OPEN-SOURCE SCRIPT

Apex Edge – Wolfe Wave Hunter

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Apex Edge – Wolfe Wave Hunter
The modern Wolfe Wave, rebuilt for the algo era

This isn’t just another Wolfe Wave indicator. Classic Wolfe detection is rigid, outdated, and rarely tradable. Apex Edge – Wolfe Wave Hunter re-engineers the pattern into a modern, SMC-driven model that adapts to today’s liquidity-dominated markets. It’s not about drawing pretty shapes – it’s about extracting precision entries with asymmetric risk-to-reward potential.

🔎 What it does
Automatic Wolfe Wave Detection
Identifies bullish and bearish Wolfe Wave structures using pivot-based logic, symmetry filters, and slope tolerances.

Channel Glow Zones
Highlights the Wolfe channel and projects it forward into the future (bars are user-defined). This allows you to see the full potential of the trade before price even begins its move.

Stop Loss (SL) & Entry Arrow
At the completion of Wave 5, the algo prints a Stop Loss line and a tiny entry arrow (green for bullish, red for bearish). but the colours can be changed in user settings. This is the “execution point” — where the Wolfe setup becomes tradable.

Target Projection Lines

TP1 (EPA): Derived from the traditional 1–4 line projection.

TP2 (1.272 Fib): Optional secondary profit target.

TP3 (1.618 Fib): Optional extended target for large runners.
All TP lines extend into the future, so you can track them as price evolves.

Volume Confirmation (optional)
A relative volume filter ensures Wave 5 is formed with meaningful market participation before a setup is confirmed.

Alerts (ready out of the box)
Custom alerts can be fired whenever a bullish or bearish Wolfe Wave is confirmed. No need to babysit the charts — let the script notify you.

⚙️ Customisation & User Control
Every trader’s market and style is different. That’s why Wolfe Wave Hunter is fully customisable:

Arrow Colours & Size
Works on both light and dark charts. Choose your own bullish/bearish entry arrow colours for maximum visibility.

Tolerance Levels
Adjust symmetry and slope tolerance to refine how strict the channel rules are.

Tighter settings = fewer but cleaner zones.

Looser settings = more frequent setups, but with slightly lower structural quality.

Channel Glow Projection
Define how many bars forward the channel is drawn. This controls how far into the future your Wolfe zones are extended.

Stop Loss Line Length
Keep the SL visible without it extending infinitely across your chart.

Take Profit Line Colors
Each TP projection can be styled to your preference, allowing you to clearly separate TP1, TP2, and TP3.

This isn’t a one-size-fits-all tool. You can shape Wolfe detection logic to match the pairs, timeframes, and market conditions you trade most.

🚀 Why it’s different
Classic Wolfe waves are rare — this script adapts the model into something practical and tradeable in modern markets.

Liquidity-aligned — many setups align with structural sweeps of Wave 3 liquidity before driving into profit.

Entry built-in — most Wolfe scripts only draw the structure. Wolfe Wave Hunter gives you a precise entry point, SL, and projected TPs.

Backtest-friendly — you’ll quickly discover which assets respect Wolfe waves and which don’t, creating your own high-probability Wolfe watchlist.

⚠️ Limitations & Disclaimer
Not all markets respect Wolfe Waves. Some FX pairs, metals, and indices respect the structure beautifully; others do not. Backtest and create your own shortlist.

No guaranteed sweeps. Many entries occur after a liquidity sweep of Wave 3, but not all. The algo is designed to detect Wolfe completion, not enforce textbook liquidity rules.

Probabilistic, not predictive. Wolfe setups don’t win every time. Always use risk management.

High-RR focus. This is not a high-frequency tool. It’s designed for precision, asymmetric setups where risk is small and reward potential is large.

✅ The Bottom Line
Apex Edge – Wolfe Wave Hunter is a modern reimagination of the Wolfe Wave. It blends structural geometry, liquidity dynamics, and algo-driven execution into a single tool that:

Detects the pattern automatically

Provides SL, entry, and TP levels

Offers alerts for hands-off trading

Allows deep customisation for different markets

When it hits, it delivers outstanding risk-to-reward. Backtest, refine your tolerances, and build your watchlist of assets where Wolfe structures consistently pay.

This isn’t just Wolfe detection — it’s Wolfe trading, rebuilt for the modern trader.

Developer Notes - As always with the Apex Edge Brand, user feedback and recommendations will always be respected. Simply drop us a message with your comments and we will endeavour to address your needs in future version updates.

כתב ויתור

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