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YY Mono Waves

            The Mono Waves indicator is designed to display the wave behavior of the market on a chart. Its appearance is presented on slide 1. This indicator uses the PPPC (Point-Percent Price Channel) indicator, which can be downloaded for free from the Market.

            When the market moves up, the upper border of the price channel is built on High candlestick prices (for more details, see the description of the PPPC indicator at the link given above). The higher the High prices rise, the higher the PPPC indicator channel rises. In this case, one segment of the Mono Waves indicator line is drawn, which is directed upwards, and which connects two points: the lowest and highest points of the plot on which the PPPC channel rises. See slide 2 (left side).

            As soon as the price touches the lower border of the channel, the PPPC indicator switches to building now this lower border, which is built at the price of Low candles. And the lower the Low prices fall, the lower the channel of the PPPC indicator falls. At the same time, a new segment of the Mono Waves indicator line is drawn, which is directed in the opposite direction (down), and which also connects two points: the highest and the lowest point of the plot on which the PPPC channel goes down. See slide 2 (middle part).

            When the price touches the upper boundary of the channel, the PPPC indicator again switches to constructing this upper boundary. And the Mono Waves indicator is building a new segment of its line, which is again upward. And so on ... See slide 2 (right side).

 

            Since the Mono Waves indicator is completely dependent on the operation of the PPPC indicator, it has exactly the same parameters as the latter.

 

            Parameters

 

  • Channel Width in Points – channel width in points;
  • Channel Width in Percents – channel width in percents.

 

            For the purpose of these parameters, see the description of the PPPC indicator, the link to which is given above.

 

            Track lines

 

            In addition to the main monowave line, this indicator has track lines. At the first start of the indicator, they are not visible. But they can be turned on (visualized) by specifying for them a color other than transparent, for example, blue. After they are turned on, the indicator will look like shown in slide 3.

            Why are these lines needed? There are at least three reasons to see them on the chart. First, these lines show the trajectory along which the right end of the mono-wave line segment moves in the process of its formation (as new bars appear). In fact, the lines of the track - this is the real mono-wave line. This is especially evident if you turn off the display of the main mono-wave line (by switching its color to transparent), while leaving only the display of the lines of the track. See slide 4.

            Secondly, the track lines show the moments at which a mono-wave line breaks, i.e. the construction of the previous segment is stopped and the construction of a new (oppositely directed) segment begins. To see this better, add the PPPC indicator price line display to the track lines. See slide 5. On this slide, the lines (i.e. borders) of the price channel are shown by thin blue lines, and the lines of the track by thick blue lines. As you can see on this slide, the lines of the track always move along one of the boundaries of the channel (either upper or lower). Sometimes track lines jump from one channel boundary to another. So, at the moment of such jumping, the mono-wave line breaks: i.e. the construction of the previous segment stops and the construction of a new (oppositely directed) segment begins. For example, when the track lines jump from the lower to the upper boundary of the channel, the construction of the previous (downward) segment of the mono-wave line stops, and the construction of a new segment upward begins.

             Thirdly, the lines of the track can be bifurcated, thereby showing ... (see continued description on the Comments tab).

 

