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MArketwave is a multicurrency, trend following indicator which combines three of the most commonly used parameters.


  • Moving Averages
  • Bollinger Bands
  • Stochastic Oscillator

The parameters have been customized to provide accurate signals.


  • Thick dark green up arrows - Uptrend
  • Thin light green up arrows - Buy
  • Thick red down arrow - Downtrend
  • Thin red down arrow - Sell

Trading tips

  • Check the trend with thick arrows
  • Buy or sell with thin arrows only in the direction of the main trend
  • Stochastic Oscillator is used to assess overbought/oversold conditions


  • M1, M5 - for intraday
  • H1, H4 - for positional

Risk Management

  • Start with 10% of your account balance
  • Use martingale on appearance of arrows only
  • Opposite color arrows should be the stop loss
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