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Quantum Wave

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Quantum Wave is a Multi-timeframe Wave indicator that helps identify potential turning points within the market.

There are four trading modes for their corresponding timeframe:
  • Scalp - 1 minute
  • Day- 15 minute
  • Swing - 1 hour
  • Hour - 4 hour


Automatic mode is a feature that allows you to get the corresponding trading modes to their timeframes.
  • Supported timeframes: 1min, 3min, 5min, 10min, 15min, 30min, 45min, 1h, 2h, 3h, 4h, 1D, 1W
  • Supported Timeframes are not FULLY backtested. The four main timeframes are recommended (1 min, 15 min, 1 hour, 4 hour)


Guidelines
  • Follow the red wave; if red wave is overbought look for sell signals, if red wave is oversold look for buy signals
  • Greatest confluence setup is when all wave align within their overbought/oversold region
  • Don't take signals during volatile price actions because the wave get inflated
Release Notes
Added confirmation mode
  • Instead of having signals on the green + yellow wave, confirmation mode checks for the green + yellow + red wave in the oversold/overbought regions
Release Notes
Add ability to edit threshold for buy/sell signals.
Release Notes
added default values into tooltip
Release Notes
Added overwrite mode to customize wave length for personal strategies
Release Notes
- Added toggle to show buy/sell signals on Chart
- Added hint notes to overwrite inputs
Release Notes
- edited styling for buy/sell signals
Release Notes
- Removed buy/sell signal as it keeps on overwriting price scale on actual chart.
Release Notes
- Integrated buy/sell signals on chart through colour changing candlesticks (editable)
- Crossovers are also indicated on the chart: Pink for bearish cross, Bright Green/Lime for bullish cross
Release Notes
Dots are now more visible depending on your scale.

ex. If you zoom in to your chart, dots appear bigger.
Release Notes
Updated wave length for m3 timeframe automatic mode to be more accurate.
Release Notes
Added 15 second timeframe for ultra scalpers.
Release Notes
Added alert capabilities for the signals.

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.