Have you tried searching for Elliot Waves Indicators. Have you studied Elliot Waves? The codes are based on Elliot Waves so if you don't think this one is helpful in down_trends then you can search for others for down_trends.
//+------------------------------------------------------------------+ //| MAB_TD_D-WaveUp | //| v1.0 | //| | //| This indicator is a D-Wave indicator as described in Perl's | //| book, "DeMark Indicators." It is basically an objective Elliot | //| Wave. This portion of the indicator is only the up wave. | //| | //+------------------------------------------------------------------+
Also this indicator has problems https://www.mql5.com/en/forum/120201

You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
hi
i has indicator D-Wave indicator TD_DuWaveUp.mq4 use in Up trend only,,,, i need for use at Down trend too. if your has it can share for me pls.
Nickii