Price Control

Price Control settings are global and specify the price change required for trend signals to fire.

Strategy Optimization

Volume Controls are global and can powerfully affect strategy performance. Deactivating Price Control may simplify the initial stages of Strategy Optimization. This is especially important when Isolating Factions for optimization.

Price Control Settings

Price Source

Sets the data source used to determine trend direction:

• Open - open price

• High - highest price

• Low - lowest price

• Close - closing price

• Hl2 - average of high + low price (H+L/2)

• Hlc3 - average of high + low + close price (H+L+C/3)

• Ohlc4 - average of open + high + low + close price (O+H+L+C/4)

• Hlcc4 - average of high + low + double-weighted close (H+L+C+C/4)

• Vol - ETH: Volume - Ethereum volume

• Vol - ETH: Volume MA - Ethereum volume moving average

Elements of other indicators loaded on the chart can also be set as a Source. This allows the use of Lendal Visualizers as Confluence factors.

Lendal Visualizers as a data source

Price Strategy

Specifies if Price Strategy will be adjusted manually or set to a short, medium, or long-term preset. Price Control can also be turned off. Deactivating Price Control may prove useful during Strategy Optimization.

Price Deviation Period

Sets the number of lookback periods used to generate Price Std. Deviation.

Price Std. Deviation

Sets the standard deviation used to calculate price trend. Generally, Price Std. Deviation (sd) should be increased as Price Deviation Period (p) is increased. e.g. p = 10, sd = 1.9; p = 20, sd = 2; p = 50, sd = 2.1. However, these settings may not suit some assets.

Trending Price Trigger

Specifies if the price change used to trigger trends will be a percentage or an absolute amount of the asset being traded.