Wave Trend Pro
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Product Description
Unlock a new dimension of trading with Wave Trend Pro – your indispensable companion for making precise decisions in the dynamic world of financial markets.
Why choose Wave Trend Pro? Let's delve into the compelling reasons:
- Reliable signals: Trust in the signals generated by the interaction of the dual WaveTrend lines. Wave Trend Pro provides a robust foundation for your trading strategy, offering reliability in every market scenario.
- Adaptability: Stay ahead of the curve in any market condition. Wave Trend Pro dynamically adjusts to the changing dynamics of the market, ensuring that your strategy remains sharp and responsive.
- Ease of use: Whether you're a seasoned trader or just starting, Wave Trend Pro welcomes you with a user-friendly interface. Customizable options cater to traders of all levels, making the indicator accessible and intuitive.
Key features
- Dual WaveTrend lines: Wave Trend Pro utilizes two lines – WaveTrend Fast and WaveTrend Low, calculated using the traditional WaveTrend indicator formula. The synergy between these two averages is the heartbeat of the indicator, driving the generation of precise signals.
- Overbought and Oversold areas: Navigate extremes with confidence. Wave Trend Pro introduces overbought and oversold conditions, featuring Upper and Lower thresholds. These thresholds serve as crucial criteria for signal generation, providing clarity in moments of market intensity.
- Histogram visualization: Plotted above or below the zero line, the histogram bars' height reflects the distance between the WaveTrend Fast and WaveTrend Low lines. These visual cues enhance your understanding of trend dynamics.
- Customization: Tailor Wave Trend Pro to fit your trading style. Smooth the WaveTrend lines based on your preferences to filter out short-term fluctuations or noise in price movements. Take control by adjusting the Upper and Lower thresholds to fine-tune the number of generated signals.
Signal generation
The signal generation process of Wave Trend Pro involves the analysis of the interaction between fast- and slow-moving averages, along with considerations for volatility.
- Bullish signals: Occur when the two moving averages cross below the Zero line, within the oversold zone, and beneath the Lower threshold. A clear indication of potential upward momentum.
- Bearish signals: Occur when the two moving averages cross above the Zero line, within the overbought zone, and above the Upper threshold. A signal that the market might be due for a bearish turn.
Divergence-based signals
If you're inclined towards the divergence trading style, consider pairing Wave Trend Pro with Divergence Engine$. This dynamic combination makes obtaining divergence signals effortless, with Divergence Engine$ handling the intricacies for you.
Contact us for a special discount if you're interested in the powerful duo: Wave Trend Pro and Divergence Engine$.
Wave Trend Pro is not just an indicator; it's your strategic ally in navigating the complexities of trading.
Elevate your precision, seize control, and embrace success with Wave Trend Pro today!
Dedicated NinjaScript Signals
- Signal_Trade: 1 = bullish, -1 = bearish, 0 = no signal
Usability
Ready to use out of the box
Fully configurable & customizable with ease
45 Days ninZaExchange
If you are not satisfied with an indicator you’ve bought, you may request us to replace it with another indicator of the comparable price for you.
Software Changelog
Oct 20, 2023
A minor issue was fixed.
Oct 13, 2023
A minor issue was fixed.
Oct 10, 2023
The indicator was released (built new).
Product Media
How to Install?
Step by step guide on how to install the indicators
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Because software products may be copied and stored easily, we will NOT issue refunds of any kind. ALL SALES ARE FINAL & NON-REFUNDABLE!
Futures, foreign currency, and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
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