MT5-BeST Elliot Wave Oscillator Strategies MT5

BeST_ Elliot Wave Oscillator Strategies is an MT5 indicator which by default is the difference of two SMAs displayed as a histogram fluctuating around zero while a Signal Line generates Entry Signals either in a Reverse or in a Normal Mode and it is a very powerful tool that very often exploits huge market movements.

Signal Line comes in 2 types:

• Advanced Get Type – like the corresponding one used in the homonym analysis package
• Mov. Average Type – as a Moving Average of the Elliot Oscillator

Indicator’s features

• Easy to trade producing clear Entry signals displayed as Arrows at the EWO and its Signal Line crossing points
• Not repainting or backpainting Signals
• Uses 4 selectable and fully configurable Entry Filters of common use (only for Reverse Entries Mode)
• Customizable colors and sizes
• It implements performance statistics (mainly for the Reversed Entries Mode)
• It implements all MT5 Alerts (sound/message,email,push notification)

You can Maximize the product's potentialitty by using our offer for every customer who has already purchased the indicator which is a very useful  Multi-Scanner Indicator displaying % Success Ratio and Profit Factor (P/L) in order to find the most promising trading setups (Symbols and Timeframes).

Input Parameters

=== Basic Settings

• Elliot Oscillator's Signal Type – select Signal’s type
• Reverse_Entries Mode – select Entries Mode (Reverse or Normal)
• Oscillator’s parameters – select MAs forming EWO parameters
• MA Signal’s parameters – select MA Signal Line parameters

=== Entry Filters Settings

• Entry_Filter – select  Filter Type (Inactive by default)
  
  
  1. Single MA_Filtering Method Settings
  2. Two MAs_Filtering Method Settings
  3. MinCrossingPercentage_Filtering Method Settings
  4. ADXPMDI_Filtering Method Settings

=== Level Settings

• Level Value – select Oscillator’s Level value (by default is the Zero-Line)

=== Displaying Settings - select which chart objects and features to show/activate and select the color, size and distances of drawn objects

=== Arrows Settings - select Entry arrows / signals features

=== Alert Settings - for controlling the use of all MT5 alerts

For EA Developers

• Buy Arrows:    Buffer = 2
• Sell Arrows:    Buffer = 3

更多...