OPEN-SOURCE SCRIPT
Diupdate WaveTrend Oscillator [Krypt]

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
- 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
Catatan Rilis
Use SMA curvature information to filter out buy/sell signals likely to be false positivesCatatan Rilis
Rename some chart objectsCatatan Rilis
Long/Short signal now captures some cases of bullish and bearish divergencesCatatan Rilis
Use extra signal smoothing and extra momentum check for curvatureCatatan Rilis
improve buy/sell signalsCatatan Rilis
don't make helper elements editableCatatan Rilis
start drawing signal earlier, perform averaging on cross steps for more stable bullish/bearish divergence detectionCatatan Rilis
use a 1+2 formula for curvatureCatatan Rilis
Default to lower smoothing to still show something on the chart in the beginningCatatan Rilis
switch back to 4 for default SMA lengthCatatan Rilis
Improve sensitivity in the beginning of the chartCatatan Rilis
add commentCatatan Rilis
Replace final EMA smoother with Ehlers' smoother for higher sensitivityCatatan Rilis
Ignore first candleCatatan Rilis
reduce default smoothing slightly and allow zero smoothingCatatan Rilis
do not count MA cross above overbought level as bottom, and likewise do not count count MA cross below oversold level as top.Catatan Rilis
Simplify generation of buy/sell signalsCatatan Rilis
fix how continues climb/descent is determinedCatatan Rilis
detect hidden divergencesCatatan Rilis
Update colors to make this indicator suitable for either light or dark T/V color modesCatatan Rilis
quantitatively weigh bullish and bearish signalsSkrip open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Pernyataan Penyangkalan
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Skrip open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Pernyataan Penyangkalan
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.