General

  • Periods: Number of previous bars that will be scanned by the indicator to find highs or lows

  • Medium TF: The medium-term time frame, set this parameter value based on your chart time frame and the time frame you select here must be longer than your chart current time frame otherwise indicator will not work properly

  • Longer TF: The longer-term time frame, set this parameter value based on your chart time frame and your selected medium-term time frame, the time frame you select here must be longer than your chart current time frame and medium-term time frame otherwise indicator will not work properly

  • Signal Distance (Pips): The distance of indicator signal dots from bars high/low in Pips

Alert

  • Type: The alert has three types, the popup type shows a popup and triggers the sound, email and Telegram alert if you have set, the triggers type only triggers the sound, email and Telegram alert without showing any popup, the none type will disable the alerting function

  • Show Window: If "Yes" then the indicator will show the alert window upon initialization, you can use this option to set the alert window settings

License

  • Email: Enter the email address you used for purchasing the product, if you haven't purchased yet then leave it empty so you will get a 10 day free trial license

  • Error Color: The color that will be used for showing error messages related to licensing

Update Message

  • Enable: Should indicator show the update to new version notification message or not when a new version of indicator was released?

  • Horizontal Alignment: The horizontal alignment of update notification message

  • Vertical Alignment: The version alignment of update notification message

  • Color: The color of update message, you can use both color names and hexadecimal color codes

How to setup?

You must set the medium term and long term time frames properly based on your chart time frame and the type of trader you are, below are some settings that might help you:

  • For day trading set your chart time frame to M5, medium-term time frame to H1, and long term time frame to daily

  • For short term swing trading set your chart time frame to H4, medium-term time frame to daily, and long term time frame to weekly

  • For long term swing trading set your chart time frame to daily, medium-term time frame to weekly, and long term time frame to monthly