OPEN-SOURCE SCRIPT
WaveTrend & Supertrend Comparison/Combined
This compares two reasonably reliable strategies and shows where they are in agreement.
When the top line is GREEN - Then consider BUYing
When the top line is RED - Then consider SELLing
There are also alerts available.
When the top line is GREEN - Then consider BUYing
When the top line is RED - Then consider SELLing
There are also alerts available.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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