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Royal Wave XPro MT4

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, Phone 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 in most timeframes are agreed 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 functionsSignal 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


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 like -USDJPY, H1, Royal Wave will use the inverse of USDJPY which is JPYUSD. Symbol inversion makes it possible to make the base currency or the quote currency the same for both the chart and the indicator.

Sensitivity [0.0, 1.0]

This input makes the oscillator sensitive to local price movements. The closer to one, 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.


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This is a Dashboard Indicator based on Bruce's Price Predictor Indicator . This Dashboard will Give you a visual to see the trend direction without having to flip through timeframes, so you can always be trading in direction of the trend, with little effort.  I Recommend   www.CoinexxBroker.com  as a great broker and the one I personally use *Non-Repainting Dashboard Arrows *For Desktop MT4 Only *Great For Scalping *Great For Swing Trading *Dashboard Arrow Entry Alerts *Dashboard Arrow Signals
2 100 USD
High Signals MT4
High Signals MT4
Tais Miranda Hoffmann
An indicator for receiving a lot of signals Can be used in all time frames and all markets Trade professionally  using professional indicators yourself . Using this indicator, you will have a signal at any time. Do not miss any market movement. Get the signal very simply and clearly. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- How it work:
125 USD
Cycle Sniper ATR Fibo Channels Scanner
Cycle Sniper ATR Fibo Channels Scanner
Elmira Memish
Scanner and Dashboard for Cycle Sniper ATR Fibo Channels Indicator As users know indicator draws Fibonacci Channels and arrows according to the user's settings. With CS ATR Fibo Channels Scanner, you will have the ability to watch the market. - Multi Timeframe - Multi Instrument Enter your parameters to watch (as explained in Cycle Sniper ATR Fibo Channels Indicator )  - If you cho0se "Arrows by ATR Levels" , you will receive the potential reversal arrrows. - If you choose "Arrows by M
100 USD
Advanced Currency Strength28 Indicator
Advanced Currency Strength28 Indicator
Bernhard Schweigert
CURRENTLY 26% 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 new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here That's the first one, the original! Don't buy a worthle
148 USD
Pattern Channel
Pattern Channel
Maryna Shulzhenko
The principle of the Patern Channel indicator is to work inside the channel. But the parameters and width of the channel are selected in such a way that when the channel is broken and the trend moves, there will be a close in the red and these disadvantages are balanced enough, which is shown in the graph by the inscriptions near the arrows. You can see that the arrow signal does not appear every time the channel is broken. Because the indicator has a volatility filter that has a big impact on
129 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
Blahtech Supply Demand
Blahtech Supply Demand
Blahtech Limited
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
124 USD
MACD Currency Meter
MACD Currency Meter
Emir Revolledo
当您购买我的指标时,欢迎您加入我们的私人小组,在那里我们讨论指标的策略和可能的设置。联系我获取私人链接。 欢迎使用市场上您从未见过的全新算法。 MACD 货币强度计:2 个指标合二为一! MACD 是基于一对的趋势指标。货币强度计也是基于 28 个主要和次要货币对的趋势指标。 同时,MACD-CSM 是一个 MACD 指标,具有基于 28 对趋势的货币强度计的强大功能。 如果您是 MACD 和货币强度计的粉丝,那么这个指标非常适合您。 MACD-CSM 只是一个带有货币强度计动量的 MACD 指标。信号与普通 MACD 或普通货币强度计有很大不同。对此最简单的解释是 MACD 指标仅基于您正在交易的一张图表。但 MACD-CSM 是一个基于 28 对的 MACD 指标,全部放在一张图表中。 推荐参数:产品默认参数。 产品优势: 该指标的网络研讨会和策略都可供买家使用。 策略包括资金管理、进入和退出。 这很容易,因为您将获得进入和退出的信号。 注意:您只需要一张图表即可使用该指标。所有 28 对将自动加载
110 USD
Super support and resistance
Super support and resistance
Peter Francois J Thijs
This support and resistance indicator gives u a)support level b)resistance level c)direction(trend) all in one.The indicator is based on the top 3 best levels there are!Red dots are sell direction and green dots are buy direction,if candles dont break these levels u get in after the 3rd dot,always use higher time frames from h1 up so its more clear where direction is going,also u can set the indicator to your time frame that u are lookin at.
1 950 USD
Entry Point Dashboard Deluxe
Entry Point Dashboard Deluxe
Thushara Dissanayake
The Entry Point Dashboard Deluxe technical indicator provides Buy/ Sell notifications for any 6 Currency Pairs by analyzing 5 Moving Averages, CCI, RSI, Stochastic, Bill Williams and Volume indicators using 3 different time frames. It gives unlimited customization facility to all traders for getting more accurate signals by following their experience. The Indicator displays a pop-up alert with sound for Buy/Sell signals. Indicator main signal shows few levels. Wait, Buy, Strongly Buy, Sell and
