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this index brings Wolfe waves .

The index uses the hunt for Wolfe waves on three timeframes. This index is extremely accurate, because it expects a breakout at the path of the tide before giving a signal to perform a trading operation.

Recommended Tempra: M1.

  • Trading is surprisingly easy.
  • Our indicator can comprehend all Wolfe wave patterns in the specified interval interval.
  • So, we check each vertex for potential factors 1,2,3,4,5, not just the zigzag vertices.
  • Automatic location of points, plotting lines.
  • You may trade on confident price reversals in three periods.
  • Get the most modern tool for novice traders, and for experienced traders.
  • Arrow and alert for those who do not know how to use Wolfe waves.
  • The indicator provides (Alert, Sound, Email, PUSH).
  • The indicator has a minimum of configurable parameters.
  • The last point of the wave is redrawn when the pattern is formed (you can configure it).
  • After the pattern is formed, as well as when a wave is formed and a breakout occurs, the Arrow and alerts are displayed.

Setting waves maximum – Setting up the Wolfe maximum.

  • include wave maximum-enable / disable Wolfe maximum.
  • maxhistorybars – how many past bars to check.
  • Period – the number of bars used to calculate the indicator.
  • color lines – the color of the wave.
  • color line 1-4 – color of line 1-4.
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Setting waves normal – Setting up Wolfe normal.

  • include wave normal – enable / disable Wolfe normal.
  • maxhistorybars – how many past bars to check.
  • Period – the number of bars used to calculate the indicator.
  • color lines – the color of the wave.
  • color line 1-4 – color of line 1-4.

Setting waves minimum – Setting up the Wolfe minimum.

  • include wave minimum-enable / disable Wolfe minimum.
  • maxhistorybars – how many past bars to check.
  • Period – the number of bars used to calculate the indicator.
  • color lines – the color of the wave.
  • color line 1-4 – color of line 1-4.
  • High up points 1,2,3,4,5 – distances of the top points 1.2.3.4.5.
  • Low down points 1,2,3,4,5 – distances of the lower points 1.2.3.4.5.
  • On what number bars move line, (0 = zero bar) – how many candlesticks to move the lines (if 0 = zero bar).
  • number of waves in each period: – This option controls the number of waves simultaneously: For example if you select “on one wave” that last wave is removed on its place to build a new wave, if you select “in two waves” last wave is not deleted, the chart will be all on two waves, or one depending on the choice of the parameter.
  • Setting notice-setting up a notification when Wolfe waves appear.
  • alert – enable / disable the alert (messages on the screen).
  • email – enable / disable sending by email.
  • PUSH – enable / disable PUSH notifications
  • sound signal-turn on the sound signal.
  • name sound signal – name of the sound signal.

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Published

23 December 2015

Updated

Current Version

1.0

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Yves Murundelger January 19, 2021 1:15 pm
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Very very good indicator!
Good job, thx.

ivanoff2 January 19, 2021 1:15 pm
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Wonderful indicator

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