We present to your attention a completely unique indicator that automatically builds Wolf Waves and is characterized by a high efficiency of the trading strategy.

When the number 5 appears, we wait for the first candle to close for the Moving Average, then we look at the central three lines that show how much lot volume you need to open, if the 5 point crossed the 25% line, and the candle closes for the Moving Average, then we open a deal with the lot: = (Take our lot for example (0.40) and divide into four parts, and open a quarter of the lot (0.10)). If the 5 point crosses the 100% line (1-3) and the candle closes behind the Moving Average, then we open a deal with the lot: = (full volume 0.40), keep the deal open until the price reaches the line 1-4. The price does not always reach, take this into account. We recommend using a trailing stop.

• In the strategy tester: the indicator is constantly rebuilt when a new wave is found, or a line is broken (“1-4, 1-3 or lower” = this can be configured).  
• In real life or demo: the indicator is rebuilt if you press the button (Restart (Wolf Waves), or the line is broken (“1-4, 1-3 or lower” = this can be configured).  

Notes: the screenshots show the entry points. 

• MaxHistoryBars – how many past bars to check.
• Depth – the minimum of candlesticks, on which the indicator will not build the second maximum / minimum, if the conditions of the first parameter are suitable for the construction to take place.
• Deviation – the minimum values of the number of points between the highs and lows of two adjacent candlesticks, so that the indicator forms a top or a local trough.
• Backstep – the minimum number of candlesticks between local lows or highs. Changing the parameter affects how sensitive the indicator is. If we reduce the data for calculating the system, the number of extremes will increase.
• On what number bars move line, (0 = zero bar) – how many candles to move the lines (if 0 = zero bar).
• width (Wolfe Waves), (0 = automatic settings) – width (Wulf waves) (if = 0, automatic adjustment).
• show Wolfe Waves: if signal falls under selected ( % ) – draw Wolfe Waves: if signal falls under selected (%).
• Select signal – to determine the appearance of the waves. The higher the percentages, the stricter the conditions for determining the wave.
• if (Wolfe Waves) not finds wait N bars, then continue search – if no Wolfe waves are found, wait for N candles, then continue the search.
• timeout N bars – timeout in N candles.
• SETTINGS FOR BREAKDOWN (WOLFE WAVES) – settings for breakdown (Wolfe waves).
• number bars closed for line. (1-3) or more, for adjustment (Wolfe Waves) – the number of candles closed behind the 1-3 or 2-4 line to adjust the Wolfe waves.
• (true = closed bars on direction trend) , (false = just closed bars for line) – true = closing candles in the direction of the trend, false = just closing candles behind the line.
• Select closing – the choice is closing.
• number bars (0 = Off.) – number of candles (0 = disabled).
• number bars closed for line. (1-4), for adjustment (Wolfe Waves) – the number of candles closed behind the line (1-4) to adjust the Wolfe waves.
• (true = closed bars on direction trend), (false = just closed bars for line) – true = closing candles in the direction of the trend, false = just closing candles behind the line.
• Select closing – the choice is closing.
• number bars (0 = Off.) – number of closed candlesticks (0 = disabled).
• OPTIONS FOR SHOWING OFF (WOLFE WAVES) – options for drawing Wolfe waves.
• show Wolfe Waves: if line 1-3 or more, was broken, and closed less N bars-show Wolfe Waves: if line 1-3 or 2-4 was broken and less than N candles were closed.
• (true = closed bars on direction trend), (false = just closed bars for line) – true = closing candles in the direction of the trend, false = just closing candles behind the line.
• Select closing – the choice is closing.
• number bars closed for line, for depiction (0 = Off) – the number of candles closed behind the line for drawing Wulf waves (0 = disabled).
• setting notice when the occurrence of Wolfe wave – setting up a notification when Wolfe waves appear.
• alert – enable / disable the alert (messages on the screen).
• sound signal-turn on the sound signal.
• name sound signal – the name of the sound signal.
• email – enable / disable sending by email.

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Good luck!

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