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