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Royal Wave Pro M5

5

Royal Wave is a Trend-Power oscillator which has been programmed to locate and signal low-risk entry and exit zones. Its core algorithm statistically analyzes the market and generates trading signals for overbought, oversold and low volatile areas. By using a well-designed alerting system, this indicator makes it easier to make proper decisions regarding where to enter and where to exit trades.

Features

  • Trend-Power Algorithm
  • Low risk Entry Zones and Exit Zones
  • Predictions for Overbought and Oversold areas
  • Sound Alerts, Push Notifications,Zone Flasher, ...
  • Multi-Timeframe and Multi-Currency Analysis
  • Signal Matrix
  • Cross Window
  • No Repainting

  • Please don't hesitate to contact me directly if you have any question or difficulty related to this product. You will get instant responses to your questions sent through MQL5 messenger.
  • Watch the tutorial video at the end of this description.
  • Don't forget to subscribe to my YouTube Channel.

Entry Zones

Once the oscillator value is about zero it means there’s going to be a big movement in the price in the near future because traders from almost all timeframes are agree on the current price and have united to move the price by a big step in one direction. Therefore, Royal Wave tries to predict low-risk entry zones where price wants to move only in one direction until the oscillator reaches the exit zone. Entry zones are always going to be the close enough start of a big movement in the price.


Exit Zones

Once the oscillator is in the exit zone close to 100, it’s predicting an overbought when the color is yellow or an oversold when the color is blue. This zone can be used to exit a trade or update a stop loss level because of the high probability of reversals in these areas.

Exit Zone points are potential candidates to be reversal points in a trend. By using the Royal Wave Signal Matrix, some of these areas can be identified as low-risk areas to enter a reversal trade.


Trend and Power

The value of the oscillator represents the current power of the trend which oscillates between 0 and 100. When the power is rising, a yellow color indicates a strong uptrend and a blue color indicates a strong downtrend. A decreasing power shows consolidation which means there is no trend in the price and the trader should wait for the entry zone.


Signal Matrix

Gives an informative view of several symbols for all timeframes in one matrix. Each cell of this matrix is a brief representation of a symbol's price behavior from a single timeframe. Please watch the tutorial video for more details.


Cross Window

See and compare data from an arbitrary symbol and timeframe within a chart with a different symbol and timeframe. This tool can be used to develop multi-symbol and multi-timeframe strategies. Please watch the tutorial video for more details.


Test Recommendations

  • Use different values for Alpha and Beta. Test both 0.1 and 0.2 values for Alpha on different timeframes.
  • Alerting functions, Signal Matrix and Cross Window might not work in the test process properly. it's the MetaTrader restrictions for playing sounds and drawing objects in the strategy tester.


Input Parameters

Input Name [Range] Description
Symbol, Timeframe Use this input to set different Symbols or Timeframes for the indicator. For example, on a EURUSD chart you can write USDJPY, H1 for the input. By adding a minus sign before the name of the symbol (-USDJPY, H1), Royal Wave will use the inverse of USDJPY which is JPYUSD. Symbol inversion makes it possible to have the same base or quote currency for the chart and the indicator.
Sensitivity [0.0, 1.0] This input makes the oscillator sensitive to local price movements. The closer to 1, the more it gets sensitive.
Alpha and Beta inputs [0.0, 1.0] To catch longer trends and for noise canceling increase these inputs. For getting the overall trend add a second Royal Wave with a higher timeframe or with higher values of Alpha and Beta.
Smooth Period Makes the signal smoother. Enter 0 if smoothing is not required.
Zone Flasher When using Royal Wave on multiple displays/charts, by color-flashing on entry and exit zones it draws your attention to the chart which potentially requires some trading action.


İncelemeler 2
ThomasSander
84
ThomasSander 2022.11.17 20:54 
 

Incredible signals in combination with Royal Scalping Indicator. Good work!

