Wolfe waves ultra for MT5

5

The indicator automatically draws Wolfe waves.

The indicator uses Wolfe waves found in three timeframes. This indicator is especially accurate because it waits for a breakout in the wave direction before signaling the trade.

Recommended timeframe: М1.


Indicator features

  • Amazingly easy to trade.
  • The indicator is able to recognize all the patterns of Wolfe waves in the specified period interval.
  • It is a check of potential points 1,2,3,4,5 on every top, not only the tops of the zigzag.
  • Finds the points and builds the lines automatically.
  • Trade reliable price reversals in three timeframes
  • A cutting-edge tool for beginners and experienced traders.
  • Arrow and alert for those who don't know how to use Wolfe waves.
  • Alert, Sound, Email and PUSH are available in the indicator.
  • The indicator has a minimum of adjustable parameters:
  • The last point of the wave is redrawn as the pattern expands (can be customized).
  • An alert and an arrow are displayed when the pattern forms and also when the wave+price breakout takes place.


Settings

Setting waves maximum

  • include wave maximum - enable/disable Wolfe maximum.
  • MaxHistoryBars - lookback period.
  • Period - the number of bars used for the indicator calculations..
  • color lines - wave color.
  • color line 1-4

Setting waves normal

  • include wave normal - enable/disable Wolfe normal.
  • MaxHistoryBars - lookback period.
  • Period - the number of bars used for the indicator calculations..
  • color lines - wave color.
  • color line 1-4

Setting waves minimum

  • include wave minimum - enable/disable Wolfe minimum.
  • MaxHistoryBars - lookback period.
  • Period - the number of bars used for the indicator calculations..
  • color lines - wave color.
  • color line 1-4
  • High up points 1,2,3,4,5 - distance of high points 1.2.3.4.5.
  • Low down points 1,2,3,4,5 - distance of lower points 1.2.3.4.5.
  • On what number bars move line, ( 0 = zero bar ) - number of bars to shift lines (0 = zero bar).
  • number of waves in each period: - this is the number of waves at a time: e.g. "on one wave" - the last wave is deleted and a new one is drawn instead; "in two waves" - the last wave stays, two waves will be available on the chart.
  • Setting notice - set the notification of the Wolfe waves occurrence
  • alert - alert on/off (popup message).
  • email - enable/disable the email alert.
  • PUSH - enable/disable push notifications.
  • sound signal - enable/disable the sound alert.
  • name sound signal - the name of the sound wav file.
Avis 5
Gloitsch
24
Gloitsch 2023.09.12 15:43 
 

Indikator funktioniert und Darstellung ist ideal. Hab alle Charts stehts offen im 1M und Indikator läuft automatisch und benachrichtigt mich per Push wenn er eine neue Wolfe Welle gefunden hat. Tolle Arbeit!

ivanoff2
101
ivanoff2 2019.05.29 21:52 
 

Nice indicator

Pascal Murundelger
3188
Pascal Murundelger 2016.02.23 11:51 
 

Very good indicator!

Good job, thx.

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5 (6)
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5 (6)
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5 (1)
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EA Leonardo
Ruslan Pishun
The Leonardo Expert Advisor is based purely on price action. It trades according to two trading algorithms using pending orders. This system doesn't use breakout, indicators, grid, martingales or hedge management, it is based solely on price action and is not overloaded with a multitude of filters. The EA has been tested on EURUSD M5, USDJPY M5 with 99.9% modeling quality. The EA does not need any kind of complicated setup and is ready to work with multiple symbols and timeframes. The EA is opti
Filtrer:
Gloitsch
24
Gloitsch 2023.09.12 15:43 
 

Indikator funktioniert und Darstellung ist ideal. Hab alle Charts stehts offen im 1M und Indikator läuft automatisch und benachrichtigt mich per Push wenn er eine neue Wolfe Welle gefunden hat. Tolle Arbeit!

finchtrader
21
finchtrader 2019.12.06 22:28 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Ruslan Pishun
39277
Réponse du développeur Ruslan Pishun 2021.11.18 05:29
please update the indicator.
ivanoff2
101
ivanoff2 2019.05.29 21:52 
 

Nice indicator

Pascal Murundelger
3188
Pascal Murundelger 2016.02.23 11:51 
 

Very good indicator!

Good job, thx.

webadamant
41
webadamant 2016.01.12 21:22 
 

По практичности применения примерно как уровни Фибоначи, супер!

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