— HOW IT WORKS
What WaveTrend does, and when it works.
WaveTrend (popularised by LazyBear) is a smoothed momentum oscillator that bands price around a channel and flags overbought/oversold crosses. Its smoothing makes the signals feel cleaner than raw Stochastic while still being responsive.
It became a crypto staple because its divergence cross signals tend to fire early on majors, and it underpins more complex tools like VuManChu Cipher. Many traders watch the cross plus the divergence dots together.
Like every oscillator it struggles in strong one-way trends. It is a mean-reversion tool first.
— BEST FOR
Where it earns its slot.
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