PZ WolfeWaves Indicator
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It is a naturally occurring trading pattern present in all financial markets. The pattern is composed of five waves showing supply and demand and a fight towards an equilibrium price. These patterns can develop over short- and long-term time frames such as minutes or weeks and are used to predict where a price is heading and when it will get there.
Anatomy of a Wolfe Wave
If identified correctly, Wolfe waves can be used to accurately predict the scope (equilibrium price) of the underlying security and to anticipate price reversals which are likely to cause big price movements.
To identify Wolfe waves, they must have the following characteristics.
- Waves 3-4 must stay within the channel created by 1-2
- Wave 1-2 equals waves 3-4
- Wave 4 is within the channel created by waves 1-2
- There is regular time between all waves
- Wave 5 exceeds trendline created by waves 1 and 3
How to trade using Wolfe Waves
Wolfe Waves are amazingly easy to trade! The trade must be taken when the price closes above the trendline created by waves 1 and 3, and the last point of the wave should be used as a protective stop-loss.
The PZ Wolfe Waves indicator implements a trading filter which delays the signal until a price-based breakout takes place in the direction of the wave, making trades 99% deterministic and increasing the profit factor.
Because the indicator uses tops and bottoms to draw wolfe waves, the last leg of the wave must always repaint. However, the trading signal is based on the breakout of the trendline created by waves 1 and 3 and therefore trading decisions are deterministic and almost never repaint.
BONUS SPECIAL:Binary-Reaper-V3-indicator
By // binaryreaper.com
By Author :
Q: Does Binary Reaper Come With Instruction Manual on How to Use It?
A: Yes It Does, and better still if you encounter any problem setting it up on your computer, We can help you with the teamviewer to help you set it up and get started immediately.
Q: What is the Minimum Required Deposit at your recommended broker
A: $300
Q: Do I Have to Pay Any Other Fee for Future Updates?
A: No, You don’t have to pay anything again, and you will recieve updates as soon as they are released.
Q: What are the Best Currency Pairs It works with and also what is the best trading session?
A: Trade Only 5 Currency pairs which are EURUSD, USDCHF, EURJPY, EURGBP and GBPUSD also US/UK Trading Sessions are Best
Q: Does it work on Mac and Mobile devices?
A: It works on Mac, for mobile devices, you have to set up the mobile alert system to recieve trading signals on your mobile
A: How many signals can i expect in a day and how many can i win
Q: Expect a minimum of 15 Signals in a Day and expect to win at least 13 out of all.
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BONUS Binary-Reaper-V3-indicator
Market Sales Price: $69
Serving Professional Traders Since 2008
Once purchased I will email you the files within 20 minutes and not more than 48 hours to your email, if there a delay, please be patience receiving your files
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