Price Control
Price Control settings are global and specify the price change required for trend signals to fire.
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)
Elements of other loaded indicators can also be set as a Source. This allows the use of Lendal Visualizers as a Price Source.
Price Strategy
Specifies if Price Strategy will be adjusted manually or set to a short, medium, or long-term preset.
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.
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