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Royal Wave Pro M5

129 USD

Versione demo scaricata: 515

Pubblicato: 30 dicembre 2021

Versione attuale: 4.6

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Royal Wave Pro M5

Name: Royal Wave Pro M5
Price: 129.00 USD
Rating: 3.5 (4 reviews)
Author: Vahidreza Heidar Gholami

3.5

Indicatori
Vahidreza Heidar Gholami
Versione: 4.6
Aggiornato: 17 giugno 2022
Attivazioni: 10

Royal Wave is a Trend-Power oscillator which has been programmed to locate and signal low-risk entry and exit zones. Its core algorithm statistically analyzes the market and generates trading signals for overbought, oversold and low volatile areas. By using a well-designed alerting system, this indicator makes it easier to make proper decisions regarding where to enter and where to exit trades.

Features

Trend-Power Algorithm
Low risk Entry Zones and Exit Zones
Predictions for Overbought and Oversold areas
Sound Alerts, Push Notifications,Zone Flasher, ...
Multi-Timeframe and Multi-Currency Analysis
Signal Matrix
Cross Window
No Repainting

Please don't hesitate to contact me directly if you have any question or difficulty related to this product. You will get instant responses to your questions sent through MQL5 messenger.
Watch the tutorial video at the end of this description.
Don't forget to subscribe to my YouTube Channel.

Entry Zones

Once the oscillator value is about zero it means there’s going to be a big movement in the price in the near future because traders from almost all timeframes are agree on the current price and have united to move the price by a big step in one direction. Therefore, Royal Wave tries to predict low-risk entry zones where price wants to move only in one direction until the oscillator reaches the exit zone. Entry zones are always going to be the close enough start of a big movement in the price.

Exit Zones

Once the oscillator is in the exit zone close to 100, it’s predicting an overbought when the color is yellow or an oversold when the color is blue. This zone can be used to exit a trade or update a stop loss level because of the high probability of reversals in these areas.

Exit Zone points are potential candidates to be reversal points in a trend. By using the Royal Wave Signal Matrix, some of these areas can be identified as low-risk areas to enter a reversal trade.

Trend and Power

The value of the oscillator represents the current power of the trend which oscillates between 0 and 100. When the power is rising, a yellow color indicates a strong uptrend and a blue color indicates a strong downtrend. A decreasing power shows consolidation which means there is no trend in the price and the trader should wait for the entry zone.

Signal Matrix

Gives an informative view of several symbols for all timeframes in one matrix. Each cell of this matrix is a brief representation of a symbol's price behavior from a single timeframe. Please watch the tutorial video for more details.

Cross Window

See and compare data from an arbitrary symbol and timeframe within a chart with a different symbol and timeframe. This tool can be used to develop multi-symbol and multi-timeframe strategies. Please watch the tutorial video for more details.

Test Recommendations

Use different values for Alpha and Beta. Test both 0.1 and 0.2 values for Alpha on different timeframes.
Alerting functions, Signal Matrix and Cross Window might not work in the test process properly. it's the MetaTrader restrictions for playing sounds and drawing objects in the strategy tester.

Input Parameters

Input Name [Range]	Description
Symbol, Timeframe	Use this input to set different Symbols or Timeframes for the indicator. For example, on a EURUSD chart you can write USDJPY, H1 for the input. By adding a minus sign before the name of the symbol (-USDJPY, H1), Royal Wave will use the inverse of USDJPY which is JPYUSD. Symbol inversion makes it possible to have the same base or quote currency for the chart and the indicator.
Sensitivity [0.0, 1.0]	This input makes the oscillator sensitive to local price movements. The closer to 1, the more it gets sensitive.
Alpha and Beta inputs [0.0, 1.0]	To catch longer trends and for noise canceling increase these inputs. For getting the overall trend add a second Royal Wave with a higher timeframe or with higher values of Alpha and Beta.
Smooth Period	Makes the signal smoother. Enter 0 if smoothing is not required.
Zone Flasher	When using Royal Wave on multiple displays/charts, by color-flashing on entry and exit zones it draws your attention to the chart which potentially requires some trading action.

altro...

