VibeFox Wave Trend
- Indicators
- Version: 1.10
- Updated: 2 July 2026
- Activations: 5
VibeFox WaveTrend — momentum waves, overbought/oversold zones and entry points
VibeFox WaveTrend is a real-time WaveTrend oscillator for MetaTrader 5, built on the well-known LazyBear and VuManChu Cipher logic. It plots the smooth wt1 and wt2 waves in a separate subwindow, highlights the moments price runs into overbought and oversold extremes, optionally paints the Cipher money-flow behind them, and marks the entry signals right on the price chart. All of it is gathered into one modern interactive panel, so instead of squinting at raw line crossings you see momentum, its extremes and the entry point at the very moment they form.
What WaveTrend shows
WaveTrend is a smoothed momentum oscillator. It takes the average price, smooths it through an exponential channel and turns the result into two waves: the fast wave wt1 and its slower signal line wt2. When the waves climb high and roll over, the market is stretched to the upside; when they sink low and curl up, it is stretched to the downside. Because the calculation is double-smoothed, the picture stays clean and readable even on noisy intraday charts.
Two horizontal levels frame the extremes. The OB (overbought) level sits in positive territory and the OS (oversold) level in negative territory, both drawn as dashed lines together with a central zero line. A wave turning down from above OB warns of exhausted buying; a wave turning up from below OS warns of exhausted selling.
Cipher money-flow
On top of the waves the indicator can draw the VuManChu Cipher Money-Flow Area — a colored histogram that estimates whether real buying or selling pressure is flowing into the bar. Green area marks positive money-flow, red area marks negative, and the MFI control sets how strongly that flow is smoothed. Used together with the waves it helps separate a genuine reversal, backed by money-flow, from a thin move that fades.
Entry points
The main value of VibeFox WaveTrend is its automatic entry points: the indicator tracks the conditions itself and places a clear marker right on the price chart. Two independent signal types are available, each with its own toggle.
Entry — WT Cross
The primary signal fires when wt1 crosses wt2 inside an extreme zone. A cross up while the waves are in the oversold area produces a BUY marker; a cross down while the waves are in the overbought area produces a SELL marker. Requiring the cross to happen inside an extreme cuts out the endless mid-range crossings and leaves only the turns that matter.
Divergence
The second signal catches regular divergence between the oscillator and price. When price prints higher highs but the wt1 peaks fall, a bearish divergence is flagged; when price prints lower lows but the wt1 troughs rise, a bullish divergence is flagged. Divergence often precedes the visible reversal, so it works as an early warning or as confirmation for the WT Cross signal.
Buy and sell markers are colored separately with the Buy and Sell colors, so direction is read instantly, while the Size control scales the markers from 1 to 5 to fit any chart density.
Full visual control
The whole oscillator is tuned to your taste. The wt1 and wt2 waves are plotted in the subwindow with the OB, OS and zero levels drawn as dashed reference lines, so you always see how close momentum is to an extreme. The optional Money-Flow Area sits behind the waves in its own green/red coloring, and the entry markers live on the main price chart where you actually trade — never buried in the subwindow.
Interactive on-chart panel
The whole interface is a smooth canvas-based panel built for fast mouse control. All parameters are gathered into tidy rows, and the entry block is set apart with its own gold ENTRY heading, so signal settings do not get mixed up with wave settings. The panel header holds the control icons.
Power — turns the drawing of waves and signals on and off without removing the indicator from the chart.
Settings (gear) — opens and closes the settings section.
Updown (arrows) — moves the panel between a separate subwindow and the main chart.
Close (cross) — closes the indicator.
Resizable — drag the bottom-right corner to scale the panel.
Collapsible — a double click on the header collapses the panel into a compact strip.
Mouse wheel — hover over any numeric field and scroll the wheel to change the value without opening the keyboard.
