Weis Wave 3c Metatrader 4 Forex Indicator

The Weis Wave 3c forex indicator for Metatrader 4 is working in buy and sell waves and connects the high and low waves to each other.

Green histogram bars represent a high wave (price is trending up).

Red histogram bars represent a low wave (price is trending down).

Histogram bars are drawn in a separate Metatrader 4 window below the main activity chart.

Combine this wave indicator with other technical indicators for more accurate trend predictions.

Free Download

Download the “WeisWave3c.ex4” MT4 indicator

Example Chart

The EUR/USD H4 chart below displays the Weis Wave 3c Metatrader 4 forex indicator in action.

Basic Trading Signals

Signals from the Weis Wave 3c MT4 forex indicator are easy to interpret and goes as follows:

Buy Signal: Open a buy trade when the first green Weis Wave 3c histogram bar appears below the main activity chart.

Place a stop loss below the previous Weis Wave 3c low support.

Sell Signal: Open a sell trade when the first red Weis Wave 3c histogram bar appears below the main activity chart.

Place a stop loss above the previous Weis Wave 3c low resistance.

Download

Download the “WeisWave3c.ex4” Metatrader 4 indicator

MT4 Indicator Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: chart window indicator

Customization options: Variable (difference, wave) Width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, Daily, Weekly, Monthly

Type: signals

Installation

Copy and paste the WeisWave3c.ex4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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