Bars Deflection
79 USD
Demo downloaded:
28
Published:
2 October 2023
Current version:
1.0
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Can you give more more info on how the 2 parameters work? Thank you!
Hi!
"Bars" is the number of bars by which the current volatility price is calculated. Minimum - 2 bars.
"Deflection" is a coefficient relative to which the quadratic proportionality to the volatility price is calculated.
The signal arrow appears when the estimated future price of the quote goes beyond the coefficient. Thus, the lower the Bars and Deflection values, the more sensitive the indicator.
The level at which the arrow is placed on the chart is the breakout level for changing the existing trend.
For example, a bar closed below the BUY arrow (or above the SELL arrow) - the trend may change to the opposite one.
The choice of parameters depends on the trading strategy used.
Hi!
"Bars" is the number of bars by which the current volatility price is calculated. Minimum - 2 bars.
"Deflection" is a coefficient relative to which the quadratic proportionality to the volatility price is calculated.
The signal arrow appears when the estimated future price of the quote goes beyond the coefficient. Thus, the lower the Bars and Deflection values, the more sensitive the indicator.
The level at which the arrow is placed on the chart is the breakout level for changing the existing trend.
For example, a bar closed below the BUY arrow (or above the SELL arrow) - the trend may change to the opposite one.
The choice of parameters depends on the trading strategy used.
Thank you!
If the indicator is left running, the arrows are all over the chart. Can this be fix?
Tell us more. I do not understand what do you mean.
Do you need to limit the drawing of arrows in history?
If the indicator is left running, the arrows are all over the chart. Can this be fix?
Maybe you want the arrows to be behind the graph (background)?
Maybe you want the arrows to be behind the graph (background)?
Right click on the chart. Select "properties".
In the "Common" tab, check the "Chart on foreground" checkbox.
OK