OVERVIEW

WaveTrend analyzes swing highs and lows to determine the current market trend state, going beyond simple directional movement to identify the quality and strength of trends. The indicator classifies market behavior into seven distinct states: Uptrend, Downtrend, Sideways-Up, Sideways-Down, Uptrend Violation, Downtrend Violation, and Undetermined.

By tracking higher highs, lower highs, higher lows, and lower lows, WaveTrend provides a comprehensive framework for understanding market structure. It identifies not just when trends exist, but when they’re being challenged (violations) or transitioning (sideways movements), giving traders actionable insight into potential reversals and continuations.

Key Features

Trend State Analysis

  • 7 distinct market states for precise trend classification
  • Real-time trend state updates with every price change
  • Violation detection identifies when trends are being challenged
  • Consecutive violation tracking automatically confirms new trends

Swing Detection Engine

  • Configurable strength parameter (1-50) for swing sensitivity
  • ATR-based filtering eliminates noise between pivots
  • Choose between wick-based or body-based calculations
  • Pivot variation factor ensures meaningful swing differences

Multi-Timeframe Support

  • Analyze higher timeframe structure on lower timeframe charts
  • Automatic timeframe synchronization
  • Support for all standard NinjaTrader bar types

Visual Components

  • On-chart trend display with icons or text descriptions
  • Optional candle coloring based on trend state
  • Pivot markers (HH, HL, LH, LL) at swing points
  • Zigzag lines connecting swing highs and lows
  • Wave rectangles highlighting bullish/bearish swings
  • Customizable display positioning with 8 preset locations plus custom coordinates

Advanced Filters

  • Moving average filter for trend confirmation
  • Candle break threshold using ATR multiples
  • Minimum pivot movement requirements
  • Consecutive violation limits for trend changes

Customization Options

  • Full color control for all trend states
  • Adjustable fonts and sizes
  • Toggle individual visual elements on/off
  • Debug mode for strategy development
  • Separate parameters for different market conditions

Perfect for day traders needing quick structure analysis, swing traders identifying key reversal points, and systematic traders building trend-following strategies.

FREQUENTLY ASKED QUESTIONS

Free trials are provided where listed on specific product pages.  If not listed, we are unfortunately unable to provide a free trial for this particular product.  If you are still uncertain whether to purchase, please consider our refund policy.  If we can answer any specific questions for you, please reach out via our email support channel - [email protected].
For most single NinjaTrader add-ons, installation is done by simply importing the zip file through the NinjaTrader Control Center under Tools > Import > NinjaScript Add-On.  For bundled packages, you may need to extract the zip file first and run the contained installer.  For further details, please visit the NinjaTrader 8 Installation Guide in the Support Center.  
Activation on two machines is included with each license purchase;  We understand nearly all users are utilizing more than one machine and have therefore included provisions to install CDX tools on two separate machines at no additional cost.  For additional machine activations beyond two, upgrades may be available on many products for a discount.  Please check the product page for details or you may send a request to our support channel.  [email protected]

PRICING

30-Day Compatibility Guarantee

SOFTWARE DETAILS

  • Version8.1.5225.901
  • Release DateNovember 17, 2022
  • AuthorChart Dynamix

REQUIREMENTS

  • Operating SystemWin 8.1+
  • NinjaTrader 88.1.3.1
  • CPUIntel 2GHz+
  • RAM8 GB+
  • Network10 MB/s+
  • Designed By Traders
  • High Performance
  • Extensive Formatting
  • Clean Professional Coding
  • Email Support

QUALITY COMMITMENT

Our team is here to uphold the best software standards in user experience and functionality! If you have questions about your purchase, please reach out to us before purchasing. We go the extra mile to satisfy our client’s needs as much as humanly possible. Free trials are not available for every product but we will provide one when available.

  • DESIGN
  • SPEED
  • FUNCTIONALITY

WHAT OUR CLIENTS are SAYING

Faye D
Chart Dynamix clearly has one priority: To help professional traders and people desiring to become traders. Their teaching is thorough and clear - every question I have, I am totally clear on their answers. Everyone at Chart Dynamix is encouraging, supportive and available. If you do exactly what they teach you will increase your trading account for sure. I had to learn that the hard way. Now that I am following the methodology, I win more times than I lose...awesome!! They have a step by step plan and again, if followed exactly, you can only increase your profits! They also have some really great tools that will save you time and effort in your trading process. I love Chart Dynamix.
Eva T
I have enjoyed using your indicators. These tools have been a game changer for my charts and my trading! I have found your indicators to be invaluable. I have found particularly useful the Anchor Trend, FX Major Levels and ATR Risk Dashboard, each of which have dramatically improved my trading and have enabled me to meet my daily trading goals in a shorter period of time. These tools have enabled me to make quicker decisions with greater confidence. Love your site and your indicators!
John P
I love these indicators!! Easy to use, very insightful, keeping me out of bad trades. Thanks Chart Dynamix!
Brandon D
When I was introduced to the 'M&P Trend Suite FXTS' package by a colleague, I was immediately impressed with the versatility and adequacy of this package. My ability to navigate the market is undoubtedly enhanced and reliant upon this specific package. I use all of the indicators included, in varied capacity, each day. My performance has changed completely since I initially began a monthly subscription. I am purchasing the professional package, as opposed to the subscription based package, currently as it will be a part of how I trade indefinitely. I am grateful to have been introduced to this product and advocate for its use fervently.
Joe L
I absolutely enjoy your products as a very powerful Odds Enhancer in my trading.  I rarely trade without using them and when I do, I feel naked.  I sometimes do trade naked, but I have your charts up front and center.  LOL