ThomasSander 2022.11.17 20:54 #

Incredible signals in combination with Royal Scalping Indicator. Good work!

849

ROLF WILLY ORTMANN 2022.02.01 07:55 #

This Indicator works absolutely perfect.Very good work

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CONTACT US after purchase to get the Indicator Manual. Try Now—Limited 50% Discount for First 10 Buyers! Download the Metatrader 4 Version Read the product description carefully before purchasing the product. Due to regulatory restrictions, our service is unavailable in certain countries such as India, Pakistan, and Bangladesh. William Delbert Gann (W.D. Gann) was an exceptional market analyst, whose trading technique was based on a complex blend of mathematics, geometry, astrology, and anc

149 USD

Elliot Waves Analyzer Pro calculates Elliot Waves to Help Identify Trend direction and Entry Levels. Mainly for Swing Trading Strategies. Usually one would open a Position in trend direction for Wave 3 or a Correction for Wave C . This Indicator draws Target Levels for the current and next wave. Most important Rules for Elliot Wave Analysis are verified by the Indicator. The Pro version analyzes Multiple Timeframes and shows the Subwaves and Target-Levels. For an Overview " Elliot Waves Anal

220 USD

Cycle Sniper MT5 Cycle Sniper MT4 Version and definitions : https://www.mql5.com/en/market/product/51950 Important Notes: MT5 Version does not include Breakout Mode and Late Entry Mode Features. MT5 Version does not include RSI and MFI filter. **Please contact us after your purchase and we will send you the complimentary indicators to complete the system.** This indicator does not send any signal without a reason...You can observe and analyze the indicator and the signals it sends Cycle Sni

150 USD

199 USD

Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low

129 USD

MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith

129 USD

Meta Trend Indicator is an efficient way to forecast and detect the trend in any market. It reveals the trend, support and resistance levels, volatility and the maximum potential target, all in one indicator. To adapt to the price and to decrease consecutive trend failures, the internal trend detector algorithm studies the market and dynamically chooses the right values for the internal parameters. This indicator is a perfect trend filter for any strategy or expert advisor. Features Super Adapti

129 USD

The trend in the market can be predicted using trend lines but the problem is you don’t know where exactly the price is going to touch the trend line where you can put your pending orders on. Smart Channel Expert Advisor makes it possible to put an advanced channel around the price data, which can be configured to handle placing orders, opening and closing positions, managing risk per trade, spread, slippage, and trailing stop-loss and take-profit automatically. Features Money Management (Calcul

129 USD

Filtro:

296

mohamad.H Valipour 2023.12.11 17:11 #

L'utente non ha lasciato alcun commento sulla valutazione.

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Risposta dello sviluppatore Vahidreza Heidar Gholami 2023.12.11 17:22 #

Appreciate you taking the time to share your experience – thank you!

234

Piyu3193 2023.06.30 17:54 #

I have purchased Royal Scalping And Royal Wave Pro MT5 indicators...I have beginner so please help me for setting...

526

bob thomson 2023.05.31 23:36 #

just dont spend your money on that. It simply uses the RSI and MA . For that you pay 120 dollars. LOL.

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Risposta dello sviluppatore Vahidreza Heidar Gholami 2023.09.27 06:31 #

If you put an RSI and an MA on your chart, and for some settings in some interval of time you find signals close to the Royal Wave signal, It doesn't mean it's using RSI and an MA. Do an MA and an RSI join together to alert you to overbought and oversold points? Can you analyze your chart using multiple symbols?

ThomasSander 2022.11.17 20:54 #

Incredible signals in combination with Royal Scalping Indicator. Good work!

849

ROLF WILLY ORTMANN 2022.02.01 07:55 #

This Indicator works absolutely perfect.Very good work

Versione 4.6 2022.06.17

The Signal Matrix is now scalable for big screens.
The Matrix can auto ajdust itself for any type of screen.
If you use custom scaling for your screen, enter the scaling size in the settings of RoyalWave.

Versione 4.4 2022.03.03

Alert Functions Improvements