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ON Trade Elliot Wave Manual

Demo downloaded: 48

Published: 21 August 2023

Current version: 1.1

ON Trade Elliot Wave Manual

Name: ON Trade Elliot Wave Manual
Rating: 5 (1 reviews)
Author: Abdullah Alrai

Indicators
Abdullah Alrai
Version: 1.1
Updated: 16 May 2024
Activations: 5

This indicator has been designed to integrate with the Elliott Wave theory, providing two distinct methods of operation:

Automatic Work: In this mode, the indicator operates autonomously by detecting all five motive waves on the chart according to Elliott Wave theory. It offers predictions and identifies potential reversal zones. Additionally, it has the capability to generate alerts and push messages to notify traders of significant developments. This automated functionality streamlines the process of identifying and analyzing Elliott Wave patterns.
Manual Work: This option is tailored for traders who prefer a manual approach to Elliott Wave theory. It empowers users to draw waves using nine different grades. Each grade can be defined individually by adjusting the drawn lines on the chart after they have appeared. This feature simplifies the process of manual wave drawing, making it more efficient. It's important to note that all drawing data will be saved in the platform's data folder for future reference.

Parameters:

Name: The name of the indicator.
Use_System_Visuals: Enables or disables the indicator theme to match the overall appearance of the trading platform.
Explain_Comment: Allows you to enable or disable explanatory comments for wave numbering, aiding in understanding the identified waves.
Show_Last_Candle_Counter: Enables or disables the candle time counter, providing information about the time remaining for the current candlestick to close.
Candle_Counter_Color: The color of the candle time counter text.
Basic_Wave_Color: The main color used to represent waves.
Bullish_Wave_Color: The color assigned to bullish 5-motive waves when detected.
Bearish_Wave_Color: The color assigned to bearish 5-motive waves when detected.
Ending_Diagonal_Color: The color for ending diagonal motive waves when detected.
Leading_Diagonal_Color: The color for leading diagonal motive waves when detected.
Correction_Color: The color for corrective waves.
Proportion_Color: The color for wave proportions.
PRZs_Color: The color for potential reversal zones.
Font_Color: The color for text elements.
Font_Size: The size of the displayed texts.
Show_Targets: Enables or disables the display of targets in automatic mode.
Send_Alert: Enables or disables the alert function.
Send_Notification: Enables or disables the notification function.
Send_Email: Enables or disables the email function.
History_Bars: Specifies the maximum number of historical bars to be analyzed with the automatic function.

By combining both automatic and manual modes, this indicator offers traders a versatile tool for Elliott Wave analysis, catering to different preferences and trading approaches. It streamlines the process of identifying wave patterns and assists traders in making informed trading decisions. As with any tool, it's important to practice responsible risk management and consider combining the indicator's insights with other forms of analysis for comprehensive trading strategies.

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Mohd Noor Quddussi Izuywan Bin Mohd Sani 2024.05.16 12:30 #

this indicator is good for elliot wave user like me. and the most important we cannot put other indicator with the same chart, also the support is very good.

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250 USD

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88 USD

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65 USD

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60 USD

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125 USD

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65 USD

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75 USD

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259 USD

ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH, Breaker Blocks , Momentum Shift, Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH, Fair Value Gap, FVG, Premium & Discount Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, L

65 USD

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199 USD

Identify ranges | Get earliest signals of Trends | Get clear exits before reversal | Spot the Fibo levels the price will test Non-repainting, non-delayed indicator - ideal for manual and automated trading - for all assets and all time units $69 for launch - then back to >> $149 After purchase, please contact me on this channel for recommended and personalised settings MT5 version: Click here Get our full method with BladeSCALPER and PowerZONES What is it about? TrendDECOD

69 USD

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98 USD

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149.99 USD

250 USD

This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. You can see user manual from this link: Notes Indicator has control panel and it will save every (chart & timeframe) settings. You can minimize it to have more space on chart and you can press close button to hide all indicator data on chart if you prefer to work with other analysis tools When you use this indicator and change the settings, add indicators like Moving Average or Bollinger

