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BeST Elliot Wave Oscillator Strategies MT5

BeST_ Elliot Wave Oscillator Strategies is an MT5 indicator which by default is the difference of two SMAs displayed as a histogram fluctuating around zero while a Signal Line generates Entry Signals either in a Reverse or in a Normal Mode and it is a very powerful tool that very often exploits huge market movements.

Signal Line comes in 2 types:
  • Advanced Get Type – like the corresponding one used in the homonym analysis package
  • Mov. Average Type – as a Moving Average of the Elliot Oscillator

Indicator’s features
  • Easy to trade producing clear Entry signals displayed as Arrows at the EWO and its Signal Line crossing points
  • Not repainting or backpainting Signals
  • Uses 4 selectable and fully configurable Entry Filters of common use (only for Reverse Entries Mode)
  • Customizable colors and sizes
  • It implements performance statistics (mainly for the Reversed Entries Mode)
  • It implements all MT5 Alerts (sound/message,email,push notification)

You can Maximize the product's potentialitty by using our offer for every customer who has already purchased the indicator which is a very useful  Multi-Scanner Indicator displaying % Success Ratio and Profit Factor (P/L) in order to find the most promising trading setups (Symbols and Timeframes).


Input Parameters

=== Basic Settings

  • Elliot Oscillator's Signal Type – select Signal’s type
  • Reverse_Entries Mode – select Entries Mode (Reverse or Normal)
  • Oscillator’s parameters – select MAs forming EWO parameters
  • MA Signal’s parameters – select MA Signal Line parameters

=== Entry Filters Settings

  • Entry_Filter – select  Filter Type (Inactive by default)

      1. Single MA_Filtering Method Settings
      2. Two MAs_Filtering Method Settings
      3. MinCrossingPercentage_Filtering Method Settings
      4. ADXPMDI_Filtering Method Settings

      === Level Settings

      • Level Value – select Oscillator’s Level value (by default is the Zero-Line)

      === Displaying Settings - select which chart objects and features to show/activate and select the color, size and distances of drawn objects

      === Arrows Settings - select Entry arrows / signals features

      === Alert Settings - for controlling the use of all MT5 alerts

      For EA Developers
      • Buy Arrows:    Buffer = 2
      • Sell Arrows:    Buffer = 3




