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Wave Trend MT4

MT5 Version 

Wave Trend MT4

Wave Trend is an oscillator, which helps identifing in a extremely accurate manner market reversals. The Oscillator being obove the overbought level and a cross down of the fast into the slow MA usually indicates a good SELL signal. If the oscillators is below the oversold level and the fast MA crosses over the slower MA usually highlights a good BUY signal. The Wave Trend indicator can be also used when divergences appear against the price, indicating the current movement is losing strenght and may be coming to an end. A combination between signals in high and low timeframes can be used to find awesome entry points.

TRY IT FOR FREE NOW!!

Wave Trend is the   first indicator in the market that allows the user to 100% customize the Moving Average type and the price data source to use for the calculations. This flexibility makes the Wave Trend indicator easily adaptable for any Asset and Timeframe.

Ideal for HOLD, SCALPING and SWING strategies

At the same time, Wave Trend MT4 provides a system of alerts and notifications on the mobile phone and on the MT4 Terminal when the prices enters the overbought or oversold levels.

Some of the characteristics of the indicator are the following:

  • Time saving
  • Ease of decision-making for entries and taking full or partial benefits
  • Highly customizable
  • Functional in all pairs (Crypto, Forex, Stocks, Indices, Commodities ...)
  • Perfect for Scalping or Swing trading
  • Alerts and notifications on the MT4 terminal and on the mobile phone

Input parameters

Settings:

  • Price Source: Price source for the calculations
  • MA type: Moving average type for the algorithm(SMA, EMA, Linear Weighted MA, Smoothed MA)
  • MA Lenght 1 [>1]: MA Period for the first MA
  • MA Lenght 2 [>1]: MA Period for the second MA
  • Over Bought Level: Level to set the over bought area
  • Over Sold Level: Level to set the over sold area
    Visualization:

    • Fill Over Bought and Over Sold Areas: Fill the Over Bought and Over Sold areas in the indicator's window

    Notifications:

    • Activate Alerts: Enables alerts on the MT4 Terminal if price enters the OB/OS levels
    • Activate Notifications: Enables phone Notifications

    Support and questions

    Do not hesitate to contact me for any questions and support

    Author

    Diego Arribas, private investor and speculator, automation engineer in the aerospace industry