150 USD
MR Volume POC Levels 4
MR Volume POC Levels 4
Sergey Khramchenkov
The indicator was created for the "Masters of Risk" trading system.  The settings are compared with  volumes in NinjaTrader 8 terminal with CQG datafeed . The settings of EURUSD-6E , GBPUSD-6B , AUDUSD-6A and other currency pairs were compared.  It shows the POC (Point of Control) volume levels for the selected period of time.   Point of Control (POC) are not lines, they are zones.  Which zones are relevant and which are not, is determined by the author's methodology.  The indicator shows Break
150 USD
Trading Chaos Map
Trading Chaos Map
Andrey Sinegovskiy
For those who studies Bill Williams' books "New Trading Dimensions" and "Trading Chaos (Second Edition)" and tries trading using these methods, it becomes evident that the standard set of indicators is not sufficient for full-fledged work. The Trading Chaos Map indicator draws the "market map", thus allowing you to the charts the same way as the author of the trilogy. Parameters provide options for enabling and disabling each signal. You can use any of the methods, or use them in conjunction. Yo
125 USD
Easypippin Collector
Easypippin Collector
Peter Francois J Thijs
Telegram Channel & Group :https://t.me/joinchat/sdHZOjGc9V0xYjQ0 V.I.P Group Access: Send Payment Proof to our Inbox https://easypippin.com/ The Easypippin collector indicator gives u a indication of direction,based on several settings all put together to make it Easy to detect where the market possible is going to. The indicator gives u a X inthebox and a X , if u see them painting together the possible direction is strong. The indicator also can be used as a support and resistence zone.  
100 USD
Shepherd Elliot Wave
Shepherd Elliot Wave
Abdullah Alrai
This indicator will work with Elliot theory into 2 ways Automatic work : it will detect all 5 motive waves on the chart and give you a prediction and potential reversal zones.. and it can give you alerts and push messages...  Manual Work : this option for whom work with manual Elliot wave theory it will allow you to draw with 9 grades and you can define every grade alone by moving the draws on chart after they appear and it will be more easier to draw with this indicator note that it will save a
100 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
Blahtech Market Profile
Blahtech Market Profile
Blahtech Limited
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
124 USD
Nihilist and ForexAlien Indicator
Nihilist and ForexAlien Indicator
TRADERWE FOREX SL
The Nihilist 5.0 Indicator includes Forexalien and Nihilist Easy Trend trading strategies and systems. It is composed of an MTF Dashboard where you can analyze the different input possibilities of each strategy at a glance. It has an alert system with different types of configurable filters. You can also configure which TF you want to be notified on your Metatrader 4 platform and Mobile application The indicator has the option to view how could be a TP and SL by using ATR or fixed points, even
299 USD
TPA True Price Action MT4 Indicator
TPA True Price Action MT4 Indicator
InvestSoft
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo
168 USD
SL Scalping Arrow
SL Scalping Arrow
Chalin Saranga Jayathilake
Hurry and buy before price doubles! OFFER ON 24 HOUR *Non-Repainting Indicator dont; s forget this;s work well stronger trend fast markert lower time frame  fast markert move time get real time deal .SL Scalping Arrow show you real swing high low.Scalping Arrow coded because my trading rule base.  How to trade with  SL Scalping Arrow  * this system trend trading system we trade 5M,15M chart using day tp * we dont;s trade trend change time waiting trade next day pullback * if you want golden
150 USD
Advanced Dashboard for Currency Strength and Speed
Advanced Dashboard for Currency Strength and Speed
Bernhard Schweigert
CURRENTLY 20% OFF ! Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the entire market using a single indi
199 USD
Jcounter
Jcounter
Jing Zi Yi Teng
你好! 我是日本散戶投資者Tatsuron。 我們在外匯管理超過10億日元。 因此,讓我介紹一個我使用的非常有用的指標。 櫃檯交易類型指示器。 Jcounter可以捕獲趨勢崩潰階段的時間。 有趨勢崩潰的跡象。用Jcounter所採用的LSMA確認標誌是世界標準。 LSMA的數值設置非常重要,但是經過多年的驗證,數值已經確定並完成。 當趨勢開始時,上升的市場像支撐一樣運動,而下降的市場像阻力一樣運動。 逐漸超過燭台並保持領先趨勢。 如果相反,趨勢將崩潰。如果跌破,趨勢將繼續。 這是一個非常容易的決定。 毫無疑問,它將是未來交易必不可少的指標。 使用Jcounter擴展您的交易策略。 请检查实际运行的指示器的视频。 两种趋势从2:53开始。 Hello! I'm Tatsuron, a Japanese retail investor. I have invested more than 1 billion yen in Forex. So, le me introduce a very useful indicator that I use. Cou
100 USD
