Description
Key Features:
- WT1 & WT2 Lines: Fast and slow oscillator lines for detecting momentum shifts and zero-line/signal line crossovers.
- Overbought / Oversold Levels: Configurable level outputs (OB1, OB2, OS1, OS2) to spot extreme market extensions.
- Customizable Parameters: Adjust Channel Length, Average Length, and OB/OS threshold levels directly from chart settings.
Indicator Parameters:
Medium
- Channel Length: Default 11 (Period for EMA calculation)
- Average Length: Default 11 (Smoothing period for TCI)
- OB Levels: Default 75(OB1) and 55 (OB2)
- OS Levels: Default -75 (OS1) and -55 (OS2)
Use Cases & Trading Strategy:
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- Look for bullish crossovers below the OS levels (-55 / -75) for long entries.
- Look for bearish crossovers above the OB levels (55 / 75) for short entries.
- Recommended for Trend-following and Swing Trading on Forex, Indices, and Commodities across all timeframes.
Summary
Indicator profile
Indicator category
Trend
Output type
Signals
Data requirements
Bars only
Supported signals
Breakout
Divergence
Cross
Reversal
Discussion
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FAQ
EMA
Channel
Moving Average
Stochastic
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.
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Since 10/06/2026
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