TrendWave – Elliott wave analysis with an advanced indicator

TrendWave indicator: application, settings, template, trading strategies

TrendWave is an indicator that combines the functions of a trend tool and an oscillator. Its algorithm is based on two Moving Averages, whose meeting at the key levels delivers a signal to buy or sell (the algorithm itself is a bit more complex).  TrendWave can be used alone but is more efficient, as all oscillators work,  in combination with other indicators. From this review, you will learn general information about the indicator settings and parameters, its work principle, you will also get familiar with its application in forex trade, and with the…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>