Wave Structure Pro

Wave Structure Pro is a technical analysis indicator for MetaTrader 4 designed to help traders identify market swings, wave structures, trend direction, dynamic trendlines and potential target levels directly on the chart.

The indicator automatically analyzes price movement and presents the market structure in a clear visual format. It can be used on Forex, Gold, Indices, Commodities and other symbols available in MetaTrader 4.

MAIN FEATURES

• Automatic wave structure detection
• Automatic wave numbering on the chart
• ZigZag-based swing identification
• Latest rising support trendline
• Latest descending resistance trendline
• Optional wave target levels
• Optional Fibonacci wave projection
• Swing price labels
• Configurable historical calculation range
• Popup, push and sound notification options
• Suitable for different symbols and timeframes
• Clean on-chart visualization
• No broker restriction

HOW IT HELPS

Wave Structure Pro helps traders:

• Understand the current market structure
• Identify significant swing highs and swing lows
• Visualize developing upward and downward waves
• Locate dynamic support and resistance using trendlines
• Observe possible continuation or reversal areas
• Find potential wave targets
• Reduce the time required for manual chart analysis
• Add structure confirmation to an existing trading strategy

The indicator is an analytical tool. It does not open, modify or close trades automatically.

LATEST TRENDLINES

The indicator can automatically draw the latest valid trendlines using detected ZigZag swing points.

The rising trendline connects relevant swing lows and may act as dynamic support.

The descending trendline connects relevant swing highs and may act as dynamic resistance.

Trendlines can be extended to the right to make the current market structure easier to monitor.

INPUT PARAMETERS

PRODUCT AND ALERTS

• Show Product Label — Shows or hides the product information on the chart
• Enable Swing Alerts — Enables notifications when a new swing is detected
• Enable Popup Alert — Enables MetaTrader popup notifications
• Enable Push Notification — Sends notifications to a connected mobile device
• Enable Sound Alert — Enables sound notifications
• Alert Sound File — Selects the sound file used for alerts

HISTORY SETTINGS

• History — Number of historical bars used for calculation

WAVE STRUCTURE SETTINGS

• Begin Draw Down — Controls the starting condition for downward wave analysis
• Begin Draw Up — Controls the starting condition for upward wave analysis
• Sector Bar — Adjusts the wave structure sensitivity
• Draw Period — Controls the wave calculation period
• Clear Opposite — Controls the removal of opposite wave objects

WAVE TARGET SETTINGS

• Wave Bar — Number of bars used for wave target calculation
• Draw Wave Fibonacci — Shows or hides Fibonacci wave projections
• Draw Target Level — Shows or hides calculated target levels

MINI TREND SETTINGS

• Draw Mini Trend — Enables or disables additional short-term trend visualization

ZIGZAG AND LATEST TRENDLINES

• Draw Latest Trendlines — Shows or hides the latest rising and descending trendlines
• ZigZag Depth — Minimum depth used for swing detection
• ZigZag Deviation — Minimum price deviation required for a new swing
• ZigZag Backstep — Minimum distance between detected swing points
• Bars To Scan — Number of bars analyzed for the latest structure
• Up Trend Color — Color of the rising support trendline
• Down Trend Color — Color of the descending resistance trendline
• Draw ZigZag Line — Shows or hides the ZigZag structure line
• ZigZag Line Color — Color of the ZigZag line
• ZigZag Line Width — Width of the ZigZag line
• Trendline Width — Width of the latest trendlines
• Extend Right — Extends the latest trendlines toward future bars
• Show Price Labels — Shows or hides prices at detected swing points
• Label Font Size — Font size of the swing price labels

IMPORTANT INFORMATION

Wave Structure Pro analyzes swing points using current and historical price data. The most recent unconfirmed swing, wave number, ZigZag segment, trendline or target level may change when new price data becomes available.

This behavior is commonly known as repainting and is normal for swing-structure and ZigZag-based analysis.

A signal or structure becomes more reliable after the swing has been confirmed. Higher timeframes generally contain less market noise and may experience fewer structure changes than lower timeframes. However, repainting cannot be completely eliminated.

Do not use the indicator as the only reason to enter a trade. Confirm the analysis with price action, support and resistance, trend direction and appropriate risk management.