200 USD

Gann Squares Indicator: Analyzing Markets with Geometric Patterns The Gann Squares indicator is a powerful tool for market analysis that draws upon the mathematical concepts introduced by W.D. Gann in his article on "Mathematical Formula for Market Predictions." This indicator incorporates Gann's techniques involving square numbers such as 144, 90, and 52, as well as the Square of 9. Additionally, it incorporates method for utilizing the Square of 9 in conjunction with channels and the star pa

200 USD

This indicator is a market analysis method based on the "Mathematical formula for market predictions" article written by WD Gann depending on square of 144 90 and 52 . And square of 9 With method by Dr.hamada salam about square of 9 and its relations with channel and star of that square. User Manual: Add Your review And contact us to get the user manual https://ontrd.com/our-books/ You Can Buy Full MT4 Full Version: https://www.mql5.com/en/market/product/15316 You can test on MT4 For free :

200 USD

Download user manual from: https://ontrd.com/our-books/ Have full version from: https://www.mql5.com/en/market/product/104073 MT5 Version: https://www.mql5.com/en/market/product/30284 This indicator is a market analysis method based on the "Mathematical formula for market predictions" article written by WD Gann depending on square of 144 90 and 52 . And square of 9 With method by Dr.hamada salam about square of 9 and its relations with channel and star of that square User Manual: Add Your r

FREE

Introducing Shepherd Numerology Levels Indicator: Unlock the Hidden Patterns of Price Movement Discover a revolutionary approach to trading with the Shepherd Numerology Levels Indicator. This innovative tool combines the ancient wisdom of numerology with cutting-edge trading techniques to help you identify key support and resistance levels on your charts. By harnessing the power of the Square of Nine method, this indicator offers a unique perspective on market dynamics, allowing you to make mor

30 USD

This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. You can see user manual from this link: https://www.mql5.com/en/blogs/post/719257 There is a free version (it detect only Gartley and Nenstar Patterns) to try this product. You can buy the full MT4 version from: https://www.mql5.com/en/market/product/104689 Notes When you use this indicator and change the settings, add indicators like Moving Average or Bollinger Bands, this indicator will

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ON Trade Marubozu Candle Pattern Indicator The Marubozu candle pattern is a powerful and straightforward candlestick pattern that can provide valuable insights into market sentiment and potential trend reversals. It is characterized by a candle with a very small or non-existent shadow (wick) at one end and a long body extending in the direction of the prevailing trend. This pattern represents a strong imbalance between buyers and sellers, suggesting that the momentum in the market is heavily one

FREE

Introducing the Pivot Point Selector Indicator: Your Ultimate Tool for Custom Pivot Levels Are you ready to take your trading to the next level? Say hello to the Pivot Point Selector Indicator, a game-changing tool that puts you in control of your pivot levels. This innovative indicator empowers you to choose three specific points that will determine the pivot level calculations, giving you unparalleled customization and precision in your trading strategy. Key Features and Benefits: Custom Pivo

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The Hikkake Japanese candle pattern is a specialized indicator designed to identify and detect Hikkake Price Action Patterns that are being formed on a chart. These patterns are based on the concept of a false inside bar break out, which often leads to potential trading opportunities. The indicator's main function is to analyze the last five candles on the chart and determine whether they exhibit the characteristics of the Hikkake pattern. When this pattern is confirmed, the indicator will draw

30 USD

Introducing the Gold Gram Price Calculator Indicator Are you interested in keeping a close eye on the price of gold in your local currency? Look no further than the Gold Gram Price Calculator Indicator, an innovative tool that empowers you with the ability to calculate the real-time price of gold per gram in your preferred local currency. With this indicator, you can harness the power of financial insights to make informed decisions. Key Features: Localized Gold Price: The Gold Gram Price Calcul

