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Mi script

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t is designed as a momentum and timing tool, not as a standalone trading system.

Core logic:

Mid-range zone → no action

Upper zones (overbought) → look for short setups with confirmation

Lower zones (oversold) → look for long setups with confirmation

The oscillator includes:

Multiple overbought / oversold levels

Gradient-filled zones for better visual context

Main WaveTrend line + signal line

Optional histogram

Clear market state visualization

This indicator works best when combined with:

RSI

Stochastic

Market structure

Support & resistance

Volume or higher-timeframe context

⚠️ This is not financial advice.
For educational and analytical purposes only.

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.