Enhanced Elliott Wave Pro

 

Enhanced Elliott Wave Pro – Advanced Market Structure & Wave Analysis

 

Enhanced Elliott Wave Pro is a lightweight, institutional-grade MT5 indicator that eliminates chart clutter by detecting and displaying only the current, active market structure: the 1-2-3-4-5 Impulse wave and the subsequent A-B-C Correction.

 

Built with classic Prechter wave rules and ATR-adaptive pivot detection, it delivers clean, real-time wave counts without bogging down your terminal.

 

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Key Features:

• Active Structure Only: Focuses exclusively on the unfolding Impulse (1-5) and Correction (A-B-C) phases.

• ATR-Adaptive Swings: Dynamically adjusts pivot detection to market volatility, filtering out false breakouts.

• Prechter Rules Enforced: Strict validation guarantees only mathematically sound counts (e.g., Wave 3 is never the shortest).

• Automated Fibonacci & Channels: Plots relevant retracement/extension levels and wave channels automatically.

• Safe & Lightweight: 100% native MQL5 code with NO DLLs and NO external web requests.

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Recommended Settings:

• Scalping (M1–M5): ATR Period 7–10 | Multiplier 1.0–1.2 | Min Bars 2

• Intraday (M15–H1 - Default): ATR Period 14 | Multiplier 1.5 | Min Bars 3

• Swing Trading (H4–D1): ATR Period 21 | Multiplier 2.0–2.5 | Min Bars 5

 

Tip: Set "Recalculate only on a new bar" to True for optimal CPU efficiency.

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Best Performing Markets:

• Forex Majors: EURUSD, GBPUSD, USDJPY (Clean liquidity & wave geometry)

• Indices: US30, NAS100, SPX500 (Strong, sustained impulse moves)

• Metals & Energy: XAUUSD (Gold), WTI Oil (Respects Fibonacci extensions)

• Crypto: BTCUSD, ETHUSD (Best on H4 and Daily timeframes)

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Live Counting Note:

Elliott Wave theory is probabilistic. Unconfirmed developing waves (Wave 5 / Wave C) adapt dynamically until confirmed by price action. Once a pivot is confirmed, the count locks in place.

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Disclaimer: Trading involves significant financial risk. Always test on demo before deploying on live accounts. This indicator to assist you to analyze chart it is not a financial advice for buy or sell; the risk management is yours


