The WaveUP Indicator© algorithm compares the data provided by the chart regarding prices, volatility, order flow, and all the relationships between buyers and sellers of each financial instrument.
The result of this calculation gives a signal of trend reversal which with high probability will continue its course.
BUY and SELL signals are reported immediately, in whatever time-frame is used, the instant they are generated.
The indicator is designed to avoid the phenomenon of “ repainting ” since it is based solely on historical price data valued at candlestick close.
Set up alerts and receive timely BUY or SELL signals on the chart, in your email inbox, on the TradingView® app, or via text message
Everything under control
From the indicator set-up, to the situation of key market indicators
The indicator adapts to the type of chart chosen, showing BUY and SELL signals with the same calculation methodology.
WaveUP Indicator operates on any time-frame setting by automatically adapting the generated BUY/SELL signals.
In the presence of reversal signals, a “BUY” label on a yellow candle: this will be a clear entry signal on the beginning of an uptrend. The label “SELL” and the corresponding candle coloration in orange will instead indicate the exit signal for the beginning of a downtrend.