ROLF WILLY ORTMANN
646
ROLF WILLY ORTMANN 2022.02.01 07:55 
 

This Indicator works absolutely perfect.Very good work

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We present you the iVISTscalp5 indicator, which is not only unique, but also effective in the analysis of trading operations. This indicator is based on time data and is the result of many years of experience and deep analysis of financial markets. The iVISTscalp5 indicator is an excellent assistant for manual trading. Convenience, simplicity and visualization. All the most difficult is hidden inside. We have simplified the settings and use of the iVISTscalp5 indicator as much as possible. The i
500 USD
The Quantum VPOC indicator has been developed to expand the two dimensional study of volume and price, to a three dimensional one which embraces time. The volume/price/time relationship then provides real insight to the inner workings of the market and the heartbeat of sentiment and risk which drives the price action accordingly. The Quantum VPOC indicator displays several key pieces of information on the chart as follows: Volume Profile - this appears as a histogram of volume on the vertical pr
197 USD
WAPV Full MT5
Eduardo Da Costa Custodio Santos
## WAPV Full kullanarak profesyonelce çalışın ve takip edin büyük oyuncuların parası nerede Elinizde okumayı tek başına yapan bir araç olduğunu hayal edin. en iyi ticaret bölgelerini gösteren başlıca Piyasa Oyuncuları Fiyat ve Hacim analizine dayalı. WAPV Full, eksiksiz bir araçtır ve %100 R. Wyckoff'un operasyonel özelliklerine odaklanmıştır. Ticaret dalgalarındaki piyasa hareketlerini haritalamaya ek olarak, aynı zamanda Fiyat ve Hacmi okuyarak Pazar. Profesyonel Pazar, R. Wyckoff'un 3 yasası
199 USD
Introducing the POWER TRADE indicator created by a small group of traders with a few years trading trading the financial market profitably . This is a plug and play indicator that provides you with  POWERFUL Entry signals with Profit Taking and rebound zones. The indicator Works with all MT5 trading instruments. The indicator uses previous  chart data as receipt to speculate on future market moves.
150 USD
Introduction to EFW Analytics EFW Analytics was designed to accomplish the statement "We trade because there are regularities in the financial market". EFW Analytics is a set of tools designed to maximize your trading performance by capturing the repeating fractal geometry, known as the fifth regularity in the financial market. The functionality of EFW Analytics consists of three parts. Firstly, Equilibrium Fractal Wave Index is an exploratory tool to support your trading logic to choose which r
200 USD
Trade system "PAX Multi TMA/HMA 8" for MT5 It is a ready-made trading system for trading on any instrument and any timeframe. An experienced trader on one instrument can get a profit   from 100% to 400% per week . Completely ready for manual trading and use in robots. Not redrawn signals ( See the picture ) It is convenient to work on any timeframe. Tested on metals, currency pairs, oil, international stocks, Russian stocks, cryptocurrencies, monetary and cryptocurrency indices.
144 USD
Cycle Sniper MT5
Elmira Memish
2.33 (3)
Cycle Sniper MT5  Cycle Sniper MT4 Version and definitions :  https://www.mql5.com/en/market/product/51950 Important Notes:  MT5 Version does not include Breakout Mode and Late Entry Mode Features. MT5 Version does not include RSI and MFI filter. **Please contact us after your purchase and we will send you the complimentary indicators to complete the system.** This indicator does not send any signal without a reason...You can observe and analyze the indicator and the signals it sends Cycle S
150 USD
Rubdfx Fiyat Takibi Fiyat fiyat bağlılığını göstermek için kullanılır, fiyat neredeyse hiç kanal dışına çıkmaz ve çoğu zaman fiyat kanal limitlerine dokunduğunda tepki verir. Satış yapabileceğiniz en yüksek ve en düşük fiyatları belirler. ve sırasıyla satın al Scalping & swing ticareti için uygun Bir mum kapandıktan sonra görünen okları çizer. Oklar, sırasıyla düşüş ve yükseliş eğilimi için yükseliş veya düşüş baskısını gösterir. Bir ok gördüğünüzde, mumun bir okla kapanıp kapanmayacağını g
499 USD
This indicator is based on John Carter's "TTM Squeeze" volatility indicator, as discussed in his book "Mastering the Trade". In this version, this indicator has some improved features: Multiple timeframes (MTF) is supported. You can analyze multiple timeframes in the same window. Histogram is plotted in a different way to help reduce noise. 3 customizable thresholds to help adjust when the dots change color. The dot color indicates the market volatility: d ark blue: very low volatility blue: low
149 USD
Please send me Direct message on MQL5 CHAT after purchasing the Indicator for Training and Installation Support There are some additional files that is important to use with the Indicator . So be sure to contact me after purchasing the Indicator So that I can add you for training and support . If you find any difficulty with installation then send me Direct message here So that I can connect with you via Anydesk or Teamview for the product installation. " Smart Order Block Indicator " to find
