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지표

FX5_NeelyElliotWave - MetaTrader 4용 지표

조회수:
56091
평가:
(17)
게시됨:
2007.07.31 08:35
업데이트됨:
2014.04.21 14:51
MQL5 프리랜스 이 코드를 기반으로 한 로봇이나 지표가 필요하신가요? 프리랜스로 주문하세요 프리랜스로 이동

In his book “Mastering Elliot Wave”, Glenn Neely described a new approach to Elliot wave analysis. This technique is known as Neely Method and it is a more objective approach to market wave analysis.

The basic unit in this theory is called a Monowave and it is simply the movement of the price until it changes direction. Monowaves can be identified by plotting the high and low prices for a chosen period according to the order of appearance on beginning and the center of the time slot.

There are many levels for this concept and they have different names such as: Monowave, PolyWave, Multiwave, and Macrowave.

The indicator plots various levels of Monowaves on the various timeframes. The beginning and the ending of each monowave is marked by a dot or a small circle. There are four level plotted in four colors:

- Monthly (default color BlueViolet).

- Weekly (default color Green).

- Daily (default color Blue).

- Quarter Daily (default color Yellow).

All the colors can be changed through the indicator’s settings.

I hope this indicator proof to be a useful tool.

Good Luck.

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