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Boom & Crash & PainX & GainX Ultimate Spike Detector Trade Spikes With Confidence — Not Guesswork Catching spikes should be one of the most profitable strategies in synthetic markets. But for most traders, it becomes one of the most frustrating. You enter too early… price goes against you. You wait for a spike… it never comes. You finally catch one… but don’t know whether to hold or close. You make profit… then give it all back because there’s no exit plan. This is exactly the problem the Ultim
Price Action Trend Pro Combo
Michael Oko Oboh
Indicadores
Em poucas palavras Este indicador combina dois especialistas — o RSI e o MACD — num único sistema. Em vez de você olhar para dois gráficos separados e tentar adivinhar, ele toma a decisão por você: quando ambos os indicadores concordam, ele desenha uma seta (compra ou venda). O mais importante: as setas não são repintadas . Depois que aparece, fica no lugar. Você pode fazer backtesting e operar ao vivo com total confiança. O que significa "Combo" Normalmente, um trader olha para o RSI (que mede
MasterTrend
Temirlan Kdyrkhan
Indicadores
MasterTrend Indicator for MT5 A powerful trend-following and signal-evaluation tool MasterTrend   is a custom MT5 indicator that combines Moving Averages and ATR-based risk/reward logic to generate clear buy/sell signals. It visualizes dynamic SL/TP levels, evaluates past trade outcomes, and displays win/loss statistics in a clean on-chart panel. Key features include: Buy/Sell signals based on MA crossovers ATR-based SL/TP1/TP2/TP3 levels with visual lines and labels Signal outcome tracking wit
SMC Sweep Fvg MT5
Daniil Sleptsov
5 (1)
Indicadores
SMC Sweep Fvg MT5 — veja o mercado como o smart money, direto no seu gráfico Você conhece essa sensação: o preço tira o seu stop, vira e vai exatamente para onde você esperava. Você estava certo na direção. Errou só na entrada. Este indicador existe para que isso aconteça com menos frequência. Ele assume a parte mais difícil da análise — mapear o gráfico — e deixa com você o que importa: a decisão. O que você vê no gráfico Estrutura de mercado — máximos e mínimos estruturais reais com rótulo
Gold Xausd Hunter
Metin Erkamoglu
5 (2)
Indicadores
MATADOR GOLD XAUUSD M5 Scalp Signals for MT5 MATADOR GOLD is a decision-support indicator for MetaTrader 5, designed for traders who analyze short-term Gold movement on the M5 timeframe. The indicator does not open, close, or manage trades automatically. It provides buy and sell signal guidance so the user can make their own trading decisions according to their risk plan, broker conditions, and trade management rules. Main purpose MATADOR GOLD is built to help traders avoid noisy signal flow and
Historical Similarity Matcher
Giorgi Samkharadze
Indicadores
Historical Similarity Matcher Indicator (HI.SI.MA) Try it free today — demo version now available!   https://www.mql5.com/en/market/product/167114 Overview The Historical Similarity Matcher is a technical analysis indicator for MetaTrader 5. It scans historical price data to find segments that show statistical similarity to a user-selected reference period on the chart.
PrimeScalping
Temirlan Kdyrkhan
Indicadores
PrimeScalping is a powerful trading companion designed to generate high-probability entry signals with dynamic TP/SL/DP levels based on volatility. Built-in performance tracking shows win/loss stats, PP1/PP2 hits, and success rates — all updated live. Key Features: Buy/Sell signals with adaptive volatility bands Real-time TP/SL/DP levels based on ATR Built-in MA Filter with optional ATR/StdDev volatility Performance stats panel (Success, Profit/Loss, PP1/PP2) Alerts via popup, sound, push, or e
Elliott Wave Engine
Enrique Gauto Sand
Indicadores
Elliott Wave Engine The Auto Elliott Engine is a tool designed for MetaTrader 5 that automates the identification, decomposition, and projection of price structures based on the Elliott Wave Theory. Powered by a pattern-recognition engine, this indicator processes price action to identify market configurations, translating data into structured scenarios. Key Features Multi-Degree Recognition: Analyzes price action across multiple fractal levels. From higher degrees, such as Supercycle or Cycle,
SMC Pro AI Indicator MT5
Daniel Grigerek
Indicadores
==================================================================== SMC Pro v6.1 APEX AI — XAUUSD Gold Empire Indicador para MetaTrader 5 · Smart Money Concepts · Motor de Inteligência Preditiva ==================================================================== O SMC Pro v6.1 APEX AI é um sistema de indicador profissional baseado em Smart Money Concepts, criado exclusivamente para XAUUSD (ouro) no MetaTrader 5. Ele combina o framework completo de SMC — Order Blocks, Liquidity sweeps (varre
XCalper TFO
Aecio de Feo Flora Neto
Indicadores
This oscillator was developed exclusively by xCalper in 2015 based on moving averages calculations to indicate and try predicting oversold and overbought levels. The fast line (white, by default) oscillates basically between values -0.5 (oversold) and +0.5 (overbought). Whenever this line crosses upward value -0.5, it means an oversold price level. When it crosses downward value +0.5, it means an overbought price level. When fast line crosses value 0.0 and returns, it is a strong pull-back indic
Pan PrizMA CD Phase
Aleksey Panfilov
Indicadores
The Expert Advisor and the video are attached in the Discussion tab . The robot applies only one order and strictly follows the signals to evaluate the indicator efficiency. Pan PrizMA CD Phase is an option based on the Pan PrizMA indicator. Details (in Russian). Averaging by a quadric-quartic polynomial increases the smoothness of lines, adds momentum and rhythm. Extrapolation by the sinusoid function near a constant allows adjusting the delay or lead of signals. The value of the phase - wave s
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Fractal Geometry Matrix Pro
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Indicadores
Fractal Wave Matrix Pro Fractal Wave Matrix Pro is an advanced, institutional-grade research indicator for MetaTrader 5. It uses mathematical fractal geometry, Dynamic Time Warping (DTW), and market regime detection to find historical price analogs and project their future paths. Designed for serious traders, it combines pattern matching, automated Elliott Wave counting, and multi-timeframe analysis into a single, highly optimized, zero-lag tool. What You See on the Chart ·        Target & Analo
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