Description
WaveTrader is Fulgent’s most popular plug-in they have ever released, and is available as an OmniTrader Plug-In. The MetaStock version has been updated to include new systems, stops, and experts designed to help you make consistent profits.
WaveTrader is a combination of Seven systems designed to trade with the trend and “surf” to some valuable gains, and includes:
WT Pivot Change
The WT Pivot Change can help you profit from long-term reversals or short-term pullbacks in the trend. This expert uses the new WT Pivot System to find optimal entry points and then uses the WT Trailing Pivot Stop to manage the trade to catch maximum gains.
WT Breakaway
The WT Breakaway uses a new trading system to detect when potential support or resistance is broken. When this occurs, we often see powerful moves follow.
WT Trending
This is designed to find optimal entry points in the direction of the primary trend and uses the HLLH System to find higher lows for long signals. It has two filters used to identify trend direction and behavior. Trades are managed by using a Fixed Loss Stop to manage risk, a Breakeven Stop to exit if the trade falters early, and a Trailing Profit Stop to manage profits.
WT Long Term
This is based on the HLLH system to find higher lows for long signals and is designed to find long-term trading opportunities. Trades are managed using a WaveTrader pivot stop to manage risk, a Breakeven Stop to exit if the trade falters early, and a Trailing Profit Stop to manage profits.
WT Long Term 2
This uses multiple-sized wave analysis to find long trade opportunities and Wave Fractal Confirmation to improve performance, using minor waves for the initial signal generation while confirming trend direction with significant waves. Trades are managed using a WaveTrader pivot stop to manage risk, a Breakeven Stop to exit if the trade falters early, and a Trailing Profit Stop to manage profits.
WT Short Term
This uses multiple-sized wave analysis to find long trade opportunities and looks to take profits once a trade has received a quick gain, using minor waves for the initial signal generation while confirming trend direction with major waves. Trades are managed using a WaveTrader pivot stop to manage risk and a Fixed Profit Stop to manage profits.
WT eWave
This is designed to find longer-term, position trading opportunities in good trending markets finding the most popular Elliot Wave setups. It uses two different types of Zig-Zag filters – one for signal generation and the other looks for longer-term Zig-Zags in order to help identify the primary trend direction. Trades are managed by using a Fixed Loss Stop to manage risk, a Breakeven Stop to exit if the trade falters early, and a Trailing Profit Stop to manage profits.
Trailing Pivot Stop
Trade Management is something that can’t be stressed enough, and the all-new Trailing Pivot Stop provides your trades with the room to move and continue on their path to profits, yet it also does an outstanding job of exiting the trade at the optimal point.
Included:
- WaveTrader Expert that combines Seven signals
- WaveTrader System Tester
- 8 Explorations
- WaveTrader Chart Template