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This indicator offers a comprehensive and efficient solution for traders seeking optimal entries in scalping strategies. Leveraging moving averages and stochastic indicators, it employs a systematic approach to identify favorable trade opportunities. The indicator goes beyond mere analysis, actively drawing clear and actionable entry points on your chart, denoted by arrows. Moreover, it provides the convenience of alerts to ensure you never miss these potential setups. Key Features and Benefits:

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This indicator serves the purpose of visually representing the Donchian channel on your trading chart. The Donchian channel is a straightforward technical tool used to depict the range between the highest high and the lowest low over a specified period. This indicator enhances the visual analysis of price movements, offering insights into potential breakout and trend continuation points. The Donchian channel can be applied to both the current time frame and a higher time frame, should you choose

FREE

ON Trade Pivots is A technical indicator that Draws all Pivot levels depending on time frame that defined in settings. Notes It will be good tool for all traders who use pivot levels in their trades. Let me inform you that this indicator draw this level as buffers not as objects then you can connect it easily to EA. This indicator allow you to find pivots levels for any time frame not only daily you are free to choose time frame from settings. Parameters Use_System_Visuals - Enable /Disable

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"This indicator is a simple trend detection tool. You can use it with your strategy to achieve good entries, such as in scalping mode. It will draw a channel around the price, which will expand as time increases. In custom periods, it will revert to the starting point of the expansion based on an algorithm that considers time and price together. You can buy at the lower boundary of the channel after signs of reversal become apparent. And you can sell from the upper boundary of the channel after

30 USD

This indicator displays the channel of Relative Strength Index. When you see that the price touches the red line and retreats from it many times, then you will know that the general trend is down. When it retreats from the blue line many times, that means that the general trend is up. This lines express the RSI values attributed to the price values on the main chart. You can add this indicator to your strategy, it will help you. This indicator will work best on 5 minutes and higher time frames.

30 USD

This indicator offers a robust market analysis method centered around the concept of the 'Regression Channel Tool'. By harnessing this tool, traders can gain exceptional control over their chart's regression channel, enabling them to make more informed trading decisions. The Regression Channel Tool is a powerful instrument in a trader's toolkit. It's designed to provide valuable insights into price trends and potential support and resistance levels. The tool is especially effective for visualizi

1 000 USD

Introducing our powerful Forex indicator designed to enhance your trading strategy and provide you with precise insights into the market trends. This cutting-edge tool employs a sophisticated custom algorithm that meticulously analyzes candle measurements, making adjustments for optimal accuracy. The result? A set of arrows expertly plotted on your chart, indicating strategic entry points. The genius behind this indicator lies in its ability to harness the power of candlestick patterns and comb

30 USD

Download user manual from : https://ontrd.com/our-books/ MT5 Version : https://www.mql5.com/en/market/product/30284 This indicator is a market analysis method based on the "Mathematical formula for market predictions" article written by W.D. Gann depending on square of 144 90 and 52 . And square of 9 With method by Dr.hamada salam about square of 9 and its relations with channel and star of that square User Manual: Add Your review And contact us to get the user manual You Can Buy Full M

200 USD

The indicator is designed to detect and visualize diamond Gann waves, a specific pattern derived from Gann theory. It provides traders with insights into potential market reversals by drawing points (P) based on the ABC points of the pattern. Additionally, the indicator draws vertical lines from the predicted points (P) to help traders identify potential reversal points more easily. Indicator Features: Use_System_Visuals: This parameter enables or disables the usage of the system's visual theme

30 USD

Indicator Description: The Bystra pattern indicator is designed to help traders identify trading opportunities using the Bystra pattern theory. The indicator provides entry values for placing limit orders, along with target and stop levels. This helps traders calculate their risk percentage, which is an essential aspect of proper money management in trading. Indicator Features: Use System Visuals: This option enables or disables the visual theme of the indicator, allowing users to customize its

