This is an arrow trend indicator looking for possible price reversals. It can be used as an additional or as the main tool for your trading strategy. The indicator uses the timeframe it is launched at.
- Inp_Period – number of candles for analysis
- Inp_BarsHistory – history depth for displaying arrows
- Inp_BarsCount – number of candles exceeding high/low
- Inp_Shadow – consider High/Low or only Open/Close prices
- Inp_ArrowIndent – indent distance for arrows