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RealWaves

2

The indicator shows the real waves, based on alternating upper and lower extremums of the price chart, thus displaying the wave structure of the market. When using this indicator, there is no need to manually apply the wave markup for the current timeframe.

Relevance of the extremums is determined in the process of their calculation, invalid extremums are not taken into account. Upper extremums are calculated by the bars highs, while lower ones are calculated by the bars lows. Only one bar is considered on each side of the bar, on which the extremum is calculated. The algorithm for determining the waves has nothing to do with ZigZag. The indicator will be very useful to traders who apply wave analysis based on the Elliott wave theory.


Parameters

  • QuantityOfBars - history depth in bars. If a large amount of history is available in the terminal, it is necessary to limit the depth of history to be analyzed by the indicator.
  • Working bar: from 0 to 2 - change the bar, at the end of which the indicator determines the relevance of the last extremum.


Examples

Screenshots 1-3 show the examples of automatic wave layout on the timeframes Н4, Н1 and М15. They also show the waves of the H4 timeframes decomposed into wave components at the smaller timeframes - H1 and M15.

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IX Power lleva por fin la insuperable precisión de FX Power a los símbolos que no son de Forex. Determina con exactitud la intensidad de las tendencias a corto, medio y largo plazo de tus índices, acciones, materias primas, ETF e incluso criptodivisas favoritas. Puede analizar todo lo que su terminal le ofrece. Pruébalo y experimenta cómo tu timing mejora significativamente a la hora de operar. Características principales de IX Power Resultados de cálculo 100% precisos y sin repintado -
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
FX Power MT4 NG
Daniel Stein
5 (7)
Obtenga su actualización diaria del mercado con detalles y capturas de pantalla a través de nuestro Morning Briefing aquí en mql5 y en Telegram ! FX Power MT4 NG es la nueva generación de nuestro popular medidor de fuerza de divisas, FX Power. ¿Y qué ofrece este medidor de fuerza de nueva generación? Todo lo que le encantaba del FX Power original PLUS Análisis de fuerza de ORO/XAU Resultados de cálculo aún más precisos Períodos de análisis configurables individualmente Límite de cálculo persona
Otros productos de este autor
Real Waves MTF
Mikhail Reva
2 (1)
The indicator shows the real waves of four (selectable) timeframes on the current chart, displaying the wave structure of the market. The indicator is able to monitor the formation of waves in real time. It informs the trader when the wave of the current or higher timeframe is completely formed. It visualizes waves starting from the current timeframe and higher. Convenient and customizable visualization of the wave structure of the market. When using this indicator, there is no need to manually
Filtro:
Fxpro Trader Technical
1091
Fxpro Trader Technical 2021.05.14 05:38 
 

Very Ordinary and average indicator, my mt4 freezes a few times, I need to shut the terminal and removed the chart and the indicator, coding must improve to make indicator run smoothly, hope to see some future update.

Respuesta al comentario
Versión 1.4 2020.05.21
Добавлен параметр:
TimeFrames of the waves you want to see - таймфрейм, волны которого вы хотите видеть на текущем графике. Параметр может быть задан "0" - текущий таймфрейм или от "1 minute" до "1 month". Если задаваемый таймфрейм меньше текущего, то задаваемый таймфрейм будет установлен равным текущему таймфрейму.
TimeFrame=0;
Versión 1.3 2017.12.26
Optimized the algorithm for finding extremums
Versión 1.2 2017.12.14
Added the parameter allowing you to change the bar, at the end of which the indicator determines the relevance of the last extremum.