Wolfe Waves - Get in the Zone

Quoting jonirrenicus

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here, sharing some exp. from a fund manager... we don't only exit at TP or SL, there is 3rd option. when 2 heads and 2 bottoms appeared, we have to leave... {image}

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Quoting jonirrenicus

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{quote} 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...

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Quoting Tbuild

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Great indicator parviz, My question is how do i get all the settings to appear on left side of screen. Right now they block the candles. thanks {image}

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Quoting parviz1953

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{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...

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Quoting CrocodileRex

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Been having losing streaks lately. Finally a good trade just ended. Anyone take it? {image}

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Quoting parviz1953

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{quote} Thank you very much for your interest and comments, but let me see other users idea about your suggestion before implementing them.At present time i am confining myself to the rules that CWW has and is Expo's rules, who is the founder of this thread .

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Quoting Expo33

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{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...

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Quoting Krossaren96

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EURJPY Long trade, the timeframe is very small, not very big position on this one! Edit: Target hit. Risked 9 pips and gained 17. Nice structural support and 38.2% fib, not a big target as the high of the move is a very strong resistance zone. {image} {image}

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Quoting Expo33

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{quote} Actually, forget what I said about the colors. I think it's fine the way it is. But getting rid of the decimal point on the pips would be nice.

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Quoting CrocodileRex

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{quote} Your wolfe waves are very unclear. It might not be wolfe waves at all. Always look for the ones that are screaming at you. Word of advice. I see that you are doing it on a smaller timeframe which is what i did when i just started. I think it's totally noise on 15min and lower. Try 30 min and above and you can see clearly the waves forming. Yes there will be less signals. I think there might be only 1 signal per day but the accuracy is much higher. here's one i did earlier on the 30 min. Hope it helps. {image}

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Quoting Krossaren96

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{quote} Sorry if that's the case. Is the one attached to this post better? I wanted to show the additional confluence that was present as I find that only the Wolfe Wave isn't enough, confluence is needed. In regards to the low-timeframe tip. I have been researching these since before the start of this thread and I have found that the lower timeframes work (almost) as good as the big ones, if strong confluence is present. Today I've had 4 out of 5 winners, where 4 of my trades were on the 5-15 min timeframe. Sure, the small timeframe ones are not...

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Quoting CrocodileRex

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{quote} ok now that you draw it like this, i can totally see the waves. Here i try to replicate your chart. I don't understand your trendline because it doesn't seem like a normal drawing but hey, if it works for you, why not. I would like to know where is your stoploss and takeprofit initially. How did you enter the trade? Was it based on fib? Candlestick pattern? Would like to learn how you manage to trade that. I am getting boring at higher timeframes as well but i couldnt seem to find peace in smaller timeframes. Also, can you post your charts...

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