Cipher Wave PROInstall guide
Last updated: 3 October 2026
Cipher Wave PRO works on every TradingView plan, including the free one.
Add it to your chart
- Open any chart on TradingView.
- Open the Pine Editor (bottom panel) and create a new indicator.
- Select everything in the editor and paste the whole Cipher Wave PRO source from your download page.
- Click Save (any name), then Add to chart.
The waves, money flow and dots appear in a pane under the price; the Trend Flip trail, labels and dashboard are drawn on the price chart by the same script.
Free plan: TradingView allows two indicators per chart on the free plan. Cipher Wave PRO counts as one, so one slot stays free.
Settings (gear icon)
| Group | What you can change |
|---|---|
| Trend engine | ATR length and factor of the trail; live preview on the open bar |
| Look | Trail line, fill, candle colouring, background tint, LONG / SHORT labels, colours |
| Moving average | Optional 200 SMA / EMA on price |
| SFP / failed auction | Major level window, reclaim bars for daily and 4h, level lines |
| Cycle clock, Cycle anchors | Bitcoin cycle windows (off by default) and their anchor dates |
| Dashboard | Show / position, higher timeframes, near 200W MA and near ATH thresholds |
| Waves (WaveTrend) | Channel and average length, overbought / oversold zones, VWAP wave, colours |
| Dots and divergences | Green / red dots, divergence dots and labels, divergence thresholds, RSI line |
| Money flow | Volume-weighted (default) or classic, period, height, colours |
| Stoch RSI | RSI and stoch length, K, D |
| Level filter | Emphasise dots at major levels, hide the rest, ATR tolerance, lookback |
Alerts
Right-click the chart, choose Add alert and pick Cipher Wave PRO as the condition: green dot at level, red dot at level, bullish divergence or bearish divergence. They fire on the bar close.
Good to know
- Dots and flips are decided on the bar close. On the open bar a dot can still appear or disappear until the bar closes.
- Divergences are confirmed two bars after the wave turns and do not move after that.
- Not financial advice. This is a tool for reading the chart; no indicator predicts price.