OsMagic MinMax AA TT Arrow Trading Indicator

OsMagic MinMax AA TT Arrow Trading Indicator - is the practical realization of the idea of finding an asymmetric fractal for the OsMA histogram, made in signal form.

The author of the indicator OsMagic MinMax AA TT is Tankk - one of the "gurus" of indicator building forum forexsystemsru.comknown to traders for its original and effective technical indicators.

OsMagic MinMax AA TT Arrow Trading Indicator
OsMagic MinMax AA TT Arrow Trading Indicator

The author of the OsMagic MinMax AA TT indicator offers two basic sets of settings.

First option:

  • BarsLeft = 5;
  • BarsRight = 1;
  • ARROWBAR = 1;
  • SIGNALBAR = 1.

In this variant of settings the arrow will appear earlier, and if it does not disappear: the alert will also appear at the first seconds of the next candle (at the new tick).

Second option:

  • BarsLeft = 5;
  • BarsRight = 1;
  • ARROWBAR = 2;
  • SIGNALBAR = 0.

In this version, the arrow and the alert will appear on a new candle (on a new tick), and the arrow itself will not be re-drawn, because it will already be a fully formed fractal.

OsMagic MinMax AA TT Arrow Trading IndicatorIt will certainly deserve the closest attention, and will find its rightful place in trading strategies.

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