Cycle Sniper ATR Fibo Channels Multi Timeframe
Cycle Sniper ATR Fibo Channels Multi Timeframe
Elmira Memish
CS ATR FIBO CHANNELS MULTI TIMEFRAME Additional tool to trade with Cycle Sniper Indicator. Indicator Draws Channels based on: - Cycle Sniper Price and Moving Averages - ATR Deviations - Fibonacci Retracement and Extensions Features: - Multi TimeFrame - Full alert and Notification options. - Simple Settings - Finds the trend change or extreme reversals. Inputs: - Arrow Mode: ATR Levels or Median Line   If Median Line is selected indicator draw arrows when the median line slope changes ( neg
200 USD
Automated Actual Support Resistance A2SR
Automated Actual Support Resistance A2SR
Yohana Parmi
A. What is A2SR ? -- Full guidance : -- at   https://www.mql5.com/en/blogs/post/734748/page4#comment_16532516 -- and  https://www.mql5.com/en/users/yohana/blog A2SR has a special technique in determining the levels of Support ( demand ) and Resistance ( supply ) . Unlike the ordinary way that we seen on the net, A2SR has a original concept in determining actual SR levels. The original technique was not taken from the internet, and it has never been published on the internet either. A2SR will
250 USD
Eurusd Intermarket Matrix Indicator
Eurusd Intermarket Matrix Indicator
GEORGIOS VERGAKIS
This indicator is the solution to much of the EURUSD's trading patterns. It's an improvement of the original set of data, but with an entirely new algorithm based on the Blueline. Total development and research time was more than 2 years!! It analyzes EURUSD's movement into real or false movement, if the move is false the indicator will give an alert for the real underlying trend. By knowing false moves we can buy dips as the market falls, or sell rallies as the market rallies, the market will t
600 USD
Best Currency Strength Indicator
Best Currency Strength Indicator
Tumelo Rakotsoane
Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries ec
149 USD
Pattern Trader No Repaint
Pattern Trader No Repaint
Elmira Memish
Pattern Trader No Repaint Indicator MT5 Version of the indicator:  https://www.mql5.com/en/market/product/57462 Advanced Chart Patterns Tracker MT4:  https://www.mql5.com/en/market/product/68550 I ndicator searches for 123 Pattern, 1234 Pattern, Double Top, Double Bottom Patterns , Head and Shoulders, Inverse Head and Shoulders and ZigZag 1.618 Pattern. Pattern Trader indicator uses Zig Zag Indicator and Improved Fractals to determine the patterns. Targets and Stop Loss Levels are defined
220 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
MonsterDash Harmonic Indicator
MonsterDash Harmonic Indicator
Paul Geirnaerdt
MonsterDash Harmonic Indicator is a harmonic pattern dashboard. It recognizes all major patterns. MonsterDash is a dashboard that displays all detected patterns for all symbols and (almost) all timeframes in sortable and scrollable format. Users can add their own user defined patterns . MonsterDash can open and update charts with the pattern found. Settings MonsterDash's default settings are good enough most of the time. Feel free to fine tune them to your needs. The color settings are for tho
139 USD
Full Forex Market View Dashboard
Full Forex Market View Dashboard
Opengates Success International
FULL FOREX MARKET VIEW Dashboard Indicator This is a custom indicator created to give Traders a full view of what is going on in the market. It uses a real time data to access the market and display every bit of information needed to make successful trading. INSTALLATION : Before attaching this Indicator to your window chart, go to your MT4's Market Watch panel and HIDE all the Currency pairs you don't need or trade and leave the rest there. The reason is that FFMV Dashboard will DISPLAY ALL the
135 USD
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MetaTrend MT5
MetaTrend MT5
Mostafa Tarakameh
Meta Trend Indicator is the most 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 Su
129 USD
MetaTrend MT4
MetaTrend MT4
Mostafa Tarakameh
Meta Trend Indicator is the most 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 Su
129 USD
Royale Scalping Indicator MT4
Royale Scalping Indicator MT4
Mostafa Tarakameh
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
149 USD
Smart Channel MT4
Smart Channel MT4
Mostafa Tarakameh
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 (C
99 USD
Royal Wave XPro
Royal Wave XPro
Mostafa Tarakameh
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
99 USD
Royale Scalping Indicator
Royale Scalping Indicator
Mostafa Tarakameh
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
149 USD
Smart Channel MT5
Smart Channel MT5
Mostafa Tarakameh
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 (C
99 USD
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