Trend Waves Indicator

Trend Waves Indicator

$169.00
{{option.name}}: {{selected_options[option.position]}}
{{value_obj.value}}

1. Overview   The trend waves indicator makes trending trends and reversals much easier.  At first glance, it looks a bit like a Keltner channel, but it actually is very different. The indicator can be used by trend traders looking to trade the next pullback with the trend, but also by reversal traders.  1.1 Custom coded center-line indicating the trend At the base, we see a color-coded center line which indicates if the trend is up, down, or flat. This centerline has been custom programmed and is not a simple moving average. Notice how it stays flat when the market is choppy and starts moving up or down when markets start trending. This alone helps you to stay out of those tricky choppy markets where lots of traders give back all the money they earned earlier.   2. ATR based outer bands Next, we see 2 outer bands. These bands are placed at a user-defined ATR offset from the trendline. So when volatility picks up and the market starts swinging more wildly these bands will move further

Show More Show Less