What are the best Trusted Signals Settings? That's really up to the user if you want more or sell buy and sell alerts. In this video Eno our trusted signals ambassador is showing his settings on us30.
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REAL TIME BUY/SELL ALERT (INDICATOR)
The indicator quickly identifies market trends with visual buy/sell alerts on the chart. Useful on any timeframe available on TradingView, even for 1 minute scalping.
TrustedSignals #Indicator includes standard Buy and Sell signals on the chart, based on the current market direction (These signals can be set up as Live Alerts directly in #Tradingview)
The 2 main Input options for this algorithm are 'Reactivity' and 'Depth'. By default, the indicator is added to your chart with the best settings we've found so far.
-The 'Reactivity' controls how quickly the algorithm reacts to trend changes. The higher the reactivity, the fewer trades on the chart. If the Reactivity input is low, the algorithm will react more quickly, and show more frequent trades.
-The 'Depth' controls the position of the signals relative to the trend swing. A lower Depth will allow for more frequent and earlier entries, while a higher Depth will give slower entries.
Our third (secondary) input is 'Trend Length' (the Lookback of our Trend Indicator). TrustedSignals™ is coloring the candles based on the current trend direction. The blue color shows an uptrend, while the red color shows a downtrend. Buy and Sell #signals alerted while the current trend is showing pink (Sideways Market) should be taken carefully, as the market direction is not decided.
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