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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
4285
lauro1956 2023.11.16 18:31 
 

Very good indicator

5 stars deserved

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Elliot Wave Impulse
Mohamed Hassan
5 (1)
Indicators
‍You can visually backtest Elliot Wave Impulse   to see how it behaved in the past!     Manual guide:   Click here Starting price of  $59  for the first 25 copies ( 2  left)! -- Next price is   $120 .  This indicator is unstoppable when combined with our other indicator called Katana . After purchase, send us a message and you could get  it  for  FREE as a BONUS!  The Elliot Wave Impulse is a pattern  identified in the Elliott Wave Theory, a form of technical analysis used to a
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LEE SAMSON
4.27 (15)
Indicators
The ADR Reversal Indicator shows you at a glance where price is currently trading in relation to it's normal average daily range. You will get instant alerts via pop-up, email or push when price exceeds it's average range and levels above it of your choosing so you can jump into pullbacks and reversals quickly. The indicator draws horizontal lines on the chart at the average daily range extremes and also extensions above those levels which have mathematical probabilities attached to them of pric
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Oleg Rodin
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Indicators
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Vitalyi Belyh
5 (1)
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Volatility Trend System - a trading system that gives signals for entries. The volatility system gives linear and point signals in the direction of the trend, as well as signals to exit it, without redrawing and delays. The trend indicator monitors the direction of the medium-term trend, shows the direction and its change. The signal indicator is based on changes in volatility and shows market entries. The indicator is equipped with several types of alerts. Can be applied to various trading
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Description This Expert Advisor mainly works on range breakout on a particular timeframe. The logic behind the this pretty simple. When a range is formed in any time frame (e.g. the range should be less than 20 pips and there must be atleast 30 candle in that range), this ea will wait for the range to be broken out on any direction. If the range is broken on the upper side it will enter into the buy position and hedge the lower ragne with sell position(Could be martingale multiplied lots). If
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This is very simple strategy based on martingale and reverse martingale strategy. When Ea keeps on winning it multiplies with winning multiplier ,when it has a loosing streak it multiplies with loosing multiplier. Whenever cycle goes from winning to loosing or vice versa the lot size will be reset to default one. This will keep the risk minimized as we are using it for both side. Also when we are in loosing streak we keep on changing the order type from its previous example for example if we hav
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Biswarup Banerjee
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Confluence Indicator is unique indicator which collects differnt popular indicators and analyzes their data. It decides an overall trend with its strength. It is not only helpful for identifying the the current picture of the market but also helps traders to stay away from non trending market. It maximize the chance of winning by giving an aggregate picuture of markets best reliable technical indicator settings There are total 7 types of signal which this indicator provides. Each candle will sho
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Simple trade manager panel is a very usefull utility which gives the trader a flexibility to place orders and close them by profit and loss amount . It also helps in trailing the profit with amount.  It works seamlessly on mt4 terminal. It has features to close specific order type or close all trades Features in nutshell Stoploss ,Takeprofit and Lot size control Book Profit based on amount Cut Loss based on amount Trail Profit after some time Close specific order Type Close all orders
Hercules Trend Indicator
Biswarup Banerjee
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Hercules is a trend indicator which is a very powerfull tool to enter into the position at right time. it also indicates the the rangebound areas very easyly. Its visual representation is same like supertrend . But it is more advanced then super trend . If you combine the entry signal of multiple time frame it would give 98% accuracy in most of the symbols. Additional Features Notification  Alerts Email Arrow for buy and sell signals Easyly accesible buffers for EA development
Multi Indicator Signal
Biswarup Banerjee
Experts
This is  a combination of utility and trend scalping EA. User can utilize features of many ea within this single ea. you can say it can be configured in such a way that it will act as a different ea based on each setup. There could many permutations combinations of the available indicaotrs , based on which buy and sell signals could be generated. If anyone wants to use it just for alert then also it can be done. It supports all currency pairs and all time frames. List of Indicators Avaialble Rsi
Rich Dad Scalper EA
Biswarup Banerjee
Experts
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
Double Top And Bottom Indicator
Biswarup Banerjee
Indicators
Double top and bottom indicator is a pattern scanning indicator which scans the tops and bottoms using zig zag pattern. When it find price bouncing back from the same point twice after a long trend then it generate arrow signals whenever the last resistance points is broken for double bottom and last support price broken for double top. Unlike other top bottom scanner it does not give only 1 signal. it alerts user when ever the last support /resistance is broker from double top/bottom pattern un
Fill The Gap Grid
Biswarup Banerjee
Experts
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

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Version 2.0 2023.11.16
performance issue is resolved