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CURRENTLY 39% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even easier to identify and confir
78 USD
Market Steps
Market Steps
Jabir Ismaeili
The Market Steps indicator is designed and built based on Gann Time/Price correlations and optimized by Price Action specific rules for Forex Market. It uses Market order flow concepts to predict potential price zones for high volume of orders.  Indicator Levels can be used for trading itself or as a combination for filtering wrong signals of other Strategies/Indicators. Every trader needs such powerful tool to have multi-time-frame (TF) zones and price movement potentials together on chart. You
60 USD
Quantum Currency Array Indicator
Quantum Currency Array Indicator
QUANTUM TRADING SOFTWARE LIMITED
This indicator has been developed to identify and display these trends quickly and easily, allowing you to see instantly, those currency pairs which are trending, and those which are not – and in all timeframes, with just one click. The 28 currency pairs are displayed as a fan as they sweep from strong to weak and back again, and this is why we call it the ‘currency array’. All 28 pairs are arrayed before you, giving an instant visual description of those pairs that are trending strongly, those
197 USD
Trend Finder For Multi Pair And Multi Time Frame
Trend Finder For Multi Pair And Multi Time Frame
ScorpionFX
(FOR MT4)   Trend Finder Multi Pair And Multi Time Frame :     This indicator has been designed to help find the strongest trends in the forex market, quickly and easily. It simultaneously analyzes the moving averages for all 28 pairs and across 8 time-frames. And then it ranks each pair according to trend-strength. IMPORTANT FACTORS TO KEEP IN MIND: Institutional traders use moving averages more than any other indicator. And trading with the dominant trend is a CRITICAL part of your long term
79 USD
FreqoMaster
FreqoMaster
Stanislav Korotky
The main idea of this indicator is rates analysis and prediction by Fourier transform. The indicator decomposes exchange rates into main harmonics and calculates their product in future. The indicator shows 2 price marks in history, depicting price range in the past, and 2 price marks in future with price movement forecast. Buy or sell decision and take profit size are displayed in a text label in the indicator window. The indicator uses another indicator as an engine for calculations - FreqoMet
75 USD
True Direction Oscillator
True Direction Oscillator
Muhammad Elbermawi
Or (TDO)   which is an index that measures the price rate of change using the principle of " Pure Momentum ". When a security price advances from 10 to 15 then the price rate of change is 150% but when it declines back from 15 to 10 then price rate of change is 33.3% only. That is why technical analysis indicators like "Price Rate of Change" (ROC) or "Momentum" gives higher readings for ascending price movements than that given to descending ones. TDO fixes this problem to help traders at readi
60 USD
Markov Chains MTF Indicator
Markov Chains MTF Indicator
Mustafa Doruk Basar
Similar idea from the MarkovChains EA is used to create this indicator. With this indicator, you can observe the probability of prices going up for multiple timeframes for up to 5 Markov chains. Unlike the EA version, indicator only looks for ups and downs and counts them with a given number of Markov chains, then prints the probability of prices going up on a table. Indicator shows these probabilities for 5-minute, 15-minute, 30-minute, 1-hour and 4-hour time intervals. You can set where the bu
100 USD
Day Range with replacing
Day Range with replacing
Aleksandr Martynov
The next version of the indicator based on the range of previous day. Considers a difference of time zones. By default works the time zone of the broker. Can work on time zones: Greenwich, broker or local.  It can be applied only on timeframe from H1 below. If the day range of new day is lower minimum, then minimum is transferred from ranges of previous day symmetrically concerning the line of closing previous day (optionally, look Input parameters ). Screenshot 1: operation of the
50 USD
Auto OsMA
Auto OsMA
Vladimir Mametov
