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Wolfe Waves - Get in the Zone

  • #941
  • Edited 8:07am Apr 26, 2017 7:45am | Edited 8:07am
Quoting poruchik
EUR D1 {image}
I was also tracking this but never entered. Similar set up on EUR/CAD DAILY. That's the one I took.

Good luck, nice start so far
Pride always comes before destruction.... -Proverbs 16:18
  • #942
  • Edited 8:06am Apr 26, 2017 7:50am | Edited 8:06am
Quoting fantom
usdcadh1 seems failed. {image}
I'm not sure what you mean "failed".

Depends on your entry and your risk/reward profile.

AB=CD completion level is at 1.3602 and price only went as high as 1.3625. Target line is conservatively at least 100 pips so a 30 pip stop loss from AB=CD keeps this trade alive with a RR a bit more than 3:1
Pride always comes before destruction.... -Proverbs 16:18
  • #943
  • Apr 26, 2017 8:03am Apr 26, 2017 8:03am
Quoting CrocodileRex
Took this failed nzd/cad setup earlier. Symmetry was not nice. Need to be extra picky next time when choosing wolfe waves. {image}
Sometimes no matter what we do, the trade fails and we just have to accept it and look for the next opportunity. Imo, the symmetry for the ABCD wasn't too bad. It's all about the filters.

I put a Gann fan on the hourly chart (there was a bigger wave in play here, same AB=CD level as the 30 minute though). It shows the completion level being in no mans land. Once a Gann line is broken, there seems to be a good chance it will make it to the next line, which in this case, it did.

Attached Image (click to enlarge)
Click to Enlarge Name: ncad.png Size: 102 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #944
  • Apr 26, 2017 9:14am Apr 26, 2017 9:14am
Hi all :
Finally, a new window computer, and revival of lost files, back to work again :
new version does not have 120% fibo and and a shorter interactive panel
to fit better in the chart.
Attached File(s)
File Type: mq4 parvizCWW v8.3.mq4   84 KB | 473 downloads
  • #945
  • Apr 26, 2017 9:38am Apr 26, 2017 9:38am
Quoting parviz1953
Hi all : Finally, a new window computer, and revival of lost files, back to work again : new version does not have 120% fibo and and a shorter interactive panel to fit better in the chart. {file}
Thanks Parviz.

Glad you are back in business. The 120 FIB got a life time sentence without the possibility of parole!
Pride always comes before destruction.... -Proverbs 16:18
  • #946
  • Apr 26, 2017 12:07pm Apr 26, 2017 12:07pm
Quoting Expo33
{quote} Thanks Parviz. Glad you are back in business. The 120 FIB got a life time sentence without the possibility of parole!

Please update the 1st post
  • #947
  • Apr 26, 2017 3:12pm Apr 26, 2017 3:12pm
Quoting parviz1953
{quote} Please update the 1st post
For some reason it won't download for me.

EDIT: Nevermid It downloaded, just didn't see it right away
Pride always comes before destruction.... -Proverbs 16:18
  • #948
  • Apr 26, 2017 3:44pm Apr 26, 2017 3:44pm
Scaling in a little early from .7420 down to .739

AUD/CHF 4H CWW
Attached Image (click to enlarge)
Click to Enlarge Name: ACHF.png Size: 84 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #949
  • Apr 26, 2017 4:14pm Apr 26, 2017 4:14pm
Quoting Expo33
{quote} All positions have been filled. GBP data has been very good lately but geopolitical tensions have pushed GJ down. Imho, very good risk reward at the current price level. Any type of positive communication involving N. Korea, US, China, or Russia could send GJ back north. In the meantime, will rely on the CWW structure and let the trade run over the weekend. Right now, GJ hovering right at the AB=CD completion level 136.13 Not Wolfe wave related but EUR/JPY and GBP/JPY share a strong positive correlation. At the moment, EUR/JPY price is coming...
Update: Not related to WWs but a 700 pip move after hitting an area of major confluence

Gann fan level reached, trend line test, broken trend line retest, two FIB levels. Best trade of the year for me, thought I'd share it here
Attached Image (click to enlarge)
Click to Enlarge Name: ej.png Size: 89 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #950
  • Apr 26, 2017 9:26pm Apr 26, 2017 9:26pm
Quoting CrocodileRex
Took this failed nzd/cad setup earlier. Symmetry was not nice. Need to be extra picky next time when choosing wolfe waves. {image}
sometimes WW will fail you at first lvl, but you have to try again on next lvl to recover your loss.

