BeST Elliot Wave Oscillator Strategies MT5

BeST_ Elliot Wave Oscillator Strategies is an MT5 indicator which by default is the difference of two SMAs displayed as a histogram fluctuating around zero while a Signal Line generates Entry Signals either in a Reverse or in a Normal Mode and it is a very powerful tool that very often exploits huge market movements.

Signal Line comes in 2 types:
  • Advanced Get Type – like the corresponding one used in the homonym analysis package
  • Mov. Average Type – as a Moving Average of the Elliot Oscillator

Indicator’s features
  • Easy to trade producing clear Entry signals displayed as Arrows at the EWO and its Signal Line crossing points
  • Not repainting or backpainting Signals
  • Uses 4 selectable and fully configurable Entry Filters of common use (only for Reverse Entries Mode)
  • Customizable colors and sizes
  • It implements performance statistics (mainly for the Reversed Entries Mode)
  • It implements all MT5 Alerts (sound/message,email,push notification)

You can Maximize the product's potentialitty by using our offer for every customer who has already purchased the indicator which is a very useful  Multi-Scanner Indicator displaying % Success Ratio and Profit Factor (P/L) in order to find the most promising trading setups (Symbols and Timeframes).


Input Parameters

=== Basic Settings

  • Elliot Oscillator's Signal Type – select Signal’s type
  • Reverse_Entries Mode – select Entries Mode (Reverse or Normal)
  • Oscillator’s parameters – select MAs forming EWO parameters
  • MA Signal’s parameters – select MA Signal Line parameters

=== Entry Filters Settings

  • Entry_Filter – select  Filter Type (Inactive by default)

      1. Single MA_Filtering Method Settings
      2. Two MAs_Filtering Method Settings
      3. MinCrossingPercentage_Filtering Method Settings
      4. ADXPMDI_Filtering Method Settings

      === Level Settings

      • Level Value – select Oscillator’s Level value (by default is the Zero-Line)

      === Displaying Settings - select which chart objects and features to show/activate and select the color, size and distances of drawn objects

      === Arrows Settings - select Entry arrows / signals features

      === Alert Settings - for controlling the use of all MT5 alerts

      For EA Developers
      • Buy Arrows:    Buffer = 2
      • Sell Arrows:    Buffer = 3




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      5 (2)
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      Ottaviano De Cicco
      5 (2)
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      Garry James Goodchild
      5 (4)
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      Ce tableau de bord affiche les derniers   modèles harmoniques   disponibles pour les symboles sélectionnés, ce qui vous permettra de gagner du temps et d'être plus efficace /   version MT4 . Indicateur gratuit:   Basic Harmonic Pattern Colonnes de l'indicateur Symbol :   les symboles sélectionnés apparaissent Trend   :   haussière ou baissière Pattern :   type de motif (gartley, papillon, chauve-souris, crabe, requin, cypher ou ABCD) Entry:   prix d'entrée SL:   prix du stop loss TP1:   1er
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      4.47 (19)
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      BeST_Fibonacci Retracement Lines is an MT4 Indicator that by default is based on common  Fibonacci levels but it can also draw any 3 desired levels of Retracement or Support of a trending move. It can be used to identify pullback points but also additionally as a kind of a Trailing Stop . BeST_Fibonacci Retracement Lines indicator: • by default draws 38.2%, 50% and 61.8% Retracement Levels of the current price move defined using the Highest High (HH) and Lowest Low (LL) of a desired Look Back Pe
      BeST_IFT of Oscillators Collection is a Composite MT4 Indicator   that is based on the IFT (Inverse Fisher Transformation) applied to RSI , CCI , Stochastic and DeMarker Oscillators in order to find the best Entry and Exit points while using these Oscillators in our trading. The IFT was first used by John Ehlers to help clearly define the trigger points while using for this any common Oscillator ( TASC – May 2004 ). All Buy and Sell Signal s are derived by the Indicator’s crossings of the Buy or
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      3 (1)
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