WavesMaker

The main function of the indicator - building wave marking on the basis of the levels reached maxima and minima of the older, small and medium periods. Probably wave end point begins to be drawn, if the price goes pledged to adjust the distance of the deviation and is considered formed when the last close of the candle made on the new extremum compared to the previous candle. Itself to start the display digits of a given period is not a signal. It is necessary to wait for confirmation of the end of the wave in the form of forming a reversal or reversal candle combination "squat" Squat bar. Particular importance attaches to signal the presence of divergence and the turning bar.

The basic rule when working with an indicator:

Do not buy into the sales area when the display shows the number 3 in a red circle. Accordingly, sell, and when the market resold formed firmiruetsya or green zone, designated the triple in the green circle.

The graph should be present alternating red and green zones in wave markup. Vertical lines on the chart outline the beginning of such zones. Lines connecting the extrema are trendlines channels.

Other developments from the iTC:

• Modified Awesome Oscillator


• Modified Accelerator Oscillator


• Recognizer 1 2 3 Patterns


• Spread and swap monitor


• Virtual pending sell stop order


• Virtual pending buy stop order