Easy Wolfe Wave for TradingView
✔️ Automatic detection for Wolfe Wave patterns.
✔️ Works equally well for BOTH day trading and swing trading.
✔️ Gives you timely alerts immediately when a valid pattern shows up.
Reversal patterns stink.
I mean… Does this sounds familiar?
You identified a reversal pattern. You’ve heard that this is a high-probability pattern. So you placed a trade against the current trend and set your stop loss.
Then, almost as soon as you placed your trade, the market resumed its original trend.
How many times did this happen to you? Honestly I lost count.
Sometimes it feels like the market is playing a joke on me.
That’s why I went on a quest to find reliable reversal patterns out there.
And not only that, I wanted to code an easy-to-use indicator that automatically detects this pattern, so I don’t have to lift a finger.
I’d love to think that I’ve found it.
There’s a natural pattern that occurs in every market and on every time-frame. It’s called Wolfe Wave. And the interesting part about this pattern is that…
The shape of a Wolfe Wave pattern shows a fight for balance, between supply and demand…
And this is particularly important because…
When the pattern is completed, that means the fight for balance has ended. And you’d know which side has won: Supply or Demand, Bulls or Bears.
In other words, you’d immediately know (with high probability) which direction the market is heading.
So you could be sure whether a trend reversal will happen or the original trend will continue.
No more fear. Now you could trade with confidence.
Peace of mind. That’s probably what most traders (me included) are craving.
But enough theory. Let’s take a look at Wolfe Wave patterns in action. Here are 2 Wolve Wave patterns (one bearish and one bullish) that occured on Meta 1-hour timeframe.
Look at this:
As you can see, Wolfe Wave patterns flat-out works. In this example, the bearish Wolfe Wave pattern is followed by a significant market move to the downside, while the bullish Wolfe Wave pattern marks the beginning of a new uptrend, providing plenty of opportunities to lock in good positions.
Now that you’ve see the power of this amazing reversal pattern, we’d like to introduce our…
“Easy Wolfe Wave” indicator that automatically detects every single valid Wolfe Wave pattern on ANY time-frame, ANY market…
The indicator does most of the heavy lifting, so you don’t have to.
Let’s take a look at how the indicator works:
First, the Easy Wolfe Wave indicator automatically identifies any Wolfe Wave pattern for you, as soon as it’s completed. And it works on every time-frame, every currency pair, every financial instrument for that matter.
When a Wolfe Wave pattern has formed, it means that a trend reversal is likely to happen. So we’d wait for a confirmation that the trend has indeed changed.
And when we’ve got that confirmation, the Easy Wolfe Wave will draw an up/down arrow on your chart, telling you there’s a trade opportunity for you to consider. In addition, the indicator also gives you alerts.
And here’s where it gets even better:
As you can see, the Easy Wolfe Wave indicator works extremely well on swing trading (on larger time-frame like 4-hour or daily). And if you asked me, I’d say this is my #1 pattern when it comes to identifying trend reversals on larger time-frames.
Now let’s look at a day trading example on Loonie hourly time-frame
You’ve seen how powerful this indicator is when it comes to day trading. But that’s not all. Let me introduce probably the most useful feature of the Easy Wolfe Wave indicator:
The indicator automatically filters out a lot of false patterns, so you could be sure you only get high-probability trade setups…
Here’s how it accomplishes this amazing feat:
Once a Wolfe Wave pattern has formed, the indicator waits for a breakout in the direction of the Wolfe Wave pattern. When that breakout occurs, the indicator prints an up/down arrow on your chart (and also gives you audio and pop-up alerts), telling you that this Wolfe Wave pattern has been confirmed to be valid.
Otherwise, if that breakout never happens, the pattern is considered invalid.
Let me walk you through a few examples, so you can see how powerful this feature is:
Pretty cool, isn’t it?
By the way, it’s very very easy to trade with Easy Wolfe Wave Indicator for Tradingview because you’ll also get:
The indicator gives you all kinds of alerts: Pop-up, Sound, Email, and Push Notifications as soon as a Wolfe Wave reversal setup appears…
You’ll get all kinds of alerts: Pop-up, Sound, Email, and Push Notifications as soon as a new trade setup appears…
And you can customize these alerts in any way you want.