Settings and personalization
The Settings button opens a section where the panel is fitted to your workspace: a light, dark or automatic Theme, an adjustable panel width, header size, row height and font size. Extra touches let you hide the bottom bar via Hide Footer, shrink the header when collapsed with Mini Header, and automatically collapse the panel on a click outside it. Almost every parameter changes live right on the panel — the input fields on the Inputs tab only set the starting values. You can also run several independent copies on one chart by giving each a unique Instance, to watch different WaveTrend settings side by side.
Entry notifications
You do not need to sit and guard the chart waiting for a signal. Each entry can be sent through several notification channels that are enabled independently right on the panel.
Alert — a pop-up message inside the terminal.
Push — a mobile notification to the MetaTrader app on your phone.
Email — a letter sent through the terminal's mail settings.
Telegram — the alert text together with a chart screenshot, sent straight to your Telegram chat.
Enable only the channels you need, and you will be notified the moment a new entry appears on the symbol and timeframe you are working with.
Visual history (HTML report)
Enable the Html channel, and every entry signal is saved to an HTML report together with a screenshot of the chart at the moment it fired. The report is stored in the terminal's Files folder, in the VibeFox_WaveTrend directory, and opens in any browser — you get a visual log of all the entries the indicator found. A one-click trash button clears the report and its screenshots whenever you want to start over.
Telegram delivery
Signals can also be delivered straight to your Telegram chat — the alert text together with a screenshot of the chart at the moment of detection. Turn on the Telegram channel and enter your bot token and chat id in the inputs.
Delivery rides on the HTML report: each new signal is written into the report, and the report — opened in a browser — forwards it to your Telegram chat on its own. For this reason, enabling Telegram automatically keeps the Html report on, and the two channels work together.
Built-in multilingual help
A full help page is built into the panel, available in 10 languages, so every control is explained right where you use it.
Parameters (Inputs tab)
Most settings can also be changed live right on the panel (the Settings button) — the input parameters only set the initial values at startup.
Wave
Channel Length — the EMA channel length used for the inner smoothing (esa and d). Default: 10.
Average Length — the EMA length that produces the wt1 wave. Default: 21.
Overbought Level — the positive extreme level, drawn as a dashed line. Default: 60.
Oversold Level — the negative extreme level, drawn as a dashed line. Default: -60.
Cipher
Money-Flow Area — draw the VuManChu Cipher money-flow histogram behind the waves. Default: off.
MFI period — the money-flow smoothing period. Default: 60.
Entry Points
WT Cross — signal when wt1 crosses wt2 inside an extreme zone; cross up in the oversold area = BUY, cross down in the overbought area = SELL. Default: off.
Divergence — signal on regular divergence between the wt1 pivots and price. Default: off.
Marker Size — size of the entry marker on the chart, range 1..5. Default: 2.
Buy Color — color of the BUY entry marker. Default: LimeGreen.
Sell Color — color of the SELL entry marker. Default: Red.
Notifications
Push Notification — push notification to the mobile MetaTrader terminal. Default: off.
Alert Popup — Alert pop-up window inside the terminal. Default: off.
Email — a letter through the terminal's mail settings. Default: off.
Html Report — saves every signal with a screenshot to an HTML report (Files folder, VibeFox_WaveTrend directory), opens in any browser. Default: off.
Telegram — send each signal to your Telegram chat (alert text plus a chart screenshot) through the HTML report. Default: off.
Telegram bot token — the token of your Telegram bot, used to send the messages.
Telegram chat id — the id of the Telegram chat that receives the signals.
Panel / Settings
Panel width, px — panel width in pixels, range 300..800. Default: 800.
Header size — header size, 1..6. Default: 1.
Theme — color theme: Auto (by chart), Dark or Light. Default: Auto.
Row height (px) — panel row height in pixels. Default: 34.
Font size — panel font size. Default: 8.
Hide Footer — hide the panel's bottom bar. Default: off.
Mini Header on collapse — show a mini header when collapsed. Default: off.
Close on click outside — collapse the panel on a click outside it. Default: off.
Instance — indicator copy number; lets you keep several independent copies on one chart. Default: 1.
Panel Start Window — where the panel opens at startup: Subwindow or Chart. Default: Subwindow.
