📚 Documentation
WaveNodes Professional
Professional 2025Master Advanced Trading with Dynamic Support & Resistance Analysis
Getting Started
📈 Your Learning Journey
Follow this structured path to master WaveNodes Professional:
- 1Foundation: Understand the core concepts (10 min)
- 2Installation: Get the indicator running (5 min)
- 3Modules: Explore each feature (20 min)
- 4Practice: Apply in real trading scenarios (ongoing)
🎯 What You'll Learn
By the end of this guide, you'll be able to:
- Identify high-probability support and resistance zones
- Project price targets using breakout analysis
- Interpret market volatility and probability indicators
- Manage trades with dynamic profit-taking levels
- Avoid common trading traps and false signals
⚠️ Prerequisites
- TradingView account (Free or Premium)
- Basic understanding of technical analysis
- Familiarity with candlestick charts
- Risk management knowledge
Overview
WaveNodes Professional is a sophisticated TradingView indicator that combines wave analysis, breakout projections, and real-time market statistics to provide traders with actionable insights.
Precision Analysis
Advanced algorithms detect market waves and identify critical support/resistance levels with high accuracy.
Target Projections
Breakout-based target calculations help you anticipate where price might reverse or continue trending.
Real-time Insights
Live dashboard with probability calculations, volatility analysis, and market state indicators.
Risk Management
Built-in alerts for potential traps and dynamic profit-taking levels to protect your capital.
⚠️ Important Disclaimer
This indicator is a professional version. Always use proper risk management and never risk more than you can afford to lose. Past performance does not guarantee future results.
Installation & Setup
Get WaveNodes Professional up and running on your TradingView chart in just a few simple steps.
Step 1: Accept the License Agreement
Before using WaveNodes Professional, you must accept our comprehensive license agreement. This includes terms of service, risk disclosure, and disclaimer available at wavenodes.com.
// "I have read and accept License Agreement, T&C, Risk Disclosure, and Disclaimer"
Step 2: Install on TradingView
- 1Visit TradingView.com and log in to your account
- 2Open any chart you'd like to analyze
- 3Click on "Indicators" in the top bar above the chart
- 4Navigate to "Invite-only Scripts"
- 5Select the WaveNodes modules you wish to apply to the chart
- 6Click on 'WaveNodes Professional 2025' to apply it to your chart
- 7Configure your preferences according to your trading style
- 8Start analyzing - begin with the Analytics Dashboard to understand current market conditions
💡 Pro Tip
Start with default settings and gradually adjust based on your experience. The indicator works best when calibrated to your specific trading timeframe and asset class.
Technical Note: WaveNodes Professional is built using Pine Script v5, TradingView's programming language, ensuring compatibility with all TradingView charts and real-time data feeds.
Modules Deep Dive
WaveNodes Professional consists of five powerful modules, each designed to give you a specific edge in your trading.
Module 1: Dynamic Support & Resistance Zones (IWC Module)
Detects real-time support and resistance projection system using advanced intelligent wave calculations (IWC) and price flow behavior analysis. It plots possible support and resistance levels dynamically, matching institutional algorithm behavior, while price is in action.
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🟢 Bullish Cloud or Dynamic Resistance Zone
Examples in chart - A, B, C, D, E and all other green colored boxes / clouds
- • Dynamic resistance levels
- • Institutional behavior matching
- • Real-time plotting
🔴 Bearish Cloud or Dynamic Support Zone
Examples in chart - F, G and all other red colored boxes / clouds
- • Dynamic support levels
- • Institutional behavior matching
- • Real-time plotting
Key Features:
- Adaptive to market conditions
- Highlights reactive price zones
- Optional directional frequency tuning
- Works across all timeframes
📊 Market State Analysis
When price is between red and green box, it is stated to be in balanced i.e. non-trending or range bound state. When price breaks out below red box or above green box, it is in imbalanced i.e. trending state.
