WolfWavesFind indicator: the best Wolf wave indicator
WolfWavesFind indicator is designed to search for Wolf waves and display them in the current window of the trading terminal.
Unlike other Wolf Wave indicators, the WolfWavesFind indicator has a number of features that greatly enhance its effectiveness:
- The first is the Open Windows 5Point parameter (value true) provides information support, i.e. expands the window of the chart on which the Wolfe wave appeared. For example, if EURUSD, AUDUSD and GBPUSD charts are open, and the WolfeWavesFind indicator is installed on each of them, then if a pattern is detected on the euro, the corresponding chart will be automatically displayed in the foreground over the others, which becomes very convenient when trading a large number of instruments. DLL import must be enabled for this module to work correctly.
- The second feature is built-in analysis divergences on MACD, the parameters of which the user can select himself (default settings (12,26,9)). By the way, the values of the usual oscillator are not displayed on the working window and are reflected only in the color of the price marker when forming the point (5), in particular, if the color of the marker is blue - there is no divergence, if the color is red, the Expert Advisor has found divergence, i.e. the quality of the signal is much higher than average.
Using WolfWavesFind indicator in trading
The WolfWavesFind indicator displays the implied Wolf pattern by the 4 formed points and the area of the 5th point formation (the so-called sweet zone, which is shown in yellow).
In case the price enters or touches the sweet zone, the indicator, depending on the settings: gives only a sound signal (Alert_5Point = False) or displays a message (Alert_5Point = True) and displays a price marker on the top of the candle. The color of the marker depends on whether there is a divergence between the 5th and 3rd point.
The price marker appears only in the zone of the 5th point formation (sweet-zone), and an audible signal or message is emitted (depending on the settings). Appearance of the price marker on the chart is a signal to enter a position.
According to the experts at fortrader.org, WolfWavesFind indicator - is the best indicator for traders who use Wolf Waves in trading. Its use in trading strategies will significantly increase their efficiency and profitability.
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