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TrendWavePattern


TrendWavePattern  an another way to trade with a harmonic pattern, a maestro classic pattern . I made some improvements and combinations with my own strategy. Trend direction, buy-sell signal ,hi-low area and pivot line. These will be helpful for trader to read the current market condition. So it is not blindly following the pattern itself but also following other informations from the market.

Readable chart appearance. Designed to be user friendly even you are a new trader. BUY-SELL zone, TakeProfit and StopLoss price,current market trend and current bearish and bullish pattern. There are 3 Take Profit levels defined by Fibonacci levels and single stoploss drawn up automatically when the pattern triggered .


FEATURES

  1.  Chart Pattern
  2.  Alert when pattern triggered
  3.  BUY-SELL zone
  4.  Entry signal arrow
  5.  Multi TimeFrame Hi-Low Lines
  6.  Multi TimeFrame Pivot Line
  7.  Trend Line
  8.  TakeProfit and StopLoss lines
  9.  Easily to change color theme summarized into 2 color groups
  10.  Hide/Show each object/buffer 

TimeFrame: Recommended M5 - H4

Currency Pair: Any Currency Pair

Also we ca use it on Renko Chart


HOW TO TRADE

There are 2 ways to trade with TrendWavePattern Indicator

 1. Follow Pattern Direction, In case BUY order ( vice versa for SELL  ) :

  •  Bullish Pattern triggered , indicator will provide alert for this.
  •  Current Trend is UP Trend
  •  Price is on BUY ZONE , it is closely on Point D. 
  •  Buy signal arrow triggered ( Candle Close ).
  •  Stop Loss on " StopLoss Buy " line
  •  TakeProfit on Fibonacci level between BUY ZONE and SELL ZONE. There are 3 levels of TakeProfit line. You can choose one of them or you can place 3 buy orders at the same time and price with 3 different takeprofit for each order.
 2. Ignore the direction of Pattern. We can place order buy/sell on every pattern triggered. In case BUY order ( Vice versa for SELL ): 
  •  Pattern triggered ( No matter Bullish/Bearish Pattern ), indicator will provide alert for this.
  •  Current Trend is UP Trend
  •  Price is on BUY ZONE , it can be around Point D or Point C.
  •  Buy signal arrow triggered  ( Candle Close ).
  •  Stop Loss on " StopLoss Buy " line
  •  TakeProfit on Fibonacci level between BUY ZONE and SELL ZONE. There are 3 levels of TakeProfit line. You can choose one of them or you can place 3 buy orders at the same time and price with 3 different takeprofit for each order.


PARAMETERS

  1.  Show Target Fibo( True/False ). It is Fibonacci levels that is also TakeProfit levels 
  2.  Show Arrows (True/False ). It is entry signal arrow.
  3.  Show Trade Zone (True/False ) . It will show /hide trade zone and StopLoss lines.
  4.  Show Pivot ( True/False). It will will show Pivot Line
  5.  Pivot Period. Define Pivot Period here. It can be from M1- Monthly. 
  6.  Show High Low (True/False). It is High Price and Low Price of defined TimeFrame on Point 7 below.
  7.  High Low Period. It is a period of high low , it can be from M1-Monthly.
  8.  Show Texts ( True/ False ). Show/Hide Texts from chart.
  9.  Depth. It is the depth range of pattern
  10.  Histo. The period of bars the indicator will read pattern and zz buffers.
  11.  KPeriod , KPeriod of Stochastic
  12.  DPeriod, D Period of Stochastic
  13.  Slowing, Slowing of Stochastic
  14.  Overbought, Overbought level of Stochastic
  15.  Oversold, Oversold level of Stochastic
  16.  ColorUP, color group of up direction
  17.  ColorDN, color group of Down Direction
  18.  PopUp alert ( true/false ). Alert on current device
  19.  Mobile alert ( true / false). Alert on mobile device using Metaquotes ID
  20.  Email Alert ( true/false ) . Alert thru email. Setting Up email alert on MT4 platform required for this way. 


