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rainwalker123  

If this indicator is based on mommentum, I am Mickey Mouse.

Indicator plots arrows against trend and mommentum.

Pankaj Prasade  
rainwalker123:

If this indicator is based on mommentum, I am Mickey Mouse.

Indicator plots arrows against trend and mommentum.

Hi,

indicator has different trading styles. One of them is 'Reversal'. This gives trade signals on trend reversals/ mean reversals. Those signals are, against trend- momentum, meant for aggressive traders.

If you do not prefer to trade against momentum, then please deselect Reversal signals. You can choose them from Inputs section.


regards.

Ahmad Walid  

Hello Traders,

I talked with the developer about having the following parameters added for each Setup, and would like to get your feedbacks and suggestions here in the comments:

Setup# Buy Arrow Color = color selection
Setup# Sell Arrow Color = color selection
Setup# Buy Arrow Shape = code number
Setup# Sell Arrow Shape = code number
Setup# Arrows Width = size number
Setup# Arrows Distance = gap number
Setup# Alerts = true or false

Some of them are already in the Colors section but having them in the Inputs section will allow us to customize the indicator faster and be able to Save\Load them instead of redoing them every time we want to use the indicator on a another chart.
And the new ones will help us see the arrows better instead of overlapping each other or arrows from other indicators, also it will make it easier to know which arrow is form which Setup signals.


Regarding the Setup# Alerts parameter, I will give the following scenario to make it easier to understand:

Trading Style = Customized

Show signals from setup1 = true
Setup1 Alerts = false

Show signals from setup2 = true
Setup1 Alerts = false

Show signals from setup3 = true
Setup1 Alerts = true

Show signals from setup4 = true
Setup1 Alerts = false

Pop-up Sound Alert = true

The result will be is that you can see on the chart signals from all Setups but only get Pop-up alerts for Setup 3 signals instead of alerts for all Setups signals.