CryptoWave Pro v2 — Indicator by CryptoProTools

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CryptoWave Pro v2 delivers the same great wave algorithm as the previous version, but offers more customisation options to allow power users to fine tune every last piece of the puzzle.

In addition to the wave you'll now see the following :

Yellow line = RSI
Red and Green lines (above and below the waves dots) = RSI OB and OS
White lines + labels = Wave Divergence indicator - Showing Regular and Hidden divergences
Coloured Bar at bottom = Money Flow - Bright Red = OS, Bright Green = OB

Super clean and easy to read at a glance, CryptoWave Pro v2 is the upgrade you've been waiting for!

Release Notes:

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Updates as requested by CryptoProTools members :

- Added the wave cross oscillator back in (Not VWAP)

- Added red/green dot strategy options :
- Default = Dots appear when waves cross above or below the threshold
- Dots appear when waves cross above or below zero
- Dots appear any time the waves cross

Thank you to everyone for your amazing feedback so far, I'm glad you are loving this as much as I do!

Release Notes:

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v2.2 Update
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Added quick alert options for the following :

- Blue Wave Crosses Zero (either direction)
- Blue Wave Crosses Under Zero
- Blue Wave Crosses Over Zero
- Green Crosses Zero (either direction)
- Green Crosses Under Zero
- Green Crosses Over Zero

Invite-only script

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 CryptoProTools for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless 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 Community Scripts.

Disclaimer

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