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Wolfe Waves - Get in the Zone

  • #521
  • Mar 22, 2017 9:41pm Mar 22, 2017 9:41pm
EA quick Guide:
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in this case we sell EU on H4 TF, with 2 entry lvls, 127 and 261.8.

SL is At lv2 (261.8)

TP is Fibo Daily 61.8 and 127
No one wants to be defeated~
  • #522
  • Mar 22, 2017 9:51pm Mar 22, 2017 9:51pm
Quoting parviz1953
{quote} This is the new version, it detect WW when the following conditions are true : if( Low[Wolf[1]]<High[Wolf[2]] && Low[Wolf[3]]<Low[Wolf[1]] && Low[Wolf[3]]<High[Wolf[4]] && High[Wolf[4]]>Low[Wolf[1]] && Low[Wolf[5]]<=Low[Wolf[3]] ) { WolfWave="Buy"; } //--------------------- if ( High[Wolf[1]]>Low[Wolf[2]] && High[Wolf[3]]>High[Wolf[1]] && High[Wolf[3]]>Low[Wolf[4]] && Low[Wolf[4]]<High[Wolf[1]] && High[Wolf[5]]>=High[Wolf[3]] ) { WolfWave="Sell"; } And it also print all five standard fibo relations of harmonic patterns and now the position...
looks better my friend, thanks!

question, do u think this is a valid pattern if C>X>A?
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No one wants to be defeated~
  • #523
  • Mar 22, 2017 10:30pm Mar 22, 2017 10:30pm
And this one, B-C is too short, still count as signal?
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No one wants to be defeated~
  • #524
  • Mar 22, 2017 10:35pm Mar 22, 2017 10:35pm
Quoting jonirrenicus
{quote} looks better my friend, thanks! question, do u think this is a valid pattern if C>X>A? {image}
Thanks :
I am not expert in this field , i am just learning , it is about a week since i learned about what is called WW, i did Know Elliot's waves and channel trading ,but not this one, happened that i got an indicator , and changed it to may favor , and then decided to share it with other people here ,thought it may be helpful to others too, i am a real novices, not a good trader ,not a real programer.
thanks again to all the people who appreciated the work
  • #525
  • Mar 22, 2017 10:52pm Mar 22, 2017 10:52pm
looks like a CWW, go!
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No one wants to be defeated~
  • #526
  • Mar 22, 2017 10:56pm Mar 22, 2017 10:56pm
Quoting parviz1953
{quote} Thanks : I am not expert in this field , i am just learning , it is about a week since i learned about what is called WW, i did Know Elliot's waves and channel trading ,but not this one, happened that i got an indicator , and changed it to may favor , and then decided to share it with other people here ,thought it may be helpful to others too, i am a real novices, not a good trader ,not a real programer. thanks again to all the people who appreciated the work
Me too...new stuff to me.

find people's SL and trade against them...that's what i learned from WW.
No one wants to be defeated~
  • #527
  • Edited Mar 23, 2017 2:19am Mar 22, 2017 11:25pm | Edited Mar 23, 2017 2:19am
Lets see if this plays out on Gold 5 minute ...makes sense to me. bigger and smaller
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  • #528
  • Edited 3:16am Mar 23, 2017 2:48am | Edited 3:16am
Hey everyone I will be travelling for the next 10 days, 5 of which will be on a cruise ship to Mexico so I will be offline for the most part.

I see in the last couple of days this thread has somehow morphed into harmonic patterns that aren't Wolfe waves. With all due respect can we please stick to Wolfe waves. That was the whole point of the thread; to keep it simple. Anyone new to the thread will be completely confused if they read the first post then see patterns that aren't remotely Wolfe waves.

There are plenty of excellent threads that focus on the many harmonic patterns. Can we please keep this one solely for Wolfe waves.

Thanks and good trading!
Pride always comes before destruction.... -Proverbs 16:18
  • #529
  • Mar 23, 2017 2:53am Mar 23, 2017 2:53am
Quoting rythmrig
{quote} Hey Bud From what i understand there are many forms of Wolfe Waves. All im looking for is 3 waves up or down a extended break a potential pull back into the channel from some type of harmonic. As you can see i have drawn the first pattern then a second potential pattern. inside the second pattern there was a W formed at ac now i have drawn a line from the first pattern W at B or 1 and extended it across as a tl to form a support I lined it from 1 to 4 and 4 being X of the second harmonic . So should get a W to a M {image}
Maybe you could provide some type of online reference that shows Wolfe waves of this type as you say because to my knowledge these aren't Wolfe waves at all, but rather part of the larger branch of harmonic structures: gartleys, bats, butterflies, etc.

With all due respect, this thread is solely for Wolfe waves. New traders trying to learn the simple WW structure will be confused.
Pride always comes before destruction.... -Proverbs 16:18
  • #530
  • Edited 3:08am Mar 23, 2017 2:55am | Edited 3:08am
Quoting jgadefelth
Expo33 why is the demoaccount show many losing trades and a negative result for now ? Best regards
Losing trades are part of trading. There were actually only 2 losing trades, just many scaled in positions. I am testing out some new scale in strategies. This is what demo's are used for; testing new ways of trading
Pride always comes before destruction.... -Proverbs 16:18
  • #531
  • Mar 23, 2017 2:57am Mar 23, 2017 2:57am
Expo33 said exactly what I was thinking. Just started trying to get to grips with Wolfe Waves and finding some of the posts very confusing as they don't seem to stick to the rules of the WW from page 1. I would like to get back to basics and would love someone to explain how to use the TDI indicator Clock as I haven't found any info on that yet.
Many thanks in advance.
  • #532
  • Mar 23, 2017 2:58am Mar 23, 2017 2:58am
Tracked this one for over a week. Sadly only one of 10 positions was triggered. Immediate 70 pip bounce too

