Introduction


Struggling to catch reliable trends without getting faked out by market noise? You’re not alone. Many traders chase signals that are either too late or too early—resulting in whipsaws, overtrading, and losses. That’s exactly where Trend Wave Indicator V1.0 for MT4 comes in clutch.


This smart trading tool is built for any timeframe and all major forex pairs, offering clear, actionable signals based on price momentum and wave patterns. Whether you're a swing trader on H4 or a scalper on M5, Trend Wave adapts seamlessly to your strategy.


Ready to surf the market with confidence? Let’s dive into how this indicator helps you catch big trends early—without the guesswork.


Overview: What Is the Trend Wave Indicator V1.0 MT4?


The Trend Wave Indicator is a momentum-based visual tool designed for MetaTrader 4. It detects bullish and bearish waves, giving you simple and clean signals to enter or exit trades. Unlike traditional indicators like RSI or MACD that can be confusing or lag too much, Trend Wave presents data in a straightforward way—ideal for both beginner and advanced traders.


It doesn't repaint, doesn’t lag much, and works across any timeframe. So whether you're eyeing a quick 20-pip move or a multi-day swing, this tool’s got your back.


Bonus? It works on all major pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, and more. It even plays well with gold and crypto if your broker supports them.


Key Features of Trend Wave Indicator V1.0



  • Timeframe Flexibility: Use it on M1 to D1 and beyond. Scalpers, day traders, and swing traders can all benefit.

  • Multi-Pair Compatible: Works best on major pairs but fully functional on any currency, metal, or CFD chart in MT4.

  • Wave Momentum Logic: Calculates wave-based momentum shifts for trend detection.

  • No Repainting: Signals stay where they are—no sneaky changes after the fact.

  • Entry/Exit Suggestions: Visual cues for entering on pullbacks or riding new breakouts.

  • Clean Interface: No cluttered overlays—just one clean sub-window for signal clarity.

  • Buy/Sell Zones: Highlights overbought and oversold areas, similar to oscillators but optimized for trend detection.

  • Color-Coded Signal Bars: Instantly recognize bullish or bearish momentum.

  • Alerts Enabled: Get notified when trend shifts occur—mobile or desktop.

  • Zero Lag UI: Lightweight coding ensures MT4 doesn’t freeze or slow down.

  • Free Download on FxCracked.org: Yup, completely free to use and share.



How Does Trend Wave Work?


Unlike basic moving average crossover systems, Trend Wave detects real-time momentum shifts in the market based on price wave strength.


 Buy Signal



  • When the wave line moves from oversold to bullish territory and is color-coded green.

  • Often confirms after a small pullback—ideal entry for a continuation move.


 Sell Signal



  • When the wave moves from overbought to bearish zones and turns red.

  • Often seen after a price spike, giving you a great chance to catch the retrace.


 Neutral/Sideways




  • Flat or yellow-colored wave areas suggest consolidation. Good time to wait or exit trades early.




Timeframes & Supported Currency Pairs


The Trend Wave Indicator V1.0 is incredibly flexible when it comes to trading style. You can use it across any timeframe, from the ultra-fast M1 and M5 charts for scalping, all the way up to H1, H4, or even the daily (D1) timeframe if you're into swing or position trading. It adapts smoothly without any lag, so whether you’re chasing quick pips or planning longer trend trades, the indicator responds well to your strategy.


When it comes to currency pairs, it works beautifully on all major forex pairs—including EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD, USDCAD, and others. It also performs well on cross pairs and commodities like gold (XAUUSD). Some traders even report solid results using it on crypto assets like BTCUSD when offered on MT4 platforms. The indicator doesn’t discriminate—it simply reads price momentum and translates it into actionable trend signals.


Use Case Example


Let’s say you’re trading GBPUSD on the H1 chart.


You notice the trend wave rising from the oversold level (green color), and price just broke a recent resistance zone. That’s your buy signal. You enter the trade with a tight stop and ride it until the wave peaks into the overbought zone (red color). Boom—20–50 pips locked in, depending on volatility.


Rinse and repeat on multiple pairs, multiple timeframes. It’s that simple.


Why Traders Love Trend Wave Indicator



  • Beginner-Friendly: Even if you’re new to trading, Trend Wave simplifies analysis.

  • Great for Confluence: Pair it with indicators like Bollinger Bands, RSI, or MA for stronger confirmations.

  • Less Noise: Filters out choppy micro-moves that other indicators falsely signal.

  • Alerts Save Time: Let the tool ping you when a trend is forming—no need to stare at charts all day.

  • No Black Box Logic: Visual, intuitive signals. You understand what it’s showing.



How to Install Trend Wave Indicator



  1. Download the ZIP from fxcracked.org

  2. Extract the file and copy TrendWave.ex4 

  3. Restart your MetaTrader 4 platform.

  4. Drag the indicator onto any chart and timeframe.

  5. Customize inputs (optional) or use default settings.


You’ll instantly see the signal window and can begin spotting trade opportunities.


Performance Tips



  • For Scalping: Use on M5 or M15 with EURUSD or USDJPY.

  • For Swing Trading: Use on H1 or H4 with GBPUSD or AUDUSD.

  • For Position Trading: Use on D1 with pairs like EURJPY or USDCAD.

  • Combine it with trendlines, S/R zones, or price action for enhanced precision.

  • Don’t trade during major news releases—the wave can get distorted during extreme volatility.


Support & Contact


Need help installing or configuring the Trend Wave Indicator?



Our team is active and happy to help troubleshoot or offer strategy tips!


Final Thoughts: Is Trend Wave Worth Using?


Absolutely. For a free forex indicator, Trend Wave V1.0 punches well above its weight.


It’s easy to read, works on all major pairs, adapts to any timeframe, and gives fast, reliable trend signals that can supercharge your entry/exit accuracy.


Perfect for both beginners and seasoned pros who want a no-nonsense trend confirmation tool in their arsenal.


So… why not give it a go?


Call to Action


Download Trend Wave Indicator V1.0 for MT4 from fxcracked.org now.


Don’t trade blind. Ride the wave with precision. 


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Happy Trading