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Tradebox Documentation
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  1. Indicative AI

TrendWave

Versatile and Powerful Trend Catcher

PreviousPure GoldNextDominance

Last updated 1 year ago

About:

TrendWave incorporates Fast, Medium, and Slow exponential moving averages (EMA), strategically arranged to facilitate trend identification in the market.

Utilizing the crossovers of these EMAs allows for easy trading and the ability to navigate entire market trends.

Corresponding to the prevailing trend, the colors of the candles also undergo changes. Additionally, the indicator highlights Higher High and Higher Low points in the market, providing valuable insights that can be employed in trading strategies.

TrendWave indicative AI uses proprietary algorithms, complex logic and mathematical equations to analyze price movements and identify potential trading opportunities.

Specifications:

  • Market: Forex, Stocks, Crypto, Options, Indices, and Futures

  • Timeframe: 30mn or 1hr for Forex, Stocks, Crypto, 15mn for Index Option Trading

  • Type: Trend & Range AI + Tradebox Algos

  • Trading Style: All (scalping, swing, intraday, and position trading)

  • Assets & Charts: All

  • Setting Rules: None

Note:

By understanding the characteristics of different Tradebox scripts and combining them with other technical analysis tools, traders can develop effective trading strategies and make more informed decisions in the financial markets.

As with any trading tool, it’s essential to test your use of TrendWave Indicative AI to align with your specific trading objectives and risk tolerance.