Buying conditions are:
►A smoothened moving average (red) is above the (yellow)
►An is above (black)
►Low five candles ago was still above the
►Low two candles ago reached below the
►Close of the previous candle was above the
►Ema force is disabled or set candles ago (orange) is still above now.
If these conditions are met, Dazzling Bolts will always give you a signal. However, it holds only one position at a time and it will not buy again until it is closed or exited.
There are two ways exiting may happen. Smoothened moving average crosses below or it reaches value based on your settings of and its multiplier.
Settings 10/76/200/true/50/true/true/5/5 shows perfect results on EURUSD 15m chart but it does not guarantee the results. It is only 62 trades which is barely a useful statistical source. It is also highly optimized which means its settings filters out bad trades that may be bad only because of randomnation rather than set market behaviour. You need to test it on 200 trades + before using.
Do you plan to release a study version too? I tried to convert it with no luck. Thanks!