Market Way - combined trend and momentum framework (MT4)

Market Way blends trend detection, momentum and volatility context into one tool so you can spot continuations, early reversals and false breakouts on MetaTrader 4. Depending on your build it can plot lines or histograms, color flips, levels and optional alerts.

What it shows

• Bias: green or positive readings - bullish conditions; red or negative - bearish conditions.
• Flips: color flip or zero cross - momentum regime change.
• Exhaustion and divergence: price prints HH or LL while Market Way lags - watch for reversals.
• Alerts on flips, crosses and new extremes if available.

Trade ideas

1. Trend pullback: trade with the trend when Market Way holds the confirming side and turns back after a pullback.
2. Breakout validation: only take a breakout if the tool stays aligned and strengthens after the break.
3. Reversal with divergence: wait for zero or signal cross to trigger.
4. Multi TF: higher TF for bias, lower TF entries when price and Market Way flip together.

Inputs that matter

• Fast and slow lengths for momentum and trend parts.
• Smoothing method and applied price.
• Levels or zero line.
• Alerts for flips and crosses.

Suggested usage

• M5-M15: intraday timing and exit control.
• M30-H4: swing continuation and breakout checks.
• Daily+: regime bias and risk trimming.

Installation (MT4)

1. Open MetaTrader 4 - File - Open Data Folder.
2. Copy Market Way Indicator.ex4 to MQL4/Indicators.
3. Restart MT4 or refresh Navigator and attach Market Way.
4. Adjust inputs - OK.

FAQ

Does it repaint? No on closed bars.
Which markets? Any symbol your MT supports.
Use in EAs? Yes, via iCustom.

Disclaimer: Always test on a demo first - risk management matters.