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FATL Arrows AM

This indicator generates signals when the close price values ​​go beyond the channel built using the FATL fast digital filter.

Application is extremely simple:

  • The up arrow is a buy signal.
  • Down arrow - sell signal.

The signal must be confirmed by the price breaking the high/low of the bar on which the signal was given.

The indicator is effective for trend trading.

Thus, to open a position, it is necessary to take into account the trend of a higher period.

Signals against the trend of a higher period are only used to close a position.

The indicator does not redraw.

The signal is given at the moment of completion of the formation of the candle.

The indicator allows you to send notifications to the terminal and e-mail.

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    Version 26.1 2023.10.14
    Updated.
    Version 26.0 2023.10.13
    Updated to version 26+.
    Version 5.50 2023.07.11
    New version.
    Version 5.0 2016.11.08
    Added two new price types for the calculation of indicator.
    Version 4.0 2016.08.17
    Fixed lagging of indicator drawing.
    Version 3.0 2016.08.12
    Fixed indicator display with shift values above 3.
    Version 2.0 2016.07.18
    Added settings.