WT_CROSS Dip Buy Signal(ozkan)

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This script identifies potential buy opportunities based on WaveTrend (WT_CROSS) momentum crossing below the -60 level — often indicating oversold conditions.
Additional filters include price being above the Kaufman Adaptive Moving Average (KAMA) and volume below the 5-period average, which helps isolate pullbacks within an uptrend.

Buy Signal Conditions:
WT1 < -60

Price > KAMA

Volume < 5-period SMA of volume

Purpose:
To capture early entries at possible local bottoms during bullish trends while avoiding high-volume breakdown traps.

🔔 You can also set an alert based on this condition.

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Phát hành các Ghi chú

KAMA ve hacim filtreleri eklendi