MArketwave is a multi-currency indicator that follows the trend and combines the three most commonly used parameters.

Parameters

• Moving Averages
• Bollinger Bands
• Stochastic Oscillator

The parameters are configured to ensure the accuracy of the signals.

Signals

• Thick dark green arrow up – bullish trend
• Thin light green arrow up – buy
• Thick red arrow down – bearish trend
• Thin red arrow down – sale

Recommendations for trading

• Thick arrows indicate the direction of the trend
• Buy and sell using thin arrows only in the direction of the main trend
• Stochastic is used to evaluate overbought/oversold conditions

Timeframe

• M1, M5 – for intraday trading
• H1, H4 – for positional trading

Risk management

• Start with 10% of your account balance
• Use the martingale only when the arrows appear
• The arrows of the opposite color are used as a stop loss