The trend determination is based on ZigZag indicator. An each trend is marked with rectangle with different colors. The information about trend (h-size, v-average volume, s-speed in pips/hour) is displayed in the upper/lower corners. The current trend is considered from the beginning of the last rectangle.
MT4 Indicator Download – Instructions
Analysis of the waves is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Analysis of the waves provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install Analysis of the waves.mq4?
- Download Analysis of the waves.mq4
- Copy Analysis of the waves.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on Analysis of the waves.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Analysis of the waves.mq4 is available on your Chart
How to remove Analysis of the waves.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
MT4 Indicators Download below: