Wolfe Wave Scanner MT5
- Indikatoren
- Reza Aghajanpour
- Version: 1.7
- Aktualisiert: 8 Mai 2024
- Aktivierungen: 20
** All Symbols x All Timeframes scan just by pressing scanner button **
Introduction:
A Wolfe Wave is created with five-wave patterns in price. It shows supply and demand and a fight towards a balance price. These waves of price actions can help traders identify the boundaries of the trend. Also It helps forecast how the price will move in the near future. Wolfe Waves work based on the Elliott waves with enhanced concepts.
The Wolfe Wave Scanner indicator Scans All charts just by pressing one click. It has stop loss, Take profit and entry point levels with using Fibonacci levels and candlestick checking to find the best entry point and exit of trading. It finds signals immediately with alarm and notification for easy trading.
Main Features:
- Detect the best and most common successful reversal trend : Wolfe Waves Pattern
- Easy-to-use and user-friendly indicator
- Scan All charts button ( Forex, Crypto, Indices and commodities )
- Select and deselect time frames button for scan (M1,M5,M15,M30,H1,H4,D1,W1,MN)
- It displays and pushes notification stop-loss, entry-point levels
- Candlestick check for the best entry point
- Use Fibonacci levels
- Sending the alert and push notification
- method Engulfing/breakout - Engulfing on edge of pattern / Breakout next price level
- Alert enable/disable base on your setting time
- Adjust the pattern setting
Input Parameters :
=========Scanner============
- Scan All Charts – Enable
- Scan the number of candles – Amount of history bars to evaluate
- Re-scan Timer – Re-scan all charts in all time frames after passing time
- method = Engulfing/breakout - Engulfing on the edge of pattern / Breakout of level
=======Display/style Options============
- Display Options – Display or do not SL & TP & Entry levels
- Stop Loss levels and Breakout Style - Set the Fonts and colors of patterns
========ALERT SETTINGS ==========
- Display Alert or Push Notification – Enable or disable Alert or Push Notification
- How many candles are past a pattern – Maximum Number of candles Passed from a pattern to allow alert
- Alert Buffer Size – Maximum save alert to prevent duplicate alerts
- Alert start/end time – Determine trading hours based on the computer clock to activate and deactivate the alarm
Absolutely worth every cent and more! Thank you Reza. It has been spot on every time so far. I use other indicators for confluence of course but I could fly blindly with just this. One tip I found is in a turbulent market after news set the SL a few points away from where it suggests as price action can get close sometimes. Also the TP is spot on and often goes beyond by 50-100pips but play it safe with the indicators suggestion. LOVE IT!!!!