Simplified VMCSimplified VuManChu B — TanTechTrades™
This script is a streamlined version of the popular VuManChu WaveTrend + Divergence indicator. It focuses on the core logic of WaveTrend crosses, divergences, and golden buy signals while keeping visuals clean and lightweight.
🔹 Features
WaveTrend (WT) Oscillator with customizable lengths
Overbought / oversold levels with optional deep oversold threshold
Bullish & Bearish Divergences detected automatically (plotted as circles)
Golden Buy Circles (special oversold + RSI confluence signals)
Buy & Sell crossover circles for WT1 / WT2
Alerts for divergence and golden buy signals
Dark background option for clear contrast
🔹 How It Works
Bullish Divergence: Price makes a lower low, WT makes a higher low
Bearish Divergence: Price makes a higher high, WT makes a lower high
Golden Circle: Oversold bullish divergence + RSI confirmation
Plots crossover signals to highlight potential trend reversals
This version removes unnecessary extras from the original VuManChu script, making it lighter, faster, and focused only on the most powerful signals.
⚠️ Disclaimer: For educational purposes only. Not financial advice.
