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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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