ToWave Indicator Extended

Automated version ToWave indicator.

Adapted for https://www.mql5.com/ru/blogs/post/312396 strategy.

Indicator ToWave builds "waves", and fractals extrema using the configuration of the surrounding of spark HL-levels.

Indicator own building trends for the current period and the period of higher (e.g., current period - M15 during the above - H1) and determines the entry point.

Using the support / resistance lines can filter the entry point.

Can send messages to e-mail during the formation of fractals and points of entry.

An indicator:

• Amplitude for S / R lines - averaging coefficient for forming S / R lines


• Offset for breakthrough - the number of points on which the price has to move to the entry point has been formed


• Remember previous entry - if the option is selected, signals to buy / sell formed depending on what was the previous signal (i.e., a buy signal will be generated only when the previous one was on sale)


• Filter on support / resistance lines - entry point for the purchase will be formed only when it is located above the support line for sale, respectively, on the contrary


• Send mail on low trend fractal - send a message, if generated fractal current period


• Send mail on high trend fractal - send a message if a fractal is formed above period


• Send mail on entry point - to send a message if the generated entry point

Video