Auto OsMA Signals  automatically defines the most efficient periods (Fast and SlowEMA period and MACD SMA), during which  the accuracy of the signals on a given chart is at its highest. Depending on a symbol and time period, the accuracy of the indicator signals can reach more than 90%. Determined not only all periods and a combination thereof. Buy and sell signals are formed when changing the direction of the histogram. Period efficiency and signal accuracy values are displayed in the upper lef
60 USD
POWR Trend Trader
POWR Trend Trader
Trade Indicators LLC
Our most popular indicator in our fleet of indicators. The POWR Trend Trader is the highest grossing manual strategy for trading on the market today. This indicator is upgraded with more Profit Points and also introduces Re-Entry alerts. The POWR Trend Trader (PTT) is our premier indicator! What this indicator can do for your profits is staggering! HOW TO USE The POWR Trend Trader has a Master Trend Meter at the bottom of the chart. We actually re-coded the main indicator that turns your candle
387 USD
Trend qualifier
Trend qualifier
Shaheen Hassanali
THE TREND IS YOUR FRIEND and I am your guide. Allow me to shed  light to your surroundings in the darkness of trading. This indicator will give you the direction you need to trade with the trend. It does not require any specific settings, optimisation or curb fitting. No restrictions on symbols or time frames. It will work on metatrader 4 for any market and on all time frames. Does NOT repaint once candle closes. The Trend Qualifier is a great tool.  It also helps to reduce the clutter on your c
50 USD
Fibo Retracing Indie
Fibo Retracing Indie
Opengates Success International
FiboRetrace Indicator is a custom indicator for those using Fibonacci indicator for trading. This was created in order to remove limiting rates of Fibonacci indicator since it is default indicator in MT4 software. This will enable the traders to use it independently and without limitation. This is created as an automated Fibonacci indicator that plots itself when a trader attaches it to his chart, it will scan the chart and locate if the trend is an upward trend, it will plot itself the way it s
65 USD
Pivots Dashboard
Pivots Dashboard
Nesimeye Oswald
Pivots Dashboard is the single most complete instruments set for Pivot Points trading currently available in the market. We have done a comprehensive research prior to the product design to make sure that this product meets every need of Pivot Point trading. Pivots Points are significant levels technical analysts can use to determine directional movement and potential support/resistance levels. Pivot Points are thus predictive or leading indicators. While the points were originally used by floor
79 USD
Pairs Arbitrage Correlation
Pairs Arbitrage Correlation
Vladimir Tkach
The cross-correlation indicator calculates the relationship between the specified pairs for the previous period. Automatically selects the instruments with the highest and the lowest correlation, and then simulates trading on the selected pairs on the same test period. Then indicator displays the pairs that have shown the best trading results. Visualizes the PAC (Pairs Arbitrage Correlation) criterion for the pairs selected by the trader. The signal to open trades is set by the PAC levels. When
50 USD
FX Trend
FX Trend
Daniel Stein
You want to become a constantly profitable 5-star forex trader?  1.  Read the basic description of our simple trading  system  &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat FX Trend   displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long they last and how powe
75 USD
Williams Dashboard
Williams Dashboard
Pablo Mozo Bel
The Williams Dashboard is an information panel which allows you to have a global market vision through a Williams Percent Range. Williams Dashboard analyzes and tracks all the assets you want to invest in. Take advantage of this useful dashboard where you can open in a few seconds the chart and quickly invest in it. Main Features of Williams Dashboard Graphic panel that allows you to know the situation of many assets. 7 Different Williams Percent Range situations to discover when an asset is o
59 USD
FX Volume
FX Volume
Daniel Stein
Following the smart money is finally possible! FX Volume is the FIRST and ONLY volume indicator that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solution for your trading. Get more information, like FAQs, trading ti
75 USD
Gold Stuff
Gold Stuff
Vasiliy Strukov
99 USD
MaxiFinishTrend 2
MaxiFinishTrend 2
Stsiapan Kreidzich
