WaveTrend By LimaIndicator packing both WaveTrend and RSI.
Source code for the WaveTrend belongs to LazyBear and RSI well, it is a Pinescript method.
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WaveTrend mtfThis is based on Lazy Bear famous script of Wave trend
So in basic we do MTF on it
One can choose to use the signal of the MTF (circles red or green for buy and sell)
or the regular buy and sell by cross green /red
to the script one can add if it cross the 0 above or bellow (not done here)
the MTF is taken from pinescripter example how to avoid repainting , so it good also for using your indicator to make MTF scripts
alerts included
Pair Strength BasketAgain thanks to LazyBear for bringing over the wavetrend indicator and glaz for the idea of the basket of currencies. This is a power index based on the wavetrend indicator, I cut it down to 5 securities per currency since the limit of securities I could call was 40. I like to use to see which pair is the most OB/OS as it likely presents the best profit potential.
AUD = Yellow
CAD = Gray
CHF = Maroon
EUR = Blue
GBP = Red
JPY = Purple
NZD = Lime
USD = Green
STEEMSBD WaveTrendWaveTrend-Oscillator over synthetic STEEM/SBD based on STEEM/BTC and SBD/STB from Poloniex.
WaveTrend part is based on LazyBear's port of TS/MT indicator.
WaveTrend with Crosses [LazyBear]LazyBear's wavetrend oscillator enhanced with wavetrend cross visualization on the indicator as well as with bar color highlights.
Wave Generator (WG)Pine Script Wave Generator Utility
Introduction:
The Pine Script Wave Generator Utility is a versatile tool that creates different wave patterns. The script provides the user with four different wave styles to choose from (Sine, Triangle, Saw, Square) with customizable parameters for the wave height, duration, number of harmonics, and phase shift.
Technical Details:
The script utilizes the mathematical functions sin, pi, and array.avg to generate wave patterns. The wave height and duration are the main inputs, and the number of harmonics and phase shift are additional inputs that add fine-tuning to the wave pattern.
The wave styles are created using different combinations of sine waves and are normalized so that the resulting wave always lies within a range of -1 to 1.
Usage:
The user can adjust the wave parameters using the input options in the script. The user can choose the wave style from the “Wave Select” option and set the wave height, wave duration, number of harmonics and phase shift by adjusting the corresponding input options.
Conclusion:
The Pine Script Wave Generator Utility is an efficient and effective tool for generating wave patterns. It can be used for a variety of purposes such as creating wave patterns for technical analysis, simulation, and testing purposes. The user can easily adjust the wave parameters to create custom wave patterns, making it a flexible and valuable tool.
waves and limitsEnglish:
This indicator helps to visualize the status and location of the price within its standard limits; as well as its trend and momentum.
Blue wave for long entries, Red wave for short entries.
As most Indicators have lag, you must be very aware of the price action to enter and exit the trades.
Español:
Este indicador ayuda a visualizar el estado y la ubicación del precio dentro de sus límites estándar; así como su tendencia e impulso.
Onda azul para entradas largas, Onda roja para entradas cortas.
Como la mayoría de los indicadores tienen retrasos, debe estar muy atento a la acción del precio para entrar y salir de las operaciones.
WaveTrend & Supertrend Comparison/CombinedThis compares two reasonably reliable strategies and shows where they are in agreement.
When the top line is GREEN - Then consider BUYing
When the top line is RED - Then consider SELLing
There are also alerts available.
WaveTrend with Crosses [LazyBear]Optical Change
Source from LazyBear
With big Hugs for this Indicator
WaveTrend and Crossing EMA of RSIs by AlhazenLazyBear's WaveTrend Oscilator is simplified, and buy & sell signals are added. Green bars indicate SELL signal of WT, and Maroon bars indicate BUY signal of WT.
A new indicator added: Crossing EMA of two RSI's. RSI plots are shown with dotted lines. Lime bars indicate SELL signal of RSI, and Red bars indicate BUY signal of RSI.
You can combine WT and RSI together and decide to BUY or SELL.
WaveTrend cross only BTCUSDT 1
The price of all altocons is affected by bit coin.
so, I made it. it show BTCUSDT WaveTrend only.
This chart is ETCBTC, and you can see the ETC price fallow BTC price after 5 minutes.
so amazing?
