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Wavetrend Oscillator
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=61860
Forum: 38 · Topic 61860 · 3 post(s)
Wavetrend Oscillator
Alexander.Gettinger · Mon Feb 23, 2015 11:23 am
Original LUA oscillator: viewtopic.php?f=17&t=61668.
Formulas: wt1 = EMA(Raw2) with [Average_Length] number of periods, wt2 = MVA(wt1) with [Signal_Length] number of periods, wt3 = wt1-wt2, where Raw2 = (TP-EMA1)/(0.015*EMA2), TP - typical price, EMA1 = EMA(Typical price) with [Channel_Length] number of periods, EMA2 = EMA(Raw1) with [Channel_Length] number of periods, Raw1 = Abs(TP-EMA1), Abs - absolute value.
Download:
Re: Wavetrend Oscillator
baccicin · Wed Nov 01, 2017 6:02 am
Hello, i can’t see overbought and oversold levels, just 0 line. Is there the possibility to show these levels? Many thanks, have a nice day. Bac
Re: Wavetrend Oscillator
Apprentice · Sat Nov 04, 2017 6:01 am
Try it now.