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Indicators:
Wolfe wave trading
TREND INDICATORS
Advance Decline Line (ADL)
Average Directional Index (ADX)
Average Directional Movement Index Rating
(ADXR)
Bulls and Besrs Power

Commodity Selection Index (CSI)

Double Exponential Moving Average (DEMA)
Heiken-ashi candlesticks
Heiken-ashi ZoneTrade
MACD
Moving Averages (EMA, SMA, WMA)
Parabolic SAR
Percentage Price Oscillator (PPO)
Triple Exponential Moving Average (TEMA)
Triple Exponential Moving Average (TRIX)

MOMENTUM INDICATORS
Accumulative Swing Index (ASI)

Advance Decline Ratio (ADR) Wolfe wave MT4 indicators

Aroon
Aroon Oscillator WolfeWave_1.ex4
Commodity Channel Index (CCI)
WolfeWave_2.ex4
Relative Strength Index (RSI)
Stochastic WolfeWave_3.mq4
Stochastic RSI
0_WolfeWave_04m.ex4
VOLATILITY INDICATORS
Average True Range (ATR)
As practice shows, all these Wolfe wave indicators aren't perfect, but can certainly be of some
help, while manual trading remains the best option still.
Bollinger Bands
Chandelier Exit
Wolfe waves: quick introduction
VOLUME INDICATORS
Acceleration Bands
Chaikin Money Flow (CMF) Wolf waves belong to swing trading methods. It was developed by Bill Wolfe, who has made living
Volume
trading S&P.
The general idea is based around finding channeling markets that are showing an imbalance and
CYCLE INDICATORS
by counting waves and drawing trend lines spot perfect entries and project accurate profit targets.
Detrended Price Oscillator (DPO)
Elliott Waves
Wolf wave pattern consists of 5 waves, which form a channel or an ascending/descending wedge
in advancing/declining markets.
Schaff Trend Cycle
Wolfe waves
Wolf wave bearish and bullish patterns
BILL WILLIAMS' INDICATORS
Alligator Indicator
Awesome Oscillator
Fractals
Gator Oscillator
Market Facilitation Index (MFI)
ZoneTrade (MT4 indicator)

The best of MT4 indicators

Indicators for Account Monitoring
How to count Wolfe waves – bullish setup

Wolfe wave is a reversal pattern, therefore it is important to know exactly how and where to look
for it, otherwise a trader risks being on the wrong side and trading against the trend that isn’t over
yet.

- point 2 is a top.
- point 1 is the bottom prior to point 2.
- point 3 is the bottom after point 2, point 3 must be lower than point 1.
- point 4 is the top of the rally after point 3. Point 4 must be higher than point 1.
- at this stage a trend line is drawn connecting point 1 and 3. An extension of this trend line will
project the reversal which will come at point 5.
- Point 5 will most likely exceed the trend line drawn from 1 to 3. Point 5 is the entry point with a
target at EPA (Estimated Price at Arrival) line.
- EPA line (the green line on the illustration) drawn from point 1 to 4 and is extended into the future.

Wolfe wave trading examples

Below are the 1H USDJPY chart with 2 Wolfe wave setups:

A clear simplified chart with already identified waves and lines.

A chart with Wolfe wave count as well as entry & profit targets.
Stops with Wolfe waves

The Stop is placed behind point 5.

If to draw a line from point 2 to point 4, then once price reaches that line, we can move the stop
loss to break even level.

Wolfe wave trading requires training your eyes to spot setups. It may take awhile, but afterward it
becomes easy to stop Wolfe wave patterns across all time frames: from 1 min charts to monthly
charts.
Copyright © Forex-indicators.net

Sakis

that is elliot waves, but wave 4 over lap wave 1

thnks for tip i think it will work fine

Sakis
DK

 
vanandman24-7

Thanks for the indicators,

really appreciate the the work you have put in to this,

vanandman24-7.co.uk

 
riki risnandar

thanks for the explanation. will try that in my forex trading.

regards,
riki risnandar

 
trader

great site!

 
trader

very helpful information

 
trader

Very excellent very interesting

 
trader

I don't fully follow the Stop loss calculation. If you set it behind point 5, then what's the significance of
drawing a line from point 2 to point 4?

 
FxIndicators
 Yes, stops behind point 5.
while the line that connects point 1 and 4 project the profit target - the moment price reaches this line is
the point where traders should consider taking profits and protecting the remaining profitable positions.

 
trader

dude can u explain Elite wave ?

 
trader

good

 
palanivelu

very nice by palanivelu..india.

 
trader

Thanks. Your Great!!!

But i have some problem...

I try this indicator, all them (1-4).but its likely only can use in daily trading(the green line is just like your
example picture) but when in H1 trade the green line still in the same position or its dont redraw for H1.
please explain how to make it work in H1 TF. Or I must insert new wolf wave indicator for H1? So for
different 2 TF i must have 2 wolfe wave. Thanks

 
FxIndicators

Yes, try to work with new indicator in each new window/time frame.

 
trader

thank u so much

 
trader

how do you copyright material that is already copyrighted???????

 
FxIndicators

Please be sure to clarify that.

Everything we write on the site is our content and our property, therefore is always copyrighted.

 
trader

Great, thanks. Do you have candlesticks pattern indicator and also for harmonic pattern

 
trader

This site is really deserved all appreciation. Thanks a lot for the sharing and wishing the continuation.

 
trader

at last something very simple with positive results,use it with the factals if your new.yes its easier than
elliot wave .well done cheers.

 
Napoleon

Thanks for the indicators,

very helpful information.....
-Napoleon

 
trader

Hello again, I found a wolve wave finder indicator on fxstreet.com/platforms and would like to share the
fact with you and your readers (since I think yours is one of the most unassuming and helpful fx sites on
the web). The thing with this particular wolfe wave indicator (its free to download) is that it simply marks
for the user the entry point so that one is not dependent on his/her personal skills to determine entry level
(and it also indicates stop loss level). It does not however indicate take profit - but I use (and I am sure
others can use) TD projection calculation procedures. My request is that you evaluate this indicator
 simply named Wolfs.mq4 and see if it offers any advantages over what you have here or if it merits
inclusion here. Also fellow users of this site interested in wolfe waves may want to check it out. Thanks

Wolfs.mq4

 
trader

sorry wrong information.

 
trader

Trader could you explain how to use the generated numbers of your indicator?Sorry a little new at this
your help would be greatly appreciated.

 
trader

i love wolfe wave trading

wow...

 
trader

Wolfe waves are not Elliott waves guys, 2 totally different things...

 
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