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Wave Trend Indicator

The high and low band points made strictly according to Dow's theory can be used to distinguish the position of support and resistance, to identify the starting point of trend, and to stop and stop loss.



Whether you are a trend trader, an day short-term trader, or a scalp trader, I believe this indicator will be of great help to you.



For example, when the price goes down through the green line, the current short trend starts, and when the price goes up through the red line, the bull trend starts, the corresponding High and Low act as the effective stop-loss line for opening positions, and the corresponding reverse crossing act as the stop-loss position.



Of course, with other theories such as charts, Gann,Turtle、 and so on, indicators can play a greater role.



I won't go into any more details here. You can find other interesting uses of this indicator according to your trading strategy.



Indicators do not have external parameters, and the results will not be inconsistent according to the number of backtracking columns. All the conditions used are entirely from the market, that is, always follow the steps of the market.
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Finansal piyasada uzun vadeli fırsatlar arayan bir yatırımcı mısınız? Size Özel Uzun Vadeli Trend Göstergesi'ni tanıtmaktayım. Bu gösterge, günlük, haftalık ve aylık grafiklerden daha uzun zaman dilimlerinde pozisyon almak isteyen trader'lar için tasarlanmıştır. Net ve kesin sinyallerle, bilinçli kararlar almanız için ihtiyacınız olan desteği sağlayacaksınız. Ana özellikler: Uzun Vadeli Strateji: Bu gösterge, uzun vadeli ticaret yapmaya kararlı yatırımcılar için mükemmeldir. Önerilen Zaman Dilim
Daotradingfx
Huynh Cong Chinh
Title: "Daotradingfx - The Perfect Key for Wave Trading with 7 Years of Experience" Forex trading is never easy, but with the daotradingfx indicator, I have found a reliable partner, unlocking the door to success in wave trading. Built on the foundation of my 7 years of trading experience, this indicator is not just a tool; it is a comprehensive canvas of market understanding and convenience in trading. Daotradingfx stands out with its ability to use multiple timeframes, a crucial feature t
The Nihilist 5.0 Indicator includes Forexalien and Nihilist Easy Trend trading strategies and systems. It is composed of an MTF Dashboard where you can analyze the different input possibilities of each strategy at a glance. It has an alert system with different types of configurable filters. You can also configure which TF you want to be notified on your Metatrader 4 platform and Mobile application The indicator has the option to view how could be a TP and SL by using ATR or fixed points, even
Introducing the "Magic Trades" for MetaTrader 4 – your ultimate tool for precision trading in dynamic markets. This innovative indicator revolutionizes the way you perceive market trends by harnessing the power of advanced analysis to detect subtle changes in character, paving the way for optimal trading opportunities. The Magic Trades Indicator is designed to empower traders with insightful entry points and well-defined risk management levels. Through its sophisticated algorithm, this indica
Trend Flasher Trend is your friend is the age old saying quote in trading arena, there are though many ways to gauge the trend and its direction, more scientific measure and logically meaningful will be an ATR break outs to identify and spot the trend and its acceleration, so we created this easy to use trend identification panel and optimized super trend based multi time frame panel entry system to aid and help the traders to make their trading decision. Unique Features of Trend Flasher 1
Yazarın diğer ürünleri
Doing things and doing trading are time-sensitive, geographical and people-friendly. Usually, most of the time we only care about which price to open a position, which price to stop losses, and which price to stop earnings, which is called geographical advantage. Little attention is paid to when to open  a position, stop losses and stop earnings, which is called Tianshi. This indicator can help you find out when to do trading, when to turn off the computer to accompany your family, travel
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İncelemeye yanıt
Sürüm 1.6 2019.08.09
Upload the error file in the previous edition.
Sürüm 1.4 2019.08.09
1. The previous problems were corrected.

2. Add display Wave numbers.
Sürüm 1.3 2019.07.31
The problem that the calculated pressure line disappears after network interruption is optimized.
Sürüm 1.2 2019.07.27
I made a little change and I was depressed.
Sürüm 1.1 2019.07.27
1. On the basis of the first edition, it is slightly changed and more accurate.

2. Remove the highest and lowest points, leaving only pressure and support.