OPEN-SOURCE SCRIPT
Updated WAE v4

Credits to Waddah Attar Explosion V2 [SHK]
Changes major things
Adds a feature to disable absolute value mode. Makes it a whole lot easier to read, and is a major change
Adds a counter feature, counting how many bars it takes for it to "explode" out of deadzone
Adds a feature to normalize the chart by certain lines, changing the proportions visually
Adds a feature to filter incorrect colors, making the indicator more consistent.
Changes major things
Adds a feature to disable absolute value mode. Makes it a whole lot easier to read, and is a major change
Adds a counter feature, counting how many bars it takes for it to "explode" out of deadzone
Adds a feature to normalize the chart by certain lines, changing the proportions visually
Adds a feature to filter incorrect colors, making the indicator more consistent.
Release Notes
Added Lingering setting.Release Notes
Oopsy! Logic is off. Fixed itRelease Notes
Fixed Lingering LogicOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.