Key Features of the WaveTrend Indicator:
- Channel Length (n1): Set to a default of 10, this feature fine-tunes the sensitivity to price movements, helping you catch trends early.
- Average Length (n2): With a default of 21, this smooths the WT1 line, making your trading signals clearer and more actionable.
- Cross Signals: The indicator sends you alerts when the WT1 line crosses the WT2 line, signaling potential buy opportunities (upward cross) or sell signals (downward cross).
The WaveTrend indicator is perfect for traders looking for dependable trend-following and reversal signals across various timeframes and currency pairs.
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