Install guide

Last updated: 3 October 2026

Both scripts work on every TradingView plan, including the free one.

Add them 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 code of one script from your download page.
Click Save (any name), then Add to chart.
Repeat for the second script.

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. Cipher Wave Levels draws its levels on the price chart, to the right of the last candle.

Free plan: TradingView allows two indicators per chart on the free plan. Cipher Wave PRO and Cipher Wave Levels fill both slots.

Cipher Wave PRO 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 levels)	Classic daily SFP and 4h trigger (off by default), level window, level lines
Range SFP	SFP long / short labels (S/L under / above) for 4h, daily and weekly ranges, live range lines, swing settings, colours, icon size
Failed auction (FA)	FA long / short labels on the daily or weekly range, range 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	Small green / red dots (off by default), big divergence dots in the pane and on price, 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

Cipher Wave Levels settings

Group	What you can change
Data	Levels from this chart (default) or from a reference symbol
Show	Prior day / week / month / year high and low, 90-day high / low, opens, prior POC / VAH / VAL, session VWAP
Naked	Naked daily / weekly / monthly POCs and naked highs / lows, how many per side
Untouched blocks	Daily, weekly, monthly and yearly blocks
Look	Labels on the right, price next to the name, colours by timeframe

Alerts

Right-click the chart, choose Add alert and pick Cipher Wave PRO as the condition. Named conditions: bullish or bearish divergence, trend flip LONG or SHORT, range SFP long or short, and the classic daily SFP. Choose Any alert() function call to also get the FA long / short labels and the dots at a major level, with the price and the S/L level in the message. Alerts fire on the bar close. Cipher Wave Levels has no alerts.

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.