INVITE-ONLY SCRIPT

Hashem WaveTrend

By rhawshemi
Updated
HASHEM WAVETREND


This indicator is mixture of 4 types of WaveTrends with proper SMA and EMA Smoothings. When the Blue wave crosses the purple wave and if they are in the Lower or Higher Zones, that could be a setup. Also, Customized Godmode with 2 settings and Divergences on Purple Wave are included.
When an Orange Triangle shows up it means the setup is quite powerful.
This can be used on any timeframes and any markets. Don't forget always Higher TF = More Weight and Don't be greedy in CounterTrends.

Besides, VWAP (the difference between the two waves) is plotted. When the Yellow wave is high and near the Fibo levels, It means the trend is just started OR it's near the end.

This indicator is powerful in Swings , Scalpes and Trends on any timeframe, but when the price is ranging in a very tight range, the signals often would be false. So be careful about tight ranges.



Note That The Signals are NOT Confirmed. You must Confirm them with your own TA.
Release Notes
Styling and Colors Update.
Release Notes
Code Tweaks. Added More Options.
Release Notes
Code Optimization.
Histogram Divergence.
borjashashemOscillatorsTrend Analysiswavetrendwt
rhawshemi
Without Risk and Position Management, You WILL Lose Money.

Invite-only script

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