Please feel free to contact me or post it on comment section for any questions. 


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MIDAS (an acronym for Market Interpretation/Data Analysis System) is an approach to technical analysis initiated in 1995 by the physicist and technical analyst Paul Levine, PhD. Development of the original idea was then continued by Andrew Coles, PhD, and David Hawkins. The result of their work was the book "Technical Analysis MIDAS: VWAP Approach to Trade and Investment in Today's Markets". The MIDAS technical analysis VWAP approach to trading helps to effectively reduce what appears to be mark
79 USD
Monster Harmonic Indicator
Paul Geirnaerdt
Monster Harmonics Indicator is a harmonic pattern indicator. It recognizes Gartley, Bat, Crab, Butterfly, Cypher, White Swan, Black Swan, Shark and several other patterns. Projected patterns that are not yet completed are recognized, too. Monster even shows the PRZ (Potential Reversal Zone). Users can add their own user defined patterns to Monster. Besides the current pattern, Monster also shows all patterns in the symbols history. Monster will provide alerts for developing patterns. Introduced
79 USD
FutureForecastMt4
Andrey Spiridonov
FutureForecast is one of the few indicators looking into the future, or rather calculating the current candle's High and Low price values. Advantages of the indicator no repainting works on any timeframes works with any trading instruments perfectly suitable for scalping and trading binary options Parameters alert - enable/disable alerts about signals. Enabled by default. Parameters (Colors) FutureHigh - estimated High price line color. FutureLow - estimated Low price line color. Recomme
99 USD
MA Super Trend
Jorge Alejandro Agudelo Alvarez
MA Super Trend Un indicador basado en el promedio de máximos y mínimos de un periodo de velas, y junto al promedio del rango verdadero (ATR) dan como resultado una poderosa herramienta de trabajo visual para optimizar las zonas de tendencia y zonas potenciales de entrada al mercado. Con gran adaptabilidad en cualquier tipo de activo financiero y con un potencial de simplificación visual en el gráfico, que hará del gráfico una simple mesa de trabajo. Acompañado de notificaciones sonoras, de mensa
150 USD
Advanced Dashboard for Currency Strength and Speed
Bernhard Schweigert
CURRENTLY 20% OFF !! ⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs. 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. 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 the entire market using a sin
199 USD
Currency Strength Matrix
Raymond Gilmour
THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get our latest chart tool FREE, please see user m
98 USD
Best Currency Strength Indicator
Tumelo Rakotsoane
Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries ec
149 USD
PipFinite Impulse PRO
Karlo Wilson Vendiola
Are You Tired Of Getting Hunted By Spikes And Whipsaws? Don't become a victim of the market's erratic moves.. Do Something About It! Instantly make smarter decisions with Impulse Pro's precise balance of filters and accurate statistics. Timing Is Everything In Trading To learn more, please visit ► www.mql5.com/en/blogs/post/718212 Anticipate the next big move before it unfolds in 3 Simple Steps! Advantages You Get Early impulse detection algorithm. Flexible combination to different tr
88 USD
Moving Average Currency Strength Meter
Emir Revolledo
Before reading the description of this indicator, I just want to introduce to you following concept * MOVING AVERAGE LINE - Typical moving average which is based on one chart alone. * CURRENCY STRENGTH LINE - The moving average of a certain pair in which the strength is based on 28 pairs. Can be said as the REAL MOVING AVERAGE LINE. Moving Average indeed is one of the most popular indicator which almost every trader use. It can clearly give us where the trend of a pair is going. But the fact s
120 USD
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Versión 2.2 2020.08.06
Modification on SL lines, Arrow signal and Fixing bug on Trendlines
Versión 2.1 2020.07.24
Maintenance for the codes structure.
Change default StopLoss value.
Improving signal and alerts
Versión 2.0 2020.06.28
Update on trendline function and some other minor bugs.