OPEN-SOURCE SCRIPT
Actualizado WaveTrend [LazyBear] with Long/Short Labels
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.
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.
Notas de prensa
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.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.