The indicator does not guarantee profits or predict future prices with certainty. Trading involves risk, and every trading decision remains the responsibility of the user.

RECOMMENDED USE

• Use higher timeframes for broader market structure
• Wait for a swing or wave to become confirmed
• Use trendlines as areas of interest rather than exact entry prices
• Combine the indicator with your own entry confirmation
• Test the settings on a demo account before using them for live trading
• Adjust ZigZag sensitivity according to the symbol and timeframe

Wave Structure Pro is created for traders who want a faster and clearer way to study price waves, swing structure, trendlines and potential market targets on MetaTrader 4.


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MT4 Multi-timeframe Order Blocks detection indicator. Features - Fully customizable on chart control panel, provides complete interaction. - Hide and show control panel wherever you want. - Detect OBs on multiple timeframes. - Select OBs quantity to display. - Different OBs user interface. - Different filters on OBs. - OB proximity alert. - ADR High and Low lines. - Notification service (Screen alerts | Push notifications). Summary Order block is a market behavior that indicates order collection
MagicTrigger — Indicatore di conferma della divergenza HD/RD multi-timeframe MagicTrigger è un motore di divergenze multi-timeframe che cerca una divergenza strutturale su un timeframe superiore (HD) e ne attende la conferma tramite divergenze corrispondenti su timeframe inferiori (RD) all'interno della stessa zona di prezzo. L'indicatore segnala un'opportunità solo quando la struttura del timeframe superiore e le conferme dei timeframe inferiori coincidono, insieme a un punto di ingresso sugger
Enigmera
Ivan Stefanov
5 (9)
ENIGMERA: Il cuore del mercato Importante: La demo di MQL5.com funziona nel Strategy Tester e potrebbe non riflettere completamente le funzionalità di Enigmera. Consulta la descrizione, gli screenshot e il video per maggiori dettagli. Non esitare a inviarmi un messaggio se hai domande! Il codice dell'indicatore è stato completamente riscritto. La versione 3.0 aggiunge nuove funzionalità e corregge i bug accumulati dall'inizio dell'indicatore. Introduzione Questo indicatore e sistema di trading
First time on MetaTrader, introducing IQ Star Lines - an original Vedic Astrology based indicator. "Millionaires don't use astrology, billionaires do" . - J.P. Morgan, Legendary American financier and banker. We don't offer free or bonus indicators in exchange of reviews from you. You won't need any free products with this indicator to make it work. ;) Enjoy! Welcome to  the new and updated  IQ Star Lines , the ultimate fusion of ancient planetary harmonic cycles and modern quantitative trading.
Gold Scalper Indicator
Jeremy Nicolaj Van Hoorn
GoldScalperX V2 PRO Institutional-Style Gold Scalping for Serious Traders Gold doesn’t forgive hesitation. GoldScalperX V2 PRO was built for traders who operate with speed, discipline and structure. This is not a “random arrow indicator.” This is a precision scalping framework engineered for XAUUSD volatility. Why Most Gold Traders Fail They: Enter too early Chase breakouts Trade noise Ignore volatility expansion Blow prop challenges GoldScalperX V2 PRO filters the chaos. It highlights onl
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
FFx Engulfing Setup Alerter gives trade suggestions with Entry, Target 1, Target 2 and StopLoss. Below are the different options available: Entry suggestion - pips to be added over the break for the entry 3 different options to calculate the SL - by pips, by ATR multiplier or at the pattern High/Low 3 different options to calculate the 2 TPs - by pips, by ATR multiplier or at Risk/Reward Offset the dashboard - any place on the chart Remove the suggestion once the price reached the SL line Lines
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Smart Click EA Pro
Surapong Aiempongpaitoon
Smart Click EA V2.0 — Manual Trading Assistant with BreakEven & Dynamic Trailing Stop Developer: Kuma_KC Platform: MetaTrader 4 (MT4) Overview Smart Click EA V2.0 is a lightweight yet powerful manual trading assistant designed for traders who want precision, speed, and control . It’s not an automated strategy — instead, it provides an intuitive click-based trading panel that helps you open, manage, and protect your trades efficiently. With just one click, you can open BUY/SELL orders , adj
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