Mi script

📝 DESCRIPTION

This indicator is based on the WaveTrend oscillator, designed as a momentum and timing filter, not as an automatic trading system.

The logic is simple and disciplined:

📊 Mid-range zone → no trades

🔴 Upper zones → look for short opportunities only with confluence

🟢 Lower zones → look for long opportunities only with confluence

WaveTrend cross signals are used only as confirmation, never as standalone entries.

Features included:

Main WaveTrend line + signal line

Clear overbought and oversold zones

Optional histogram

Candle coloring for quick market reading

Customizable alerts

This indicator is intended to be combined with:

RSI

Stochastic

Market structure

Support and resistance levels

⚠️ Not financial advice.
For educational purposes only. Use at your own risk