Spectrawave Dynamics

Spectrawave Dynamics:
Spectrawave Dynamics is a precision-designed tool that helps traders identify structural trend shifts and manage trades with dynamic risk-reward logic.

Core Features
Price-Structure-Based Trend Confirmation
Detects directional bias by analyzing recent market behavior, allowing traders to act on confirmed structural shifts rather than isolated price spikes.

Signal Confirmation with Delay Logic
Entry signals are validated after specific conditions persist beyond a single bar, reducing the impact of short-term volatility and minimizing false triggers.

Volatility-Adjusted Trade Levels
Take-profit and stop-loss levels automatically adapt to changing market conditions using a volatility-sensitive engine, aligning targets with realistic price ranges.

Smart Exit Conditions

Exits are triggered when defined profit or loss thresholds are reached.

Additional exits occur upon detection of a structural reversal, helping to lock in gains or minimize risk during trend shifts.

Integrated Alert System
Alerts are provided for:

Long and short entries

Take-profit and stop-loss triggers

Trend-based exits for both long and short positions

The alert signals can be sent for automated trading.

Customization Options
Trend Sensitivity Controls: Fine-tune how the tool reacts to recent market structure shifts.

Risk Parameters: Set dynamic take-profit and stop-loss targets relative to market conditions.

Recommended Use:
Adjust the spectralwave length and see how the indicator performs on various settings. Best suited for momentum and trend-trading approaches across multiple timeframes. The tool is ideal for traders seeking rule-based, non-repainting signals rooted in objective market behavior.

Chart Setup Tip for Clearer Visuals
To enhance trend clarity using the indicator’s built-in candle coloring, we recommend the following chart setup:

Right-click on the chart → Settings → Symbol

Uncheck “Colors based on previous close” and “Borders”

Set the Body and Wick colors to white

This setup removes overlapping chart colors and allows the indicator’s green and red bars to display clearly, helping traders identify trend direction quickly and confidently in real-time.

Disclaimer:
This script is intended for educational and informational purposes only. No guarantees of performance are implied. Traders should always conduct their own testing and apply sound risk management before using this tool in live markets.