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8 Waves Metatrader 4 Indicator

    The 8 Waves Forex indicator for MT4 consists of 8 different waves (red, orange, yellow, lime, blue, dodgerblue, darkviolet, dimgray) with 0.00 neutral level.

    It moves between 0.0115 max. level and -0.0115 min. level.

    Trading Signals

    Buy: Wait for the red wave to cross above all the other waves from below.

    Sell: Wait for the red wave to cross below all the other waves from above.

    Indicator Preferences

    Currency pairs: any
    Preferred Time frames: any
    Sessions: Any


    Download the waves-indicator.mq4 indicator.

    Configurable Indicator Options


    GBP/USD 4 Chart Example


    How to install the 8 Waves custom indicator in Metatrader 4?

    • Download the waves-indicator.mq4 indicator to your computer.
    • Open your Metatrader 4 platform.
    • Open the data folder from the top menu.
    • Open the MQL4 folder.
    • Open the indicators folder.
    • Paste the indicator file in this folder.
    • Restart the trading platform.
    • Open any trading chart.
    • Attach the indicator to the chart.