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    Vitalyi Belyh
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    Bernhard Schweigert
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    Dhabaleswar Prasad Jena
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    Afsal Meerankutty
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    Andrey Kozak
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    Bernhard Schweigert
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    Igor Pereira Calil
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    Quantum Entry PRO
    Aleksandr Makarov
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    INTRAQUOTES
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    5 (4)
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    PrecisionTradingSystems
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    Vahidreza Heidar Gholami
    5 (3)
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    Anon Candra N
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    Diego Arribas Lopez
    Uzman Danışmanlar
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    Diego Arribas Lopez
    Uzman Danışmanlar
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    Diego Arribas Lopez
    Uzman Danışmanlar
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    Diego Arribas Lopez
    5 (2)
    Göstergeler
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    Diego Arribas Lopez
    Göstergeler
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    Diego Arribas Lopez
    5 (1)
    Yardımcı programlar
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    Diego Arribas Lopez
    5 (1)
    Göstergeler
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    Diego Arribas Lopez
    Göstergeler
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    MT5 to Discord Signals
    Diego Arribas Lopez
    Yardımcı programlar
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    Diego Arribas Lopez
    Göstergeler
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    FREE
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    Diego Arribas Lopez
    5 (1)
    Göstergeler
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    Fibonacci Bollinger Bands MT4
    Diego Arribas Lopez
    Göstergeler
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    FREE
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    Diego Arribas Lopez
    Göstergeler
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    Diego Arribas Lopez
    5 (1)
    Göstergeler
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    Diego Arribas Lopez
    Uzman Danışmanlar
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    Kill Zones MT5
    Diego Arribas Lopez
    Göstergeler
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    Diego Arribas Lopez
    Göstergeler
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    Elliot Wave Oscillator MT4
    Diego Arribas Lopez
    Göstergeler
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    Elliot Wave Oscillator MT5
    Diego Arribas Lopez
    Göstergeler
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    Advanced Bollinger Bands RSi MT5
    Diego Arribas Lopez
    Göstergeler
    [ MT4 Version ] [ EA ] Advanced Bollinger Bands RSI MT5 Advanced Bollinger Bands RSI is an Indicator based on the functionalities of the Advanced Bollinger Bands RSI EA . The scope of this indicator is to provide a more affordable solution for users interested in the alerts coming out of the strategy but not in Autotrading. This strategy uses the Bollinger Bands indicator in combination with the RSI, the signal triggers only when both the BB and the RSI indicate at the same time overbought or ov
    Lumos
    Diego Arribas Lopez
    Yardımcı programlar
    Lumos Lumos is a multifunctional trading assistant. It gives an overview of the current market situation for a better decision making. The strategy tester only provides a visualization of the application. Lumos is highly customizable and gives you information in multiple timeframes about: MAs, price structure, RSI, RSI MA and an overview of the price distance to possible SLs.
    FREE
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    Diego Arribas Lopez
    Göstergeler
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    Fear and Greed MT4
    Diego Arribas Lopez
    Göstergeler
    [ MT5 Version ] How to trade using the Fear and Greed Indicator:  Click here Uncertain about when to take total or partial profits? The Fear and Greed is your reliable companion for making confident trading decisions. This innovative tool offers unparalleled insights into market sentiment, helping you identify key pivot zones and optimize your trading strategy. Why Choose Fear and Greed? Revolutionary Market Insight: Sentiment Analysis: The first indicator for that reveals the market's Fear and
    TTM Squeeze Momentum MT4
    Diego Arribas Lopez
    Göstergeler
    MT5 Version TTM Squeeze Momentum TTM Squeeze Momentum is an enhanced indicator ideal for recognizing consolidation periods in the market and the start of the next explosive move. This improved version is a volatility indicator based on John Carter's "TTM Squeeze" in which the histogram is based on a linear regression rather than a simple momentum indicator. Red dots on the middle line indicate that the market has entered a "Squeeze" zone or consolidation period, indicated in this enhanced versi
    Williams Vix Fix MT4
    Diego Arribas Lopez
    Göstergeler
    MT5 Version Williams Vix Fix MT4 Need help trying to time the bottoms in the market? Williams Vix Fix MT4 is based on the volatility of the market and grants a huge support for finding out when a correction is comming to its end. TRY IT FOR FREE NOW! Williams Vix Fix MT4 derivates from Larry Williams's VixFix indicator addapted for fitting   every asset class . VIX reprensents the fear and greed in the market based on its volatility. A high VIX value shows fear in the market, this is usually a
    MA Ribbon MT4
    Diego Arribas Lopez
    Göstergeler
    MT5 Version MA Ribbon MT4 MA Ribbon is an enhanced indicator with 8 moving averages of increasing periods. MA Ribbon is useful to recognize trend direction,  reversals   and continuation points in the market as well as potential entry, partial take profit and exit points. Entry points for long and shorts position can be found when the price entries or leaves the Ribbon, at retest or a defined number of MA crossovers. It offers a good combination with mostly any volume or momentun indicators to f
    Multi Timeframe MA MT4
    Diego Arribas Lopez
    Göstergeler
    MT5 Version Multi Timeframe MA MT4 Multi Timeframe MA MT4 is an indicator that offers the representation of up to 3 MAs with different Periods and Timeframes. This allows the user to reprensent in one chart and timeframe information coming from other timeframes and get notified as any of the MAs crosses another one. Multi Timeframe MA is the   first   indicator in the market that offers Multi Timeframe interactions and a high customization   level from up to 7 different MA types (SMA, EMA, WMA,
    Advanced Bollinger Bands RSi MT4
    Diego Arribas Lopez
    Göstergeler
    [ MT5 Version ] [ EA ] Advanced Bollinger Bands RSI MT4 Advanced Bollinger Bands RSI is an Indicator based on the functionalities of the  Advanced Bollinger Bands RSI EA . The scope of this indicator is to provide a more affordable solution for users interested in the alerts coming out of the strategy but not in Autotrading. This strategy uses the Bollinger Bands indicator in combination with the RSI, the signal triggers only when both the BB and the RSI indicate at the same time overbought or o
    Supply and Demand Multitimeframe MT4
    Diego Arribas Lopez
    Göstergeler
    [ MT5 Version ] Supply and Demand Multitimeframe Supply and Demand Multitimeframe is the first indicator in the market that combines multiple aspects like trading volume, price structure and momentum to identify Supply and Demand zones for every asset. The Supply and Demand indicator analyzes simultaneously up to 4 different TFs and represents their information in the current graph. Its interactive UI highlights everytime the price enters a Supply or Demand zone even if the zones are not visibl
    Bulls and Bears Power MT4
    Diego Arribas Lopez
    Göstergeler
    [ MT5 Version ] Bulls and Bears Power Bulls and Bears Power is an indicator that clearly highlights if bulls or bears are currently in control of the market. A price movement started with high Bulls control in the market can indicate the beginning of a new trend movement. The relative indicator power between price peaks also indicates if the movement is losing strength and might foresee a significant correction or a trend reversal. Bulls and Bears Power indicator offers a clear and simplified vi
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