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R Wolfe Wave

The R Wolfe Wave indicator analyses price action and transforms the accumulated data into a powerful Wolfe Wave chart pattern technical tool.
In essence, the R Wolfe Wave chart pattern can be either bullish or bearish and might help traders to open buy and sell trades without any lagging indicators.

Key Points

  • Identifies powerful Wolfe Wave patterns
  • For advanced traders
  • Works for any currency pair
  • Well worth adding to your indicator collection

This indicator can work together with any existing trading strategy or system as a trend confirmation tool.

Basic Trading Signals

BUY

  • Go long when price breaks above the bullish Wolfe Wave technical pattern.
  • Set stop loss below the Wolfe Wave trading pattern.
  • Exit the buy trade for a predetermined profit target.

SELL

  • Go short when price breaks below the bearish Wolfe Wave technical pattern.
  • Set stop loss above the Wolfe Wave trading pattern.
  • Exit the sell trade for a predetermined profit target.

Adjustable Parameters & Settings

Depth, deviation, back step, colors, style

Feel free to explore the indicator’s different parameters and settings to create your own personalized indicator setup.

Characteristics

Currency Pairs: Any

Trading Platform: Metatrader 4

Time Frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Indicator Type: Price action


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The R Ease Of Movement Metatrader 4 forex indicator is a blue colored EMZ trading oscillator. It’s an oscillator type forex indicator that generates a bullish and bearish trading area. Values above the zero level are said to be bullish while values below the zero level are said to be bearish. The R Ease Of Movement oscillator does not produce good results on its own, it needs to be traded in conjunction with a trend following technical indicator. Good forex trend indicators include: SMA, EMA,
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The R Silver Trend indicator is a trend following trading indicator that displays the current trend directly on the activity Metatrader 4 chart. It draws two types of candlesticks: Blue ones for bullish price action. Red ones for bearish price action. Trading the R Silver Trend indicator is pretty simple, even for absolute beginners, and it can be used for scalpin g (M1, M5) , day trading (M5, M15, M30) and swing trading (H1, H4, D1) currencies. Basic Trading Signals Signals from the R Silver
The R Alligator indicator was introduced by Bill Williams, it follows the trend with the help of 3 smoothed moving averages. By default, the following values are used: The 13-period smoothed moving average (known as the Jaw) The 8-period smoothed moving average (known as the Teeth) The 5-period smoothed moving average (known as the Lips) The R Alligator indicator reduces the number of false trend trades through the use of smoothening moving averages. Basic Trading Signals The R Alligator ind
This indicator uses multiple indicators to generate high-winning signal trades The R Signals indicator is a complete FX trading system that prints accurate buy & sell arrows on the chart. The indicator appears in the main MT4 chart window as colored green and red arrows. Using signals generated by a single indicator can be risky while trading. This is because using just one indicator to trade can give more false signals. Thus, many forex traders used three or more indicators to filter out g
The R 2EMA Color indicator for MT4 provides solid trading signals based on the crossover of 2 EMA’s. Key Points When price crosses and closes above the two green EMA’s, it creates a buy trade signal. When price crosses and closes above the two red EMA’s, it creates a sell trade signal. The R 2EMA Color Forex indicator makes it even more easy to determine when it’s time to buy and sell A buy signal occurs when the 2 EMA lines turn green . A sell signal occurs when the 2 EMA lines turn red . How
The R Var Moving Average Indicator is a trend following indicator designed for die-hard trend followers. It is a quite popular forex trading indicator among stock traders, as well as commodity traders, and its popularity stems from its ability to deliver genuine money making signals to its users. The indicator is comprised of green and red dots that are placed on a sienna line. The green dot is pointing to a bullish signal, while the red dot depicts a bearish signal. Basic Trading Signals Buy
The R Wavy Dash indicator transforms price data into an excellent trend-following signals indicator that works for trade entry and exit. It appears in the main chart as a colored signals line and can be used as a standalone trading tool. The R Wavy Dash indicator is very reliable, lightweight, and will not slow down your trading platform. Key Points Trend signal indicator Newbie friendly Non-repaint Well worth adding to your indicator collection This indicator can work together with any exist
The R Show Ticks indicator for Metatrader 4 shows the up/down ticks in real-time on the main trading window. Key Takeaways A white arrow is an uptick . A red arrow is a downtick . The indicator works for any currency pair and time frame of your preference. Indicator Specifications Trading Platform: Developed for Metatrader 4 (MT4) Currency pairs: Works for any pair Time frames: Works for any time frame Input Parameters: Input symbol, style, color. Indicator type: Data How to edit the indicat
The R Delta RSI indicator draws a buy and sell colored histogram based on the crossover of a fast RSI (period 14) and slow RSI (period 50) together with a signal level. A red colored histogram indicates the trend is bullish (buy signal). A green colored histogram indicates the trend is bearish (sell signal). A gray colored histogram indicates the trend is flat or range-bound (no signal). This forex indicator can be traded as a standalone or together with other trend following indicators. Scalpe
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