30 USD

The "Fibo Star" indicator is designed to visualize Fibonacci Fans in a star-like pattern on your trading chart. These Fibonacci fans are a powerful tool for analyzing price movements and can offer insights into potential support and resistance levels. This indicator comes equipped with a user-friendly control panel, aiming to simplify the process of drawing and configuring the fans, thus saving you time and effort. Usage Instructions: This indicator is meant for manual usage. To effectively util

30 USD

The "Currency Strength Indicator" is a powerful tool designed to provide traders with insights into the relative strength of various currencies in the forex market. By calculating and plotting the strength of each currency based on its corresponding time frame, this indicator offers traders the opportunity to identify potential trading opportunities, especially when there are significant divergences or crossovers observed. Key Features of the Indicator: 1. Currency Strength Calculation: The ind

50 USD

Download user manual from : https://ontrd.com/our-books/ MT5 Version : https://www.mql5.com/en/market/product/30284 Gann Squares Indicator: Analyzing Markets with Geometric Patterns The Gann Squares indicator is a powerful tool for market analysis that draws upon the mathematical concepts introduced by W.D. Gann in his article on "Mathematical Formula for Market Predictions." This indicator incorporates Gann's techniques involving square numbers such as 144, 90, and 52, as well as the Square o

200 USD

40 USD

Technical Indicator for Detecting Strong Price Action Patterns: Pin Bar, Inside Bar, and Outside Bar Introduction: In the realm of technical analysis, price action patterns serve as vital indicators of potential market movements. We've developed a sophisticated technical indicator that streamlines the identification of robust price action patterns on charts. Our indicator specializes in detecting three essential patterns: Pin Bar, Inside Bar, and Outside Bar. Key Patterns Detected: Pin Bar: The

30 USD

Numerology-Based Support and Resistance Indicator for MetaTrader Introduction: Unlock a new dimension in technical analysis with our Numerology-Based Support and Resistance Indicator for MetaTrader. This unique tool leverages the power of numerology to identify key support and resistance levels on your charts, providing you with valuable insights into potential price movements. Key Concepts: Numerology in Trading: Numerology is the mystical study of numbers and their significance in our lives. A

30 USD

Unlock Hidden Insights with the Numerokh Indicator: Your Numerology-Based Support and Resistance Tool Introducing the Numerokh indicator, a revolutionary tool that brings the mystical world of numerology into the realm of trading. Imagine having the power to identify key support and resistance levels on your charts using the age-old wisdom of numerology. This indicator takes trading to a new dimension, offering you a unique way to analyze price movements and make informed trading decisions. Key

30 USD

Introducing the ON Trade Numerology Mirror Indicator: Unveiling Reversal Patterns through Numerology Unlock a new dimension in technical analysis with the ON Trade Numerology Mirror Indicator. This innovative tool leverages the ancient wisdom of numerology to identify key price reversal levels on your charts. By rearranging numbers in reversed positions, this indicator reveals hidden patterns that have the potential to signal significant price reversals, giving you a unique edge in your trading

40 USD

Introducing the Maravilla Square Indicator: Your Predictive Trading Assistant Discover the Maravilla Square Indicator, your key to predictive trading. This unique tool offers insights into price reversals, featuring a trend line that can be adjusted between high and low points. Trend Line Dynamics: The Maravilla Square Indicator introduces the trend line, which you can adapt to high and low points on the chart. This dynamic feature creates a direct link between the indicator and price movements,

30 USD

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463

Mohd Noor Quddussi Izuywan Bin Mohd Sani 2024.05.16 12:30 #

this indicator is good for elliot wave user like me. and the most important we cannot put other indicator with the same chart, also the support is very good.

42019

Reply from developer Abdullah Alrai 2024.05.16 15:27 #

Thank you mr mohd

Version 1.1 2024.05.16

-Bug Fix