Astral Wave Riding

Trend direction, pullback markers and price context.

A free MetaTrader 5 trend indicator that brings trend-change arrows, pullback-zone markers and Strength, Momentum and Context readings into one workspace for discretionary analysis.

• ATR-based confirmed trend direction
• Separate accepted trend-change arrows and Signals in Trend markers
• Strength, Momentum and Context in Wave View
• Optional previous-session volume profile

Read direction and signals separately.

The ATR-based line follows confirmed direction. Large arrows identify trend changes accepted by the enabled filters; round markers identify optional Signals in Trend events in pullback zones. A line can turn without an accepted arrow, so direction and signal selection should be read separately.

Signals use closed candles and normally become available at the next candle opening, once the required data is ready. Corrected history and changes to settings can change historical results.

Three readings in one workspace.

Strength describes short-term price strength. Momentum shows position within a recent price range. Context shows position within a rolling calendar-day range, seven days by default. The common 0–100 scale helps you compare the readings; the values are not probabilities.

Switch between historical ribbons and curves, and use the panel to inspect current conditions alongside the recorded decision for the last trend change.

Put the volume profile in context.

The optional profile estimates the previous available completed UTC day's volume distribution, including POC and Value Area boundaries. It uses M1 ranges and real volume when available throughout the source session, otherwise tick volume. This is an estimate, not trade-by-trade order flow.

Profile visibility and signal filtering are independent. Check the profile's source date before relating its levels to an earlier signal.

Download and explore on MT5.

Download the free indicator from MQL5 Market and attach its main EX5 from MetaTrader 5 Navigator. Wave View and graphical resources are embedded. Use sufficient broker price history, including M1 history for the profile.

Wave Riding supports discretionary analysis. It does not place or manage orders, size positions or define mandatory stops and targets. Define and test your own entry, exit and risk rules before trading.

Documentation is available on request. Request the Wave Riding manual↗ or use the product's MQL5 comments and private messages for support.