WaveTrend Momentum Oscillator
WaveTrend Momentum Oscillator – a modification of the popular and convenient WaveTrend oscillator. WaveTrend Momentum Oscillator adds a component in the calculation of the rate of WaveTrend, to more quickly provide more accurate entry point in a trending market.
Do you prefer the original oscillator WaveTrend? WaveTrend Momentum Oscillator It allows you to switch between the tempo and the original versions of the WT. They both provide valuable information depending on market conditions.
When WT lines are above the level perekuplennosti and intersect below the control line, it is a good signal to sell. When WT lines are above the level pereprodannosti and intersect above the reference line, it is a good signal to buy. Colored circles indicate the signals to buy and sell. Differences between WT and price movement may indicate an upcoming turn.
We added the sending of audio, pop-up and e-mails at intersections WaveTrend in overbought conditions (sell signal) and oversold (buy signal). Levels perekuplennosti pereprodannosti and selected by the user. Information about the e-mail recipients and SMTP must be indicated in the MT4 settings before using e-mail alerts.
- WaveTrend Type (Momentum or Original): Selection or tempo of the original type indicator WaveTrend
- Calculation period (Default = 10): the number of bars to calculate WaveTrend
- Averaging period (Default = 21): the number of bars for averaging WaveTrend
- Momentum Length (Default = 4): the number of bars for the calculation of the rate of WaveTrend
- Overbought Level (circles & alerts): User-defined overbought level to draw colored circles and send notifications
- Oversold Level (circles & alerts): User-defined level of oversold to draw colored circles and send notifications
- Turn on / off all alerts: If true, resolve any warning to the false prohibited all alerts
- Alert when signal crosses ctrl above overbought level: If true, the notification will be delivered at the intersection of lines above WT levels perekuplennosti (put signal)
- Alert when signal crosses ctrl below oversold level: If true, the notification will be delivered at the intersection of lines above WT levels pereprodannosti (call signal)
- Turn on alerts message: If true, the update will appear in a popup window
- Turn on alerts sound: When the true signals are supplied to the sound
- Turn on alerts email: If true, the notification will be sent by email
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