ZigZag Robex MT4

Multi-timeframe Parabolic SAR dashboard allows you to add and monitor PSAR trends. The multi-timeframe Parabolic SAR dashboard will save you a lot of time and gives you a single view of the markets using PSAR. In short, you can just view one window and get a snapshot of up to 21 instruments on your MT4 platform. The indicator opens in a sub-window. Below are the features of the PSAR Dashboard Indicator Modify PSAR Settings: The PSAR Dashboard comes with default PSAR settings of 0.02 (Step) and 0

The Trend Ultimate Indicator is designed for visualizing and analyzing market trends, allowing traders to quickly assess current market tendencies. It is particularly useful for: Determining the duration of the current trend (bullish or bearish). Providing a clear visualization of price behavior relative to key moving averages and the MACD indicator. Supporting decision-making based on histogram dynamics (trend direction and intensity). Trend Ultimate does not guarantee profit but assists trader

X-Lines 2.0 Pro I want to present for your attention a new and completely updated and expanded version of X-Lines indicator. Version 2.0 Pro has many new features and can make your analysis more productive. Please read full instructions here . Please before purchasing try free version. Free and limited version (you can set only one alert): here 1) Multi-timeframe settings and user-friendly control panel. You can dynamically select and save indicator settings not only for each currency pairs

The Sensitive Signal ( SS ) indicator, using the filtering methods  (which includes cluster multicurrency analysis) developed by the author, allows, with a high degree of probability, to establish the beginning of the true (filtered from interference - random price walks) trend movement. It is clear that such an indicator is very effective for trading on the currency exchange , where signals are highly distorted by random noise. The filtration developed by the author is carried out

The Objective indicator can be viewed as a complete trading system. The indicator analyzes market dynamics for pivot points. Can be used as a channel indicator or level indicator! The principle of operation of the indicator is to automatically determine the current state of the market when placed on a chart. Shows favorable moments for entering the market in stripes. This indicator allows you to analyze historical data and, based on them, display instructions for further actions on the trader

ARAH TREND is an indicator to detect the current trend, and predict next trend.  Its very simple way to know trend because   the display so clear. Trend changes are indicated by indicator color change. That's great as an entry point.  The advantages of this indicator : - Beautiful Entry Points - No Need Setting - Suitable for all time frames - Geat for GBPUSD and Gold TF H1 - The display is simple and clear It can also be combined with your mainstay indicator so that the entry point is more acc

"Battles between bulls and bears continue to influence price development long after the combat has ended, leaving behind a messy field that observant technicians can use to manage risk and find opportunities. Apply "trend mirror" analysis to examine these volatile areas, looking for past action to impact the current trend when price turns and crosses those boundaries." - Investopedia.com RSI Mirrors and Reflections is a robust technique using multiple RSI periods, mirrors and reflections based o

ForexGumpUltra is a new and more advanced indicator of the ForexGump series. This indicator easily determines the price direction on any currency pair and any timeframe. The indicator draws its signals on the zero bar and does not redraw them (see the video). In the 34th second of the video it can be seen that this indicator uses new filters to determine the changes in price movement direction without delay, despite the market noise present at the moment (see the video on the 34th second). Once

This Indicator will notified you when market going to trend reversal, build with candlestick pattern strategy  --> Sell Reversal Notification will flag with the Yellow arrow --> Buy Reversal Notification will flag with the Pink arrow After Flag Appear, the market usually reverse but carefully you must performs double check because weakness of this indicator when market in the middle of the trend

The best indicator out there, try it yourself! Please leave your positive comments and reviews! Settings: AlertConfirmation: truns on and off alerts CalculatedBars: how many bars will be calculated Distance : arrow distance Buffers: Buffer0 (Arrow Buy) Buffer1 (Arrow Sell) Buffer2 (Empty) Buffer3 (Empty) Buffer4(Buy value == 1) Buffer5(Sell value ==1)

The indicator colors bars displaying prices of overbought and oversold areas on the chart. It will help you to estimate moments when market climate changes and the price has its local extreme values. It can be used both independently and as a good supplement to any channel trading system. And this indicator is easy-to-use in expert advisors due to usage of indicator buffers instead of graphical objects. Settings ExtPeriod = 100 — indicator period; Sensitivity = 80 — indicator sensitivity.

