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Overview
Waves Follower has emerged as a reputable name in the realm of Forex software. This tool is designed to provide signals when the probability of a trend commencing is high. The software employs a combination of indicators to calculate these entry points, including Moving Average, ADX, and RSI, along with support and resistance points.
Functionality and Unique Features
Waves Follower is a trend follower software that doesn’t determine the Take Profit (TP) as it’s not deemed necessary. Instead, the software leverages the stop-loss trailing system. The software does determine the Stop Loss (SL), but manual intervention is required to move it since this software is not an Expert Advisor.
The software offers a simplistic user interface, making it easy to use, even for those relatively new to Forex trading. It is recommended to use in M30 time-frame or higher (M30, H1, H4, D1), and can be integrated with other indicators or trading systems to improve trading results.
Indicator Parameters
The software comes with a variety of adjustable parameters, providing flexibility for traders to tweak according to their trading strategies. These parameters include:
- Trade Method: Users can choose between Short-Term, Mid-Term, and Long-Term trading strategies.
- SL Price Label Color: Users can set the color of the stop-loss label to their preference.
- SL Line Color and Style: Traders can customize the color and style of the stop-loss line.
- Alert: This feature can be toggled ON or OFF as per user preference.
- Sending Push Notifications: This feature can also be toggled ON or OFF. It allows users to receive notifications regarding trade signals.
Community and Learning
Upon purchase, users are added to the “Waves Follower Group”, where they can share their experiences and learn from other users. Additionally, a comprehensive guide file is provided to help users understand the software’s functionalities better.
For those interested in independent testing of the Waves Follower software, it’s possible to find such tests on the forexroboteasy.com website. Users can also subscribe to updates on the testing results for this product.
FAQs
Is Waves Follower easy to use?
Yes, Waves Follower offers a straightforward interface. Even if you’re a beginner in the world of Forex trading, you’ll find it user-friendly.
Can I customize the features of Waves Follower?
Yes, Waves Follower comes with several adjustable parameters that allow you to customize the software to suit your trading strategy.
Where can I find independent testing results for Waves Follower?
Independent testing results for Waves Follower can be found on the forexroboteasy.com website.
Waves Follower stands as a reliable tool in the Forex software market. Its combination of high-trend Forex strategies and customizable parameters make it a valuable addition to any trader’s toolkit. We invite readers who’ve used Waves Follower to share their experiences and insights.
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