N-Wave Structure v1.0

N-Wave Structure v1.0
N-Wave Structure v1.0 is a trend-following structure indicator that visualizes N-wave price formations (A → B → C) using EMA-based trend filtering and pivot highs/lows.
The EMA is used to define market bias:
Price above EMA → bullish environment
Price below EMA → bearish environment
Only wave structures that align with the current trend are detected, helping to eliminate noise and low-probability setups.
In an uptrend, the indicator tracks: Low → High → Higher Low
and displays “N BUY” when price breaks above the previous high.
In a downtrend, the indicator tracks: High → Low → Lower High
and displays “N SELL” when price breaks below the previous low.
Wave structures are drawn directly on the chart using connecting lines, allowing traders to visually understand market flow and structural positioning at a glance.
This indicator works on all timeframes and is designed to support trend-following entries for day trading and scalping strategies.