PROTECTED SOURCE SCRIPT
WaveTrend Signal [TCMaster]
Features:
Calculates WaveTrend using customizable channel and average lengths.
Highlights overbought and oversold zones for easier visual reference.
Adds vertical dotted lines when the two WaveTrend lines cross in extreme zones (possible turning points).
Optional BUY/SELL markers for quick identification of crossover events.
Built-in alert conditions for integration with TradingView alerts.
How it works:
A potential BUY signal occurs when WT1 crosses above WT2 while both are below the oversold threshold.
A potential SELL signal occurs when WT1 crosses below WT2 while both are above the overbought threshold.
These events are purely technical conditions and do not guarantee market direction.
Important Disclaimer:
This script is provided for educational and informational purposes only. It is not financial advice, and past performance does not guarantee future results. Always do your own research and use proper risk management before making trading decisions.
Calculates WaveTrend using customizable channel and average lengths.
Highlights overbought and oversold zones for easier visual reference.
Adds vertical dotted lines when the two WaveTrend lines cross in extreme zones (possible turning points).
Optional BUY/SELL markers for quick identification of crossover events.
Built-in alert conditions for integration with TradingView alerts.
How it works:
A potential BUY signal occurs when WT1 crosses above WT2 while both are below the oversold threshold.
A potential SELL signal occurs when WT1 crosses below WT2 while both are above the overbought threshold.
These events are purely technical conditions and do not guarantee market direction.
Important Disclaimer:
This script is provided for educational and informational purposes only. It is not financial advice, and past performance does not guarantee future results. Always do your own research and use proper risk management before making trading decisions.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.