Hyper Wave
The core oscillator component that fluctuates above and below a zero line, showing the momentum of price action.
Key Parameters:
- Main Length: Toggles the display of the main oscillator (default: true)
- Length: Determines the calculation period (default: 7, range: 5-21)
- Signal Type: Choose between SMA or EMA for signal smoothing
- Signal Length: Controls the smoothing period (default: 3, range: 2-10)
- Divergence Sensibility: Adjusts how sensitive divergence detection is (default: 20, range: 20-40)
- Lower values detect more short-term divergences
- Higher values detect more long-term divergences
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