📊 WaveTrend Oscillator by PrimeQuant

A refined implementation of the classic WaveTrend (WT) momentum oscillator, designed for clean market cycle detection and overbought/oversold analysis.

⚙️ Key Features

• 📈 WT1 & WT2 lines for momentum tracking and signal confirmation
• 📊 Spread Histogram to visualize momentum divergence strength
• 🎯 Dynamic Overbought / Oversold Levels (configurable)
• ⚖️ Zero Line reference for trend bias detection
• 🧠 Smooth EMA-based calculation for reduced noise

💡 How It Helps You Trade

• 🔍 Detect early trend reversals
• 📉 Identify overbought / oversold exhaustion zones
• 📊 Confirm momentum shifts with WT1 vs WT2 crossovers
• 🚀 Spot continuation vs divergence setups
• 🎯 Improve timing in both scalping and swing strategies

🧠 Trading Use Cases

• Momentum-based entries/exits
• Divergence detection with price action
• Trend pullback confirmation
• Confluence with structure or supply/demand zones

⚡ Built For

• Forex
• Indices
• Crypto
• Commodities

WaveTrend Oscillator by PrimeQuant — designed for clarity, precision, and clean signal interpretation.