money management and a daily goal, the indicator will be even more reliable. The indicator comes with many features that are listed below: NOTE: Some signals come delayed on the bar; those signals won't trigger the alert and won't affect overa

Adaptive Volatility Range [AVR] is a powerful tool for identifying key trend reversal points. AVR accurately reflects the Average True Range (ATR) of volatility, taking into account the Volume-Weighted Average Price (VWAP). The indicator adapts to any market volatility by calculating the average volatility over a specific period, ensuring a stable rate of profitable trades. You receive not just an indicator but a professional automated trading system , AVR-EA . Advantages: Automated Trading Sys

Currency Strength Wizard is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real str

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.

Technical indicator that structures charts and identifies cyclical price movements. Can work on any charts. Several types of alerts. There are additional arrows on the chart itself. Without redrawing on history, works on closing a candle. Recommended TF from M5 and higher. Easy to use and configure parameters. When using 2 indicators with different parameters, you can use without other indicators. Has 2 input parameters Cyclicality and Signal duration These 2 parameters work with the processin

CURRENTLY 20% OFF ! Best Solution for any Newbie or Expert Trader! This Indicator is specialized to show currency strength for any symbols like Exotic Pairs Commodities, Indexes or Futures. Is first of its kind, any symbol can be added to the 9th line to show true currency strength of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your trading

No Repaint Bext is a ready-made trading system. Shows when to open and when to close trades, as well as in which direction. Every time a green arrow appears, you need to open a buy trade. Close all buy trades when a red arrow appears. The same goes for the opposite direction, every time a red arrow appears, open sell trades and close them all when a green arrow appears. We use the M5 timeframe for trading. You can trade on any cozy pair. This indicator does not repaint and practically does not

Matrix Arrow Indicator MT4  is a unique 10 in 1 trend following 100% non-repainting  multi-timeframe indicator that can be used on all symbols/instruments: forex, commodities, cryptocurrencies, indices, stocks.  Matrix Arrow Indicator MT4 will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Average Moving Avera

Trend Ai indicator is great tool that will enhance a trader’s market analysis by combining trend identification with actionable entry points and reversal alerts.  This indicator empowers users to navigate the complexities of the forex market with confidence and precision Beyond the primary signals, Trend Ai indicator identifies secondary entry points that arise during pullbacks or retracements, enabling traders to capitalize on price corrections within the established trend. Important Advantage

Are you looking for a simple and reliable indicator that can help you spot market swing points easily? Do you want clear buy and sell signals that work on any timeframe and any trading instrument? Buy Sell Signal Pro is designed to do exactly that. It helps traders identify important market turning points and understand the current market structure in a clear and easy way. This indicator detects Higher Highs (HH), Higher Lows (HL), Lower Highs (LH), and Lower Lows (LL) so you can quickly see wh

The standard RSI indicator is very helpful in identifying overbought or oversold areas during a flat, but gives a lot of false signals when the market is trending. For example: during an uptrend, the standard indicator often enters the "oversold" zone and extremely rarely (most often, when the trend has already ended) enters the "overbought" zone. This indicator takes into account the trend movement and, with the selected settings, can enter the zone opposite to the trend direction, giving a sig

Everything is very simple here. I have never understood indicators without external parameters. And the Awesome Oscillator is no exception. Now you can customize this indicator to suit your needs and strategies. Reference: The Awesome Oscillator indicator shows the distance in points between two moving averages (fast and slow). The AO_Robex indicator has in its parameters a change in the period of moving averages. The default parameters are the same as in the standard indicator.

The standard RSI indicator is very helpful in identifying overbought or oversold areas during a flat, but gives a lot of false signals when the market is trending. For example: during an uptrend, the standard indicator often enters the "oversold" zone and extremely rarely (most often, when the trend has already ended) enters the "overbought" zone. This indicator takes into account the trend movement and, with the selected settings, can enter the zone opposite to the trend direction, giving a sig

Intelligent ZigZag indicator. It has only two settings. The higher the values, the more significant extreme values it shows. Application area. To determine the trend. Line drawing direction. To recognize multiple patterns. If you put two indicators on one chart with fast and slow values. By changing the color of one of them, you can very well decompose the price movement into waves. The indicator can be a great helper for marking the chart and identifying the key levels from which the pri