OPEN-SOURCE SCRIPT
Actualizado WaveTrend Oscillator [Krypt]

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
Notas de prensa
Use SMA curvature information to filter out buy/sell signals likely to be false positivesNotas de prensa
Rename some chart objectsNotas de prensa
Long/Short signal now captures some cases of bullish and bearish divergencesNotas de prensa
Use extra signal smoothing and extra momentum check for curvatureNotas de prensa
improve buy/sell signalsNotas de prensa
don't make helper elements editableNotas de prensa
start drawing signal earlier, perform averaging on cross steps for more stable bullish/bearish divergence detectionNotas de prensa
use a 1+2 formula for curvatureNotas de prensa
Default to lower smoothing to still show something on the chart in the beginningNotas de prensa
switch back to 4 for default SMA lengthNotas de prensa
Improve sensitivity in the beginning of the chartNotas de prensa
add commentNotas de prensa
Replace final EMA smoother with Ehlers' smoother for higher sensitivityNotas de prensa
Ignore first candleNotas de prensa
reduce default smoothing slightly and allow zero smoothingNotas de prensa
do not count MA cross above overbought level as bottom, and likewise do not count count MA cross below oversold level as top.Notas de prensa
Simplify generation of buy/sell signalsNotas de prensa
fix how continues climb/descent is determinedNotas de prensa
detect hidden divergencesNotas de prensa
Update colors to make this indicator suitable for either light or dark T/V color modesNotas de prensa
quantitatively weigh bullish and bearish signalsScript de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.