DislikedHello,I am a new user.Maybe my question sounds like a BS but i have mention it that i am still NEW and fresh,I'm here for some information about this indicator.I have read all what OP has said but still didn't get it how to use this noob friendly indicator.Need guide.Ignored
Which indicator? Or do you mean the EA?
There is both an indicator and an EA. The EA Is used for trading, whereas the indicator is used for visual confirmation. The indicator draws arrows where trades will be taken. The EA should match those arrows. Or you can use the indicator to trade manually.
Look at pg1 and read the approach. That is basically what the EA/indicator will do. Of course the EA/indicator have more things going on. The EA/indicator try to determine the upper TF direction using whatever options are available in the UseAutoTrend pull down menu.
What you can do is setup a 15m chart and slap on the freebie indicator. in the inputs you will see the nPeriods input. That number actually corresponds to days. So set that to 5 days. that will show you the Freebie trades that may of been taken in the last 5 days. I saw my cause you in reality since the Semaphore repaints some of those trades would not of happened or more trades, that are not shows, would of happened. This is due to repainting.
then what you can do is is cycle thru each of the UseAutoTrend selections so you can see how the number of trades change. This will give u an idea of what you are looking at. There are other things you can change.. but I leave that up to you.
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