KT DMA is a modified and advanced version of the classic Displaced Moving Averages with buy/sell crossover alerts and a Multi-Timeframe scanner that shows DMA's direction across each real-time time frame. A Displaced Moving Average is a simple moving average that moves ahead or backward in a time frame (either short-term or long-term). It also allows you to predict price movement more accurately. Features Depicts the trend direction using the alignment of three moving averages. Buy/Sell signals

The Trend Slow indicator uses the author's algorithm for analyzing price behavior and displays the result of complex work in the form of lines. For simplicity, the algorithm automatically changes the line color according to its direction. The indicator has a parameter to enable alerts when the color changes, thus helping the trader to identify new market trends. This system will help you find high-probability trades in the direction of strong trends.

The correlation coefficient reflects the relationship between two values. It shows the dependence of changes in one value on changes in another. For example, from changes in the price of EURUSD and EURNZD. The correlation coefficient in trade, currency relations is constantly changing. Special indicators of correlation help to define it, trace changes, draw correct conclusions. One of them is the Hubbles Correlator indicator. The indicator allows you to simultaneously display several other char

The Transition Trend indicator shows the points of potential market reversal. The indicator's smart algorithm detects the trend, filters out market noise and generates entry signals and exit levels. Simple, visual and efficient trend detection. Uses just one parameter for settings. The indicator does not redraw and does not lag. You can set up message alerts as sound or email. Works on all currency pairs and all timeframes. Ready-made trading system.

The only volatility calculator for ANY custom time period. Place up to 5 vertical lines on chart at your chosen times to find the average volatility / expected price movement for any custom time period starting at each line time (e.g. from the time you opened your trade  or from the start of a session etc). Use the average volatility to set achievable take profit targets for your trades.  Also use the visual on-chart HISTORICAL lines to easily analyse price action at specific times of day + get

TrueRegression will calculate the linear regression of a given sequence of bars, and display the line of best fit on the chart. Regression is used to determine whether a market is currently trending, and whether sub-trends are occurring, which can hint at a potential breakout situation. The indicator will recalculate every 'n' bars (defined by the user input). When the indicator re-draws, it will keep the original lines on the chart, unmodified, so they can be referenced by a custom EA, or by th

Based on Vitali Apirin's idea, here is a momentum indicator that he describes as a tool to help traders determine the direction of a trend. If the green line is over the red line, the trend is upward; if the red line is over the green one, the trend is downward. The indicator is made up of two separate calculations: the HHs or higher high stochastic, and the LLs or lower low stochastic, which together comprise the HHLLs. Vitali Apirin uses ideas he discovered while studying the stochastic oscill

This is a screener that allows to identify assets that are more than usually overbought (% growth) or oversold (% fall)  within a selected period of time (time frame). The market is ruled by the law, buy cheaper, sell more expensive,  but without an automatic scanner it is very difficult to identify assets overbought or oversold, say, within the current week, or the current hour, or month. There can be dozens or hundreds of instruments, sometimes it is simply not possible to physically analyze e

Profit Chaser is based on Parabolic SAR indicator. This indicator give an edge by pointing the direction an asset is moving, as well as providing entry and exit points. NOTE:  The EA version of this indicator will be available soon. It will automatically open and close trades for you, it will also allow you to insert your preferred inputs such as Lot size; Take profit; Stop loss; Trailing stop; Break even etc. HOW TO USE: Sell Signal; Place a Sell trade when the indicator arrow points down. Clos

Description Heiken Ashi Multicurrency  is a colored well-known multicurrency/multy-symbol indicator. It shows a financial instrument as a smoothed candlestick chart in a separate window below the chart of the main financial symbol. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error m

This indicator shows Linear Regression Line and it's channels which calculated with fibo numbers. You can use this indicator in different timeframes on your chosen timeframe chart. You only need to attach this indicator on the chart twice or more with a different colors to do this.  There are 6 input parameters; period      : you can choose regression timeframe independent of chart timeframe. linewidth : width of line on the chart. bars back regression begin : calculated regression bar count. LR

