Simplified VMC

Simplified VuManChu B — TanTechTrades™

This script is a streamlined version of the popular VuManChu WaveTrend + Divergence indicator. It focuses on the core logic of WaveTrend crosses, divergences, and golden buy signals while keeping visuals clean and lightweight.

🔹 Features

WaveTrend (WT) Oscillator with customizable lengths

Overbought / oversold levels with optional deep oversold threshold

Bullish & Bearish Divergences detected automatically (plotted as circles)

Golden Buy Circles (special oversold + RSI confluence signals)

Buy & Sell crossover circles for WT1 / WT2

Alerts for divergence and golden buy signals

Dark background option for clear contrast

🔹 How It Works

Bullish Divergence: Price makes a lower low, WT makes a higher low

Bearish Divergence: Price makes a higher high, WT makes a lower high

Golden Circle: Oversold bullish divergence + RSI confirmation

Plots crossover signals to highlight potential trend reversals

This version removes unnecessary extras from the original VuManChu script, making it lighter, faster, and focused only on the most powerful signals.

⚠️ Disclaimer: For educational purposes only. Not financial advice.