█ OVERVIEW WaveTrend 3D (WT3D) is a novel implementation of the famous WaveTrend (WT) indicator and has been completely redesigned from the ground up to address some of the inherent shortcomings associated with the traditional WT algorithm. █ BACKGROUND The WaveTrend (WT) indicator has become a widely popular tool for traders in recent years. WT was first...
DGT interpreted version of LazyBear's WaveTrend, visualizing on Price Chart Original Author : LazyBear Crosses above or below threshold are emphasized with bigger labels - crosses above threshold : probable short indications with a bigger label and relativly small label for probable long indications - crosses below threshold : probable long indications with a...
LazyBear's WaveTrend port has been praised for highlighting trend reversals with precision and punctuality (minimal lag). But strong "3rd Wave" trends can "embed" or saturate any oscillator flashing several premature crosses while stuck overbought/oversold. This happens when the trend stretches over a longer timescale than the oscillator's averaging window or...
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...
Waddah Attar Explosion by LazyBear and WaveTrend Oscillator by Krypt. All credits goes to LazyBear and Krypt, i have only done some combining with the two indicators, barcolors and BG colors to clarify entrys and exits. Combine with CM_Williams Vix_Fix, Super Guppy R1.0 by JustUncleL and you have a powerful tool. Barcolors to look for Aggressive Buy 1 =...
LazyBear's WaveTrend port has been praised for highlighting trend reversals with precision and punctuality (minimal lag). But strong "3rd Wave" trends can "embed" or saturate any oscillator flashing several premature crosses while stuck overbought/oversold. This happens when the trend stretches over a longer timescale than the oscillator's averaging window or...
Similar scripts exist but I haven't seen one using WaveTrend and I haven't seen one that hand picks evenly divided colors between GREEN-YELLOW-RED. The green is exact green, the yellow is exact yellow, and the red is exact red. Not complicated, just useful.
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
A wave trend script based on LazyBears script but with added signals and a histogram...
My WaveTrend Oscillator indicator optimized for dark backgrounds. The light mode is available here:
This is a very standard version of the Wave Trend Oscillator. The Channel and Average values are displayed as lines, most people display them as areas. The Channel and Average difference is displayed as a histogram, most people display it as a tiny noisy area. I was unable to find a standard version of the Wave Trend Oscillator. The colorful hyped up versions of...
With Special Thanks to Everyone who has gone before me, and who have both allowed me given me permission to bring my version of Market Cipher to the World Especially LazyBear for his amazing Wave Trend Oscillator and for Aevir, falconCoin, vumanchu, Crypto_Spike and others who have freely brought MarketCipher to the Tradingview Community Also special mention to...
I was asked to do one of those, so here we go... As always free and open source as it should be. Do not pay for such indicators! A WaveTrend Indicator or also widely known as "Market Cipher" is an Indicator that is based on Moving Averages, therefore its an "lagging indicator". Lagging indicators are best used in combination with leading indicators. In this...
Draws an MA Ribbon that highlights major MA's and for easier visibility separates them into different groups including Custom MA's, Baseline MA's, T Line MA's, Short Term MA's and Long Term MA's. Choose between 11 different types of MA's thanks to JustUncleL and John F. Ehlers super smoother. The + is for various signals and alerts derived from Market Cipher /...
Strategy incorporates the following features: Risk management: Configurable X% loss per stop loss Configurable R:R ratio Trade entry: Based on strategy conditions below Trade exit: Based on strategy conditions below Backtesting: Configurable backtesting range by date Trade drawings: Each entry condition indicator can be...
This script combines Stochastic Divergence and WaveTrend Crosses. Stochastic Divergence may be useful for seeing a shift in momentum before the price action reflects it. WaveTrend gives us context to the short term trend. You can combine these together to find good entries.
Another indicator based on the famous "Wave Trend Oscillator" by LazyBear. Monitoring panel showing the Wave Trend as color for 6 different timeframes. Additionaly the Money Flow (positive or negative) is indicated as green or red dots. I find it helpful that with one glance the current Wave Trend and Money Flow on many timeframes is visible. (Timeframes can be...
THE IDEA: TSV is a leading indicator based on the Volume, so it can be used to dectect price movements even before other indicators. You can read about the Time Segmented Volume and the concept how to use it here: From my observations, it seems like you can use this indicator in the similar way to "oscilators" as well. So the idea is to use the signal and run...