The White line shows the moving average of as an oscillator
The Green line is the fast ( ) of & the Red line is the slow of .
The Blue area is the of WaveTrend WT
How to read:
If the , or WT crosses above a programmed threshold and the other lines are also within a pre-defined buy range then the background will change to green for buy.
If the , or WT crosses below a programmed threshold and the other lines are also within a pre-defined sell range then the background will change to red for sell.
Where requirements are not met, the background is neither green nor red.
There are also red and green indicator x’s at the top/bottom of the indicator. They show a drastic change in within a short period. This often indicates an immediate buy or sell opportunity.
Buy, Sell, Exit Buy and Exit Sell alerts are included.
Use the link below to obtain access to this indicator.
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact KeironRichie for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it until you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Public Library.
Warning: please read before requesting access.