This is your regular WaveTrend Oscillator, which was originally scripted by LazyBear, but I updated the source code to Pine Script version 4, refactored the logic, and made the indicator more aesthetically pleasing.
Hi there :-) Nice work thank you! I would be very grateful if you could tell me how to set an alert on your wave trend indicator when the plot 6 (green) crosses above and below plot 7 (red)? Or when the orange and green dots appear on the original? I have tried 6 or 7 different combinations on the drop-down menu and I can't get it to trigger?
tsico
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thanks for this. never heard of it. will make use for a newbie like me.