Ethereum / TetherUSEducation
HOWTO: Waves
HOWTO video about "Waves" script.
Waves script is a implementation of trend detection done by comparing current and previous candles. It has 2 rulesets for Low and Middle trends with different trend change sensitivity.
It's a great tool for trend visualization but in also hame so disadvatages like lag, a delay between high or low and trend change signal, which can be a real problem in trading.
All setting description was done in this video.
Waves script is a implementation of trend detection done by comparing current and previous candles. It has 2 rulesets for Low and Middle trends with different trend change sensitivity.
It's a great tool for trend visualization but in also hame so disadvatages like lag, a delay between high or low and trend change signal, which can be a real problem in trading.
All setting description was done in this video.
To get access or report problem write on toolkit4trading@proton.me
More details on Website and Youtube.
More details on Website and Youtube.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
To get access or report problem write on toolkit4trading@proton.me
More details on Website and Youtube.
More details on Website and Youtube.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.