Elliott Waves Indicator – indicator MetaTrader 4

Elliott Waves Indicator - indicator for MetaTrader 4
Author: Vladimir Hlystov The indicator doesn’t draw the Elliott waves, but it helps you to define them. Lets consider how does it works: 1. The WAVE. The first, you should draw any trend line using Fractals and define its name it in the following form : “1<space>*****”, for exampe: “1 wave“. After the first tick, … Read more

Analysis of the waves – indicator MetaTrader 4

Analysis of the waves - indicator for MetaTrader 4
The trend determination is based on ZigZag indicator. An each trend is marked with rectangle with different colors. The information about trend (h-size, v-average volume, s-speed in pips/hour) is displayed in the upper/lower corners. The current trend is considered from the beginning of the last rectangle. Image: The Advices: It’s possible to use this indicator … Read more

Weis Waves – indicator MetaTrader 5

Weis Volume Waves
This is a very simple but effective Volume Waves indicator for MT5. “Anyone who has watched intraday price movement knows it unfolds in a series of buying and selling waves…” Anyone who wants to experiment this kinf of analysis I suggest to search for Richard D. Wyckoff’s works. Hope this indicator helps the community! Live … Read more

NELODI Trend Waves for MT5 – library MetaTrader 5

NELODI Trend Waves for MT5 - library for MetaTrader 5
This is a highly customizable Monster Trend indicator, which calculates standard deviations, moving averages and a number of other potential support and resistance zones. By default, only the most relevant lines will be drawn, but you can customize what you want to see through input parameters. If everything is turned on, the indicator plots 119 … Read more