ConeWave MA

CoRa Wave is a custom-weighted moving average designed to adapt intelligently to market dynamics. It builds upon the foundational logic of the Comp_Ratio_MA by RedKTrader, incorporating a compound ratio-based weighting curve that emphasizes recent price action while preserving smoothness and structure with pinescript version 6.

This version introduces modular enhancements, including:

A Comp Ratio Multiplier for fine-tuned responsiveness

Optional Auto Smoothing based on wave length

Streamlined plotting for clarity and performance

Whether you're confirming market structure, identifying trend shifts, or seeking a cleaner alternative to noisy indicators, CoRa Wave offers a visually intuitive and mathematically elegant solution.

🛠 Reimagined by @atulgalande75 — optimized for traders who value precision, adaptability, and clean charting. Original concept by @redktrader.