Wolfe Waves - Get in the Zone

Quoting Expo33

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{quote} Hi Golden. There is no "correct" extdepth setting. The latest versions of the indicator (9.6 and 9.6.1) both automatically search all time frames and all extdepth settings. When it's done with the search, it will show clickable "buttons" that reveal the waves it has found. You can then click on the button to see the wave it has detected. The older version 8.5 does not automatically search for Wolfe waves. The user has to select the time frame and the extdepth setting manually. Many waves that have extremely choppy price action can not be...

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Quoting GoldenEmpire

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{quote} Wow thank you so much for the detailed explination i started using ww and took a break from trading for about a month and i am just starting to research it again! This is probably the "holy grail" i have been looking for. It seems to be a simple system to understand and use when used properly. I have downloaded the pdf and will be following up of the forum! Thank you! Many wishes of green pips for all -Lucas

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Quoting GoldenEmpire

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Is anyone using parviz Indicator? how do I know what the correct depth setting I should be using is?

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Quoting Expo33

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You're image isn't clickable Please let us know what pair and what time frame so we can analyze and comment

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Quoting jonirrenicus

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{quote} There is one secret setting which do not need modification at 90% of time, check my posts...

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Quoting GoldenEmpire

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{quote} It seems you have tons of posts! Lol may you help me with a page or general range to look through of pages. If not I can look through them

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Quoting GoldenEmpire

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{quote} NZD USD 1hr for invalid EURJPY 1hr for Valid

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Quoting Expo33

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{quote} The NZD/USD was a valid WW. The question is how big of a stop loss is one willing to risk given the position size, The bigger question is why one would be inclined to trade this wave in the first place. In hindsight, everything is easy. For this wave, what we can say before it reached point"D" was that the price action between A,B and C was a mess. Very choppy, with a couple of big wicks. Not good symmetry. Ideally we are looking for nice clean legs to our wave. Very distinct and
uniform.

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Quoting Expo33

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{quote} If you check his posts you will more than likely be very confused as half of the waves posted aren't Wolfe waves. In addition, most posts do not clearly show any of the points XABCD. I've stopped looking at them as I expect posters to at least make an effort to clearly define the wave they are suggesting.

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Quoting jonirrenicus

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{quote} Actually, the real difference between us is the way of entry. You: put limited orders on support area. Me: find 2 possible entries with fibo extension.

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Quoting Expo33

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{quote} If you actually took the time to read my posts you'd see that I ALWAYS use FIB extensions as an entry tool AND as a gauge of where to put my stop losses. Gann fans, previous S/R, larger move FIB retracements, and other tools are used to confirm the trade thru confluence.

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Quoting siawling

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USDCAD H4 possible Wolfe Waves ? {image}

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