WaveTrend Oscillator V2

Version 2 of the Wave Trend Indicator now includes a test strategy feature.

Same Entry and Exit Conditions as before. These values can be adjusted to pick up higher bottoms if needed. This strategy appears to work well with Cannabis stocks and has been tested out with ACB , TLRY , CRON , TSXV:OGI just to name a few.

Entry and Exits:

• Entry when Wave cross occurs below or within the bottom band
  
• Exit when Wave cross occurs above or within the top band
  

Alert Settings:

• "Buy" is less than "Over Sold Top"
  
• "Sell" is greater than "Over Bought Bottom"
  

As always, trade at your own risk. Recommended to confirm entry and exits with other oscillators such as Stochastic, RSI or MACD.

Notas de Lançamento:

Adjusted overlay function to allow it go directly to the pane below.