fxcodebase-backup
Wave Tool
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=4650
Forum: 17 · Topic 4650 · 14 post(s)
Wave Tool
Apprentice · Wed Jun 08, 2011 5:16 am
Wave extremes are defined by maximum or minimum value for a chart.
This tool supports several options. Wave Type Absolute - range corresponds with the actual proportions of the wave Relative - range is from 1 to -1
Wave Asymmetric Option Every trader knows that the impulse and corrective waves do not have the same duration. Down swing is usually steeper than the upswing. This option allows you to define the correction factor in percentage.
You can add price overlay.
I found small bug. If you plan to use Ovelay, Select it during the first addition of Indicators.
Re: Wave Tool
luigipg · Wed Jun 08, 2011 11:53 am
Hi, would be very interesting to have the big tf of this indicator. Thanks! Luigi!!!
Re: Wave Tool
Blackcat2 · Thu Jun 09, 2011 7:09 pm
Hi apprentice,
Could I please have line style and width option?
Thanks heap BC
Re: Wave Tool
Apprentice · Mon Nov 21, 2011 4:20 am
Bin file recompiled for new version of TS.
Re: Wave Tool
Apprentice · Wed Nov 30, 2011 3:56 am
Bigger time frame version is now unnecessary. It is possible to have this, by changing the time frame of the data source.
Re: Wave Tool
MickJack · Wed Nov 30, 2011 4:57 pm
Hello, please can you give me an explanation for the folder wave Tool.bin, what directory to place, how the associated file, I would like to see the waves of Elliot on my chart but I can not find how. Thanks for your help.
Re: Wave Tool
Apprentice · Thu Dec 01, 2011 9:25 am
I’m not sure whether I understand your question. Bin and Lua, extensions are used in the same way.
Use Import Indicators interface to Load indicator in Marketscope.
Re: Wave Tool
jahan jafari · Tue Jan 07, 2014 2:44 am
Alexander.Gettinger
Hello Alexander could you please convert Wave Tool.bin to mq4. I have to be able use it like stochastic out of chart
wave Type Absolute show overlay yes use Asymmetric yes correction(%) 10.0
Drawing mode Middle-to- Middle show lable No show legend yes show in background no
Best Regards Jahan Jafari
Re: Wave Tool
Apprentice · Wed Jan 08, 2014 5:30 am
Your request is added to the development list.
Re: Wave Tool
tmdabc · Fri Oct 23, 2015 8:22 am
looks perfect，thanks
Re: Wave Tool
Apprentice · Wed Jul 26, 2017 9:43 am
The indicator was revised and updated.
Re: Wave Tool
marcelo2k9 · Thu Sep 04, 2025 11:58 am
Please Sir, can we have the mt5 version of this indicator thank you so much.
Re: Wave Tool
Apprentice · Thu Sep 04, 2025 2:52 pm
We have added your request to the development list. Development reference 569
Re: Wave Tool
Apprentice · Tue Dec 30, 2025 7:28 am
MT5 version https://fxcodebase.com/code/viewtopic.php?f=38&t=76507