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Royal Wave Pro M5

129 USD

Descargado demo: 379

Publicado: 30 diciembre 2021

Versión actual: 4.6

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Royal Wave Pro M5

Item: Royal Wave Pro M5
Rating: 5
Author: ThomasSander

Indicadores
Vahidreza Heidar Gholami
Versión: 4.6
Actualizado: 17 junio 2022
Activaciones: 10

Royal Wave is a Trend-Power oscillator which has been programmed to locate and signal low-risk entry and exit zones. Its core algorithm statistically analyzes the market and generates trading signals for overbought, oversold and low volatile areas. By using a well-designed alerting system, this indicator makes it easier to make proper decisions regarding where to enter and where to exit trades.

Features

Trend-Power Algorithm
Low risk Entry Zones and Exit Zones
Predictions for Overbought and Oversold areas
Sound Alerts, Push Notifications,Zone Flasher, ...
Multi-Timeframe and Multi-Currency Analysis
Signal Matrix
Cross Window
No Repainting

Please don't hesitate to contact me directly if you have any question or difficulty related to this product. You will get instant responses to your questions sent through MQL5 messenger.
Watch the tutorial video at the end of this description.
Don't forget to subscribe to my YouTube Channel.

Entry Zones

Once the oscillator value is about zero it means there’s going to be a big movement in the price in the near future because traders from almost all timeframes are agree on the current price and have united to move the price by a big step in one direction. Therefore, Royal Wave tries to predict low-risk entry zones where price wants to move only in one direction until the oscillator reaches the exit zone. Entry zones are always going to be the close enough start of a big movement in the price.

Exit Zones

Once the oscillator is in the exit zone close to 100, it’s predicting an overbought when the color is yellow or an oversold when the color is blue. This zone can be used to exit a trade or update a stop loss level because of the high probability of reversals in these areas.

Exit Zone points are potential candidates to be reversal points in a trend. By using the Royal Wave Signal Matrix, some of these areas can be identified as low-risk areas to enter a reversal trade.

Trend and Power

The value of the oscillator represents the current power of the trend which oscillates between 0 and 100. When the power is rising, a yellow color indicates a strong uptrend and a blue color indicates a strong downtrend. A decreasing power shows consolidation which means there is no trend in the price and the trader should wait for the entry zone.

Signal Matrix

Gives an informative view of several symbols for all timeframes in one matrix. Each cell of this matrix is a brief representation of a symbol's price behavior from a single timeframe. Please watch the tutorial video for more details.

Cross Window

See and compare data from an arbitrary symbol and timeframe within a chart with a different symbol and timeframe. This tool can be used to develop multi-symbol and multi-timeframe strategies. Please watch the tutorial video for more details.

Test Recommendations

Use different values for Alpha and Beta. Test both 0.1 and 0.2 values for Alpha on different timeframes.
Alerting functions, Signal Matrix and Cross Window might not work in the test process properly. it's the MetaTrader restrictions for playing sounds and drawing objects in the strategy tester.

Input Parameters

Input Name [Range]	Description
Symbol, Timeframe	Use this input to set different Symbols or Timeframes for the indicator. For example, on a EURUSD chart you can write USDJPY, H1 for the input. By adding a minus sign before the name of the symbol (-USDJPY, H1), Royal Wave will use the inverse of USDJPY which is JPYUSD. Symbol inversion makes it possible to have the same base or quote currency for the chart and the indicator.
Sensitivity [0.0, 1.0]	This input makes the oscillator sensitive to local price movements. The closer to 1, the more it gets sensitive.
Alpha and Beta inputs [0.0, 1.0]	To catch longer trends and for noise canceling increase these inputs. For getting the overall trend add a second Royal Wave with a higher timeframe or with higher values of Alpha and Beta.
Smooth Period	Makes the signal smoother. Enter 0 if smoothing is not required.
Zone Flasher	When using Royal Wave on multiple displays/charts, by color-flashing on entry and exit zones it draws your attention to the chart which potentially requires some trading action.

más detalles...

ThomasSander 2022.11.17 20:54 #

Incredible signals in combination with Royal Scalping Indicator. Good work!

