Trend Wave Indicator V1.0 MT4 – Catch Market Swings Early


Ever entered a trade... just in time to watch the trend reverse against you? Yeah, we’ve all been there. Timing is everything in forex—and the Trend Wave Indicator V1.0 for MT4 is here to help you time it right.


Developed for MetaTrader 4 by the experts at YoForex, this tool is designed to detect trend exhaustion and early reversal signals, giving you a serious edge in ranging and trending markets alike. And the best part? It works across all major forex pairs and on any timeframe—from the fast-paced M1 chart to the chilled-out D1 swing trades.


Oh, and did we mention it’s 100% free to download on ForexFactory.cc? Let’s dive in.


Overview: What is the Trend Wave Indicator V1.0?


The Trend Wave Indicator V1.0 is a custom oscillator-based tool that helps traders identify:



  • Overbought and oversold zones,

  • Hidden divergence setups,

  • And likely trend reversals.


While it may resemble common indicators like Stochastic or RSI on the surface, this baby is fine-tuned with adaptive smoothing logic—meaning it reacts faster than traditional oscillators, but without repainting like some junk indicators out there.


YoForex has back-tested it across EURUSD, GBPUSD, USDJPY, AUDUSD, and more, and the performance has been ????. It’s especially powerful when used with price action and support/resistance zones for confluence.


Key Features


Here’s why traders are loving the Trend Wave Indicator V1.0 MT4:


• Universal Pair Support – Works perfectly on all major pairs including EURUSD, GBPUSD, USDJPY, AUDCAD, and more.
• Any Timeframe Friendly – From M1 scalping to H4 swing setups, this indicator adapts seamlessly.
• Non-Repaint Logic – What you see is what you get. Signals don’t vanish after price moves.
• Overbought/Oversold Signals – Highlights when price is exhausted and likely to bounce.
• Wave-Based Momentum Reading – Combines multiple time wave data for smarter trend prediction.
• Built-in Divergence Detection – Hidden bullish/bearish divergence setups marked automatically.
• Minimal Lag – Reacts faster than RSI/Stoch with smoother wave plotting.
• Visual Simplicity – Clean, color-coded histograms and signal lines—no messy arrows everywhere.
• Lightweight – Uses minimal CPU. No lag, even with multiple charts open.
• No DLLs or External Libraries – Safe, fully open code.
• Free Lifetime Updates – Powered and maintained by the YoForex team.



How It Works 


Once you drop the Trend Wave Indicator onto your chart, you’ll see a two-line oscillator appear in the sub-window below. The logic is pretty straightforward:



  • When the wave line crosses above 60, it signals a possible overbought area.

  • When it drops below 40, it enters oversold territory.

  • Look for crosses of the signal line to confirm trade direction.

  • Divergence between price and the wave indicator often hints at upcoming trend reversals.


It’s not a “buy/sell now” kind of tool—it’s better used as a decision filter to confirm your manual entries or other strategies.


Use Cases: Scalping, Swinging, and Everything In Between


One of the best things about the Trend Wave Indicator is how versatile it is. Here’s how traders are using it:



  •  M1/M5 Scalping

  • Great for short-term trades where timing the wave peaks and dips is crucial. Pair it with candle patterns or support/resistance.

  •  H1 Intraday

  • Catch early signs of fading momentum. It can give you a 2–3 candle head start before a reversal fully confirms.

  •  H4/D1 Swing Trades

  • Perfect for holding trades 2–5 days. Combine divergence signals with Fibonacci levels or pivot zones for high-probability entries.


Backtest & Real User Feedback


The YoForex dev team ran simulations of the Trend Wave Indicator on EURUSD, GBPUSD, and AUDUSD over a 12-month span.


Key Results:



  • Average Win Rate (when used with confluence strategy): 68%

  • Best Timeframe: H1

  • Drawdown: Minimal (indicator is passive—not a full trading system)

  • Trade Frequency: 2–5 signals per session


And hey, it’s not just theory. Real traders have been using it live:


Installation & Setup (Takes 2 Mins Max)


Ready to add it to your chart? Follow these quick steps:



  1. Download the Trend Wave Indicator V1.0 MT4 from ForexFactory.cc.

  2. Open MT4 → Click File → Open Data Folder.

  3. Navigate to MQL4 → Indicators.

  4. Paste the .ex4 or .mq4 file into that folder.

  5. Restart MT4.

  6. Drag Trend Wave from the Navigator panel onto any chart.


Want a visual walkthrough?



Why Choose YoForex Indicators?


Let’s be real—there are a million indicators out there. But only a few are built by active traders who also care about user experience.


YoForex offers:



  • Free lifetime updates

  • Transparent changelogs

  • Direct support via WhatsApp & Telegram

  • No hidden paywalls or “upsells”

  • Built-in backtest logic for every product


Every tool listed on ForexFactory.cc is verified, optimized, and completely free—coz good trading tools shouldn’t cost a fortune.


Need Help?


Whether it’s install issues or strategy questions, we’ve got you covered:



YoForex’s community is active 24/7, and you’re welcome to ask, share, or just chat.


Download Now – No Signup Needed


Click below to download your copy of Trend Wave Indicator V1.0 MT4 for free:


Download Trend Wave from ForexFactory.cc


Get started today, ride the market waves smarter—and say goodbye to chasing trades too late.


YoForex – Empowering traders worldwide, one free tool at a time.


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Happy Trading