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WaveTrend [LazyBear] with Long/Short Labels

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WaveTrend Oscillator with Entry Signals (LONG/SHORT) – Advanced Edition
This indicator is based on the renowned WaveTrend Oscillator by LazyBear, a favorite among professional traders for spotting trend reversals with precision.

🚀 Features:

Original WaveTrend formula with dual-line structure (WT1 & WT2).

Customizable overbought and oversold zones for visual clarity.

Automatic LONG and SHORT signals plotted directly on the chart:

✅ LONG: When WT1 crosses above WT2 below the oversold zone.

❌ SHORT: When WT1 crosses below WT2 above the overbought zone.

Momentum histogram shows strength of market moves.

Fully optimized for Pine Script v5 and lightweight across all timeframes.

🔍 How to use:

Combine with support/resistance levels or candlestick reversal patterns.

Works best on 15min, 1H, or 4H charts.

Suitable for all markets: crypto, stocks, forex, indices.

📊 Ideal for:

Traders seeking clean, reliable entry signals.

Reversal strategies with technical confluence.

Visual confirmation of WaveTrend crossovers without manual interpretation.

💡 Pro Tip: Combine with EMA or RSI filters to further enhance accuracy.
Sürüm Notları
This indicator is based on the renowned WaveTrend Oscillator by LazyBear, a favorite among professional traders for spotting trend reversals with precision.

🚀 Features:

Original WaveTrend formula with dual-line structure (WT1 & WT2).

Customizable overbought and oversold zones for visual clarity.

Automatic LONG and SHORT signals plotted directly on the chart:

✅ LONG: When WT1 crosses above WT2 below the oversold zone.

❌ SHORT: When WT1 crosses below WT2 above the overbought zone.

Momentum histogram shows strength of market moves.

Fully optimized for Pine Script v5 and lightweight across all timeframes.

🔍 How to use:

Combine with support/resistance levels or candlestick reversal patterns.

Works best on 15min, 1H, or 4H charts.

Suitable for all markets: crypto, stocks, forex, indices.

📊 Ideal for:

Traders seeking clean, reliable entry signals.

Reversal strategies with technical confluence.

Visual confirmation of WaveTrend crossovers without manual interpretation.

💡 Pro Tip: Combine with EMA or RSI filters to further enhance accuracy.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.