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TDU Wicked Wave

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TDU Wicked Wave

$199 | Lifetime license + updates

The TDU Wicked Wave is our flagship custom built oscillator showing traders entries for both continuation and reversal trades

  • Overview
  • Requirements
  • License terms

Overview

Overview

The TDU Wicked Wave is our flagship custom build oscillator. By taking and combining all the best parts from well known oscillators such as the RSI, QQE, MACD and Stochastics, the TDU Wicked Wave can be used by traders to spot suitable entries for both continuation and reversal trades.

How it works

The oscillator is made up of two main parts, the Wicked Wave histogram and the blue trend line.

The histogram.

When the histogram is below 0 we're looking for short trades only and vice versa when the oscillator is above zero we're looking for long entries.

The coloring of the histogram shows how strong the trend is. Lime green / Red means the trend is in a strong up/down trend, an indication that we should be looking for continuation trades. Dark green/dark red means a reversal is coming and if the histogram is white it means that the trend is changing.

The blue trend line.

The blue line shows if the trend is up or down. If the blue line is above the histogram then we're in a downtrend, if it's below the blue line then we are in an uptrend. By using the blue line to determine the trend, we can use the histogram to find continuation or reversal trades. For example when the blue line is below the histogram (up trend) and we see the histogram going from green->white->green we can safely enter a continuation trade long.

Key Features

- Custom built oscillator

- Signals entries for both reversals and continuation trades

- Paint bars

Requirements

Requirements

To use this indicator you must have a valid copy of NinjaTrader 8. License allows use of this indicator on a single trading computer validated using your machine ID.

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NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein, or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service

License terms

License

Licensing includes lifetime use of this indicator on a single trading computer. Lifetime support and updates are included and provided through the TradeDevils website. Download of your indicator and verification of your NinjaTrader 8 machine ID can be done through your personal TradeDevils account. If you change hardware, license can be moved to a different machine ID. If you have any questions about this indicator or others feel free to get in touch with us using the live chat or via our email address (indicators@tradedevils.com)

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