Dreadblitz

WaveTrend Oscillator + Divergence + Direction Detection +Alerts

Make this version of the famous WaveTrend indicator has the following characteristics:

- WaveTrend direction detection
- Customizable overbought and oversold level (set by default just like the original version)
- Possibility to modify the length of the channel (set by default same as the original version)
- Possibility of modifying mobile period (set by default same as the original version)
- Show ONLY overbought sales.
- Show all sales.
- Show ONLY purchases in oversold.
- Show all purchases.
- See histogram.
- See half signal.
- Paint Bars.
- Modification of colors.

Alerts:

The indicator has the following alerts:

- Sales in oversold
- All Sales
- Purchases in oversold
- All Purchases
- Purchases / Overbought sales / Sales
- All Sales / Purchases
- Change WT Direction

NOTE: This single indicator should not be taken as a trading strategy is only a tool for the trader that gives a sense of depth market and potential opportunities for purchase / sale which must be evaluated in the context generally used this indicator to look for positions in areas of overbought / sell, also for detecting differences, other aspects such as the direction of Wavetrend, levels, histogram, etc, also provide useful information.

Release Notes: Add a field to change reaction and color change direction WT, is set to 1 as fast (default), better greater number address filter but is slower.

Release Notes: Add a Hidden Divergences detector and Regulars (bulls and the bears), from setup can activate them, also can turn off the labels and leave only the lines, configure it to your liking.

NOTE: SCRIPT IN SPANISH
Note di rilascio: At the request of a user, add a moving average, you can configure period, type, etc. (by default it is not active, activate it from configuration)
Note di rilascio: minor change
Note di rilascio: at the request of a user, alerts in English
Script open-source

Nello spirito di condivisione promosso da TradingView, l'autore (al quale vanno i nostri ringraziamenti) ha deciso di pubblicare questo script in modalità open-source, così che chiunque possa comprenderlo e testarlo. Puoi utilizzarlo gratuitamente, ma il riutilizzo del codice è subordinato al rispetto del Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

Vuoi usare questo script sui tuoi grafici?

Commenti

could you please explain why a candle bar is getting highlighted? what does it mean?
+5 Rispondi
basarannnn afzal_kabir
@afzal_kabir, The indicator has alerts for sales in overbought and purchases in oversold . When an alert accurs the bar is getting highlighted.
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Most useful tool i have ever used till now. ty for efforts
+1 Rispondi
Hi all, someone knows if this indicator repaint?
+1 Rispondi
Dreadblitz Dilivio
@Dilivio, Hello how are you, the indicator does not repaint, only that the differences appear with a delay of 2 candles since you have to wait for the confirmation of new maximums or new minimums, greetings
Rispondi
Hello Sir,
realy like this indicator, can you please ad Alerts for Divergence Regular and Ocultas...
Rispondi
Thank you million for this great piece of work !
Rispondi
ola meu caro , quero lhe agradecer pelo indicador , em breve irei te bonificar
uma duvida , o indicador teria como ser adicionado alerta , assim como alertar Pop up de linhas de tendências rompidas ? assim poderia deixar um alerta sempre q bater na maxima ou minima
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is this better than adx
Rispondi
The mot interesting part of all of this in my opinion is the oscillator histogram - basically shows where moves terminate better than a MACD histogram. I have added this component alone to other indicators.

Thank you for all your awesome work!
Rispondi
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