Lucky Parrot
Lucky Parrot is a trend indicator. On it you can visually determine, at what stage is the price. Blue color histogram indicates the uptrend, red - on downward.
The indicator is not redrawn. Changing parameters settings Offset Factor, we get more or less signals. The smaller the value, the more signals.
Options
- Applied Price - price indicator MA (0 - Close, 1 - Open, 2 - High, 3 - Low, 4 - Median, 5 - Typical, 6 - Weighted)
- MA's Period - indicator period MA
- MA's Method - calculation method indicator MA (0 - SMA, 1 - EMA, 2 - SMMA, 3 - LWMA)
- ATR's Period - indicator period ATR
- Volatility's Factor or Multiplier - volatility coefficient (correction factor)
- Offset Factor - risk factor (the correction factor)
- Show alerts - Enable / disable visual and audible alerts
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