Metatrader 4 indicator modification (Wolf Wave)

1) Modify attached Wolf Wave indicator

Add parameters to determine the minimum necessary angles between points 1&3 and 1&4 and 1&5 and 2&4 for the final point 5 to be valid (for example: extern double MinAngle1-4=-99; if value -99 angle calculation is not in use).

See attached picture for more details!

For Buy setup angle 1&4 is positive and 1&3 and 1&5 and 2&4 are negative.

For Sell setup angle 1&4 is negative and 1&3 and 1&5 and 2&4 are positive

For example angle between points 1&4 is calculated : Mathtan(point4-point1)/(bars between 1&4)

2) Modify indicator so that it will redraw values in MT4 visual backtesting, Now it seems like indicator only calculate initial value and does no further calculation or at least draws no further output after the initial drawing on mt4 visual backtesting.

3) Code simple entry rule to attached template. Enter Buy after get valid point 5 and we get within 3 bars bar close above point 5 bar close. Enter Sell after get valid point 5 and we get within 3 bars bar close below point 5 bar close.

I suggest that we do first 1) and make sure that it works before moving to 2) & 3), but this is really up to the programmer and depending on his skills and experience.

Preference given if indicator is programmed in as library (no custom indicator called), but this is not necessary if too labor intense, please mention in your bid if you're going to use library. Indicator is using only 2 buffers and to my understanding point 5 (buy/sell criteria) cannot be identified by referring to buffer values...?

This improved version of the indicator was decompiled and all variables were renamed according to the original indicator variables.

For more information about Wolf Wave see:

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Metatrader

Project ID: #960032

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