PROTECTED SOURCE SCRIPT
Updated Wavelet basic

green = buy, red = sell, Enjoy it while it lasts. Wavelet basic v0.1
Release Notes
peak checkingmore precision graph
Release Notes
Wavelet basic 0.12 Mathematical error correctionRelease Notes
Wavelet basic Ver1.3 Add 'Interval(Min)' menu.
'Interval(Min)' menu do not change automatically.
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Wavelet basic Ver. 0.131input error fix etc.
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Improved interval input.Release Notes
Wavelet basic 0.3More accurate figures.
Add 'alertcondition'.
Enjoy it!
Release Notes
Ver 0.31 Corrected color error.Release Notes
Wavelet basic Ver. 0.32 Corrected color error.Release Notes
Wavelet basic Ver. 0.33 Corrected color error.Release Notes
Wavelet basic V0.46 Change the interval input method.
I changed the indicator algorithm a little bit.
Release Notes
Wavelet basic V 0.47 Alert condition error corrected.
You must select 'buy' or 'sell' when setting the alarm and do not switch automatically.
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Wavelet basic V0.49Add a 'limiter' to avoid unnecessary signals when the value fluctuates heavily.
Release Notes
Wavelet basic V 0.550. Remove a 'limiter'.
1. Add [Fluctuation Rate]
To check for sudden fluctuations.
After a sharp fluctuation, there is a change in flow.
The sharp points of fluctuation are shown in blue (falling) or purple (rising) color lines on the chart.
The appropriate values are 15 to 36. or freely set to suit the intended use.
2. Repaint exists in the middle because it is calculated separately by [interval(min)] value,
Worst case, after the [interval(min)] value at the best point
you will be able to decide on a deal.
3. Since chart varies heavily according to the value of [interval(min)],
it is recommended that you make a slight change in the value of [interval(min)]
before making a decision.
4. In the interval(min) intermediate time, the indicator color may change in seconds.
Over time, we still have indicator values calculated in one minute units.
The indicator color can be fixed by changing the interval(min) value.
5. If you want to win in a matter of minutes,
Use 1 minute or 3 minutes chart.
You can use [Interval(min)] values are 6, 7, 10, 11,12,13, 18, 20, 21, 24, ...
6. If you want to win for hours or days,
Use a 5 minute, 10 minute, 15 minute chart or obove.
You can use [Interval(min)] values are 30, 45, 60, 120, 240, 360, 480, ...
7. [Interval(min)] value should be 6 to 30 times the chart resolution(1min, 3min, 5min, ... ).
8. [Response] values from 50 to 120 are appropriate.
In most transactions, it's about 75.
Release Notes
Wavelet basic V 0.55100. Fix version change description error
0. Remove a 'limiter'.
1. Add 'Fluctuation Rate'
To check for sudden fluctuations.
After a sharp fluctuation, there is a change in flow.
The sharp points of fluctuation are shown in blue (falling) or purple (rising) color lines on the chart.
The appropriate values are 15 to 36. or freely set to suit the intended use.
2. Repaint exists in the middle because it is calculated separately by 'interval(min)' value,
Worst case, after the 'interval(min)' value at the best point
you will be able to decide on a deal.
3. Since chart varies heavily according to the value of 'interval(min)',
it is recommended that you make a slight change in the value of 'interval(min)'
before making a decision.
4. In the interval(min) intermediate time, the indicator color may change in seconds.
Over time, we still have indicator values calculated in one minute units.
The indicator color can be fixed by changing the interval(min) value.
5. If you want to win in a matter of minutes,
Use 1 minute or 3 minutes chart.
You can use 'Interval(min)' values are 6, 7, 10, 11,12,13, 18, 20, 21, 24, ...
6. If you want to win for hours or days,
Use a 5 minute, 10 minute, 15 minute chart or obove.
You can use 'Interval(min)' values are 30, 45, 60, 120, 240, 360, 480, ...
7. 'Interval(min)' value should be 6 to 30 times the chart resolution(1min, 3min, 5min, ... ).
8. 'Response' values from 50 to 120 are appropriate.
In most transactions, it's about 75.
Release Notes
Wavelet basic V 0.56 1. Add 'high pass level'
2. Add 'base line level'
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Wavelet basic V. 0.581. Add stop loss guide line short or long or both.
During position maintenance, a guideline appears.
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Wavelet basic V. 0.5811. Change input method to simple.
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Wavelet basic V. 0.5821. Add 'Date range'
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Wavelet basic V. 0.5831. Change to overlay format
2. Add 'LONG' 'SHORT' 'BOTH' menu
3. This is NOT strategy but indicator.
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Wavelet basic V. 0.5841. Change colors
2. Add title for shapes.
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Wavelet basic Ver. 0.621. menu for less repainting :
Let 'High Pass Shift' and 'BaseLine Shift' be a non-zero value.
Release Notes
Wavelet basic V. 0.641. It changed 'Responseveness' to 'standard devolution'.
If the standard deviation is set, the script determines the sensitivity in real time.
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Wavelet basic V0.661. Changed the algorithm slightly
Release Notes
Wavelet basic V0.681. Algorithm error correction
2. Optimize algorithm coefficients
Release Notes
Wavelet basic V. 0.71. Improved algorithm accuracy
2. Optimize algorithm coefficients
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Wavelet basic V. 0.7011. Improved algorithm accuracy
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Wavelet basic V 0.7021. Setting 'Trail Long Loss' or 'Trail Short Loss'to 0 eliminates loss limits.
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Wavelet basic V 0.7041. Changed the algorithm slightly
Release Notes
Wavelet basic V 0.7061. Code Cleanup
Release Notes
Wavelet basic Ver. 0.8 Pine script version=5 code renewal Sometimes re-paints and It doesn't update in real time.
Do not use it for real investments!
Release Notes
Wavelet basic Ver. 0.81 Pine script version=5 code renewal Sometimes re-paints and It doesn't update in real time.
Do not use it for real investments!
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.