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Instrument: REA_High&Low
Disclaimer

The graphic studies and any other indication generated by the software should not be considered as personalized investment advice or even as investment recommendations. The setups generated by the software search for market conditions developed on prices in the past and are useful for statistical purposes.

The software is not able to work autonomously and requires various inputs from the trader for pattern research, statistics processing and any other expected functionality.

Description

The indicator REA_High&Low allows you to graph the maximums and minimums of different Structures, Internal, Fast and Slow.

 

Functionality

  • Colored lines of the Maximum and Minimum not violated with the relative writing of the structure to which they belong.

 

Parameters

CountBack

  • Internal Structure: Enter the number of candles that the indicator must count back to draw the lines of the Internal Structure (the lower the Timeframe, the higher the value must be to detect the right zones)
  • Fast Period: Enter the number of candles that the indicator must count back to draw the lines of the Rapid Structure, the value must be higher than the internal structure but lower than the Slow Period (the lower the Timeframe, the higher the value must be for detect the right areas)
  • Slow Period: Enter the number of candles that the indicator must count back to draw the lines of the Slow Structure, the value must be higher than the internal structure but lower than the Slow Period (the lower the Timeframe, the higher the value must be for detect the right areas)

Downloads

Download the REA_High&Low for the cTrader platform
License:
FREE

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