Enigma Wyckoff

Enigma Wyckoff

Enigma Wyckoff is a technical analysis indicator based on the Wyckoff methodology, designed to assist traders in analysing market structure, price behaviour, and potential accumulation and distribution phases.

The indicator analyses price movement and market conditions to help identify potential Wyckoff-based setups and possible changes in market direction. It provides visual signals and analytical information directly on the chart, helping traders interpret the relationship between price action and the broader market structure.

The indicator can display potential bullish and bearish setups, Wyckoff-related market information, Entry levels, Stop Loss levels, and multiple Take Profit targets. Additional chart information can be used to assess the current market context surrounding a detected setup.

Signal Settings

Enigma Wyckoff includes adjustable input parameters that allow traders to control the sensitivity and selectivity of the analysis.

Parameters related to pattern detection, confirmation, and filtering can influence the number of signals displayed. Increasing the required conditions generally makes the indicator more selective and may result in fewer signals. Reducing these requirements may allow more signals to appear.

The settings can be adapted to different symbols, timeframes, and trading preferences.

How It Works

The indicator applies Wyckoff-based principles to analyse price behaviour and identify potential market phases and setups. It combines this analysis with additional confirmation conditions before displaying signals on the chart.

The exact combination and implementation of these conditions are part of the indicator's internal methodology.

Trade Levels

When a setup is detected, the indicator can provide:

  • Entry level
  • Stop Loss level
  • Take Profit 1
  • Take Profit 2
  • Take Profit 3
  • Visual trade zones

These levels are calculated according to the indicator's internal settings and the conditions detected in the market.

Alerts

The indicator supports configurable alerts when new signals are detected. Depending on the selected settings, alerts can be provided through the MetaTrader terminal and supported notification functions.

Intended Use

Enigma Wyckoff is intended as a technical analysis tool for traders who use Wyckoff concepts and price action in their market analysis.

It does not execute trades automatically and does not guarantee any particular trading outcome. Trading decisions remain the responsibility of the user.

Past signals and historical performance do not guarantee future results. The indicator should be used together with appropriate risk management and independent analysis.

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This indicator is very usefull to TRADE Trading Ranges and helps identify the following TREND. Every Trader knows that any market stay 80% of the time in trading ranges and only 20% of the time in TREND; this indicator has been built to help traders trade trading ranges. Now instead of waiting for the next TREND, You can SWING TRADE on trading ranges with this simple yet very effective indicator. TRADING with CONGESTIONI INDICATOR: The CONGESTIONI Indicator identify a new trading range and ale
I have been trading for some time now and always find it a difficulty remembering the timing of the various market opening hours at the other part of the world (especially, when it comes to daylight saving), but could not find any decent indicator online that could help. And it is for this reason that gives birth to this indicator, which I have spent much time, effort and thinking. As many already know that opening of a certain marketplace, depending on which currency pair, has an impact on the
IQ FX Gann Levels a precision trading indicator based on W.D. Gann’s square root methods . It plots real-time, non-repainting support and resistance levels to help traders confidently spot intraday and scalping opportunities with high accuracy. William Delbert Gann (W.D. Gann) was an exceptional market analyst, whose trading technique was based on a complex blend of mathematics, geometry, astrology, and ancient mathematics which proved to be extremely accurate. We don't offer free or bonus indic
Smart Market Structure Pro by G-Labs — ICT and Smart Money Concepts toolkit with built-in multi-symbol scanner for MetaTrader 5. Break of structure, change of character, order blocks, fair value gaps, liquidity sweeps, premium and discount zones, ICT sessions, confluence scoring, AI trade ideas, and a traffic-light scanner across up to 30 pairs and four timeframes from one chart. Map SMC and ICT on the active chart while the built-in scanner monitors your full watchlist. Each cell shows BUY, SE
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
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