MastersOfTrading

MoT - [Analyst Pro] - Wave Count

**THE INDICATOR**

Wave Count works hand in glove with WhippTrend. The indicator as the title suggests counts waves. For this example we have the Indicator counting the Daily chart as the master time frame and as we have the 4hr chart activated it tells us how many waves of the 4hr WhippTrend are in one wave of the Daily WhippTrend wave. It calculates the average. As you will see in the example, this current wave of the Daily Chart has 5+ current waves running on the 4hr.

**THE CHART**

BTCUSD on the 4 Hourly Time Frame


**ON THE CHART INDICATORS**

- In the Top Panel, we have the Crypto Coefficient.

- On the chart we have Market Phases which shows you if the market is ranging, trending long, or trending short, short-term as well as long-term, in this instance we can see short and long term are trending long

- The Bottom three Panels are WhippTrend (4HR and D) and Wave Count. Wave Count gives you the average Wave Count for Whipp Trend in relation to a higher Time Frame and the current Time Frame as described above.


**MASTERS OF TRADING**

Many Thanks and Trade Safe!

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Invite-only script

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