The indicator determines the entry signals on the confirmation of the standard RSI indicator and displays them on the price chart as arrows correspondingly. On timeframes above one hour, signals to enter the market are fairly accurate.
EasyArrows is simple to use and doesn't repaint but it is advisable to use it with additional filters of price not time. A good filter I personally use is the meanrenko (I can send the indicator to you as a bonus on full purchase). Once the arrow appears and the renko bars are pointing down, for instance, you may place a short trade and wait for the opposing signal to exit. Please trade at your own discretion and apply sound money management technique.
- RSI period- This shows the moving average period of the RSI at its default set value.