The Silver Lion

The Silver Lion


How the new version works:


1. Retrieves historical candlesticks for the current instrument.

2. Calculates the price change over the selected time horizon.

3. Normalises price movement relative to the average absolute movement.

4. Monitors a strong recent trend, waits for it to weaken, and confirms the signal based on closed candlesticks.

5. The ‘SELL’ arrow indicates a confirmed weakening of a strong uptrend; the ‘BUY’ arrow indicates a weakening of a strong downtrend.


Parameters:


- Analysis timeframe: price movement period, M15/H1/H4/D1.

- Historical bars: number of M1 bars for historical analysis.

- Normalisation period: duration of the normalisation window.

- Signal threshold: minimum strength of the normalised movement.

- Momentum period: the delay for assessing changes in velocity.

- Minimum peak strength: the minimum peak strength.

- Confirm momentum loss: momentum loss is required.

- Arrow offset / Arrow width: arrow style.

- Show information / Show signal values: display of the information panel and values.


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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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