Target Projection Module uses cloud breakouts for finding entry point, projecting targets, and calculating failure point.
Elements of Module:
- • Bullish Cloud or Dynamic Resistance Zone: Examples in chart - A, B, C, D, E and all other green colored boxes / clouds
- • Bearish Cloud or Dynamic Support Zone: Examples in chart - F, G and all other red colored boxes / clouds
- • Node line: Shown in latest cloud / box and is median of box, depending on volatility zone i.e. height of the box
- • Volatility zone: Refers to height of the boxes / clouds that varies based on current volatility. This aspect can be ignored as it is taken care by the module itself.
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Settings Overview:
Directional Change Frequency
Fine-tunes how frequently the system updates dynamic zones - Default is 0 for auto; negative values are for capturing aggressive change in directions, while positive values are to capture slower change in direction.
Negative values are preferred by scalpers and traders of highly volatile instruments. While positive values should be preferred by swing / patience traders or the traders of low volatile instruments.
Default: 0
Highlight Reactive Price Action
Visually marks when price movements are possibly reactive i.e. some participant(s) have picked up heavy position and Whales / Sharks are reacting to hit stop loss.
Default: Enabled
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🎓 Learning Moment
Lower sensitivity (-3) works well for scalping and day trading, while higher sensitivity (+3) is better for swing trading and position trading.
Module 2: Targets Projection System
Predicts probable bullish and bearish price targets based on breakout logic and past behavior patterns.
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Key Features:
- Projects multiple bullish and bearish targets
- Supports auto-recalculation on each new breakout
- Option to extend target zones on the chart
- Option to stay aligned with trend and to track targets based on latest breakout
📊 Important Note
# - Breakout of red or green cloud / box of IWC module i.e. an imbalanced state that leads to trend build up.
Target Projection Module uses cloud breakouts for finding entry point, projecting targets, and calculating possibly failure point.
Elements of Module:
- • Target Zones: These zones are projected targets based on the strength of the breakout. Probability is highest that price flow will face strong reversal at these zones. Zones are used instead of points because when a target zone is broken, its lower point acts as a stop or hedging point i.e. risk control point.
⚠️ Key Points to Remember
- • Target 2 is where it is recommended to lock in maximum profit and to keep lower exposure for Target 3
- • At any point in time, if there is trap alert, it is recommended to lock in maximum profit irrespective of target zones hit
- • No position is recommended to be held beyond Target 3 zone. Traders should wait for fresh breakout
- • Target zones are not shown if breakout is considered invalid i.e. fake breakout or reactive breakout or not meeting basic minimum requirements
- • Entry Point: Shown in latest cloud / box breakout. In case of invalid or fake or reactive breakout, same is shown instead of entry point.
- • Levels modified: During subsequent breakouts in same direction i.e. current direction of trade, a notification appears when levels including zones and full hedge levels are modified. This does not alter entry point.
- • Full Hedge Point: Refers to price levels beyond which it is suggested to keep positions fully hedged if you are trading in options. In case of other trading instruments, it can act as optional exit point depending on trading style and risk appetite.
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Settings Overview:
Target Projection System Texts
Displays supporting text labels for targets.
Default: Enabled
Bullish & Bearish Targets
Toggle to enable or disable the respective target types, depending on whether you prefer to trade long (bullish) side, short (bearish) side, or both sides.
Default: Enabled
Always Show Target Projection
Ensures targets are always visible, based on latest breakout, even during balanced state i.e. sideways markets post breakout.
Default: Enabled
Extend Zones
Controls the visual extension of target zones on the chart.
Default: None
Recalculate Targets on Each Breakout
Forces the system to refresh targets whenever a new breakout occurs. Levels are modified on subsequent breakouts only if this option is enabled.
Default: Disabled
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Module 3: Profit Takeaway Level (PTL)
Calculates optimal price levels for partial or full profit-taking, helping lock in gains. Guides your profit booking by identifying high-probability exit zones.