With the help of this Practica Trend forex indicator algorithm, you can quickly understand what kind of trend is currently developing in the market. The Practical Trend indicator accompanies long trends, can be used without restrictions on instruments or timeframes. With this indicator, you can try to predict future values. But the main use of the indicator is to generate buy and sell signals. The Practical Trend indicator is used in the forex markets. One of the main definitions for monitorin

This indicator is designed for trend trading and it helps in determining the best entry points. To identify the points, it is necessary to follow the signal line. Once the line crosses the zero level upwards - buy, and when it crosses downwards - sell. In addition to the signal line, the indicator also displays the so-called market "mood" in real time in the form of a histogram. The indicator works on all timeframes and with all instruments. The indicator operation required the Moving Average in

OVERVIEW The Vector Candle Zones Render indicator automatically renders boxes for vector candle zones that are yet to be recovered. The indicator is an implementation of an existing PVA candles indicator. Combine it with PVSRA and MarketMakerMethod strategy. FEATURES Software: MetaTrader4 - MT4 - 600+ build Timeframes: Multi-Timeframe Markets: Forex/Cryptos/Energies/Bonds/Metals/Indices/Futures/Commodities Customizable style parameters: Change Color style Change Percentage style C

Versus USD calculates the price variation of each major currency against the USD and displays a clear and comparative view of their performance for each period or bar indexed by the cursor in the current Timeframe of the chart with progress bars . Additionally, it marks an arrow on the bar/period where the currency in question experienced the highest or lowest rate of change against the USD compared to other currencies, thus providing a more precise measure of the currency's performance. The US

!SPECIAL SALE!  The indicator shows on the chart the accurate market entry points, accurate exit points, maximum possible profit of a deal (for those who take profit according to their own system for exiting deals), points for trailing the open positions, as well as detailed statistics. Statistics allows to choose the most profitable trading instruments, and also to determine the potential profits. The indicator does not redraw its signals! The indicator is simple to set up and manage, and is su

Projection Trend - a Forex arrow indicator without redrawing does not change its signals when the market situation changes, does not adjust to the chart. The signals given by him are unambiguous. Traders build a trading system that provides good signals 80-90% of the time. The indicator showing the points of entry and exit from the market with arrows is able to bring results not only in the Forex market, but also when working with binary options. You can buy it and install it in MetaTrader you

Why the RSI Alert Indicator is Essential for Your Trading Toolkit In the fast-paced world of trading, timely and accurate information is crucial. The RSI Alert Indicator is a powerful tool designed to help you stay ahead of the market by providing real-time alerts when the Relative Strength Index (RSI) reaches critical levels. Whether you're a novice trader or a seasoned professional, this indicator can significantly enhance your trading strategy by pinpointing potential market reversals with

TrendScanner XTra scans market trends from Multi Symbols and Multi Timeframes with extra additional Entry Point Signals arrow on the current chart. Features: -Entry Point SIgnals :  This is additional feature in the indicator. No repaint arrows. The Trading system in the single indicator. MTF Trend informations and Entry Signals. In order to make it easier for trader to get trading moments from a single chart and  deciding entry time.  -Changeable Panel Display :  Change the value of Max.Symbol

Gann Made Easy is a professional and easy to use Forex trading system which is based on the best principles of trading using the theory of W.D. Gann. The indicator provides accurate BUY and SELL signals including Stop Loss and Take Profit levels. You can trade even on the go using PUSH notifications. PLEASE CONTACT ME AFTER PURCHASE TO GET MY TRADING TIPS PLUS A GREAT BONUS! Probably you already heard about the Gann trading methods before. Usually the Gann theory is a very complex thing not only

NOTE: CYCLEMAESTRO is distributed only on this website, there are no other distributors. Demo version is for reference only and is not supported. Full versione is perfectly functional and it is supported CYCLEMAESTRO , the first and only indicator of Cyclic Analysis, useful for giving signals of TRADING, BUY, SELL, STOP LOSS, ADDING. Created on the logic of Serghei Istrati and programmed by Stefano Frisetti ; CYCLEMAESTRO is not an indicator like the others, the challenge was to interpret only t

