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PZ Wolfe Waves

1

Precision trading: leverage wolfe waves for accurate signals

Special Offer: Purchase now to receive free bonuses worth $109! (Read more for details)

Wolfe Waves are naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Clear trading signals
  • Amazingly easy to trade
  • Customizable colors and sizes
  • Implements performance statistics
  • Displays suitable stop-loss and take-profit levels
  • It implements email/sound/visual alerts
The indicator draws the pattern and the breakout arrow simultaneously to prevent the indicator from repainting the pattern as it expands. However, it might repaint sparingly -not very often-, if the entry breakout happens many times, causing the indicator to re-draw. The indicator is non-backpainting.

Definition of Wolve Wave

A wolfe wave must have the following characteristics. (Click here to see an example)
  • Waves 3-4 must stay within the channel created by 1-2
  • Wave 4 is within the channel created by waves 1-2
  • Wave 5 exceeds trendline created by waves 1 and 3

Input Parameters

  • Amplitude - The amplitude represents the minimum amount of bars between alternative price points. To find big patterns, increase the amplitude parameter. To find smaller patterns, decrease the amplitude parameter. You can load the indicator many times in the chart to find overlapping patterns of different sizes.
  • Breakout Period - Donchian breakout period to confirm wolfe waves breakouts. Zero means not used.
  • Max History Bars - Amount of past bars to evaluate when the indicator loads in the chart.
  • Display Stats - Show or hide the statistics dashboard and performance data.
  • Display SL/TP Levels - Show or hide suitable SL and TP levels for each signal.
  • Display Price Labels - Show or hide the pattern price labels.
  • Drawing Options - Colors and sizes for bullish or bearish lines and labels, as well as font sizes.
  • Breakouts - Colors and sizes for breakout arrows.
  • Alerts - Enable or disable alerts at will.

    Buy today and unlock exclusive bonuses!

      Purchase this indicator now and receive the following bonuses (total value: $109):
      • PZ Multi Oscillator Indicator (worth $30)
      • PZ Lopez Pressure Indicator (worth $49)
      • PZ Multi TDI Indicator (worth $30)

      To claim these bonuses, simply send me a private message. I will provide the bonuses to actual buyers of the indicator. To ensure it is you, please leave a review for the product first, or alternatively, provide the mql5 operation number of your purchase. I'll get back to you with your bonuses as soon as possible.


      The price of this indicator might increase next week!

      We've introduced dynamic pricing for this indicator to reflect its true market value. With each sale, the price increases by $1, rewarding early buyers. If no sales occur within a week, the price resets to the original rate, with prices updated every Monday. This model lets the market decide the product's value, but there’s always a chance to grab your desired tools at a cheaper price if you prefer to wait.


      Author

      Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

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      Bogdan Ion Puscasu
      4.96 (25)
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      Igor Pereira Calil
      5 (1)
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      Tumelo Patrick Rakotsoane
      4.59 (46)
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      PZ TRADING SLU
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      NAM TECH GROUP, CORP.
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      Vahidreza Heidar Gholami
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      PZ TRADING SLU
      5 (4)
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      This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
      Identify over 30 candlestick patterns with precision Special Offer: Purchase now to receive free bonuses worth $60! (Read more for details) This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade r
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      PZ TRADING SLU
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      PZ TRADING SLU
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      PZ TRADING SLU
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      PZ TRADING SLU
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      PZ TRADING SLU
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      PZ TRADING SLU
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      Precision trading: leverage wolfe waves for accurate signals Special Offer: Purchase now to receive free bonuses worth $109! (Read more for details) Wolfe Waves are naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements. [ Installation Guide
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      PZ TRADING SLU
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      Do you like scalping? Th is indicator displays information about the latest price quotes received from the broker. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Identify tick trends easily A blue row means the price has increased A red row means the price has decreased Customizable colors and font sizes Display your desired amount of rows The indicator is non-repainting Parameters Rows: amount of rows with data to display in the chart Font size: font size of th
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      PZ TRADING SLU
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      PZ TRADING SLU
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      PZ Turtle Trading
      PZ TRADING SLU
      5 (3)
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      Transform your trading approach with reliable bullish and bearish patterns This indicator evaluates volatility and price directionality simultaneously, which finds the following events. Decisive and sudden price movements Large hammers/shooting stars patterns Strong breakouts backed by most market participants Indecisive but volatile market situations It is an extremely easy to use indicator... The blue histogram represents the bullish impulse The red histogram represents the bearish impulse The
      This indicator evaluates the market sentiment using raw price action measurements, and it is an amazing trading confirmation. It can be used to take a trend-trade approach or a contrarian approach using reversal patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find early reversals Confirm short-term trades Detect indecision on the market Take contrarian trades near support and resistance levels Trade inside bars confirmed by overall direction of the market T
      This indicator calculates how much has an instrument won or lost in percentage terms on each bar displayed in the chart. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Identify market patterns Find decisive price movements Be suspicious about overbought/oversold situations It is an extremely easy to use indicator... The blue histogram represents winning bars The red histogram represents losing bars The gray line represents the average win/loss per bar Labels are
      PZ ABCD Retracement
      PZ TRADING SLU
      4 (5)
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      PZ Supply Demand
      PZ TRADING SLU
      3 (2)
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      PZ Correlation
      PZ TRADING SLU
      5 (1)
      In the world of finance, correlation is a statistical measure of how two securities move in relation to each other. Correlations are used in advanced portfolio management. This indicator measures how different securities move in relation to a reference one, thus making portfolio management easier.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Avoid concurrent trades in highly correlated instruments Find trading opportunities among highly correlated instruments Cor
      PZ Risk Management
      PZ TRADING SLU
      5 (1)
      This indicator monitors the vital constants of your trading account to keep it healthy and away from excessive risks. It monitors all trades, absolute exposure, account floating point and leverage currently in use, using different color codes for your interpretation.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to understand The indicator is clean and simple It calculates exposure by pairs and currencies Keep your used leverage controlled at all ti
      Tired of plotting trendlines? The PZ TrendLines indicator applies a mechanical approach to the construction of trend lines for you! [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Author Arturo López Pérez, private investor and speculator, software engineer an
      Filtro:
      nunovski
      56
      nunovski 2024.05.30 20:55 
       

      Well, for the moment doens't work as it should

      PZ TRADING SLU
      796886
      Risposta dello sviluppatore Arturo Lopez Perez 2024.08.06 11:37
      Any errors in the expert tab that explains why the indicator is not loading?
      Rispondi alla recensione
      Versione 7.0 2024.07.19
      Housekeeping update
      Versione 6.0 2019.05.09
      - Added donchian breakout period for confirmation
      Versione 5.0 2019.04.21
      - Improved drawing
      - Improved alerts
      - Added stats
      - Added SL / TP levels
      Versione 3.5 2016.04.26
      - Improved alerts
      Versione 3.0 2016.02.02
      - Added analysis and statistics
      Versione 1.6 2015.04.13
      - Fixed alerts bug
      Versione 1.5 2015.03.20
      - Important bug fix.
      Versione 1.1 2015.03.13
      - Simplified inputs
      - No ZigZag dependency anymore
      - Fixed to look for different wave sizes simultaneously