Settings

Setting

Description

Default

Strength

Controls the smoothing of the signal line (volatility strength)

12

Direction

Determines the DI+ / DI- window for directional movement

7

Base

Lower strength threshold used to define a non-trending state

20

Ceiling

Upper strength threshold used to detect trending conditions

35

Profit Taker Bars

Number of bars after which to trigger a profit-taking exit

1

📌 Notes

  • Use the signal alerts (goLong, goShort, longExit, etc.) to automate trade execution.

  • Combine with SmartMoney zones, Premium/Discount levels, or other indicators for confirmation.

  • Filter band color is useful to avoid signals in ranging or choppy markets.

Would you like an additional section that describes how to trade using this indicator in conjunction with Premium and Discount Zones?

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