YD Correction

The indicator is used
for finding the corrections. correction -
this is a temporary price movement in the opposite (or lateral) direction from
the current trend.

In my view, only the dependence on the market - a wave.
Correction is part of this movement, it helps to determine the beginning of a new
wave.

yellow line
indicator is the signal. Its level exhibited pending stop-orders.
For convenience, added levels of take-profit and stop-loss, these levels are set to
pair EURUSD. Level
bezubytka = 30 points (300 points for 5 characters).

If the price has moved away from the entry point to 100 points or more, the signal is false.

Options:

• Period_1 - period to calculate 1


• Period_2 - period for calculating 2


• showFridaySignals - Friday's show signals


• slLevel - stop-loss level


• tpLevel - the level of take-profit


• barLimit - the number of bars for the calculation

Video