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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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Cyclical indicator for trading and predicting the direction of the market. Shows the cyclical behavior of the price in the form of an oscillator. Gives signals for opening deals when rebounding from the upper and lower boundaries of the oscillator. In the form of a histogram, it shows the smoothed strength of the trend. Will complement any trading strategy, from scalping to intraday. The indicator does not redraw. Suitable for use on all symbols/instruments. Suitable time frames for short-term
The Stochastic Basket Currency Strenght  brings the Stochastic indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the SBCS take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD pairs and with full automation takes in account every stochastic value (main line) for the selected Time Frame.  After that, the indicator
IMPORTANT; Price is subject to rise at any time from now! Do not miss this offer! Dear trader I am glad to introduce my new tool called Trend Analyser Dashboard to you. The design, style, and settings of this indicator  have been made simple to make its users not take too much time in understanding the indicator itself.   The purpose is to help traders in analysing the direction of the major trend and the status of the trend whether in weak trend or its strong trend. The indicator will also prov
Cluster indicator working in the price channel. For operation, the indicator builds a channel line - (dashed line). Inside the channel, cluster sections are determined that determine the direction of the price movement - (histograms in two directions), start with large arrows. Small arrows are plotted above / below each histogram - indicator increase volatility. The indicator does not redraw the values. Works on any tools and timeframes. Entrances are made when large arrows appear, inside s
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
Oni Scalper
Goh Cheng Wai
5 (2)
Dear Onis, This Indicator is used for   GBPUSD, US30 and GOLD on 1-Min Chart . For US30 , Depending on your broker, Minimum Lot Size will differ from 0.01 to 1.0 lots. My Current Account is trading at 1.0 lots at $1 per point . Please check with your Broker what's the Margin Required for your Minimum lot sizes before you trade on your Real account. I have Forward Tested the indicator for around 6 months before releasing it to the public. ( No Demo is available for the Indicator, Strategy
VTrende Pro mt4
Andrii Diachenko
5 (1)
VTrende Pro MT4 - MTF indicator for trend trading with a display panel for MT5 *** Videos can be translated into any language using subtitles (video language - Russian) Although the signals of the VTrende Pro indicator can be used as signals of a full-fledged trading system, it is recommended to use them in conjunction with the Bill Williams TS. VTrende Pro  MT4 is an extended version of the VTrende indicator. Difference between Pro version and VTrende: - Time zones - Signal V - signal 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.