Wave Trend MT5

MT4 Version

Wave Trend MT5

Wave Trend is an oscillator, which helps identifing in a extremely accurate manner market reversals. The Oscillator being obove the overbought level and a cross down of the fast into the slow MA usually indicates a good SELL signal. If the oscillators is below the oversold level and the fast MA crosses over the slower MA usually highlights a good BUY signal. The Wave Trend indicator can be also used when divergences appear against the price, indicating the current movement is losing strenght and may be coming to an end. A combination between signals in high and low timeframes can be used to find awesome entry points.

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Wave Trend is the  first indicator in the market that allows the user to 100% customize the Moving Average type and the price data source to use for the calculations. This flexibility makes the Wave Trend indicator easily adaptable for any Asset and Timeframe.

Ideal for HOLD, SCALPING and SWING strategies

At the same time, Wave Trend MT5 provides a system of alerts and notifications on the mobile phone and on the MT5 Terminal when the prices enters the overbought or oversold levels.

Some of the characteristics of the indicator are the following:

  • Time saving
  • Ease of decision-making for entries and taking full or partial benefits
  • Highly customizable
  • Functional in all pairs (Crypto, Forex, Stocks, Indices, Commodities ...)
  • Perfect for Scalping or Swing trading
  • Alerts and notifications on the MT5 terminal and on the mobile phone

Input parameters

Settings:

  • Price Source: Price source for the calculations
  • MA type: Moving average type for the algorithm(SMA, EMA, Linear Weighted MA, Smoothed MA)
  • MA Lenght 1 [>1]: MA Period for the first MA
  • MA Lenght 2 [>1]: MA Period for the second MA
  • Over Bought Level: Level to set the over bought area
  • Over Sold Level: Level to set the over sold area
    Visualization:

    • Fill Over Bought and Over Sold Areas: Fill the Over Bought and Over Sold areas in the indicator's window

    Notifications:

    • Activate Alerts: Enables alerts on the MT5 Terminal if price enters the OB/OS levels
    • Activate Notifications: Enables phone Notifications

    Support and questions

    Do not hesitate to contact me for any questions and support

    Author

    Diego Arribas, private investor and speculator, automation engineer in the aerospace industry

