Thanks for asking this question. There are two reasons for the parameter lookback in the input settings. First, due to heavy optimization process (as you probably noticed) it takes a little bit time for the algorithm to finish the optimization process over the past bars. if you increase the lookback, the algorithm needs more time to perform the optimization. So, introducing a lookback parameter enables the user to reduce the unnecessary optimization process over too old history of bars. The second reason of the existence of lookback is for the developers of the expert advisors who would benefit of this parameter to control the amount of look back to the history.

Hi Rasoul

First of all thank you for producing excellent indicators.  Your Adaptive RSI and Stochastic indicators are world class.  I have a question...is it possible to retrieve the

colour of the ARSI and D lines (Adaptive RSI and Adaptive Stochastic respectively) using iCustom ?

Hi Rasoul,

Purchased your Adaptive RSI as you normally use this RSI for your scalpings, which means it should be adequately suitable for short term binary options trading too (15 minutes expiry time to 1 hour). So far I am still on my own review mode thus have yet to trade anything using this indicator...

But I strongly need some proper guidance on the best way to interpret signals provided by this indicator. I use it at M15 TF. Based on several days of observation, the arrows were always drawn at the closure of the previous candle, which, if I think it right, is supposed to suggest the direction of the next candle. 

Nevertheless, the situations I came accross were different, which is explained through the following picture (arrows which I circled in black):

 I changed the Number of Arrows to look back, from 500 to 1000. However, even with this alteration, the results were not really different. Yes I could see that some arrows above provided correct direction of the next candle.

Is there something that I can change in the Input so the arrows come at the beginning of the next candles and not at the closure of the previous candles? 

Grateful if you could assist me in this regard. 

Thanks. 

Hello,

Thanks for purchasing Adaptive RSI. As you mentioned, this indicator is specifically designed for ranging markets to scalp at reversals. This indicator has nothing to do with Binary Options trading, which is a different story. I do not trade Binary Options, but I've heard that candle stick patterns is one of the good indicators for. Nonetheless, one way to use this indicator for Binary Options might be to attach it to a lower time frame (M5, for example) and trade the next 30 minutes or 1 hour candle in the direction of the indicator's arrow.

Best,
Rasoul

Thanks Rasoul. Will try it.

I am actually new to trading binary options. But I am pushing myself to realize that no body is capable of guessing the direction of the next candle correctly all the time. 

Hi i would like to know:

this indicator is recommend for which pairs and which timeframes is recommend?

Thanks 

Hello,

This indicator is suitable for ranging markets (any currency pair which is in ranging is good for being scalped by this indicator). I personally use this indicator on M5 and M15 time frames.

Best,
Rasoul

Ok. Thanks for your info. Any "recommendation/suggestion" about the SL/TP using this indicator?

The payment is one time? I will have all lifetime? How do the purchase? Thanks 

Hello,

Regarding the SL/TP, I personally use trailing stop and hedging for my scalping trades. However, I won't set SL more than 6.0 pips. I also should mention it that I do not scalp pairs with high spread (more than 2.5 pips) in general.

The payment is one time and for life-time. You can purchase this product directly from your MT4 platform. Open the terminal <Ctrl+T> and click on <Market> tab and search for <Adaptive RSI>, then you can purchase it to be downloaded into your platform directly.

Best,
Rasoul

Ok Thanks for your reply! I will purchase.

One doubt is necessary to have the graph open for example eurusd to received the notification?I will need to have the pairs all open which i need to received the notifications, correct?

Thanks