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Indicators: NxBars

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Automated-Trading
Admin
101243
Automated-Trading  

NxBars:

A semaphore signal indicator with a prediction. The newest signal appears on the bar distanced from the current bar. The distance is defined by an input parameter

input uint  HowManyBars=5; // number of bars for analysis

Figure 1. The NxBars indicator

Author: Nikolay Kositsin

Innate
11
Innate  

Thank you very much for you indicator. 

How do you determine the best setting for HowManyBars?

Is anybody else using this indicator? Thanks.  

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