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      Juvenille Emperor Limited
      5 (13)
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      Vahidreza Heidar Gholami
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      Daniel Stein
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      Blahtech Limited
      4.54 (13)
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      Alexey Minkov
      5 (6)
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      Georgios Kalomoiropoulos
      5 (1)
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      Fxaccurate Trend Trading is a method that focuses on identifying and capitalizing on market trends in the foreign exchange (Forex) market. This strategy is grounded in the principle that once a trend is established, it tends to persist, allowing traders to enter positions that align with the market's prevailing direction. Fxaccurate Trend Trading relies on various tools, indicators, and methodologies to spot, confirm, and trade in the direction of a trend, whether it’s upward (bullish) or downwa
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      Mohamed Hassan
      5 (1)
      Enjoy a   50% OFF   Christmas holiday sale!   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 MT5   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 resis
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      Vahidreza Heidar Gholami
      5 (6)
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      Yazarın diğer ürünleri
      BeST_Oscillators Collection is a Composite MT5 Indicato r including the Chaikin ,  Chande and TRIX Oscillators from which by default Chaikin and TRIX Oscillators but not Chande Momentum Oscillator are contained in MT5 platform. It also provides for each Oscillator the option of displaying or not a Mov. Average as a  Signal Line and the resulting Signals as Arrows in a Normal (all arrows) or in a Reverse Mode (without showing up any resulting successive and of same type arrows). Analytically fo
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      BeST_ Elliot Wave Oscillator Strategies is an MT4 indicator which by default is the difference of two SMAs displayed as a histogram fluctuating around zero while a Signal Line generates Entry Signals either in a Reverse or in a Normal Mode and it is a very powerful tool that very often exploits huge market movements. Signal Line comes in 2 types: Advanced Get Type – like the corresponding one used in the homonym analysis package Mov. Average Type – as a Moving Average of the Elliot Oscillator I
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      BeST Oscillators Collection is a Composite MT4 Indicator including the  Chaikin,Chande  and TRIX Oscillators which by default are contained in  MT5  but not in  MT4 platform. It  also provides  the option of displaying or not a Mov. Avg. as a Signal   Line and the resulting Signals as Arrows in a Normal (all arrows) or in a Reverse Mode (without showing up any resulting successive and of same type arrows). Analytically for each one of the specific Oscillators: The Chaikin Oscillator ( CHO )   is
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      BeST_ Classic Pivot Points is an MT4 Indicator that is based on the widely known and definitely classic Pivot Point of a market prices activity. A pivot point is calculated as an average of significant prices (high,low,close) from the performance of a market in the prior trading period. If the market in the following period trades above the pivot point it is usually evaluated as a bullish sentiment, whereas trading below the pivot point is seen as bearish. A pivot point and the associated suppo
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      BeST DEMA
      Eleni Koulocheri
      4.5 (2)
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      BeST TEMA
      Eleni Koulocheri
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      BeST Chande RAVI
      Eleni Koulocheri
      5 (1)
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      BeST Darvas Boxes
      Eleni Koulocheri
      5 (5)
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      BeST_Visual MAs Signal Generator  MT4 Indicator is a very  useful Visual Tool that can display in the Chart all ENTRY signals (BUY and SELL) and also any corresponding EXIT signal, based on a total of 12, common but also different trading strategies, in which the Entry and Exit Signals are derived exclusively by using Moving Averages (MAs). The two main groups of MAs Strategies included in this tool are: A) Crossover Signals This group includes 4 different strategies (A1-A4), where Entry and Exi
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      BeST_Trend  Scanner is an MT4 Indicator that uses a proprietary algorithm   in order to identify the most likely levels and probable moment for an upside  or a downside trending price move. BeST_Trend  Scanner is a very useful tool that defines in advance and with a high statistical percentage of accuracy the subsequent Resistance & Support Levels of the anticipated upside or downside trending move of price and so When used at its Reverse Entries Mode : It generates Buy or Sell arrows at the ver
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      BeST Trend Exploiter
      Eleni Koulocheri
      5 (4)
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      BeST_Profit Taker Exits is a Metatrader Indicator based on the corresponding vital part of Jim Berg's Trading System.It timely locates the most likely points/bars of significant Profit Taking and can be easily used as an add-on to any Trading System/Method . The Indicator consists of 2 Take Profit lines deriving as (MA ± times the ATR) usually the upper one above the prices (for Long Trades) and the lower one below prices (for Short Trades). When the Close (or High by choice) of a bar is above
      BeST_Hull MAs Directional Strategy is a Metatrader Indicator based on the corresponding Hull Moving Average.It timely locates the most likely points for Entering the Market as well as the most suitable Exit points and can be used either as a standalone Trading System or as an add-on to any Trading System for finding/confirming the most appropriate Entry or Exit points. This indicator does use only the directional slope and its turning points of Hull MAs to locate the Entry/Exit points while it a
      BeST Breakout Strategy
      Eleni Koulocheri
      5 (1)
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      BeST_Keltner Channels Strategies  EA   is an MT4  Expert Advisor that is based on the method developed by Chester W. Keltner described in book “How To Make Money in Commodities” that  Keltner called it the ten-day moving average trading rule. Originally Keltner Channels uses for Central Line a 10-bars SMA of Typical Price and  the 10-bars Average Range (High - Low) with a multiplication factor of 1 for constructing the Boundary Bands. Later several known traders and authors have published modif
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      BeST_RMO Indicator Strategies is an MT4 Indicator that is based on the corresponding famous Oscillator created by Rahul Mohindar that detects trends in all markets and it can produce Buy and Sell Signals of high winning probability forming a complete and standalone trading system of impressive results. The indicator uses 2 strategies as a selection: i) Classic : produces Reversed Entry Signals by the crossings of zero (0) line  and ii) MAsSignals : produces Reversed Entry Signals using MAs of RM
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