Correct Entry Indicator displays on the chart some relatively correct points of potential entry into the market. It is based on the hypothesis of non-linearity of price movement, according to which the price moves in waves. And the indicator displays the specified points based on some models of price movement, as well as technical data.
- Accuracy-A parameter that characterizes the degree of accuracy of the input signals. It can be varied from 0 to 100. The default value is 100. When this parameter is reduced, the accuracy of the signals decreases, but their number increases.
- Alert – when the indicator signal is received, an alert can be generated. On – display of the alert, Off-the alert is not generated. The default value is False.