NZD/CAD

You see WS and 261.8? that's the second entry. or you may just skip this trade cause it's not near SR lvl.


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 59 KB


Same EXP. on E/U
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 112 KB
No one wants to be defeated~
  • #951
  • Apr 26, 2017 11:57pm Apr 26, 2017 11:57pm
Quoting Expo33
Scaling in a little early from .7420 down to .739 AUD/CHF 4H CWW {image}
I am watching this also. But my areas of interest is .7390 to long. Then maybe .7340 for stoploss. What is your stoploss?
  • #952
  • Apr 27, 2017 12:01am Apr 27, 2017 12:01am
Quoting jonirrenicus
{quote} sometimes WW will fail you at first lvl, but you have to try again on next lvl to recover your loss. NZD/CAD You see WS and 261.8? that's the second entry. or you may just skip this trade cause it's not near SR lvl. {image} Same EXP. on E/U {image}
Hmm, i consider it a failed one if it breaks through 2.0. Reentering at 261.8 is well, just another new trade and don't constitute to wolfe waves anymore. You can call that a fibo entry but definitely not a wolfe wave reentry.

Just my 2 cents.
  • #953
  • Edited 2:44am Apr 27, 2017 12:44am | Edited 2:44am
Quoting CrocodileRex
{quote} I am watching this also. But my areas of interest is .7390 to long. Then maybe .7340 for stoploss. What is your stoploss?
The stop loss is on my chart at .7370 however I only got 2 small positions filled and have moved both SLs to BE. If I get stopped out I will reload if price moves back towards 74. For now, just free rolling.

My gut feeling was that price wasn't going to make it to the AB=CD completion level at 7383 so I scaled in earlier than usual.
Pride always comes before destruction.... -Proverbs 16:18
  • #954
  • Apr 27, 2017 1:22am Apr 27, 2017 1:22am
Quoting CrocodileRex
{quote} Hmm, i consider it a failed one if it breaks through 2.0. Reentering at 261.8 is well, just another new trade and don't constitute to wolfe waves anymore. You can call that a fibo entry but definitely not a wolfe wave reentry. Just my 2 cents.
yes you are right~ 2nd entry is not a WW on NZD/CAD, but it is a WW on EUR/USD.

Maybe we can trade with this formula...

1 2nd entry in and turns out a new WW, we trade it as normal. (EU for ex.)

2 2nd entry in and turns out nothing, exit earlier. (N/C for ex.)
No one wants to be defeated~
  • #955
  • Apr 27, 2017 1:22pm Apr 27, 2017 1:22pm
Hi All:
Check this one too
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD D1.PNG Size: 57 KB

Forget to mention you may not find it with your indicator since D5 had still 20 pip of touching the sweet zone, when it reversed
  • #956
  • Edited 5:18pm Apr 27, 2017 4:55pm | Edited 5:18pm
Quoting parviz1953
Hi all : Finally, a new window computer, and revival of lost files, back to work again : new version does not have 120% fibo and and a shorter interactive panel to fit better in the chart. {file}
Dear Expo :
AS you wished, now you may have the zigzag values on the same indicator, just a few point to mention:
1) The color of zigzag values are the same as fibos, you may select that.
2) There is a factor in input that you may select relative position for values, i have preset it to 10 , you may change it till it fits your taste.
3) You may select to show zigzag line and the values in input, if set to false it does not show either .
Attached File(s)
File Type: ex4 parvizCWW v8.4.ex4   74 KB | 367 downloads


PS:By the way i am working on a new version which is going to automate every thing :
1) It look for all 6 Extdepth that you set in the input and draw every thing that can be find and draw them all.
2) for every depth it first look for possible Completed CWW, if can not find any, then it will look for the Potential ones.
3)After it has done that, then you may select which one of the patterns you like to keep and erase the others.
Indeed 70% of the program has been coded already, the reason that i am talking about it now is that, the code is ever growing bigger and bigger and when it is finished it would be really hard to change any part of it. So please everybody interested help me to improve it, with your ideas and suggestions, what may go wrong by doing that, i mean logically or algorithmic wise , and if it would be worth-ed at all
  • #957
  • Edited 6:32pm Apr 27, 2017 6:14pm | Edited 6:32pm
Quoting parviz1953
{quote} Dear Expo : AS you wished, now you may have the zigzag values on the same indicator, just a few point to mention: 1) The color of zigzag values are the same as fibos, you may select that. 2) There is a factor in input that you may select relative position for values, i have preset it to 10 , you may change it till it fits your taste. 3) You may select to show zigzag line and the values in input, if set to false it does not show either . {file} PS:By the way i am working on a new version which is going to automate every thing : 1) It look...
That's really fantastic mate.

