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Indicatori

Ondas de wolfe - indicatore per MetaTrader 5

Ismael Robles
Pubblicati da::
Ismael Santiago Robles Serpa
Ismael Santiago Robles Serpa
Hi, I'm Ismael, I've created several indicators on TradingView. I've also been analyzing Bitcoin, US30, and XAUUSD since 2024. I really like this world and I'm here to help each other out.

ispatialresources is my tradingview
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Freelance MQL5 Hai bisogno di un robot o indicatore basato su questo codice? Ordinalo su Freelance Vai a Freelance

This Wolfe Wave indicator gives us an idea of trend reversals, and we can generally apply it to 4-hour or daily time frames.

We can enable it and configure some settings

Among these parameters, we can adjust the number of candles a bar needs to be counted... The higher the setting, the larger the patterns and the fewer the signals.

Minimum ATR wave size: Ignores very small waves; a setting of 0 filters nothing, and a setting of 1 requires each wave to measure at least 1 ATR.

The ATR filter period refers to the number of candles used to measure the ATR—only if the previous setting is not 0.

“Candles from the history to analyze” refers to how far back the system reviews the historical data.


THESE ARE THE RULES FOR WOLFE WAVES, AND WE CAN CONFIGURE THEM TO SHOW ONLY BULLISH, ONLY BEARISH, OR BOTH, IF WE WISH


Clean Pattern (Bulkowski) → Excludes patterns with peaks or troughs that fall outside the pattern.

Require Time Symmetry → The waves must have similar durations.

Symmetry tolerance → How much variation in duration is allowed (1.0 = up to twice as long). This only works if the previous setting is set to true.

Maximum number of candles between point 1 and point 5 → Maximum length the pattern can have.


DRAWING SETTINGS AND COLORS


ALERTS


Previous Day and Week High Low Levels Previous Day and Week High Low Levels

Previous day high and low, previous week high and low and today's open as horizontal lines with small price labels, on any timeframe.

Trading Session Boxes: Tokyo, London, New York Trading Session Boxes: Tokyo, London, New York

Draws the Tokyo, London and New York sessions of the last few days as boxes from each session's high to its low, with the high and low printed on the chart. Session hours are set in server time.

Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

MACD Signals MACD Signals

Indicator edition for new platform.