!SPECIAL SALE! An exclusive indicator that utilizes an innovative algorithm to swiftly and accurately determine the market trend. The indicator automatically calculates opening, closing, and profit levels, providing detailed trading statistics. With these features, you can choose the most appropriate trading instrument for the current market conditions. Additionally, you can easily integrate your own arrow indicators into Scalper Inside Pro to quickly evaluate their statistics and profitability

Gold Stuff is a trend indicator designed specifically for gold and can also be used on any financial instrument. The indicator does not redraw and does not lag. Recommended time frame H1. At it indicator work full auto  Expert Advisor EA Gold Stuff. You can find it at my profile. Contact me immediately after the purchase to get   personal bonus!  You can get a free copy of our Strong Support and Trend Scanner indicator, please pm. me! Settings  and manual here  Please note that I do not sell my

Currently 20% OFF ! Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs plus one. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market plus Gold or 1 indices. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the e

M1 Arrow is an indicator which is based on natural trading principles of the market which include volatility and volume analysis. The indicator can be used with any time frame and forex pair. One easy to use parameter in the indicator will allow you to adapt the signals to any forex pair and time frame you want to trade. The Arrows DO NOT REPAINT and DO NOT LAG! The algorithm is based on the analysis of volumes and price waves using additional filters. The intelligent algorithm of the indicator

Unlock the Power of Trends Trading with the Trend Screener Indicator: Your Ultimate Trend Trading Solution powered by Fuzzy Logic and Multi-Currencies System! Elevate your trading game with the Trend Screener, the revolutionary trend indicator designed to transform your Metatrader into a powerful Trend Analyzer. This comprehensive tool leverages fuzzy logic and integrates over 13 premium features and three trading strategies, offering unmatched precision and versatility. LIMITED TIME OFFER : Sup

This indicator is a super combination of our 2 products  Advanced Currency IMPULSE with ALERT  and  Currency Strength Exotics . It works for all time frames and shows graphically impulse of strength or weakness for the 8 main currencies plus one Symbol! This Indicator is specialized to show currency strength acceleration for any symbols like Gold, Exotic Pairs, Commodities, Indexes or Futures. Is first of its kind, any symbol can be added to the 9th line to show  true currency strength accelerat

PUMPING STATION – Your Personal All-inclusive strategy Introducing PUMPING STATION — a revolutionary Forex indicator that will transform your trading into an exciting and effective activity! This indicator is not just an assistant but a full-fledged trading system with powerful algorithms that will help you start trading more stable! When you purchase this product, you also get FOR FREE: Exclusive Set Files: For automatic setup and maximum performance. Step-by-step video manual: Learn how to tra

Golden Trend indicator  is The best indicator for predicting trend movement this indicator never lags and never repaints and never back paints    and give  arrow buy and sell    before the candle appear  and it will help you and  will make your trading decisions clearer its work on all currencies and  gold and crypto and all time frame This unique  indicator uses very secret algorithms to catch the  trends, so you can trade using this indicator and see the trend clear on charts  manual guide and

ENIGMERA: The core of the market The indicator’s code has been completely rewritten. Version 3.0 adds new functionalities and removes bugs that had accumulated since the indicator’s inception. Introduction This indicator and trading system is a remarkable approach to the financial markets . ENIGMERA uses the fractal cycles to accurately calculate support and resistance levels. It shows the authentic accumulation phase and gives direction and targets.  A system that works whether we are in a tre

Trade smarter, not harder: Empower your trading with Harmonacci Patterns This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It detects 19 different harmonic pric

Entry points at the bar close,  without redrawing .  Trend scanner  across all assets,  MTF - mode  and much more in one tool. We recommend using it together with   RFI LEVELS. ИНСТРУКЦИЯ RUS   /   INSTRUCTIONS  ENG         /        VERSION MT5 Main functions: Accurate entry signals WITHOUT REPAINTING! Once a signal appears, it remains valid! This is a significant distinction from repainting indicators that might provide a signal and then alter it, potentially leading to deposit losses. Now, you

