OPEN-SOURCE SCRIPT

WaveTrend Oscillator [Krypt]

Mis à jour
This is similar to regular WaveTrend Oscillator except:

- replaces hlc3 input with a weighted log formula for better stability/performance on high volatility charts
- zero-centered scaling
- SMA crossovers above and below OB/OS thresholds are marked as buy/sell signals
Notes de version
Use SMA curvature information to filter out buy/sell signals likely to be false positives
Notes de version
Rename some chart objects
Notes de version
Long/Short signal now captures some cases of bullish and bearish divergences
Notes de version
Use extra signal smoothing and extra momentum check for curvature
Notes de version
improve buy/sell signals
Notes de version
don't make helper elements editable
Notes de version
start drawing signal earlier, perform averaging on cross steps for more stable bullish/bearish divergence detection
Notes de version
use a 1+2 formula for curvature
Notes de version
Default to lower smoothing to still show something on the chart in the beginning
Notes de version
switch back to 4 for default SMA length
Notes de version
Improve sensitivity in the beginning of the chart
Notes de version
add comment
Notes de version
Replace final EMA smoother with Ehlers' smoother for higher sensitivity
Notes de version
Ignore first candle
Notes de version
reduce default smoothing slightly and allow zero smoothing
Notes de version
do not count MA cross above overbought level as bottom, and likewise do not count count MA cross below oversold level as top.
Notes de version
Simplify generation of buy/sell signals
Notes de version
fix how continues climb/descent is determined
Notes de version
detect hidden divergences
Notes de version
Update colors to make this indicator suitable for either light or dark T/V color modes
Notes de version
quantitatively weigh bullish and bearish signals
logscaleOscillatorswavetrend

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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