“Easy Sine Wave” indicator is new metatrder indicator developed to detect overbought or oversold trade setups. The indicator is searchingfornew signals at the market, as “Easy Sine Wave” findsthe end of trends andthe beginning of new trends.
It works on ranging markets and also trending markets, as the indicator draws automatically strong support and resistance levels.The traders could easily use the market turning points for trade setups with high profit potential.
“Easy Sine Wave” forex system drawing waves below the chart, as you can see on the image above. When the two lines crossed each other, this is signal for market turning points. With this indicator you can detect in what situation is the market – range or trend, so this should improve your trading profits and skills.
As you can see on the image above, the indicator will showto traders pullback levels, where the trend could continue and also where the trend could end. This is very important for all traders, because traders will know where to put target and stop loss.
For example, here is how the indicator helps traders to detect pullbacks on AUD/USD.
As you can see on the image above, this is 4-hour timeframe chart on AUD/USD. You see how the blue line crossed the red line and also indicator show pullback signal and target. As you can see the market respect the indicator’s levels each time.
“Easy Sine Wave” could be combined with other indicators to confirm the signals. For example traders could use volumes. The increase in volume means a valid market turning point.
The best thing about “Easy Sine Wave” indicator is that it works on all timeframes and all instruments such as forex, futures, stocks, indices and others, so the traders could trade with no doubts.
– Easy Sine Wave MT4 indicator
– Easy Sine Wave Manual
– Your personal license will cover one demo account and one “live” account.
– It will never expire and there are NO “monthly fees” or any other recurring charges for use
File type and requirements:
-This is a digital item! (DOWNLOAD LINK)
-You will Need: MetaTrader 4.0 platform.
– The files you’ll get is ZIP archive.