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Wavetrend with Crosses

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Published: 16 June 2025

Current version: 1.5

Wavetrend with Crosses

Indicators
Bambang Nugroho
Version: 1.5
Updated: 28 August 2025

Read This : Please provide comments and reviews for future improvements.

WaveTrendPro_Indi v1.05
WaveTrend indicator with enhanced histogram visualization:

WaveTrendPro_Indi v1.05
Indikator WaveTrend dengan tampilan histogram yang lebih jelas:

Histogram otomatis lebih tinggi (bisa diatur dengan parameter HistScale).

Warna histogram berbeda untuk positif & negatif → tren naik lebih mudah dibaca.

Tetap ringan & responsif di berbagai pair/timeframe.

Cocok untuk scalper, swing trader, maupun analisis tren jangka panjang.

Histogram is now scaled higher (adjustable via HistScale).

Different colors for positive & negative bars, making trend direction clearer.

Lightweight & responsive across pairs and timeframes.

Perfect for scalpers, swing traders, and trend-following strategies.

📝 Description

WaveTrendPro_Indi v1.03 is a custom WaveTrend oscillator-based indicator for MetaTrader 5 (MT5). This enhanced version features:

Cross signals (WT1 crossing WT2) shown as arrows.
Histogram to visualize momentum strength.
Overbought/Oversold levels with alerts.
Built-in popup alerts and push notifications to mobile devices.

🎯 Main Purposes

Detect buy/sell signals based on WT1 and WT2 crossovers.
Identify overbought and oversold conditions.
Provide real-time alerts for quicker trading decisions.
Suitable for scalping, intraday, and swing trading.

⚙️ Settings (Input Parameters)

Parameter	Description
channelLength	Period used to compute ESA and deviation
averageLength	EMA smoothing for WT1 line
smoothLength	EMA smoothing for WT2 line
obLevel / osLevel	OB/OS alert threshold
OB_Level_Main / Secondary	OB/OS visual levels
enableAlertCross	Enable alert on WT1-WT2 cross
enableAlertOBOS	Enable alert on overbought/oversold
enablePushNotification	Enable push notification to mobile

📈 How to Use

Attach the indicator to a chart (in a separate window).
Watch for:
- Green arrows below candles = WT1 crossing above WT2 → Buy signal.
- Red arrows above candles = WT1 crossing below WT2 → Sell signal.
- Light blue histogram shows strength of WT1-WT2 spread.
- Alerts trigger when WT1 crosses OB/OS thresholds.
Enable alerts and push notifications for automatic warnings.

Recomendation :

Currencies and Pairs: EURUSD, AUDUSD, XAUUSD...
Timeframe: H1 but work on All Timeframe
Accounts type: Any ECN, Low spread account
Important : Please Focus BUY on Uptrend Market and SELL on Downtrend Market
Combine with other indicator like SnD, SnR, MA for good result and right decision

📝 Deskripsi

WaveTrendPro_Indi v1.03 adalah indikator teknikal berbasis WaveTrend Oscillator yang ditingkatkan untuk platform MetaTrader 5 (MT5). Versi ini mencakup:

Sinyal Cross (WT1 dan WT2) berupa panah pada chart.
Histogram sebagai visualisasi kekuatan tren.
Level Overbought/Oversold (OB/OS).
Peringatan (Alert) berupa popup dan Push Notification ke HP.

🎯 Kegunaan Utama

Mendeteksi sinyal beli dan jual berdasarkan persilangan garis WT1 dan WT2.
Mengidentifikasi kondisi jenuh beli (overbought) dan jenuh jual (oversold).
Memberikan peringatan real-time untuk pengambilan keputusan cepat.
Cocok untuk scalping, intraday, hingga swing trading.

⚙️ Pengaturan (Input Parameters)

Parameter	Fungsi
channelLength	Panjang periode untuk perhitungan ESA dan Deviasi
averageLength	Panjang rata-rata untuk WT1
smoothLength	Periode smoothing untuk WT2
obLevel / osLevel	Batas OB/OS untuk alert
OB_Level_Main / Secondary	Level yang ditampilkan di indikator
enableAlertCross	Aktifkan alert saat terjadi cross
enableAlertOBOS	Aktifkan alert saat OB/OS
enablePushNotification	Kirim notifikasi ke HP via MT5 mobile

📈 Cara Penggunaan

Pasang indikator ke chart di MT5 (di jendela terpisah).
Amati:
- Panah hijau muncul di bawah saat WT1 cross ke atas WT2 → Sinyal beli.
- Panah merah muncul di atas saat WT1 cross ke bawah WT2 → Sinyal jual.
- Histogram biru menunjukkan kekuatan perbedaan antara WT1 dan WT2.
- Saat garis WT1 melewati level OB/OS → peringatan jenuh beli/jual.
Aktifkan alert dan push notification jika ingin diberi peringatan otomatis.

Recomendation :

Currencies and Pairs: EURUSD, AUDUSD, XAUUSD...
Timeframe: H1 but work on All Timeframe
Accounts type: Any ECN, Low spread account
Important : Please Focus BUY on Uptrend Market and SELL on Downtrend Market
Combine with other indicator like SnD, SnR, MA for good result and right decision

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EMA Multi Timeframe (MTF) – MT5 Indicator Description: The EMA Multi Timeframe (MTF) indicator for MT5 allows you to display an Exponential Moving Average (EMA) from a higher (or lower) timeframe directly on your current chart. Example: You can see the Daily (D1) EMA 9 plotted directly on your H1 chart, or even on an M5 chart, helping you align your entries with higher timeframe trends without switching between charts. Key Features: Display EMA from selectable timeframes (M1, M5, M15, M30, H1

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