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    Ivan Stefanov
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    Temirlan Kdyrkhan
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    Garry James Goodchild
    5 (5)
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    Muhammad Usman Siddique
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    KEENBASE SOFTWARE SOLUTIONS
    3.5 (2)
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    KEENBASE SOFTWARE SOLUTIONS
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    DoIt GBP Master MT5
    Diego Arribas Lopez
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    Diego Arribas Lopez
    5 (4)
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    Diego Arribas Lopez
    5 (1)
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    FREE
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    FREE
    Lumos
    Diego Arribas Lopez
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    FREE
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    [ MT5 Version ] How to trade using the Fear and Greed Indicator:  Click here Uncertain about when to take total or partial profits? The Fear and Greed is your reliable companion for making confident trading decisions. This innovative tool offers unparalleled insights into market sentiment, helping you identify key pivot zones and optimize your trading strategy. Why Choose Fear and Greed? Revolutionary Market Insight: Sentiment Analysis: The first indicator for that reveals the market's Fear and
    MT5 Version TTM Squeeze Momentum TTM Squeeze Momentum is an enhanced indicator ideal for recognizing consolidation periods in the market and the start of the next explosive move. This improved version is a volatility indicator based on John Carter's "TTM Squeeze" in which the histogram is based on a linear regression rather than a simple momentum indicator. Red dots on the middle line indicate that the market has entered a "Squeeze" zone or consolidation period, indicated in this enhanced versi
    MT5 Version Gaussian Channel MT4 Gaussian Channel MT4 is the first indicator in the market that uses Ehlers Gaussian Filter methods to define trends. Nowadays, this Gaussian Channel is highly known as a method to support HOLD techniques in crypto. If the price is above the channel the trend is strong, if it comes back to the channel this can react as a resistance and indicate the beginning of a bear market (or Winter) if the price breaks below it. Eventhough the use of this channel focuses on h
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    MA Ribbon MT4
    Diego Arribas Lopez
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    Diego Arribas Lopez
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    MT5 Version Multi Timeframe MA MT4 Multi Timeframe MA MT4 is an indicator that offers the representation of up to 3 MAs with different Periods and Timeframes. This allows the user to reprensent in one chart and timeframe information coming from other timeframes and get notified as any of the MAs crosses another one. Multi Timeframe MA is the   first   indicator in the market that offers Multi Timeframe interactions and a high customization   level from up to 7 different MA types (SMA, EMA, WMA,
    MT5 Version Elliot Wave Oscillator MT4 Elliot Wave Oscillator MT4 is an indicator designed to support Elliot Wave counts. The default settings help filtering out the noise in the market allowing a clear perception for the waves counts in differnt timeframes.   Elliot Wave Oscillator high customization level allows the you to optimize this indicator to your personal preferences. Shorter Periods and faster reactive MAs will provide more infomation but will require a higher level of experience for
    [ MT5 Version ] [ EA ] Advanced Bollinger Bands RSI MT4 Advanced Bollinger Bands RSI is an Indicator based on the functionalities of the  Advanced Bollinger Bands RSI EA . The scope of this indicator is to provide a more affordable solution for users interested in the alerts coming out of the strategy but not in Autotrading. This strategy uses the Bollinger Bands indicator in combination with the RSI, the signal triggers only when both the BB and the RSI indicate at the same time overbought or o
    [ MT5 Version ] Supply and Demand Multitimeframe Supply and Demand Multitimeframe is the first indicator in the market that combines multiple aspects like trading volume, price structure and momentum to identify Supply and Demand zones for every asset. The Supply and Demand indicator analyzes simultaneously up to 4 different TFs and represents their information in the current graph. Its interactive UI highlights everytime the price enters a Supply or Demand zone even if the zones are not visibl
    [ MT5 Version ] Bulls and Bears Power Bulls and Bears Power is an indicator that clearly highlights if bulls or bears are currently in control of the market. A price movement started with high Bulls control in the market can indicate the beginning of a new trend movement. The relative indicator power between price peaks also indicates if the movement is losing strength and might foresee a significant correction or a trend reversal. Bulls and Bears Power indicator offers a clear and simplified vi
    [ MT5 Version ] Ultimate Alpha Trend MT4 Ultimate Alpha Trend is the first trend indicator, which combines volatility, volume, average price and momentum. The results is a highly versatile representation of trendy and sideways market conditions, highlighting, at the same time, significant supply and demand levels. The Ultimate Alpha Trend indicator can be used to find entry oportunities and to set SLs taking into consideration current market volatility, volume and momentum. Besides that, the ind
    MT5 Version SMT Divergences MT4 SMT Divergences is one of the most innovative indicators in the market. It offers the possibility of analyzing price divergences between 2 pairs. These divergences highlight and help to foresee what banks and institutions are planning to do. SMT divergences also provides you with a kill zones indicator and the possibility of filtering divergences occurring during these kill zones.  The strategy tester is limited in MT4. Contact the author to get your Demo Version.
    MT5 Version Advanced Range Breakout Advanced Range Breakout allows you to trade breakouts in an impossible way for any human being. This EA focuses on entering breakouts as soon as the price moves over them, keeping a tight trailing stop loss (TSL) to catch as much as possible of breakouts'    characteristic   explosive price movements while protecting the trade if it turns out to be a fakeout. Feel free to get in touch we me to find out how I successfully managed to passed a prop firm challenge
    Kill Zones MT4
    Diego Arribas Lopez
    MT5 Version Kill Zones Kill Zones allows you to insert up to 3 time zones in the chart. The visual representation of the Kill Zones in the chart together with an alert and notification system helps you to ignore fake trading setups occurring outside the Kill Zones or specific trading sessions. Using Kill Zones in your trading will help you filter higher probability trading setups. You should select time ranges where the market usually reacts with high volatility. Based on EST time zone, followin
    [ MT5 Version ]   [ Kill Zones ]  [ SMT Divergences ] How to trade using Order Blocks:  Click here Experience the ultimate in trading precision with the  Order Blocks ICT  indicator, designed to empower traders with unparalleled insights into market dynamics. This advanced tool leverages order flow and volume analysis to reveal crucial buying and selling pressures driving price action. Why Choose Order Blocks ICT? Unleash Market Insights: Order Flow Analysis:  Discern buying and selling pressure
    [ MT5 Version ]  [ Kill Zones ]  [ SMT Divergences ] How to trade using Order Blocks:  Click here User Interface Performance:  During testing in the strategy tester, the UI may experience lag. Rest assured, this issue is specific to the testing environment and does not affect the indicator's performance in live trading. Elevate your trading strategy with the  Order Blocks ICT Multi TF  indicator, a cutting-edge tool designed to enhance your trading decisions through advanced order block analys
    ICT Breakers MT4
    Diego Arribas Lopez
    MT5 Version   Order Blocks ICT   Kill Zones   SMT Divergences ICT Breakers The ICT Breakers indicator is a powerful tool for traders looking to gain an edge in the market. This indicator is based on the order flow and volume analysis, which allows traders to see the buying and selling pressure behind the price action. This information can be extremely valuable in identifying key levels of support and resistance, as well as potential turning points in the market. Breaker blocks are areas where in
    [ MT5 Version ] [ Order Blocks ] [ Kill Zones ] [ SMT Divergences ] How to trade using Order Blocks :  Click here User Interface Performance:  During testing in the strategy tester, the UI may experience lag. Rest assured, this issue is specific to the testing environment and does not affect the indicator's performance in live trading. Elevate your trading strategy with the  Order Blocks ICT Multi TF  indicator, a cutting-edge tool designed to enhance your trading decisions through advanced orde
    [ MT5 Version ] [ Telegram Signals ]  MT4 to Discord Signals Connect your broker account with Discord and stop missing important notifications.  Would you like to receive Discord notifications? Are you looking for a simple way to share trade signals with your followers? Do you need to start documenting your trades with an automated trading diary? This utility is simple to use and supports a wide variety of settings: Pick your desired Discord channel and enter its webhook URL Get notified when or
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