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Key Features:
- Displays PTL directly on the chart
- Complements breakout strategies
- Signals when market conditions deviate from expected profit zones
📊 Important Notes
- • Bullish PTL acts as a strong support level when price is above it
- • Bearish PTL acts as a strong resistance level when price is below it
Elements of Module:
- • PTL Levels: PTL marks projected price points where a wave move is likely to pause, reverse, or consolidate. These levels act as smart exit guides for partial or full profit booking.
PTL Visibility Logic:
When a PTL is not visible, it suggests price is temporarily moving against the forecast or a setup is incomplete. Traders may consider hedging or reducing exposure in such cases. This information can be validated in analytics dashboard as well.
Breakout Beyond PTL:
A price breakout above the displayed PTL often indicates trend continuation. However, it's advisable to proceed with smaller position sizes after such breakouts, as the initial profit zone has already been crossed.
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Color Codes:
Long PTL
Blue (indicates expected profit zone for bullish moves)
Short PTL
Red (indicates expected profit zone for bearish moves)
Multi-Timeframe Consistency:
PTL can appear closer on higher timeframes and farther on lower timeframes. Both levels are valid and reflect the market's multi-scale structure, allowing traders to align strategies for short-term or long-term trades.
Settings Overview:
Show PTL Level on Chart
Displays the projected profit levels directly on the chart.
Default: Enabled
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Module 4: Trap Alert System
Identifies high-risk "trap" zones where traders are prone to making wrong entries due to deceptive price action.
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Key Features:
- On-chart trap alerts
- Highlights potential false breakouts and liquidity sweeps
- Improves decision-making and reduces unnecessary risk
⚠️ Important Notes
- • Hedging Suggestion: When a trap alert appears, it's recommended to hedge open positions or pause new entries, especially if you're trading in the same direction as the majority
- • Important: A trap alert does not confirm a reversal — it highlights risk, not direction
Trap Detection Logic:
TAM scans the chart for conditions where a large group of traders might be lured into taking positions just before the market moves against them. These are often seen during fake breakouts, liquidity sweeps, or sudden reversals.
Visual textual alert appear in dashboard and on-screen depending on settings.
On-Screen Trap Alerts:
When a potential trap is detected, the module displays a clear text alert directly on the chart.
If no traps are present, the module remains silent to avoid unnecessary noise.
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Settings Overview:
Show Trap Alert on Chart
Enables visual textual alerts on chart for potential traps.
Default: Disabled
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Module 5: Trail Zone
Assists with dynamic stop-loss management and trailing profit protection.
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Key Features:
- Trail zone visualization for better risk management
- Stabilization option for smoother trailing logic
- Integrates seamlessly with the PTL and Target Projection modules
📊 Important Notes
- • Dynamic Adjustment: The Trail Zone automatically adjusts as price evolves, making it easier for traders to follow trend strength and avoid premature exits
- • Risk Management Support: The Trail Zone is ideal for locking in profits or protecting capital once a trade moves in your favor, especially during trending markets
Trailing Zone Visualization:
The module displays a red colored zone around price action, marking the area that acts as a buffer for adjusting stop-loss positions. Staying above or below this zone helps guide when to stay in a trade or exit.
Decision Label:
Along with the zone, a label appears on the chart to reinforce the trailing decision visually, showing that the current price is still valid for the trend or warning of possible exit conditions.
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Settings Overview:
Stabilize Trail Zone
Checking this option will update trailing zone at closing of candle only. It enhances the consistency of trailing zones for smoother trailing.
Default: Disabled
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Analytics Dashboard Mastery
Ready-to-go algorithmic insights for real-time market state analysis.
