majhealth

WaveTrend Oscillator w/ Short/Long/Close Alerts - WIP

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High TFs work best, but it works on any TF. I plan to continue releasing updates to it to improve overall form and function. Green Circles are Long Alerts, Red Circles are Short Alerts. Blue and Yellow Circles are Close Position Alerts. First Blue Circle After Red Circle would be Short Exit. First Yellow Circle After Green Circle would be Long Exit.

Original script was based on Lazybear Indicator-WaveTrend-Oscillator-WT Script. I have added and modified some code to my personal liking.
Release Notes: Modified Close Position alerts and Plots to try and maximize return.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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