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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
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