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