Trend Wave

Trend Wave - a modern shopping tool, trend indicator is based on support and resistance levels.

• Indicator Trend Wave is designed to active trade at any time


• Indications Trend Wave not late


• The indicator signals the beginning of a new candle

What does Trend Wave

• In the window display shows the current number of support and resistance levels, and the overall trend


• The white line shows the instantaneous trend.


• In the main window graphics colored arrows displaying the latest operating support and resistance levels. It also helps keep track of the trend.

Indicator Trend Wave works

• On any timeframe


• FROM any tool


• With any broker

Features indicator Trend Wave

• Histogram of current support and resistance levels


• The middle line of support / resistance


• Colored arrows support / resistance


• indication of reversal

Application indicator Trend Wave

Very easy to set up.

• Start on the graph indicator


• Choose the color of the arrows.


• Follow the trend to spread (white line extends beyond the boundaries of the main trend)

What You Should Know

• Do not take colored arrows as an indication of a "transaction", as they show the support / resistance. They will disappear in case of breakdown of support or resistance will only no penetration levels; This is the concept of "The Wave".


• If you plan to use the arrows as indicators of the deal, I recommend using a very small lot for each transaction (risk of 1% is enough)

Input parameters

• Arrow Up: Arrow color up


• Arrow Down: Down arrow color

buffers

• TrendLine: Buffer 0 - average value of the white line


• None: buffer 1 is only used for calculations


• None: buffer 2 is only used for calculations


• TrendUp: a growing trend, the buffer 3 - green histogram support


• TrendDn: the falling trend buffer 4 - red histogram, resistance

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