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Box-Front-Diamond Wave

DIAMOND WAVE V2.0

89 USD

Free

Member

Members get a free copy of this product send an email to info@fxquickroute.com and get your copy

  • One-time payment of  89$ (New users)
  • Free (Members)
  • 1(One) license for 1(One) Device/Computer
  • Lifetime Support and Updates
  • Membership starts after 7 days the first purchase. This will entitle you discounts for the next purchase.
  • 7 Days 100% Money Back Guaranteed.
  • Check our Terms for Refund regarding Tool and Systems www.fxquickroute.com/termsofuse/

OVERVIEW

Diamond Wave V2.0
The complete oscillator. A Filter effective in almost every market condition

 

  • This is a filter and trigger type tool
  • Filter because you can determine market strength and momentum based from the main line with respect to the zero line and signal line
  • Trigger because it gives crossover and divergence signals
  • This filter works well in most market conditions
  • Recommended in any trading strategy
  • For beginners, best used on higher timeframes. H1 and above

Diamond Wave

Screenshots

Dual Drive + Diamond Wave

 

  • Combine Dual Drive with Diamond Wave provide powerful confirmation to dual drive signals.

Video

Screenshots

Trend Flow+ Diamond Wave

 

  • Use trend direction to confirm normal and strong pullback signals
  • Confirm Buy Pullbacks with Uptrend Direction (Main Line is Dark Blue)
  • Confirm Sell Pullbacks with Down Trend Direction (Main Line is Dark Red)

Video

Screenshots

FQ TOOLS

 

Tools are not systems. These are indicators used to help in any trading decision and improve the quality of trades. Tools help traders read market better and improve their analysis on market conditions and dynamics.  These tools can be combined with your trading systems to influence judgment.

FEATURES

 

  • Diverse oscillator calculated mainly based on moving average convergence divergence.
  • Supports adjustable settings to suite traders needs
  • Supports 10 Different MA Types
  • Supports 4 different drawing modes
  • Detects regular and hidden divergences
  • Detects cross overs
  • Built in market analysis filter
  • Works on all pairs
  • Works on all timeframes
  • Works on all platforms
  • No Repaint
  • Email/Mobile and Push Notifications Alerts

 

HOW IT WORKS

 

Moving Average Convergence Divergence is one of the best tools used in technical analysis. Combined with other tools, it can be a powerful filter in any trading strategy.

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(1-4) Divergence Signals
(5) Cross Over marks the closing bar where 2 lines crossed
(6) Main Line difference of Fast MA and Slow MA
(7) Signal Line applied MA to Main Line
(8) Analysis Shows current market direction

 

DRAWING MODES

The indicator can be customized into 4 different drawing modes

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  1. Line Mode is the simplest and looks better in showing divergences
  2. Standard Mode looks better in showing trend strength and direction
  3. Line With Histograms looks better in showing momentum and divergences
  4. Standard With Histogram looks better in showing trend strength and momentum

 

TREND DIRECTION

Trend direction is determined by the main line with respect to the signal line and zero level

Uptrend = 1. Main Line above zero level 2. Main Line sloping up 3. Main Line above signal line

Uptrend Correction = 1. Main Line above zero level 2. Main Line sloping down or below signal line

Downtrend = 1. Main Line below zero level 2. Main Line sloping down 3. Main Line below signal line

Downtrend Correction = 1. Main Line below zero level 2. Main Line sloping up or above signal line

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(1) Dark Red Main Line Indicates Downtrend
(2) Light Red Main Line Downtrend Correction
(3) Dark Blue Main Line Indicates Uptrend
(4) Light Blue Main Line Uptrend Correction

 

 

HISTOGRAM & MOMENTUM

Histograms are calculated from the difference of the main line and signal line. This reacts to price action faster indicating momentum. Momentum is effective for scalping strategies

Blue Histograms = Bullish momentum (Sloping Up)

Red Histograms = Bearish momentum (Sloping Down)

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(1) Red Histograms Bearish Momentum
(2) Blue Histograms Bullish Momentum

 

 

CROSS OVERS & TREND CHANGE

 

Dots are used to mark the last closing price when the main line crosses the signal line. Cross overs can be used as an early indication for trend change.

Blue Dots = Bullish Cross Over

Red Dots = Bearish Cross Over

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(1) Red Dot Bearish Cross Over
(2) Green Dot Bullish Cross Over
(3) Bullish Crossover as entry point for the new uptrend

 

 

DIVERGENCE

Divergences are leading indications that warn possible reversal or trend continuation. The indicator detects the proper regular and hidden divergence formations.

R = Regular Divergence (Usually indicates trend reversals)

H = Hidden Divergence (Usually indicates trend continuation)

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(1) Bullish Hidden Divergence
(2) Bullish Regular Divergence
(3) Bearish Regular Divergence
(4) Bearish Hidden Divergence

Settings per timeframe and pair can be different from one another to achieve better results.

 

Vars2

Settings

 

Popular setting uses Fast=12, Slow=26, Signal=9, Shift = 0, Method = Exponential, Price = Close

 

Analysis

 

Analyzes current trend direction. Background colors also change depending on overall trend bias.

 

 

 

1. What is this type of tool?

Diamond wave is a filter and trigger type. Filter because it enables you identify the strength of the trend. Trigger because it gives divergence and cross over signals.

 

2.  How does the tool work?

Calculated mainly using moving average convergence divergence. Identifies trend’s strength and weak points and gives divergence signals.

 

3. What strategy fits the tool?

Trend and scalping strategies but ultimately can fit with any strategy depending how the tools were used.This tool can be used to confirm Trend Flow signals. Divergences used to confirm Dual Drive signals.

 

4. What time frame and pairs can it be used?

It works in all time frames and in all pairs.

 

5.Does it repaint?

No, it does not. Calculation of signals are made after the close of the current bar. If you experience repaint it means the broker has manipulated its past price feed which can cause all indicators to repaint. if the tool stops working, it may also mean that you have lost your internet connection since our tools require live connection from our servers.

 

6. Does the tool require internet connection?

Yes, because part of the code is stored in our main server and needs connection to authenticate.

 

7. How Licensing Works?

1(One) License for 1(One) PC/Device but you can use in unlimited MT4 Trading Accounts/Platforms You can transfer your license from another device if desired. If you want to have 2 or more Devices working simultaneously, You can avail succeeding licenses 30% off the original price. Just email us for invoice. We offer lifetime support and updates to all our products

 

8.What is the win rate?

Diamond Wave’s win rate will depend on how the tools were used applied with proper trade and money management.

 

9. Do you offer money back guarantee?

Yes, we offer 7-day money back guarantee.