Download Wolfe Wave indicator

Discussion in 'Indicators' started by velikivg, 16 October 2019.

  1. velikivg

    velikivg Member

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    #1 velikivg, 16 October 2019
    Last edited by a moderator: 20 February 2022
    Wolfe Wave indicator

    What if you could predict the future? This zero-lag indicator relies on price action alone. ThinkorSwim version of Wolfe Wave available here exclusively.

    ww1.gif

    This is a zero-lag indicator that relies on price-action alone. It automatically identifies and draws the Wolfe Wave pattern in real time.
    The Wolfe Wave is a price pattern that was first identified by Bill Wolfe and later popularized by market wizard Linda Raschke.
    Linda briefly describes the pattern in an interview she did for Opening Bell Monthly. After reading her interview, I recommend reading the free ebook, "Seeing the Future", that was put out by the originator himself.
    This indicator will work on any chart time frame and with any instrument (stocks, futures, currency pairs, etc.)
    All five patterns (4 harmonics and 1 Wolfe) are reversal patterns that try to identify potential reversals. However, the criteria for each is different. True, they are all composed of 5 distinct legs, but, again, the setups are different.
    The numbering is really irrelevant. One chose to label the points with numerals while the others use letters. No matter, they all have to start somewhere. The harmonics start with X and the Wolfe starts at 1.
    For a bullish reversal, all the patterns start with an upward move followed by a pull-back (decline). It is from this point that the patterns differ.
    The bullish Gartley, for instance, begins at point X, then rises to point A, then declines to point B. The rules for the Gartley specify that point B must be a 61.8% reversal.
    The bullish Wolfe wave, on the other hand, begins at point 1, then rises to point 2, then declines to point 3. The rules for the Wolfe wave specify that point 3 must be lower than point 1 was. So, the Wolfe wave, initially, begins with a >100% reversal.
    The remaining points of each pattern have specific criteria that must be met as well. The bottom line is that while all five patterns contain 5 legs, they each have different rules governing their formation.

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  2. Admin

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  3. Daniel Bot

    Daniel Bot Member

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    Is this for MT4?
     
  4. Admin

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    MT4
     
  5. ducktale99

    ducktale99 Member

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    The reseller link.not working
     
  6. Pius Omenda

    Pius Omenda Member

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    Send link to pay
     
  7. GOODMEN

    GOODMEN Administrator
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    the seller took down this ad. We'll look for another seller
     
  8. Godfrey

    Godfrey New Member

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    This is the best you can get. Don't pay for it. Download it here
     

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  9. RicRams

    RicRams New Member

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    Hi, is this for Thinkorswim?
     
  10. Farooq

    Farooq New Member

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    Mt4 probably
     
  11. Razial

    Razial Active Member

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    Thank You.
     
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