Key Features:
- Displays current position & state
- Predicts probability of bullish or bearish next candles
- Current volatility and threshold
- Marks AI-estimated impact ranges on chart
- Adjustable training data period for AI learning
Features:
- • Current State and Position: Displays live status of trend, shown in form on current position - buy or sell, and state - balanced or imbalanced
- • Algorithm Probability of Red/Green Candles: Estimates the likelihood of the next and upcoming candle's direction. Usually higher difference acts as early information on upcoming change in trend or continuation of a strong trend
- • Calculate Volatility: Calculates market volatility over the selected period. Presented in PPB (points per bar). This helps take benefits of rising and diminishing targets, and lets trader know how many points can be expected per bar on an on-going basis
- - Current Volatility: Average points movement per bar
- - Threshold Volatility: This is the minimum threshold above which price is likely to pick good momentum. Used by options writers and buyers like-wise for making decisions
- • Algorithm Impact Range: Marks the algorithm-assessed price range for significant moves. Breakout of this range can be significant. Impact range can be selected to be shown on chart also
- • Re-tests: Shown when Impact Range on Chart option is enabled. This information is useful to know how many times sames range is decisively tested recently. Decisive testing is the state when price acted abruptly after testing a particular range, can be in form of rejection, exhaustion, or even leading to creation of demand or supply
Additional Settings:
Show Impact Range on Chart
Display information on chart for easy reading.
Move Impact Range Label Up/Down
Adjusts the label position for visual clarity.
Training Period for Calculations
Sets the data window for algorithm learning.
Default: 1000
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🔍 Reading the Dashboard
Current Position: Bullish Zone
Probability Green: 65%
Volatility: 2.45 PPB 🔥
Impact Range: 1.0850 - 1.0920
Interpretation: We're in a bullish zone with a 65% chance of an upward candle. High volatility suggests good trading conditions, and price is within the impact range.
Interpretation Guide
Learn to read the markets like a professional with WaveNodes Professional's comprehensive analysis tools.
Zone Analysis
🟢 Bullish Zones
Green/blue areas where price tends to find support. Look for buying opportunities when price approaches these zones from below.
🔴 Bearish Zones
Red areas where price tends to face resistance. Consider selling opportunities when price approaches from above.
Trading Signals
- Zone Touch + Reversal: High-probability signal when price touches a zone and reverses
- Breakout Confirmation: Wait for price to close outside the zone before entering
- Multiple Timeframe Confirmation: Check signals across different timeframes for stronger setups
Risk Management
Set Stop Losses
Always place stops below recent swing lows for long trades, above swing highs for short trades.
Use Position Sizing
Risk no more than 1-2% of your account per trade. Adjust based on volatility readings.
Monitor Trap Alerts
If a trap alert appears, avoid entering in that direction until the alert clears.
Tutorials & Examples
📈 Tutorial 1: Basic Zone Trading
Scenario: Price approaches a bullish zone during an uptrend.
- Wait for price to touch or enter the zone
- Look for bullish confirmation (e.g., candlestick patterns)
- Enter long when price shows signs of reversal
- Place stop below the zone low
- Take profits at PTL or target levels
🎯 Tutorial 2: Target Projection Trading
Scenario: Price breaks above a resistance zone.
- Confirm the breakout with a strong candle close
- Identify the projected target zones
- Enter long on the breakout
- Scale out at each target level
- Move stop to breakeven after first target
⚡ Tutorial 3: Volatility-Based Trading
High Volatility (🔥): Look for breakouts and larger moves
Low Volatility (🔻): Wait for consolidation patterns and range trades
Normal Volatility: Standard trading conditions - use regular strategies
Settings Configuration
Optimize WaveNodes Professional for your trading style and market conditions.
Essential Settings
License Agreement
Mandatory acceptance of terms and conditions.
Required: Must be checked to use the indicator
Module Toggles
Enable or disable modules based on your needs:
- • IWC Module: Core functionality - recommended to keep enabled
- • Targets System: Essential for projecting price objectives
- • PTL Module: Important for profit management
- • Trap Alert: Critical for risk management
- • Trail Zone: Useful for position management
- • Analytics Dashboard: Essential for market intelligence
Advanced Settings
Training Period
Number of bars used for probability calculations.
