Video Overview
43 min
Ride the Wave: MACD's evolution. Less lag, more precision. Decipher money flow and spot diverging trends with unmatched clarity.
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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 (-40 to -60 and 40 to 60) are critical zones indicating probable momentum shifts, alerting traders to potential reversals for strategic trading adjustments.
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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.
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).
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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.
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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.
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Check out our video where our Founder Looshi takes you through every single feature in our
state-of-the-art TradingMaster Pro/Flow/Wave indicator Suite and a sneak-peak of TradingMaster AI!
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