Trendwave

Trend-wave advanced algorithm that detects new trends and current trend continuations for use as an entry strategy.

The indicator displays trading statistics and entry signals with green (buy) and red (sell) arrows.

MT4, email and push alerts can be enabled.

Never repaints signals.

Features

• Trading statistics;
• Very simple to use;
• Unique strategy;
• MT4, email and push notifications;

Strategy

• SELL ENTRY: enter on red arrow;
• SELL EXIT #1: fixed SL and TP or additional indicator;
• BUY ENTRY: enter on green arrow;
• BUY EXIT #1: fixed SL and TP or additional indicator.

Inputs

• Candles in history to draw: number of candles in history to use for calculations;
• Virtual Fixed SL: user defined fixed SL to use for statistical analysis;
• Virtual Fixed TP: user defined fixed TP to use for statistical analysis;
• Maximum Active Signals Per Instrument: Indicator won't display more signals till previous ones are closed either by Virtual Fixed TP or Virtual Fixed SL;
• Maximum Active Buy Signals Per Instrument: Indicator won't display more buy signals till previous ones are closed either by Virtual Fixed TP or Virtual Fixed SL;
• Maximum Active Sell Signals Per instrument: Indicator won't display more sell signals till previous ones are closed either by Virtual Fixed TP or Virtual Fixed SL;
• Enable alerts;
• Enable Email Notification;
• Enable Push Notification.

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