- • Short-term: 500-1000 bars (responsive but less accurate)
- • Long-term: 2000-5000 bars (accurate but slower to adapt)
Default: 1000 bars
Troubleshooting
Common issues and their solutions.
🚫 Indicator Won't Load
Solution: Ensure you've accepted the License Agreement in the settings. Check that you're using a compatible TradingView plan.
👁️ No Zones Visible
Solution: Verify IWC Module is enabled. Try adjusting the Directional Change Frequency. Check your chart timeframe - some settings work better on certain timeframes.
📊 Dashboard Not Showing
Solution: Ensure Analytics Dashboard is enabled. Try zooming out on your chart or adjusting the scale. Some elements may be hidden at certain zoom levels.
⚡ Performance Issues
Solution: Reduce the Training Period setting. Disable unused modules. Use on higher timeframes for better performance.
Getting Help
For additional support, visit our support page or contact our team.
Glossary
Key terms and concepts used throughout WaveNodes Professional.
| Term | Definition |
|---|---|
| Fibonacci Levels | Mathematical ratios derived from the Fibonacci sequence, used to identify potential reversal levels |
| Support Zone | Price area where buying pressure typically overcomes selling pressure |
| Resistance Zone | Price area where selling pressure typically overcomes buying pressure |
| Breakout | When price moves decisively above resistance or below support |
| Reversal | When price changes direction, typically at key levels |
| Volatility | Measure of price movement intensity, measured in Points Per Bar (PPB) |
| Trap Alert | Warning signal indicating potential misleading price movements |
| Impact Range | Price zone where market impact is most likely to occur |
Important Disclaimer
⚠️ Stock Market Investment Risks
This document and the WaveNodes Professional indicator are for educational and informational purposes only.
🚫 No Financial Advice
WaveNodes Professional does not provide investment advice, financial advice, trading advice, or any other type of advice. The information contained herein is not intended to be and does not constitute financial advice, investment advice, trading advice or any other type of advice.
📊 Past Performance
Past performance of any trading strategy or indicator does not guarantee future results. Trading involves substantial risk of loss and is not suitable for all investors.
🇮🇳 Indian Market Regulations
This indicator is designed for use in the Indian stock market and complies with general market analysis practices. Users should ensure compliance with:
- • SEBI (Securities and Exchange Board of India) regulations
- • Individual broker policies and platform restrictions
- • Trading and Investment Advisers Act, 1951
- • Any applicable state or local regulations
🌍 Global Audience Notice
While this indicator may be accessible globally, it is designed and optimized for the Indian market context. Global users should:
- • Verify local regulatory compliance
- • Understand that market conditions vary by jurisdiction
- • Consult with local financial advisors or regulators
- • Consider currency, timezone, and market hour differences
⚖️ User Responsibility
By using WaveNodes Professional, you acknowledge and agree that:
- • You are solely responsible for your investment decisions
- • You understand the risks involved in trading
- • You will not hold WaveNodes or its creators liable for any losses
- • You have adequate knowledge and experience in trading
- • You will seek professional advice when needed
🎯 Developing Your Own Strategy
The best approach is to develop your own trading strategy based on thorough analysis, depending on your preferred trading style and risk tolerance.
WaveNodes Professional provides analytical tools and insights, but successful trading requires:
- • Personal Research: Back-test strategies across different market conditions
- • Risk Management: Define clear risk parameters and position sizing
- • Trading Style Alignment: Adapt the analysis to your preferred timeframe (day trading, swing trading, position trading)
- • Continuous Learning: Monitor performance and refine your approach over time
- • Market Understanding: Combine technical analysis with fundamental factors
Remember: No single strategy works for all market conditions or all traders. What works for one person may not work for another.
🔒 Risk Warning
Trading and investing in financial markets involves significant risk of loss. Never invest money you cannot afford to lose. Always do your own research and due diligence.
Last updated: December 14, 2025
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