Wolf waves are natural trading patterns that are present in all financial markets and represent a struggle for equilibrium
the price. These models can evolve over short and long periods of time and are one of the most reliable models
a forecast reversal from the existing ones, usually preceding strong and long price movements.
[ The manual
installation instructions | The manual
by update | Elimination
Troubleshooting | FAQ
| All
products ]
- Clear trading signals
- Surprisingly easy to trade
- Customizable colors and sizes
- Implements performance statistics
- Displays the appropriate stop loss and take profit levels
- It implements email / audio / visual alerts
it can be repainted sparingly-not very often-if the entry break occurs many times, causing the indicator to be redrawn.
The indicator is not back-batting.
Definition of a wolf wave
The Wolf wave must have the following characteristics. ( Click
here to see an example )
- Waves 3-4 should remain in the channel created by 1-2
- Wave 4 is in the channel created by waves 1-2
- Wave 5 exceeds the trend line created by waves 1 and 3
Input parameters
- Amplitude-The amplitude represents the minimum number of bars between alternative price points. To find the big ones
samples, increase the amplitude parameter. To find smaller samples, reduce the amplitude parameter. You can download
Use the indicator on the chart many times to find overlapping shapes of different sizes. - Breakout Period – the Donchian breakout period for confirming Wolf wave breakouts. Zero means that it is not used.
- Max History Bars – the number of past bars to evaluate when the indicator is loaded on the chart.
- Show Statistics – Show or hide the statistics panel and performance data.
- Show SL / TP Levels-Show or hide the appropriate SL and TP levels for each signal.
- Show price labels to show or hide the label of the price of the model.
- Drawing options – Colors and sizes for bullish or bearish lines and labels, as well as font sizes.
- Breakouts – Colors and sizes of the breakout arrows.
- Alerts – Enable or disable alerts as desired.
author
Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.
[spoiler title=”Read More…”]
Wolf waves are natural trading patterns that are present in all financial markets and represent a struggle for equilibrium
the price. These models can evolve over short and long periods of time and are one of the most reliable models
a forecast reversal from the existing ones, usually preceding strong and long price movements.
[ The manual
installation instructions | The manual
by update | Elimination
Troubleshooting | FAQ
| All
products ]
- Clear trading signals
- Surprisingly easy to trade
- Customizable colors and sizes
- Implements performance statistics
- Displays the appropriate stop loss and take profit levels
- It implements email / audio / visual alerts
it can be repainted sparingly-not very often-if the entry break occurs many times, causing the indicator to be redrawn.
The indicator is not back-batting.
- Waves 3-4 should remain in the channel created by 1-2
- Wave 4 is in the channel created by waves 1-2
- Wave 5 exceeds the trend line created by waves 1 and 3
- Amplitude-The amplitude represents the minimum number of bars between alternative price points. To find the big ones
samples, increase the amplitude parameter. To find smaller samples, reduce the amplitude parameter. You can download
Use the indicator on the chart many times to find overlapping shapes of different sizes. - Breakout Period – the Donchian breakout period for confirming Wolf wave breakouts. Zero means that it is not used.
- Max History Bars – the number of past bars to evaluate when the indicator is loaded on the chart.
- Show Statistics – Show or hide the statistics panel and performance data.
- Show SL / TP Levels-Show or hide the appropriate SL and TP levels for each signal.
- Show price labels to show or hide the label of the price of the model.
- Drawing options – Colors and sizes for bullish or bearish lines and labels, as well as font sizes.
- Breakouts – Colors and sizes of the breakout arrows.
- Alerts – Enable or disable alerts as desired.
Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.
[/spoiler]