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MArketwave is a multi-currency indicator that follows the trend and combines the three most commonly used parameters.
- Moving Averages
- Bollinger Bands
- Stochastic Oscillator
The parameters are configured to ensure the accuracy of the 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
- M1, M5 – for intraday trading
- H1, H4 – for positional trading
- 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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Key Features of Algorithmic Trading Software
26 September 2017
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This is one of the best Indicators I have ever seen and tried on MT. I was sceptical initially looking at the price so decided to rent it out for a month. However the very first day itself, the indicator gave awesome signals and I have already recovered the rent paid many times over and have decided to buy it.
Vijay has been very helpful in guiding me with MArketWave indicator and the product is excellent. I have decided to rent/buy all his products and will post my review. Good luck and thanks for a great indicator