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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 $129! (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: $129):
      • PZ Trade Pad Pro EA (worth $99)
      • 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.

      Author

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

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      필터:
      nunovski
      56
      nunovski 2024.05.30 20:55 
       

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

      PZ TRADING SLU
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      개발자의 답변 Arturo Lopez Perez 2024.08.06 11:37
      Any errors in the expert tab that explains why the indicator is not loading?
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      버전 7.0 2024.07.19
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      버전 6.0 2019.05.09
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      버전 3.0 2016.02.02
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      버전 1.6 2015.04.13
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      버전 1.5 2015.03.20
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      버전 1.1 2015.03.13
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