After your purchase, feel free to contact me for more details on how to receive a bonus indicator called VFI, which pairs perfectly with Easy Breakout for enhanced confluence!   Easy Breakout is a powerful price action trading system built on one of the most popular and widely trusted strategies among traders: the Breakout strategy ! This indicator delivers crystal-clear Buy and Sell signals based on breakouts from key support and resistance zones. Unlike typical breakout indicators, it levera

Specials Discount now. The Next Generation Forex Trading Tool. Dynamic Forex28 Navigator is the evolution of our long-time, popular indicators, combining the power of three into one: Advanced Currency Strength28 Indicator (695 reviews) + Advanced Currency IMPULSE with ALERT (520 reviews) + CS28 Combo Signals (recent Bonus) Details about the indicator  https://www.mql5.com/en/blogs/post/758844 What Does The Next-Generation Strength Indicator Offer? Everything you loved about the originals, now

- Real price is 80$ - 40% Discount (It is 49$ now) - Lifetime update free Contact me for instruction, add group and any questions! Related Products:  Bitcoin Expert , Gold Expert - Non-repaint - I just sell my products in Elif Kaya profile, any other websites are stolen old versions, So no any new updates or support. Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.  The break and retest strategy is design

Scalper Vault is a professional scalping system which provides you with everything you need for successful scalping. This indicator is a complete trading system which can be used by forex and binary options traders. The recommended time frame is M5. The system provides you with accurate arrow signals in the direction of the trend. It also provides you with top and bottom signals and Gann market levels. The indicator provides all types of alerts including PUSH notifications. PLEASE CONTACT ME AFT

Try "Chart Patterns All in One" Demo and get Bonus. Send me message after trying demo to get Bonus. Leave a Comment after purchase to get 8 high quality indicators as Bonus. The Chart Patterns All-in-One indicator helps traders visualize various chart patterns commonly used in technical analysis. It supports identifying potential market behaviors, but profitability is not guaranteed. Testing in demo mode is recommended before purchasing. Current Offer : 50% discount on the "Chart Patterns All

IX Power: Unlock Market Insights for Indices, Commodities, Cryptos, and Forex Overview IX Power is a versatile tool designed to analyze the strength of indices, commodities, cryptocurrencies, and forex symbols. While FX Power offers the highest precision for forex pairs by leveraging all available currency pair data, IX Power focuses exclusively on the underlying symbol’s market data. This makes IX Power an excellent choice for non-forex markets and a reliable option for forex charts when deta

Trade Smarter, Not Harder Tired of cluttered charts and indecision? RelicusRoad Pro simplifies trading by giving you clear, actionable tools to understand the market and execute trades with confidence. Whether you're analyzing trends, spotting reversals, or planning your next move, this all-in-one solution makes trading intuitive and stress-free. RelicusRoad Pro helps you trade with clarity and confidence, empowering traders of all levels to succeed in forex, futures, cryptocurrencies, stocks, a

!SPECIAL SALE! The Reversal Master is an indicator for determining the current direction of price movement and reversal points. The indicator will be useful for those who want to see the current market situation better. The indicator can be used as an add-on for ready-made trading systems, or as an independent tool, or to develop your own trading systems. The Reversal Master indicator, to determine the reversal points,  analyzes a lot of conditions since the combined analysis gives a more accura

Limited Special now on!  GET 20% OFF! Was $249, now only $199!  The Beast Super Signal indicator is a straightforward, trend-based indicator that's easy to use. It continuously monitors current market conditions, looking for new trends or opportunities to join existing ones. When all of its internal strategies align perfectly, the indicator provides a buy or sell signal. Just act on the signal arrow alert; no additional confirmation is needed. This versatile trading tool works across all curre

PRO Renko System is a highly accurate trading system specially designed for trading RENKO charts. The ARROWS and Trend Indicators DO NOT REPAINT! The system effectively neutralizes so called market noise giving you access to accurate reversal signals. The indicator is very easy to use and has only one parameter responsible for signal generation. You can easily adapt the tool to any trading instrument of your choice and the size of the renko bar. I am always ready to provide extra support to help