(今日价格/2)    所有信号。智能交易系统。    热门指标给出两个信号 - 买入和卖出,您需要选择和放置止盈。通常它工作得很快,然后趋势对你有利,但指标在变化之前是“沉默的”。您错失了大部分利润。    MaxiFinish的第一个想法是在趋势线改变斜率或随机指标M15和M30达到极值并且利润开始下降时发送第三个信号-GET PROFIT (CLOSE)。如果您通过信号平仓,指标将很快在同一方向发出新信号 - 当趋势继续时,或在相反方向 - 当趋势发生变化时。这种策略显着增加了结果 - 您在高点获利并获得更多信号。    MaxiFinish 的第二个想法:审查市场并选择交易地点,使用紧凑型扫描仪显示当前市场活跃的位置。对于您感兴趣的交易品种,只需在扫描仪上单击一下,您就可以通过自动安装指标和模板来创建图表。您从所有创建的图表接收交易信号。扫描仪自动将终端切换到带有新信号的图表(图表到顶部 = 真)。    第三个特征:给出另外两个信号:当止盈或止损触发时。    第四个功能:这个多期指标 - 它显示任何时期的随机指标线和较高和较低的时间框架
63 USD
Currency Relative Strength
Currency Relative Strength
Ziheng Zhuang
这个指标显示8个主要货币的相对强弱:USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY. 强弱值规范到了 0-100之间 60以上是强。 40以下是弱. 本指标需要28个品种,各9个周期的数据,使用我提供的EA自动下载数据: https://www.mql5.com/zh/blogs/post/728215 使用参考: https://www.mql5.com/zh/blogs/post/736876 在EA中调用该指标之参考:  https://www.mql5.com/en/blogs/post/730961 参数 ( 参数截图  https://c.mql5.com/1/180/INPUT-FULL-V3.4__1.png ) OnlyShowCurrentPairs -  如果是true, 只显示当前图表的两个货币曲线,否则显示8个货币的曲线。 BarsToShow  - 显示多数根K线 MaPeriodsToSmoothLines - 对强弱曲线做平滑处理的移动平均周期. Suffix - 品种后缀 FontSize - 字体大小,默认是1
60 USD
Higher High Higher Close Lower Low Lower Close
Higher High Higher Close Lower Low Lower Close
Mark Flint
The HHHC-LLLC indicator uses candle by candle analysis, based on the principle of trend confirmation from Higher High, Higher Close candles (bullish) and Lower Low, Lower Close candles (bearish). There is no lag, no re-painting, and averaging is not used. HHHC-LLLC helps confirm: market structure and levels - look left to see them line up trends, pullbacks & reversals Bull moves (blue), Bear moves (red) Structure Zig Zags (black dotted lines), for summarizing market moves exhaustion and stalling
60 USD
作者的更多信息
YY Multi Waves MT5
YY Multi Waves MT5
Yuryi Yatsenko
This indicator displays the wave structure of the market in the form several wave levels nested in each other. For each of these levels an automatic preliminary (draft) marking of waves in Elliott's style (123..., ABC... etc.) is created. This markup is completely automatic and absolutely univocal. The indicator is especially useful for beginner wave analysts, because among all the possible versions for wave marking, it allows you to immediately take the most adequate version as a ba
34 USD
YY PP Price Channel MT5
YY PP Price Channel MT5
Yuryi Yatsenko
The Point-Percent Price Channel (PPPC or PP Price Channel) indicator is designed to display on the chart a channel whose width is specified both as a percentage of the current price and in points. Its appearance is presented on slide 1.             When the market moves up, the upper border of the channel is built at the price of High candles. In this case, the lower boundary follows the upper one at a strictly specified distance. When the price touches the lower border of the channe
FREE
YY Mono Waves MT5
YY Mono Waves MT5
Yuryi Yatsenko
The Mono Waves indicator is designed to display the wave behavior of the market on a chart. Its appearance is presented on slide 1.   This indicator uses the PPPC (Point-Percent Price Channel) indicator, which can be downloaded for free from the  Market .              When the market moves up, the upper border of the price channel is built on High candlestick prices (for more details, see the description of the PPPC indicator at the link given above). The higher the High prices rise
FREE
YY PP Price Channel
YY PP Price Channel
Yuryi Yatsenko
The Point-Percent Price Channel (PPPC or PP Price Channel) indicator is designed to display on the chart a channel whose width is specified both as a percentage of the current price and in points. Its appearance is presented on slide 1.             When the market moves up, the upper border of the channel is built at the price of High candles. In this case, the lower boundary follows the upper one at a strictly specified distance. When the price touches the lower border of the channe
FREE
YY Multi Waves
YY Multi Waves
Yuryi Yatsenko
This indicator displays the wave structure of the market in the form several wave levels nested in each other. For each of these levels an automatic preliminary (draft) marking of waves in Elliott's style (123..., ABC... etc.) is created. This markup is completely automatic and absolutely univocal. The indicator is especially useful for beginner wave analysts, because among all the possible versions for wave marking, it allows you to immediately take the most adequate version as a ba
34 USD
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