Pair Strength EURUSDThis is an application of the WaveTrend indicator by LazyBear against a basket of the eur and usd to come up with a total eur and usd wt value. You can change the currencies by altering which pairs its run on. As far as changes I removed the lagging 4sma and altered the OB OS to be 2 and 3 standard deviations from a 1000sma just to get a stable view as to where the values tend to rise to. I've had some success using it over the past week or so, when dollar is OB an euro is OS you can expect EURUSD to go up as those reverse and vice versa.
Momentum HistogramThis creates a replica of relative distance from the moving averages, a good way to measure the strength, divergences etc.... short, mid and long term waves.
List of All my Indicators - www.tradingview.com
Indicator: WaveTrend Oscillator [WT]WaveTrend Oscillator is a port of a famous TS/MT indicator.
When the oscillator is above the overbought band (red lines) and crosses down the signal (dotted line), it is usually a good SELL signal. Similarly, when the oscillator crosses above the signal when below the Oversold band (green lines), it is a good BUY signal.
I have marked some cross-overs in the above chart. As you can see, they are *not* the only useful signals WT generates. Try it on your instrument and let me know what you think.
Wave Trend - V5Update of V4, only medium and strong signals on 4H and above time frames shown due to too much alerts produced on lower frames. Generates clear BUY/SELL signals across several timeframes comparing with BTC signals to follow the BTC trend.
Head-on-CorrelationThis is a simple wrapper script to generate 40 different series of information along an increasing candle length. It plots the last data point, and repaints on each new candle, allowing one to see variations within series' values as the timeframe increases. This POV is looking not across a depth of field, but the wave as if it were moving towards you. The goal ultimately is to find correlations on various timeframes in the y-plane, and the z-plane, as well as patterns of variation preceding price action.
As a wrapper, the switch case and engine can and should be modified to suit your indicator of choice. Additionally, It is possible to string these indicators together to perform multiple calculations and output a single series ultimately.
If watched on smaller timeframes (eg 1s) or bar replay, it is an entertaining addition to the chart.
Wave-PMThe Wave-PM (Whistler Active Volatility Energy - Price Mass) indicator is an oscillator described in Mark Whistler's book 'Volatility Illuminated'.
The Wave PM was specifically designed to help read cycles of volatility. Read when a strong trend is about to start and end, along with the potential duration of lateral chop. By using concepts of probability and volatility, which anyone can understand, retail traders can learn to think about 'risk' more like an institutional trader. With Wave-PM and an understanding of institutional risk-based trading, at home traders are able to start seeing volatility as opportunity, not an 'out of the blue' hindrance.
Price Mass is not a directional oscillator it's more of a gauge of potential energy left in the distribution cycle.
Wave Ribbon [ChuckBanger]This is a very easy script to build. Indicators like this can be very nice to use to spot trends. I just wanted to share it if someone to trade with it or wants to build on it further. The oscillator is my TRIX script:
Wave Period Oscillator by KIVANC fr3762WPO – Wave Period Oscillator
A Time Cycle Oscillator – Published on IFTA Journal 2018 by Akram El Sherbini (pages 68-77)
(http:www.ftaa.org.hk/Files/2018130101754DGQ1JB2OUG. pdf )
Bullish signals are generated when WPO crosses over 0
Bearish signals are generated when WPO crosses under 0
OverBought level is 2
OverSold level is -2
ExtremeOB level is 2.7
ExtremeOS level is -2.7
As with most oscillators, divergences can be taken advantage of.
via PROREALCODE
Here's the link to a complete list of all my indicators:
tr.tradingview.com
Şimdiye kadar Tradingview'a eklediğim tüm indikatörlerin tam listesi için:
tr.tradingview.com
wave trend mtf v1This Lazy Bear wave trend in MTF version with take profit and stop loss rebuy
you can change the MTF using the security call
and many nice option to see insid3e
so you can play with it, modify it or make it better
2 colour MACDstudy(shorttitle = "MACD WAVE TRADER", title = "2 colour MACD")
fastMA = input(title="Fast moving average", type = integer, defval = 12, minval = 7)
slowMA = input(title="Slow moving average", type = integer, defval = 26, minval = 7)
lastColor = yellow
= macd(close , fastMA, slowMA, 9)
= macd(close , fastMA, slowMA, 9)
plotColor = currMacd > 0
? currMacd > prevMacd ? white : maroon
: currMacd < prevMacd ? maroon : white
plot(currMacd, style = histogram, color = plotColor, linewidth = 3)
plot(0, title = "Zero line", linewidth = 1, color = gray)