// Downloaded From https://www.WiseStockTrader.com /* This scanner was adopted from the posting by Krishna9260 but I have modified the scanner to provide a signal after the close of the current candle for a definite direction. Realtime Wavetrend Scanner which provides BUY/SELL Signals whenever there is a crossover happening. between the Oversold and Overbought limit lines Ideally the lines are maintained at -60 & -53 for Oversold levels and 53 & 60 for Overbought levels. */ TimeframeSet(in15Minute); //Please change this to modify the scanner to suit your favourable timeframe// ChannelPeriod = Param("Channel Period",10,1,50,1); AvgPeriod = Param("Average Period",21,1,50,1); OBL1 = Param("Over Bought Level 1",60,0,100,1); OBL2 = Param ("Over Bought Level 2",53,0,100,1); OSL1 = Param("Over Sold Level 1",-60,0,-100,1); OSL2 = Param("Over Sold Level 2",-53,0,-100,1); ColTCI=ParamColor("TCI Line Color",colorBrown); ColOBL1 = ParamColor("Over Bought Level 1 Color",colorRed); ColOBL2 = ParamColor("Over Bought Level 2 Color",colorRed); ColOSL1 = ParamColor("Over Sold Level 1 Color",colorGreen); ColOSL2 = ParamColor("Over Sold Level 2 Color",colorGreen); XSpace = Param("GraphXSpace",7,0,20,0.5); N1=ChannelPeriod; N2=AvgPeriod; AvgPrice=Ref(Avg,-1); // Typical Price = (H + L + C)/3 //AvgPrice=Avg; // Typical Price = (H + L + C)/3 ESA = Wilders(AvgPrice,N1); D = Wilders(abs(AvgPrice-ESA),N1); CI = (AvgPrice-ESA)/(0.015*D); WT1 = EMA(CI,N2); WT2 = MA(WT1,4); Buy= Cross(WT1,WT2); Sell= Cross(WT2,WT1); CR1 = ValueWhen(Buy,WT1); CR2 = ValueWhen(Sell,WT1); Filter=Buy OR Sell; //Filter=(Buy AND CR1>=-60 AND CR1<=-50) OR (Sell AND CR2>=50 AND CR2<=60); //AddColumn(O,"Open",1.2,fgcolor=IIf(Buy,colorWhite,colorWhite),bkcolor=IIf(Buy,colorGreen,colorRed)); AddColumn(C,"Close",1.2,fgcolor=IIf(Buy,colorWhite,colorWhite),bkcolor=IIf(Buy,colorGreen,colorRed)); //AddColumn(V,"Volume",1,fgcolor=IIf(Buy,colorWhite,colorWhite),bkcolor=IIf(Buy,colorGreen,colorRed)); AddColumn(WT1,"WaveTrend 1",1.4); AddColumn(WT2,"WaveTrend 2",1.4); AddColumn(IIf(Buy,CR1,CR2),"Crossover",1.4,fgcolor=IIf(Buy,colorWhite,colorWhite),bkcolor=IIf(Buy,colorGreen,colorRed)); AddColumn(IIf(Buy,'B','S'),"Signal",formatChar,fgcolor=IIf(Buy,colorWhite,colorWhite),bkcolor=IIf(Buy,colorGreen,colorRed)); AlertIf(Buy,"SOUND c:\\Windows\\Media\\tada.wav","Audio Alert",1); AlertIf(Sell,"SOUND c:\\Windows\\Media\\tada.wav","Afgcolor=IIf(Buy,colorWhite,colorWhite),bkcolor=IIf(Buy,colorGreen,colorRed)udio Alert",2);