It allows you to find the market reversal points. Indicator is recommended to be used on RangeX and RangeZ charts.
The algorithm of this indicator is closed by agreement with the author and it is available only in our platform. RTIndicator is an artificial intelligence system that combines the Range (size) and trend (direction) of the market. It allows you to find the area of a market reversal. An arrow differs from a dot by an additional filter. We recommend using RTIndicator in combination with various Range chart options.
Indicator view on the chart.
To add and set up this indicator, open the Indicators Setup window.
Alert File – choose an audio file for the alert sound.
Alert Filter – alert filter setup.
BackGround – color setup of the background.
Use Alerts – turn the alerts on/off.
Buy Color – color setup for the buy signal.
Sell Color – color setup for the sell signal.
AutoFilter – turn on the automatic filtration option.
Filter – manual filter for precise setup. A separate filter is recommended to be used for each instrument. When you run the indicator for the first time, do it with the Autofilter option enabled. Then, change the Filter values manually for a more precise setup.
Also read the following article on a similar topic:
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