I tested the strategy version of this indicator on Coinbase:BTCUSD and compared the results to the Parabolic SAR . I changed the settings on both indicators to achieve the best results on each indicator. This indicator outperformed the Parabolic SAR by a large margin.
You need to calibrate the indicator depending on the asset and time frame. Default options are calibrated for 1h on BTCUSD. It works best in trending markets.
This indicator has a multi timeframe feature as well.
Very good second edition, the first edition is already very powerful, there is great anticipation for your second edition. thank you.
cI8DH
⋅
@OYLFLMH, thanks. don't forget using my UMACD with this ibb.co/ez3PkA. I will publish the strategy version of it as well soon.
Heroturk
⋅
@cI8DH, This is the 4h setting that has been working perfectly. I changed the settings in your picture but I didn't like the signal points. : D seems like the first setting is https://better.https://ibb.co/gw9dNq standard version