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RealWaves

2

The indicator shows the real waves, based on alternating upper and lower extremums of the price chart, thus displaying the wave structure of the market. When using this indicator, there is no need to manually apply the wave markup for the current timeframe.

Relevance of the extremums is determined in the process of their calculation, invalid extremums are not taken into account. Upper extremums are calculated by the bars highs, while lower ones are calculated by the bars lows. Only one bar is considered on each side of the bar, on which the extremum is calculated. The algorithm for determining the waves has nothing to do with ZigZag. The indicator will be very useful to traders who apply wave analysis based on the Elliott wave theory.


Parameters

  • QuantityOfBars - history depth in bars. If a large amount of history is available in the terminal, it is necessary to limit the depth of history to be analyzed by the indicator.
  • Working bar: from 0 to 2 - change the bar, at the end of which the indicator determines the relevance of the last extremum.


Examples

Screenshots 1-3 show the examples of automatic wave layout on the timeframes Н4, Н1 and М15. They also show the waves of the H4 timeframes decomposed into wave components at the smaller timeframes - H1 and M15.

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Connect Indicator is a tool used for connecting indicators between the MQL market and MT4. The connected indicators are made by our group and can be used for other applications, such as sending messages to the Line application or Telegram application. If you have any questions, please don't hesitate to ask us to receive support. Function and indicator buffer Buffer one is the high price of the previous candle. Buffer two is the high price of the previous candle. Usage To connect indicators to fu
Stratos Pali
Michela Russo
5 (1)
Indicadores
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! D
Entry Arrow Alerts
Alfred Todd
Indicadores
Entry Arrow Alerts: Finds market entry opportunities then notifies you via mobile or desktop alerts The key features include: Conservative mode . One entry signal per direction. Ideal for the patient trader looking to capture longer term moves. Aggressive mode . Multiple possible entry signals per direction. Ideal for the active trader looking to capture multiple moves within the same trend. Trigger Line . Price entry line helps cut down on false signals. Display Window . Allows you to instantly
Market Reversal Alerts
LEE SAMSON
4.19 (113)
Indicadores
Conviértase en un Breaker Trader y obtenga beneficios de los cambios en la estructura del mercado a medida que se invierte el precio. El indicador de ruptura de bloque de órdenes identifica cuándo una tendencia o movimiento de precio se acerca al agotamiento y está listo para revertirse. Le alerta sobre cambios en la estructura del mercado que generalmente ocurren cuando una reversión o un retroceso importante están a punto de suceder. El indicador utiliza un cálculo patentado que identific
Advanced Supply Demand
Bernhard Schweigert
4.91 (295)
Indicadores
¡Actualmente con 33% de descuento! ¡La mejor solución para cualquier tráder principiante o experto! Este indicador es una herramienta comercial única, de alta calidad y asequible, porque incorpora una serie de características patentadas y una nueva fórmula. Con esta actualización, podrá mostrar zonas de doble marco temporal. No solo podrá mostrar un marco temporal más alto, sino también mostrar ambos, el marco temporal del gráfico MÁS el marco temporal más alto: MOSTRANDO ZONAS ANIDADAS. A todos
Supply and Demand Dashboard PRO
Bernhard Schweigert
4.8 (20)
Indicadores
¡Actualmente 20% OFF ! Este tablero de instrumentos es una pieza muy poderosa de software de trabajo en múltiples símbolos y hasta 9 marcos de tiempo. Se basa en nuestro indicador principal (Mejores críticas: Advanced Supply Demand ).  El tablero de instrumentos da una gran visión general. Se muestra:  Valores filtrados de Oferta y Demanda, incluyendo la calificación de fuerza de la zona, Pips distancias a / y dentro de las zonas, Destaca las zonas anidadas, Da 4 tipos de alertas para los s
Graf Mason
Alexandr Lapin
5 (5)
Indicadores
Graf Mason is a tool that will make you a professional analyst! The method of determining wave movements using inclined channels qualitatively conveys the schematics of the movement of any instrument, showing not only possible reversals in the market, but also the goals of further movements!Destroys the myth that the market is alive , clearly showing the schematics of movements from one range to another! A professional tool, suitable for the medium term with the definition of the current trend!
Trend Pulse
Mohamed Hassan
5 (4)
Indicadores
Promotion   for   24 hours only   with a   40%   discount on the original price!  Please contact me after purchase to immediately get your PDF strategy + documentation for Trend Pulse !  Introducing Trend Pulse , a unique and robust indicator capable of detecting bullish, bearish, and even ranging trends! Trend Pulse uses a special algorithm to filter out market noise with real precision. If the current symbol is moving sideways, Trend Pulse will send you a ranging signal, letting you kno
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Real Waves MTF
Mikhail Reva
2 (1)
Indicadores
The indicator shows the real waves of four (selectable) timeframes on the current chart, displaying the wave structure of the market. The indicator is able to monitor the formation of waves in real time. It informs the trader when the wave of the current or higher timeframe is completely formed. It visualizes waves starting from the current timeframe and higher. Convenient and customizable visualization of the wave structure of the market. When using this indicator, there is no need to manually
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Fxpro Trader Technical
1091
Fxpro Trader Technical 2021.05.14 05:38 
 

Very Ordinary and average indicator, my mt4 freezes a few times, I need to shut the terminal and removed the chart and the indicator, coding must improve to make indicator run smoothly, hope to see some future update.

Respuesta al comentario
Versión 1.4 2020.05.21
Добавлен параметр:
TimeFrames of the waves you want to see - таймфрейм, волны которого вы хотите видеть на текущем графике. Параметр может быть задан "0" - текущий таймфрейм или от "1 minute" до "1 month". Если задаваемый таймфрейм меньше текущего, то задаваемый таймфрейм будет установлен равным текущему таймфрейму.
TimeFrame=0;
Versión 1.3 2017.12.26
Optimized the algorithm for finding extremums
Versión 1.2 2017.12.14
Added the parameter allowing you to change the bar, at the end of which the indicator determines the relevance of the last extremum.