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REDK_MAGicWAVe v2: update to v1

3 909
This is an update that adds couple of visual enhancement to my Magnified Weighted Average script i published some time back.

- this update adds a secondary signal (Red / Green markers) when the MAGicWAVe crosses the Zero Lag Moving Average -- so we watch the Wave Color as the primary signal for a change in trend, and use the secondary signal for confirmation - the prevailing bias (longer term filter) is decided by the long (Blue) moving average -- between these 3 elements, i can use the MAGicWAVe as a reliable trading "qualifier"

- the auxiliary lines are all now "thinner" be default to keep the focus on the primary wave line

i hope this is as useful to fellow traders as it is to me - Best of luck!

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.