PROTECTED SOURCE SCRIPT
Updated

CDC action zone + WaveTrend By Nussara (strategy)

6 799
This version combines a famous indicator CDC Action zone V.2 and WaveTrend together.

When the WaveTrend cross below -35, it is an indication of oversold. The indicator will show a purple line on top until the WaveTrend is greater than 53.

Buy condition.
1. Purple line appears on the top indicator.
2. CDC Action zone - fast EMA crossover slow EMA.

Sell condition
1. CDC Action zone - fast EMA crossunder slow EMA.

This indicator is Suitable for a 1DAY time frame or more.
Release Notes
revise the script to trade at a specific time.

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.