CAD/JPY DAILY CWW
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Pride always comes before destruction.... -Proverbs 16:18
  • #533
  • Mar 23, 2017 3:11am Mar 23, 2017 3:11am
Quoting caledonia
Expo33 said exactly what I was thinking. Just started trying to get to grips with Wolfe Waves and finding some of the posts very confusing as they don't seem to stick to the rules of the WW from page 1. I would like to get back to basics and would love someone to explain how to use the TDI indicator Clock as I haven't found any info on that yet. Many thanks in advance.
Hi Caledonia, I can't help you with the TDI clock because I don't use it. What I can tell you is that it's not necessary and it's the least important part of the system. You can scale in the trades like Expo does or use the PA to decide when to enter the trades.
  • #534
  • Mar 23, 2017 3:14am Mar 23, 2017 3:14am
Quoting caledonia
Expo33 said exactly what I was thinking. Just started trying to get to grips with Wolfe Waves and finding some of the posts very confusing as they don't seem to stick to the rules of the WW from page 1. I would like to get back to basics and would love someone to explain how to use the TDI indicator Clock as I haven't found any info on that yet. Many thanks in advance.
Hi Caledonia.

Post #245 talks a little about the angleator and the TDI clock. I just use it as a quick visual reference for multi time frame trends, overbought/sold conditions. When I get back from vacation April 3rd I will try to update post #1 with any helpful info on this indicator. Scrolling through the inputs and then trying to decipher what's actually being presented may be of some help.
Pride always comes before destruction.... -Proverbs 16:18
  • #535
  • Mar 23, 2017 3:19am Mar 23, 2017 3:19am
Quoting Expo33
{quote} Maybe you could provide some type of online reference that shows Wolfe waves of this type as you say because to my knowledge these aren't Wolfe waves at all, but rather part of the larger branch of harmonic structures: gartleys, bats, butterflies, etc. With all due respect, this thread is solely for Wolfe waves. New traders trying to learn the simple WW structure will be confused.

Not here to dispute or confuse , Im here to share ...As attached a Wolfe wave and a chart and mine. the rule is to allow price to enter back into the 1 to 3 Tl then trade it back to the the 1 to 4. Yes this is a ww thread but i when everyone is possibly trying to find on the opposing side you can plot it like i did. use 2 to 3 length and extend it up from the low at 5 . that will give you xa= cd
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  • #536
  • Mar 23, 2017 3:26am Mar 23, 2017 3:26am
Quoting rythmrig
{quote} Not here to dispute or confuse , Im here to share ...As attached a Wolfe wave and a chart and mine. the rule is to allow price to enter back into the 1 to 3 Tl then trade it back to the the 1 to 4. Yes this is a ww thread but i when everyone is possibly trying to find on the opposing side you can plot it like i did. use 2 to 3 length and extend it up from the low at 5 . that will give you xa= cd {image} {image}
I wasn't implying that you were here to dispute, just saying that the chart you posted wasn't a Wolfe wave and that it would likely be confusing to anyone new to the WW structure.

The diagram you posted below is exactly as the one on post #1, perfect, as this is what this thread is all about. If experienced traders here are using other structures to confirm trades, that's great, just don't wan't any new traders that are struggling to get confused.

Best trading to you and thanks for the response
Pride always comes before destruction.... -Proverbs 16:18
  • #537
  • Mar 23, 2017 3:31am Mar 23, 2017 3:31am
Quoting Expo33
{quote} I wasn't implying that you were here to dispute, just saying that the chart you posted wasn't a Wolfe wave and that it would likely be confusing to anyone new to the WW structure. The diagram you posted below is exactly as the one on post #1, perfect, as this is what this thread is all about. If experienced traders here are using other structures to confirm trades, that's great, just don't wan't any new traders that are struggling to get confused. Best trading to you and thanks for the response
All good mate the first charts i should of plotted what i just done in the last chart. i Was aware of the left hand side structure 135 and my own method of measuring 2 to 3 and extending up from the false tl breakout 5 or C to give ab= cd inverted or xa =cd on completion.
  • #538
  • Mar 23, 2017 3:33am Mar 23, 2017 3:33am
Quoting rythmrig
{quote} Not here to dispute or confuse , Im here to share ...As attached a Wolfe wave and a chart and mine. the rule is to allow price to enter back into the 1 to 3 Tl then trade it back to the the 1 to 4. Yes this is a ww thread but i when everyone is possibly trying to find on the opposing side you can plot it like i did. use 2 to 3 length and extend it up from the low at 5 . that will give you xa= cd {image} {image}
Actually your 1 is supposed to be lower than 4. 1 is supposed to be in the middle of 3 and 4. That is not a wolfe wave.
  • #539
  • Mar 23, 2017 3:39am Mar 23, 2017 3:39am
Quoting CrocodileRex
{quote} Actually your 1 is supposed to be lower than 4. 1 is supposed to be in the middle of 3 and 4. That is not a wolfe wave.

Yes in a perfect world and in that explanation it would be an ab =cd being 2 to 3 and 4 to 5 but in saying that the rule is there. any bullsi sign back above the 1 t 3 tl trade it back to 1 to 4. Some form of structure must be there .
  • #540
  • Mar 23, 2017 3:57am Mar 23, 2017 3:57am
Thanks everyone who posted a reply. If there is stuff on my chart I like to know what its all about otherwise whats the point of it being there. I am by far no expert in Forex trading hence my thirst for learning how to gauge where the market is going. I think keeping it simple using support and resistance is key to not getting on the wrong side of the market, as I have done time and time again. Slowly but surely I do less of that thanks to all the great work of traders who take some time out of their day to help guide and support. Really appreciate that.
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