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WaveTrend Oscillator Indicator

5

WaveTrend Oscillator - Bringing Tradingview's Renowned Indicator to MQL

Elevate your trading strategies with the "WaveTrend Oscillator," an MQL port of the renowned TS/MT indicator created by Lazybear on tradingview. This powerful indicator provides valuable insights into market dynamics, offering clear signals for optimal entry and exit points in your trades.


Key Features:

  1. Proven Effectiveness: Based on the popular TS/MT indicator, the WaveTrend Oscillator brings a time-tested and proven approach to your MetaTrader platform.

  2. Intuitive Buy and Sell Signals: When the oscillator is above the overbought band (red lines) and crosses down the signal (dotted line), it signals a favorable SELL opportunity. Conversely, when the oscillator crosses above the signal below the oversold band (green lines), it indicates a promising BUY opportunity.

  3. Authorship Acknowledgment: The WaveTrend Oscillator is a respectful homage to Lazybear, the original creator of this open-source indicator. Its MQL adaptation retains the essence of Lazybear's innovative work.

  4. Customizable Display: Adapt the display to your preferences with customizable settings, allowing you to tailor the indicator to your unique trading style.

Why Choose WaveTrend Oscillator:

  • Proven Track Record: Leverage the success of a time-tested indicator that has gained popularity in the trading community.

  • Clear Buy and Sell Signals: Enjoy the clarity of signals for both buying and selling, enhancing your decision-making process.

  • Lazybear's Legacy: Pay tribute to Lazybear's original creation, benefiting from the wisdom and expertise embedded in the WaveTrend Oscillator.

Get Started Today:

Enhance your trading experience with the WaveTrend Oscillator, a faithful MQL adaptation of Lazybear's celebrated indicator. Gain access to clear signals, make well-informed decisions, and honor the legacy of a renowned tradingview contributor.

Don't miss out on your next trading success!


Reviews 1
lauro1956
4265
lauro1956 2023.11.16 18:31 
 

Very good indicator

5 stars deserved

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Description Rich dad is scalping bot which works based on multiple trend following indicators settings which is used by many professional traders. It works on the principle of trade accumulation and profit banking system.Once Ea gets the singal for buy and sells it keep on accumulating them bases on some risk calculation. Once the stoploss or profit hits based on risk calculation it will bank profit or cut the losses. It uses the the martingale principle but it is upto the trade if he want to us
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Fill The Gap Grid
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This is a pure grid strategy which completely works on pricelevel. So the idea behind this simple algo is when it starts it places 6 orders.  Buy- Current price Sell- Current price BuyStop-  Current price+ Some Pip Configurable distance Sell Limit -   Current price+ Some Pip Configurable distance BuyLimit-    Current price- Some Pip Configurable distance SellStop -     Current price- Some Pip Configurable distance When any order hits its take profit it fill the gap with pending order. and Wh
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lauro1956
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lauro1956 2023.11.16 18:31 
 

Very good indicator

5 stars deserved

Reply to review
Version 2.0 2023.11.16
performance issue is resolved