(glow#GLOW#grad#C1#C2…#r{deg}#f3#o1)
A wave is an animated gradient name. f sets the speed (f1 fast to f4 slow) and o sets how tightly the gradient repeats (o1/o2/o3). Colours are the same as Name Gradient.

Needs the Namewave power (plus Namegrad, Namecolor and Nameglow). Token positions are being verified on xat.