WaveNode [ParadoxAlgo]

WaveNode is an open-source, multi-framework breakout tool that blends Donchian highs/lows, Bollinger-band volatility, volume spikes and an ATR buffer into one clean visual package. It ships with five one-click “Trading Style” presets (Scalping → Long-Term Investing) so users can drop it on any chart, pick a style, and immediately see context-aware breakout triangles and adaptive channels—no manual tuning required.

What the Indicator does

WaveNode tracks the previous bar’s highest high and lowest low to build a Donchian envelope, wraps price in a two-sigma Bollinger shell to gauge contraction/expansion, then confirms breakouts only when:
• Price closes beyond the prior Donchian extreme plus an ATR % buffer.
• Volume exceeds its moving-average × style-specific multiplier.
• Volatility is expanding (current BB width > its own average).

When all filters line up, a blue (bull) or red (bear) triangle prints on the bar. The channel body is softly filled with a neutral gradient so signals stay visible against any theme.

Inputs & presets
Trading Style
Scalping · Day Trading · Swing Trading · Short-Term Investing · Long-Term Investing

Dropdown auto-loads lengths, multipliers and buffers for the chosen horizon.

All other parameters are hard-coded inside each preset to keep the UI minimal; feel free to fork the code and expose more sliders if you prefer.

How to read it
1. Wait for expansion – when the shaded channel widens after a squeeze, conditions ripen for a move.
2. Watch the triangles – a triangle marks the bar where price, volume and volatility align.
3. Use your own risk plan – WaveNode is a signal generator, not a complete trading system.


Risk & compliance

WaveNode is released for educational purposes only. It does not provide financial advice or guarantees of future results. Always back-test and forward-test on demo before risking real capital. By using WaveNode you accept full responsibility for all trading decisions—past performance is not indicative of future returns.