The TradingWolf Premium Oscillators is a unique and enhanced selection of oscillators designed to help give you an edge on the markets. Within this one indicator you will have access to RSI, Stochastic, MACD, Awesome Oscillator, Wavetrend, Zig Zag Pivots and DPO. Including Divergence and Hidden Divergence signals for them.
Below each indicator is explained along with its enhancements to help you understand it better. This script comes with the 'TradingWolf Premium' to get access, read the Author’s Instructions below.
There are extensive explanations on how to use these oscillators in our documentation on the website but we will give a simple overview here.
RSI We try not to mess with these too much because if used correctly, they are very powerful tools. The main differences you will notice is that we have highlighted the areas where you should be paying attention to the oscillator with reversal/continuation zones. The most popular feature from these will be the 4 divergences which can be toggled on or off in the settings.
Stochastic Stochastic we have tried to keep as similar to the original as possible, main features are being able to select alternate timeframes for it to be calculated on as well as displaying divergences. We have created a highlighted zone for when price enters the overbought/sold territory. A lot of traders will look for crossovers happening in these areas however from our tests we have discovered entering trades as the Stochastic comes out of these areas has hugely reduced losing trades, still not a perfect strategy but it does often show that the trend is showing weakening momentum and its commonly followed by a period of sideways action before continuing in a new direction.
MACD We have calculated a dynamic extreme range for the MACD, you will notice the green/red bars as the bottom and top of the Oscillator. These levels help adjust with the assets volatility so they will work universally on all assets and timeframes. When these levels get more narrow, this indicates there is a potential larger move to come, similar thought process to a Bollinger band squeeze. We like the Divergence signals you receive whilst in this OB/OS range as they give more confluence behind the divergence signal that price has over extended and is looking to retrace or consolidate.
Awesome Oscillator The Awesome Oscillator is based on some pretty simple calculations but is hugely powerful. The 3 main use cases are crossing the 0 value, showing weakening momentum and divergence signals. We Particularly like the Divergence signals it gives us as they tend to be more accurate than any other oscillator.
Wavetrend Wavetrend we try describe as a more dynamic Stochastic/MACD, it moves smoother and quicker without giving too many false signals. Conditions we use the Wavetrend for are similar to the MACD where we are looking for crossovers or divergences in the extreme bands, these shouldn’t be used to trade alone and should be paired with other pieces of confluence for a higher probability trade however this is one of our favourites. We also have a VWAP extreme detector which we pair with the Wavetrend, helping us identify areas where price should start cooling off.
Zig Zag The main purpose of the standard Zig Zag is to analyse historical data to be able to observe cycle's in a market's movement, this requires a bit more explanation than we can include here so please refer to our documentation on the website for further guidance.
DPO The detrended price oscillator is unlike other oscillators, such as the Stochastic or MACD the DPO is not a momentum indicator. It instead highlights peaks and troughs in price, which are used to estimate buy and sell points in line with the historical cycle. We personally think this is the most under-rated oscillator out there, if you simply followed the DPO above 0 for long and below for short on higher timeframes you can outperform the buy and hold return of Bitcoin (BTCUSDT)... This is just one simple way of using the DPO there are other more in depth methods of using it within our documentation.
Versionshinweise
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MACD
Colour tweaks
DPO
Changed calculation method
RSI
Colour tweaks
Versionshinweise
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V1.5 Update All oscillators calculations have been changed slightly
tradingwolf is a scam, they took the money but didnt provide the indicators, no response no replies nothing
sheruscalper
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Can you return my money back If you cant provide the access to paid Indicators ?
sheruscalper
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they took the payment but no access, I think Nobody exists there Just automated message's from payment gateway and in their discords only bots. Just wondering If tradingview have some due diligence performed before allowing the people to advertise and sell their stuff on their platform.
Please nobody subscribe to THIS They provide NO ACCESS! They give you a receipt that you need to contest with your credit card. Why Tradeview will allow this?
rob55240
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Please do not charge me for t12/7/03 you provide NO access