FX Power: Analyze Currency Strength for Smarter Trading Decisions Overview FX Power is your go-to tool for understanding the real strength of currencies and Gold in any market condition. By identifying strong currencies to buy and weak ones to sell, FX Power simplifies trading decisions and uncovers high-probability opportunities. Whether you’re looking to follow trends or anticipate reversals using extreme delta values, this tool adapts seamlessly to your trading style. Don’t just trade—trade

Stratos Pali Indicator   is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost! Dow

KT Renko Patterns scans the Renko chart brick by brick to find some famous chart patterns that are frequently used by traders across the various financial markets. Compared to the time-based charts, patterns based trading is easier and more evident on Renko charts due to their uncluttered appearance. KT Renko Patterns features multiple Renko patterns, and many of these patterns are extensively explained in the book titled Profitable Trading with Renko Charts by Prashant Shah. A 100% automated

Introducing   Quantum Breakout PRO , the groundbreaking MQL5 Indicator that's transforming the way you trade Breakout Zones! Developed by a team of experienced traders with trading experience of over 13 years, Quantum Breakout PRO is designed to propel your trading journey to new heights with its innovative and dynamic breakout zone strategy. Quantum Breakout Indicator will give you signal arrows on breakout zones with 5 profit target zones and stop loss suggestion based on the breakout box. I

Next Generation Of Automated Supply And Demand Zones. New and Innovative Algorithm that Works At Any Chart. All Zones Are Being Created Dynamically According To Price Action Of The Market. AMAZING OFFER --> Activations from 5 to 20 for "MTF Supply Demand Zones" and "Automated Trendlines" If you get the MTF Supply Demand Zones you can join the " Trade Like Me " Video Series. It contains 14 Live Sessions where  i am placing trades on Forex, Stocks, Indices and Metals. You will be able to see ho

FX Levels: Exceptionally Accurate Support & Resistance for All Markets Quick Overview Looking for a reliable way to pinpoint support and resistance levels across any market—currencies, indices, stocks, or commodities? FX Levels merges our traditional “Lighthouse” method with a forward-thinking dynamic approach, offering near-universal accuracy. By drawing from real-world broker experience and automated daily plus real-time updates, FX Levels helps you identify reversal points, set profit targe

Volatility Trend System - a trading system that gives signals for entries. The volatility system gives linear and point signals in the direction of the trend, as well as signals to exit it, without redrawing and delays. The trend indicator monitors the direction of the medium-term trend, shows the direction and its change. The signal indicator is based on changes in volatility and shows market entries. The indicator is equipped with several types of alerts. Can be applied to various trading ins

The standard RSI indicator is very helpful in identifying overbought or oversold areas during a flat, but gives a lot of false signals when the market is trending. For example: during an uptrend, the standard indicator often enters the "oversold" zone and extremely rarely (most often, when the trend has already ended) enters the "overbought" zone. This indicator takes into account the trend movement and, with the selected settings, can enter the zone opposite to the trend direction, giving a sig

Everything is very simple here. I have never understood indicators without external parameters. And the Awesome Oscillator is no exception. Now you can customize this indicator to suit your needs and strategies. Reference: The Awesome Oscillator indicator shows the distance in points between two moving averages (fast and slow). The AO_Robex indicator has in its parameters a change in the period of moving averages. The default parameters are the same as in the standard indicator.

The standard RSI indicator is very helpful in identifying overbought or oversold areas during a flat, but gives a lot of false signals when the market is trending. For example: during an uptrend, the standard indicator often enters the "oversold" zone and extremely rarely (most often, when the trend has already ended) enters the "overbought" zone. This indicator takes into account the trend movement and, with the selected settings, can enter the zone opposite to the trend direction, giving a sig

Intelligent ZigZag indicator. It has only two settings. The higher the values, the more significant extreme values it shows. Application area. To determine the trend. Line drawing direction. To recognize multiple patterns. If you put two indicators on one chart with fast and slow values. By changing the color of one of them, you can very well decompose the price movement into waves. The indicator can be a great helper for marking the chart and identifying the key levels from which the pri