WTC Step Buy Step Edition CbyCarlo

📊 WT Cross Modified – Step Buy Step Edition (v4)

WTC_StepBuyStep_Edition is an enhanced, practical, and optimized version of the classic WaveTrend (WT) Cross Indicator.
Developed for the Step Buy Step project, this tool helps traders identify market momentum shifts, structural price zones, and potential reversal areas with high clarity and precision.

🔍 Concept & Purpose

This indicator builds upon the established WaveTrend / LazyBear logic and extends it with additional structural intelligence.
The goal is to make overbought/oversold phases and trend reversals easier to spot — while also highlighting historically validated price zones where the market has previously reacted strongly.

⚙️ Key Features
1️⃣ WT Cross Signals

WT1 (yellow) and WT2 (purple) visualize market momentum.

A WT1 cross above WT2 while below the Oversold zone (−53) can indicate potential Long opportunities.

A WT1 cross below WT2 while above the Overbought zone (+53) can indicate potential Short opportunities.

Signals only confirm after candle close to prevent repainting.

2️⃣ Dynamic “WT SignalZone” Panel

Displayed in the top-right corner, this panel shows the last three valid price levels derived from WT signals:

🟢 LonLev – Buy support levels from previous WT Long signals

🔴 ShoLev – Sell resistance levels from previous WT Short signals

These zones act as objective support/resistance structures, based on historical momentum turning points — not subjective lines.

3️⃣ Flexible Calculation Modes

Choose how levels are derived from each WT signal:

Pullback 50% → Midpoint of the signal candle (high+low)/2

Close → Close price of the signal candle

Next Open → Open of the following bar (ideal for system testing)

📈 How to Interpret the Indicator
Market Condition WT Event Meaning
WT1 < −53 & CrossUp Long Signal Potential reversal / buy zone
WT1 > +53 & CrossDown Short Signal Potential exhaustion / sell zone
Price revisits LonLev Support Re-entry or bounce zone
Price revisits ShoLev Resistance Profit-taking or short setup zone

This makes the tool highly effective for:

Swing traders

Zone-based trading strategies

Systematic re-entries

Identifying structural turning points

🧠 Advantages

No repainting (signals confirmed only after bar close)

Works on all timeframes (from intraday to weekly)

Clean overview without clutter or excessive chart markers

Excellent as a filter to confirm market context

💬 Best Use Case

Use WTC_StepBuyStep_Edition as a contextual confirmation tool.
It does not replace a full trading system — but it gives you objective, repeatable, and statistically relevant zones where the market has reacted before.

Combine it with price action, volume analysis, or trend tools for even stronger setups.

© Step Buy Step • Step-Buy-Step.com
Educational trading tool intended for market analysis.
Not financial advice.