WaveTrend Filtered Signals (LazyBear Style)

WaveTrend Filtered Signals (LazyBear Style)
This indicator is based on the popular WaveTrend oscillator (LazyBear) and adds several optional filters to improve signal quality:

✅ Available filters:

WT oversold/overbought zones – enabled by default. Signals are shown only if WT was previously in the specified zone (e.g., < -60 for longs, > 60 for shorts).

SMA trend filter – allows filtering signals in the direction of the moving average trend.

SMA position filter – signals appear only when price is above (for long) or below (for short) the moving average.

Consolidation filter – ignores signals during low-volatility sideways price movement.

💡 All filters are optional and can be enabled or disabled in the settings.
The default setup focuses on a clean approach: WaveTrend + oversold/overbought zones, with other filters left for customization.