The indicator displays signals on the chart according to the strategy of Bill Williams:
Filtering reversal bars by fractals allows you to find more accurate entry points. The corresponding switch is provided in the settings.
Designations:
- The number “1” in the green circle is a bullish reversal bar (in the red circle – a bearish reversal bar);
- The number “2” in the green circle is the signal of the “Second Sage” to buy (in the red circle – a signal to sell);
- The green square is a signal “Special blue light” for buying (red-for selling);
- The number “3” in the green circle is the “Third Sage” signal to buy (also the “Fractal breakout”signal) (in the red circle – a sell signal).