WaveTrend Pro
- Indicators
- Francis Soddo Wetaka
- Version: 1.50
- Activations: 15
Introducing our Wave Trend Oscillator Indicator, exclusively designed for MetaTrader 5. This advanced tool is a must-have for traders who seek precision and efficiency in their trading journey.
Our oscillator is built on the principles of wave trend analysis, capturing the ebb and flow of market trends with unparalleled accuracy. It helps traders identify potential buying and selling points based on market wave patterns, enabling you to stay ahead of the market.
One of the key features of our indicator is its ability to detect divergences. This feature allows traders to spot potential reversals in the market, providing a competitive edge in your trading strategy. Additionally, it can detect intermediate level crosses of the signal and main line, offering more granular insights into market trends.
Note:
1. The states provided by the indicator are not exactly signals to entering a trade, but considering including the signals it produces along with your strategy will help improve the quality of trades you take.
2. As an ad-on, for divergences, using a Fibonacci retracement tools or BTMM strategies can help avoid traps.