I will be away from my computer until tomorrow but I just had a moment to put the new indicator on a chart. Really super job!

Only suggestion I have at the moment is getting rid of the decimal place for the pips as it would make it neater and save some space. For example instead of 64.4(8) just 64(8).

Sorry I'm such a color fanatic. Is there any way to allow for changing the color of the zig zag pips/candles without having to make them an input option. I'm assuming its coded to be the same as the fibo input option. If not, no problem. I don't want to add extra work for something so trivial.

I am excited to check out how the extdepth function works but won't have anytime until tomorrow in the morning. I'm hosting a toddler sleepover at my house. Seven kids between 5 and 6 years old!! Then off to a school field trip with them at 9am. Maybe I can sneak a peek at some charts before they wake up. If I don't start making grilled cheese sandwiches right now I am going to have an angry mob of kindergarten kids!

Cheers!

AUD/JPY 1H CWW TESTING NEW INDICATOR
Attached Image (click to enlarge)
Click to Enlarge Name: aj.png Size: 99 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #958
  • Apr 28, 2017 3:43am Apr 28, 2017 3:43am
Quoting Expo33
{quote} That's really fantastic mate. I will be away from my computer until tomorrow but I just had a moment to put the new indicator on a chart. Really super job! Only suggestion I have at the moment is getting rid of the decimal place for the pips as it would make it neater and save some space. For example instead of 64.4(8) just 64(8). Sorry I'm such a color fanatic. Is there any way to allow for changing the color of the zig zag pips/candles without having to make them an input option. I'm assuming its coded to be the same as the fibo input...
I'm still using v743, looks very clean..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 111 KB
No one wants to be defeated~
  • #959
  • Apr 28, 2017 3:54am Apr 28, 2017 3:54am
Quoting parviz1953
{quote} Dear Expo : AS you wished, now you may have the zigzag values on the same indicator, just a few point to mention: 1) The color of zigzag values are the same as fibos, you may select that. 2) There is a factor in input that you may select relative position for values, i have preset it to 10 , you may change it till it fits your taste. 3) You may select to show zigzag line and the values in input, if set to false it does not show either . {file} PS:By the way i am working on a new version which is going to automate every thing : 1) It look...
Hello my friend,

I thinks there is only one thing need to be changed...

X must touch C, dont u think this rule is too strict?

Sometimes X just a few pips away from C, and that makes the signal invalid...

could u pls. add a range function for X and C based on ADR distance and TF.

EX.

mathabs(X-C)<35% ADR XC touched = true; (for Period()=D1) if ADR is 100pips, X-C<35pips = singal valid

mathabs(X-C)<20% ADR XC touched = true; (for Period()=H4)

mathabs(X-C)<10% ADR XC touched = true; (for Period()=H1)

mathabs(X-C)<5% ADR XC touched = true; (for Period()=M15)
No one wants to be defeated~
  • #960
  • Edited 4:16am Apr 28, 2017 4:01am | Edited 4:16am
Here, code for ADR...

point=Point;
if( Digits==3 || Digits==5 ) point=point*10;

int n=1;
static int adr1,adr5,adr10,adr;
double s=0.0;
for(int i=1;i<=20;i++)
{
while(TimeDayOfWeek(iTime(NULL,PERIOD_D1,n))==0) n++;
s=s + ( iHigh(NULL,PERIOD_D1,n) - iLow(NULL,PERIOD_D1,n) )/point;
if(i==1) adr1=MathRound(s);
if(i==5) adr5=MathRound(s/5);
if(i==10) adr10=MathRound(s/10);
n++;
}
adr = MathRound((adr1+adr5+adr10)/3.0);


pls. also add a function to turn on/off for stuffs in yellow box...thanks!
Attached Image
No one wants to be defeated~
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