The Binary Wave:
The Binary Wave returns a positive or a negative value depending on how the indicator readings are interpreted. Composite binary wave values depend on the number of individual binary waves included in it. You can "weigh" binary waves readings depending on the quality of their predictive ability by assigning the value to the
corresponding Weight parameter.
Author: Nikolay Kositsin
Thank you for sharing this concept and code.
I was looking for a panel to complement my EA, but with the binary wave I got much more information and can use the weigth to better filter my EA results.
My code is probably messed, since I migrated from EA to indicator, and now I think the indicator can be used in a simpler EA.