Wave, Stochastic and exhaustion areas
Wave Line, Stochastic Wave Line and Zero Line

The Wave Line, is quicker than the traditional MACD, and paired with a slower Stochastic Wave Line which fluctuate above and below a zero line. When these lines cross, it hints at a shift in momentum, either upward or downward.
When both the Wave Line and the Stochastic Wave Line are situated above or below the zero line, the momentum it carries is often significantly stronger.

Exhaustion Areas

Exhaustion Areas (-40 to -60 and 40 to 60) are critical zones indicating probable momentum shifts, alerting traders to potential reversals for strategic trading adjustments.


Momentum Shifts and Phases
Bullish and Bearish Phases

Much like the MACD, the TradingMaster Wave helps identify market phases with ease. A Bearish Phase is marked when the Wave is below the zero line, indicating a likely downtrend. Conversely, a position above the zero line signifies a Bullish Phase, hinting at a potential uptrend.

Momentum Shifts

Wave uses color codes to indicate momentum shifts: Green signifies Bullish Momentum above zero, Red marks Bearish Momentum below zero, Purple illustrates Bearish Momentum during a Bullish Phase (above zero), and Blue indicates Bullish Momentum during a Bearish Phase (below zero).


Swing Highs/Lows and Divergences
Swing Highs/LowS

Wave clearly delineates swing lows and highs, signaling potential trend reversal points. This visual representation facilitates quick and efficient market analysis for strategy formulation.


Wave Divergences occur when the price of an asset and Wave trends in opposite directions. This can signal a potential reversal in the market trend. A Bullish Divergence happens when the price reaches a Lower Low while Wave makes a Higher Low. Conversely, a Bearish Divergence is noted when the price records a Higher High, but Wave achieves a Lower High, indicating a potential downward trend.


Money-Flow Index
Inflow/outflow & bearish/Bullish Money-Flow

The Money-Flow Index (MFI) helps track market sentiment. A value below zero suggests a bearish market and potential price drop, whereas above zero indicates bullish prospects and a possible price rise. Furthermore, a rising MFI hints at a growing buying interest, forecasting a potential uptrend, while a falling MFI signals increased selling activity, indicating a probable downtrend in the market.