MotiveWave Trading Indicators
Improve your edge in the market with our studies specifically designed for MotiveWave
Explore the indicatorsVolume Plus
The Volume Plus study for MotiveWave is the ultimate volume indicator. It gives you a visual display of relative volume on the chart and displays significant volume changes directly on the candle bars. This is massively helpful for assessing market sentiment. If there is one single indicator that I would consider essential for any trader who uses volume data, this would be it.
- Plug and play replacement for the built-in volume bars
- Useful for reversal trading, breakout trading, and momentum trading
- Clearly identify high-probability trade entries or market conditions to avoid
- Many customization options
OBV Plus
The OBV Plus indicator for MotiveWave can be used for measuring buying and selling pressure and for finding divergences in volume and price. Since it is based on volume, it is often a leading indicator.
- The classic OBV (On Balance Volume) but on steroids, has a custom formula that takes momentum into account
- Great for gauging the momentum of the market and identifying price exhaustion
- Can be used as a leading indicator to help you anticipate market movements and identify market sentiment
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