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Wave Oscillator Confluence Pro
Five market dimensions. One confluence score.
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Hypothetical example for illustration only. Not a trade recommendation. Past signals do not guarantee future results.
Overview
What It Does
A multi-factor confluence scoring system that synthesizes five independent market dimensions — Momentum, Volatility Regime, VWAP Context, Order Flow proxy, and Trend Strength — into graded Buy/Sell signals. Instead of stacking separate indicators and visually guessing alignment, Wave Oscillator runs a scoring engine that weights agreement across all five factors and produces Moderate vs. Strong signals. The only TDL indicator included in all three tiers.
Capabilities
Key Features
RSI State Machine (Momentum)
Tracks overbought/oversold zones using a smoothed RSI wave view. Maintains state memory and detects transitions — scores extremes separately from transition states to reduce noise.
TTM Squeeze Detection (Volatility Regime)
Bollinger Bands vs. Keltner Channels compression detection. Identifies squeeze, release, and expansion states — so you know when to be patient and when to act.
VWAP Deviation (Context)
Measures price extension from VWAP. Provides mean-reversion context when paired with momentum readings — is this a continuation or an overextension?
CVD Proxy (Order Flow)
Candle/volume-derived cumulative delta proxy. Spike detection and divergence analysis reveal when order flow disagrees with price direction.
Confluence Scoring Engine
All five modules feed a single framework: Buy Score vs. Sell Score → Net Confluence → Graded signals (Moderate/Strong) with background intensity visualization. Strong diamonds = highest agreement.
Process
How It Works
Add to any chart
Add Wave Oscillator to any chart on any timeframe. The five analysis modules begin evaluating independently.
Watch for diamond signals
Strong diamonds = highest agreement across all 5 modules. Moderate diamonds = partial agreement. Background intensity visualizes the strength of consensus.
Use squeeze state for timing
Compression state = be patient. Release and expansion = opportunity is opening. Don't force trades during squeeze — wait for the release.
Combine with price and levels
Use alongside other TDL indicators for confirmation. Wave Oscillator works as the universal confluence confirmation tool across all three TDL workflows.
Workflow
Works With
Pairs well with these other TDL indicators.
Formation Scanner
Verify momentum alignment after Formation Scanner finds a setup.
Trade Execution Suite
Confluence confirmation before executing a planned trade.
Institutional Edge Algo v8.5
Momentum confirmation for institutional-identified structure levels.
Delta Flow Pro
Momentum (Wave) + Flow (Delta) = dual-layer confirmation.
Get Started
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Not financial advice. Educational purposes only. This indicator generates signals based on historical data and mathematical calculations. Results shown are hypothetical and for illustration purposes only. Past performance does not guarantee future results. Trading involves substantial risk of loss and is not suitable for every investor. All trading decisions are your own responsibility.