646

ROLF WILLY ORTMANN 2022.02.01 07:55 #

This Indicator works absolutely perfect.Very good work

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Cycle Sniper MT5 Cycle Sniper MT4 Version and definitions : https://www.mql5.com/en/market/product/51950 Important Notes: MT5 Version does not include Breakout Mode and Late Entry Mode Features. MT5 Version does not include RSI and MFI filter. **Please contact us after your purchase and we will send you the complimentary indicators to complete the system.** This indicator does not send any signal without a reason...You can observe and analyze the indicator and the signals it sends Cycle S

150 USD

This indicator is based on John Carter's "TTM Squeeze" volatility indicator, as discussed in his book "Mastering the Trade". In this version, this indicator has some improved features: Multiple timeframes (MTF) is supported. You can analyze multiple timeframes in the same window. Histogram is plotted in a different way to help reduce noise. 3 customizable thresholds to help adjust when the dots change color. The dot color indicates the market volatility: d ark blue: very low volatility blue: low

149 USD

Gartley Hunter - Indicator for finding harmonic patterns (Gartley patterns) and their projections. The indicator is equipped with an alert system. List of patterns At the moment, the indicator contains patterns: Alternative bat Bat Butterfly Crab Cypher Deep crab Gartley Indicator control panel The pattern control panel is located in the lower left corner of the screen. See the picture below for a description of the panel. There are Russian and English version

149 USD

Big promotion on the Robos, Get yours now Robos Indicator The ROBOS indicator is a multi timeframe oscillator that targets the overbought and oversold regions of a price chart, a signal is indicated by the two lines crossing, compatible with all tradable instruments Latest Release The latest release is the version 4.0 #What's new in version 4.0 ? Features Extreme oversold and overbought levels ROBOS version 4.0 comes with cool new feature , the ability to target on

499 USD

Golden Spikes Detector This indicator is based on an advanced strategy primarily for trading spikes on Boom and Crash Indices. Complex algorithms were implanted to detect high probability entries only. It alerts on potential Buy and Sell entries. To trade spikes on the Deriv or Binary broker, only take Buy Boom and Sell Cash alerts. It was optimised for 5-minute timeframe. Features · Sends push notifications to mobile phone · Pop up and sound alerts on computer or laptop ·

150 USD

MetaBands utiliza algoritmos potentes y únicos para dibujar canales y detectar tendencias para que pueda proporcionar a los traders puntos potenciales para entrar y salir de operaciones. Es un indicador de canal junto con un potente indicador de tendencia. Incluye diferentes tipos de canales que se pueden fusionar para crear nuevos canales simplemente utilizando los parámetros de entrada. MetaBands utiliza todos los tipos de alertas para notificar a los usuarios sobre eventos del mercado. Caract

129 USD

149 USD

129 USD

MetaForecast predicts and visualizes the future of any market based on the harmonics in price data. While the market is not always predictable, if there is a pattern in the price, MetaForecast can predict the future as accurately as possible. Compared to other similar products, Metaforecast can generate more accurate results by analyzing market trends. Input Parameters Past size Specifies the number of bars that MetaForecast uses to create a model for generating future predictions. The model

69 USD

129 USD

69 USD

Meta Trend Indicator is an efficient way to forecast and detect the trend in any market. It reveals the trend, support and resistance levels, volatility and the maximum potential target, all in one indicator. To adapt to the price and to decrease consecutive trend failures, the internal trend detector algorithm studies the market and dynamically chooses the right values for the internal parameters. This indicator is a perfect trend filter for any strategy or expert advisor. Features Super Adapti

99 USD

The trend in the market can be predicted using trend lines but the problem is you don’t know where exactly the price is going to touch the trend line where you can put your pending orders on. Smart Channel Expert Advisor makes it possible to put an advanced channel around the price data, which can be configured to handle placing orders, opening and closing positions, managing risk per trade, spread, slippage, and trailing stop-loss and take-profit automatically. Features Money Management (Calc

129 USD

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ThomasSander 2022.11.17 20:54 #

Incredible signals in combination with Royal Scalping Indicator. Good work!

646

ROLF WILLY ORTMANN 2022.02.01 07:55 #

This Indicator works absolutely perfect.Very good work

Versión 4.6 2022.06.17

The Signal Matrix is now scalable for big screens.
The Matrix can auto ajdust itself for any type of screen.
If you use custom scaling for your screen, enter the scaling size in the settings of RoyalWave.

Versión 4.4 2022.03.03

Alert Functions Improvements