249 USD
Yazarın diğer ürünleri
Royal Scalping Indicator M4
Vahidreza Heidar Gholami
4.2 (5)
Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
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MetaBands M5
Vahidreza Heidar Gholami
5 (2)
MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
129 USD
Royal Scalping Indicator M5
Vahidreza Heidar Gholami
5 (8)
Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
149 USD
MetaBands M4
Vahidreza Heidar Gholami
5 (1)
MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
129 USD
Royal Wave Pro M4
Vahidreza Heidar Gholami
5 (2)
Royal Wave is a Trend-Power oscillator which has been programmed to locate and signal low-risk entry and exit zones. Its core algorithm statistically analyzes the market and generates trading signals for overbought, oversold and low volatile areas. By using a well-designed alerting system, this indicator makes it easier to make proper decisions regarding where to enter and where to exit trades. Features Trend-Power Algorithm Low risk Entry Zones and Exit Zones Predictions for Overbought and Over
129 USD
MetaForecast M5
Vahidreza Heidar Gholami
5 (1)
MetaForecast predicts and visualizes the future of any market based on the harmonics in price data. While the market is not always predictable, if there is a pattern in the price, MetaForecast can predict the future as accurately as possible. Compared to other similar products, Metaforecast can generate more accurate results by analyzing market trends. Input Parameters Past size Specifies the number of bars that MetaForecast uses to create a model for generating future predictions. The model
69 USD
MetaForecast M4
Vahidreza Heidar Gholami
3 (1)
MetaForecast predicts and visualizes the future of any market based on the harmonics in price data. While the market is not always predictable, if there is a pattern in the price, MetaForecast can predict the future as accurately as possible. Compared to other similar products, Metaforecast can generate more accurate results by analyzing market trends. Input Parameters Past size Specifies the number of bars that MetaForecast uses to create a model for generating future predictions. The model
69 USD
MetaTrend M5
Vahidreza Heidar Gholami
5 (2)
Meta Trend Indicator is an efficient way to forecast and detect the trend in any market. It reveals the trend, support and resistance levels, volatility and the maximum potential target, all in one indicator. To adapt to the price and to decrease consecutive trend failures, the internal trend detector algorithm studies the market and dynamically chooses the right values for the internal parameters. This indicator is a perfect trend filter for any strategy or expert advisor. Features Super Adapti
99 USD
MetaTrend M4
Vahidreza Heidar Gholami
5 (1)
Meta Trend Indicator is an efficient way to forecast and detect the trend in any market. It reveals the trend, support and resistance levels, volatility and the maximum potential target, all in one indicator. To adapt to the price and to decrease consecutive trend failures, the internal trend detector algorithm studies the market and dynamically chooses the right values for the internal parameters. This indicator is a perfect trend filter for any strategy or expert advisor. Features Super Adapti
99 USD
Smart Channel M4
Vahidreza Heidar Gholami
The trend in the market can be predicted using trend lines but the problem is you don’t know where exactly the price is going to touch the trend line where you can put your pending orders on. Smart Channel Expert Advisor makes it possible to put an advanced channel around the price data, which can be configured to handle placing orders, opening and closing positions, managing risk per trade, spread, slippage, and trailing stop-loss and take-profit automatically. Features Money Management (Calc
129 USD
Smart Channel M5
Vahidreza Heidar Gholami
The trend in the market can be predicted using trend lines but the problem is you don’t know where exactly the price is going to touch the trend line where you can put your pending orders on. Smart Channel Expert Advisor makes it possible to put an advanced channel around the price data, which can be configured to handle placing orders, opening and closing positions, managing risk per trade, spread, slippage, and trailing stop-loss and take-profit automatically. Features Money Management (Calc
129 USD
Filtre:
ThomasSander
84
ThomasSander 2022.11.17 20:54 
 

Incredible signals in combination with Royal Scalping Indicator. Good work!

ROLF WILLY ORTMANN
646
ROLF WILLY ORTMANN 2022.02.01 07:55 
 

This Indicator works absolutely perfect.Very good work

İncelemeye yanıt
Sürüm 4.6 2022.06.17
The Signal Matrix is now scalable for big screens.
The Matrix can auto ajdust itself for any type of screen.
If you use custom scaling for your screen, enter the scaling size in the settings of RoyalWave.
Sürüm 4.4 2022.03.03
Alert Functions Improvements