Advanced Wolfe Wave Indicator for Prorealtime
Advanced Wolfe Wave Indicator for Prorealtime
Trade Smarter with Wolfe Waves
Trading trend reversals can be challenging and requires discipline and precision. The Advanced Wolfe Wave Indicator automates this process: it detects bullish and bearish Wolfe Waves, identifies “Sweet Zones,” calculates precise targets (EPA), and displays stop-loss levels.
✅ Includes a real-time screener to spot reversal opportunities across all assets and timeframes.
Try the indicator for Free
Start a FREE TRIAL with the Advanced Wolfe Wave indicator today. You will access the indicator’s complete functionalities for two weeks.
Install the indicator on Prorealtime
Get instant access to the Advanced Wolf Wave Indicator and its real-time screener on your ProRealTime platform. Acquire your license today and start detecting market cycles with precision.
Key Features
Wolfe Wave Recognition
The indicator automatically identifies and draws Wolfe Waves directly on your ProRealTime charts. Instantly visualize potential reversal zones and price targets.
Bullish Reversal Signals
Spot early buying opportunities with clear bullish reversal signals. Enter the market right at the start of a new uptrend.
Bearish Reversal Signals
Get notified of bearish reversal setups. Take advantage of early short entries when a downtrend begins to form.
Signal Confirmation
Each signal is validated using advanced filters — including trend, divergence, and volume — helping you focus only on high-probability trades.
Risk Management
The indicator automatically displays dynamic targets and stop-loss levels, allowing you to maximize profits while keeping risk under control.
Trading Alerts
Create personalized alerts directly within ProRealTime. Stay informed of every new trading opportunity — even when you’re away from your charts.
Market Screener
Scan all markets in real-time with the included Wolfe Wave Screener. Instantly find assets forming bullish or bearish reversal setups.
Automated Trading
Use the indicator in backtests or automated strategies. Validate your Wolfe Wave system before running your trading bots live.
Full Customization
Adjust parameters, colors, and sensitivity levels to match your personal trading style and strategy perfectly.
Why use the Wolfe Waves?
The Wolfe Waves enable the identification of areas with temporary market imbalances. These excesses offer opportunities for buying or selling. The Wolfe Waves offer several types of signals, including prices in the “Sweet Zone,” breakouts, and retests of upper and lower obliques. Their structures enable the precise definition of the target from the EPA. They usually offer an advantageous Risk/Reward ratio.
- Spot bullish and bearish reversal zones quickly
- Set precise targets and stop-loss levels
- Trade efficiently with a high Risk/Reward ratio
Why use the Wolfe Wave indicator?
The Wolfe Wave Indicator gives you everything you need to trade market reversals with confidence. It automatically detects bullish and bearish Wolfe Waves, highlights entry zones, and calculates precise targets with optimized stop-loss levels. With integrated filters to validate the best setups, you’ll trade smarter and capture high-probability reversals effortlessly.
1. Wolfe Wave Recognition
The indicator automatically recognizes Wolfe Waves on all assets and in all time frames. It displays the waves on the price chart with all the information you need to identify key points in the structure:
You will be able to spot Wolfe Waves at a glance
2. Identification of Imbalance Zones
The indicator identifies areas of imbalance, referred to as the “Sweet Zone” or “Tasty Zone.” It also offers an extended zone option, expanding buying and selling opportunities. It displays these zones on the price chart to help you spot them:
You can easily identify buy and sell zones on your charts
3. Detection of Bullish and Bearish Reversals
The indicator is capable of detecting bullish and bearish reversals. It integrates several types of buy signals, providing you with a range of options.
Bullish Reversal Signals
- Price closes in a buy zone
- Breakout of a buy zone
- Retest of a buy zone
- Bullish breakout of the bottom line
- Retest of the bottom line
- Bullish breakout of the top line
- Retest of the top-line
Bearish Reversal Signals
- Price closes in a sell zone
- Breakout of a sell zone
- Retest of a sell zone
- Bearish breakout of the bottom line
- Retest of the bottom line
- Bearish breakout of the top line
- Retest of the top-line
You will detect many buy and sell signals
4. Signal Confirmation Filters
The indicator incorporates filters that will help you confirm buy and sell signals. You can confirm signals with validation, volume, divergence, and trend:
You will focus on the best trade opportunities
5. Optimized Exit Conditions
The indicator displays exit conditions on your charts. It calculates price targets and safety stops based on the technical configuration.
a) Precise Price Target
The Wolfe Waves allow you to precisely define your price target using the Estimated Price at Arrival (EPA). The indicator displays the oblique formed by points 1 and 4, which allows you to visualize the EPA. The indicator also allows you to set a price target based on the pattern’s construction points.
b) Optimal Risk Management
The indicator calculates the optimal stop-loss position. It sets the stop-loss below the low point of the bullish Wolfe Waves and above the high point of the bearish Wolfe Waves. You will adjust these levels in the indicator settings to match the specific technical configurations.
You will define your targets precisely and control the risk per trade
6. Trading Alerts
The Wolfe Wave indicator allows for trading alert activations. The Prorealtime platform will notify you when the price breaks a key level.
You will create an alert on all assets in all timeframes.
You will never miss a trade opportunity
7. Market Scanner
A Wolfe wave screener is included free of charge with the indicator. You will discover numerous trading opportunities that match your configuration. The screener works with all the assets across all timeframes.
You will find reversal opportunities in real-time
8. Indicator Customization
The indicator is fully configurable. You can select the type of signal(s), apply validation, volume, divergence, and trend filters. You can customize the display, like colors, font size, line thickness, and transparency.
You will adapt the indicator to your trading style
9. Backtest and Automated trading
The indicator is implementable in a ProOrder backtest. You will test and automate your trading strategies.
Here is an example of a backtest calling the Wolfe Wave indicator on the Nasdaq ETF:
You will backtest your strategies and create trader bots
Online Documentation
I provide complete documentation describing the usage and settings of the indicator. I also provide an example of code you can use to backtest your strategies and create an automated trading system. You can consult this documentation at any time on these pages:
Available Brokers
The Bullish Harminics indicator is compatible with all versions of Prorealtime. You can install the indicator on any broker that provides this platform. The brokers with which you can use the indicator are Interactive Brokers, IG, Saxo Bank, and Boursorama:
Try the indicator for Free
Start a FREE TRIAL with the Advanced Wolfe Wave indicator today. You will access the indicator’s complete functionalities for two weeks.
Install the indicator on Prorealtime
Get instant access to the Advanced Wolf Wave Indicator and its real-time screener on your ProRealTime platform. Acquire your license today and start detecting market cycles with precision.