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 positives
Catatan Rilis:
Rename some chart objects
Catatan Rilis:
Long/Short signal now captures some cases of bullish and bearish divergences
Catatan Rilis:
Use extra signal smoothing and extra momentum check for curvature
Catatan Rilis:
improve buy/sell signals
Catatan Rilis:
don't make helper elements editable
Catatan Rilis:
start drawing signal earlier, perform averaging on cross steps for more stable bullish/bearish divergence detection
Catatan Rilis:
use a 1+2 formula for curvature
Catatan Rilis:
Default to lower smoothing to still show something on the chart in the beginning
Catatan Rilis:
switch back to 4 for default SMA length
Catatan Rilis:
Improve sensitivity in the beginning of the chart
Catatan Rilis:
add comment
Catatan Rilis:
Replace final EMA smoother with Ehlers' smoother for higher sensitivity
Catatan Rilis:
Ignore first candle
Catatan Rilis:
reduce default smoothing slightly and allow zero smoothing
Catatan 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 signals
Catatan Rilis:
fix how continues climb/descent is determined
Catatan Rilis:
detect hidden divergences
Catatan Rilis:
Update colors to make this indicator suitable for either light or dark T/V color modes
Catatan Rilis:
quantitatively weigh bullish and bearish signals