Ozi Arrow is a unique indicator that can display signals in the direction of the main trend and counter trend signals. For calculations, the indicator determines a price channel. If recently the price was at its borders, and all conditions of additional filters are observed, a signal is displayed in the form of arrows.
Ozi Arrow is suitable for any timeframe and any pair. The indicator signals do not disappear under any conditions. A distinctive feature is the presence of a trend filter. If the filter is enabled, the indicator will only generate signals in the direction of the main movement.
Indicator Parameters
- Main Settings:
- OziPeriod – the period for the price channel calculation.
- OziTrendFilter – use of the trend filter.
- OziTrendPeriod – the period for the trend filter calculation.
- Alert Settings:
- Alerts – if true, alert is enabled.
- AMessage – display a dialog window.
- ASound – generate a sound alert.
- AEmail – send an email at the address specified in the Email tab of the options window.
- ANotificaton – send push notifications to mobile terminals.
- soundfile – t5he name of the audio file.
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