The indicator shows trend reversals (entry points).
- Reversals can be highlighted either considering a trend, or regardless of it.
- You can select a strict approach to the definition of reversals or a less strict one.
- It is also possible to choose various periods for the movement preceding a reversal.
Buy right after an up arrow, sell right after a down arrow.
The parameter names are self-explanatory.
- The number of bars for calculation
- Reversals are shown with regard to the trend or without trend
- The degree of importance of u-turn
- The period of motion prior to the reversal
- The arrow type
- Timeframes: M30-W1
- EURUSD, USDJPY, EURGBP, AUDNZD, EURCAD, EURJPY, EURAUD,
- GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, NZDCAD,
- NZDJPY, NZDCHF, АКЦИИ, oil, platinum, indices (H4)
Added the third signal type - TYPE_3.