How to use the Median indicator and Wave indicator combined

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How to use the Median indicator and Wave indicator combined

1-hour chart, the median indicator will give you a short-term trend direction for any pair. Please load the Wave indicator to the chart. The Wave indicator shows you order-open level and take-profit levels clearly.

On the 1-hour chart, we see the red (long - buy) trend line with the median indicator. At the same time, the wave indicator draws waves that the Wave colors transition from red to yellow according to this trend.

When the wave indicator is red and wave draw a red line under the median red line. You can open buy positions. And when the wave indicator color change to the yellow line when the above the median line. You can make a profit.

If the median indicator trend is red and the wave indicator line is yellow don't open any position. At the same time, red waves above the red median trend line mean, the trend goes on.

Under the red median trend line, the buy-order could be opened when a red wave occurs.

Above the yellow median trend line, the sell-order could be opened when a yellow wave occurs.

The waveform display gives you precise order opening and closing points. Licensee followers can request free wave indicators by email. The wave indicator works only with MT5.

The Wave Indicator gives the best results on hourly and weekly charts.

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