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fskrypt
23 set 2017 04:05

WaveTrend Oscillator [Krypt] 

ZCash / BitcoinBittrex

Descrizione

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

Note di rilascio

Use SMA curvature information to filter out buy/sell signals likely to be false positives

Note di rilascio

Rename some chart objects

Note di rilascio

Long/Short signal now captures some cases of bullish and bearish divergences

Note di rilascio

Use extra signal smoothing and extra momentum check for curvature

Note di rilascio

improve buy/sell signals

Note di rilascio

don't make helper elements editable

Note di rilascio

start drawing signal earlier, perform averaging on cross steps for more stable bullish/bearish divergence detection

Note di rilascio

use a 1+2 formula for curvature

Note di rilascio

Default to lower smoothing to still show something on the chart in the beginning

Note di rilascio

switch back to 4 for default SMA length

Note di rilascio

Improve sensitivity in the beginning of the chart

Note di rilascio

add comment

Note di rilascio

Replace final EMA smoother with Ehlers' smoother for higher sensitivity

Note di rilascio

Ignore first candle

Note di rilascio

reduce default smoothing slightly and allow zero smoothing

Note di rilascio

do not count MA cross above overbought level as bottom, and likewise do not count count MA cross below oversold level as top.

Note di rilascio

Simplify generation of buy/sell signals

Note di rilascio

fix how continues climb/descent is determined

Note di rilascio

detect hidden divergences

Note di rilascio

Update colors to make this indicator suitable for either light or dark T/V color modes

Note di rilascio

quantitatively weigh bullish and bearish signals
Commenti
mjanemacabata
how to set up alerts for buy/sell please? thanks
jessejames12345
This is by far one of the best wave Trend tools I've used - Thank you !
lovelycococo
I like this yours best.
To change this indicator to the Fine 4 version
res = na
res := mult * src + (1.0-mult) * nz(res[1], src)
==> How should I change it?
breathe67
Great tool, thank you!
ghost420
thx for all!!
slos80
hi, how come some signals are inside the o/s and o/b range? how do i set alerts for buy and sell signals please? which condition is that? thank you, awesome tool!
haagendazs
@slos80, I was able to figure out the alerting for this amazing indicator, beyond just watching for the signal line crossing the SMA line.

For "Buy" signals, use this condition:
1. WT_Krypt -> Buy Signal
2. Less Than
3. WT_Krypt -> Signal

For "Sell" signals, use this condition:
1. WT_Krypt -> Sell Signal
2. Greater Than
3. WT_Krypt -> Signal
Jpdeletraz
@haagendazs, Hey Thanks for sharing :) for the options section which one do you recommend, at bar close? or is there a better option for getting better entries.

Thank you in advance
arttus
Great! Definitely will be adding this to my standard toolset.
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