the first input, the reference period is the period or number of bars that we are looking for a pullback. In other words, if it is set to 20, we are looking if a pullback fot the last 20 candles has come to an end. If it is set to 5, we are looking for a much smaller pullback, for 5 candles.
The input "Filter signals by OB/OS condition" filters the signals if the pullback created an overbought or oversold consition at the end of it. In other words, if a pullback happened but price didn't make an overbought or oversold condition, we don't have a signal.
Have been looking for something like this for ages. Using on 1 minute chart and seems great thanks!
Thanks for your feedback :) You have PM
hello,
some arrows disappear if one changes the timeframe.
can u check?
Hello,
can you please increase the number of activations?
what are the settings
what are the settings
Hi,
the first input, the reference period is the period or number of bars that we are looking for a pullback. In other words, if it is set to 20, we are looking if a pullback fot the last 20 candles has come to an end. If it is set to 5, we are looking for a much smaller pullback, for 5 candles.
The input "Filter signals by OB/OS condition" filters the signals if the pullback created an overbought or oversold consition at the end of it. In other words, if a pullback happened but price didn't make an overbought or oversold condition, we don't have a signal.
The rest of the inputs are quite intuitive.
Regards !
Hello,
5 activations is too few, could you please increae?
Hello,
5 activations is too few, could you please increae?