To open the settings menu, place your mouse pointer over the indicator title on your chart, you will then see a list of icons appear, and click on the gear ⚙️ icon.You can also open the settings panel by double-clicking any element displayed by the toolkit.
Show bullish/bearish signals when the Trend strength is above 50%.
Presets allows users to easily enable multiple features at once from a selected option.
Note that when a preset is selected some settings such as the toggles of the displayed overlay indicators can become inactive/not usable. If you wish to further customize the Signals & Overlays® toolkit, we suggest disabling the Preset and manually customizing the settings.
On the other hand, filters allow users to display confirmation/contrarian signals when a specific overlay or metric behavior is respected.
Enable the ML Classifier for the returned signals. Signals will be classified between groups 1, 2, 3, and 4, with 1/2 indicating replacements and 3/4 signals in accordance with a main trend.
The sensitivity setting controls how sensitive the signals generation algorithms are to shorter term price variations, with higher values of the setting returning longer term signals.To learn more about signal settings see the following page.
Return take profits/stop losses levels based on the user set custom alert creator condition triggering. Unlike other options this one assumes a bullish sentiment, returning take profits above the price and stop losses below the price.
Control how far away take profits/stop losses levels are located from the price, with higher values returning levels located farther away from the price.
ML Classifier filter. This input allows filtering out classified signals that are not specified in the input.For example if the input only contains 12 then only signals classified as either 1 or 2 will be displayed.
Enable the autopilot sensitivity algorithm to return longer term signals.
Allows enabling autopilot sensitivity for the selected signal algorithm. When autopilot is enabled changes in the sensitivity settings will not affect signals.
The “Invalidate On Step 1” behavior allows to reset an incomplete sequence of conditions when the condition on step 1 trigger. This prevents the first step condition from happening in between other steps of the condition sequence.This behavior is useful when the first step of our sequence of conditions needs to never be repeated during the sequence.
Example
Let’s take an example where we use 3 regular steps.
1
Step 1
Step 1 condition trigger, we will now evaluate step 2 from now on.
2
Step 2
Step 2 condition trigger, we will now evaluate step 3 from now on.
3
Step 1 Trigger
Step 1 condition trigger, we start evaluating step 2 from now.
The “Invalidate On Any Repeated Step” behavior allows to reset an incomplete sequence of conditions when a step is triggered such that it does not respect the user-set order of conditions.This behavior is useful when we want a perfectly ordered sequence of conditions to complete, without any step repeating itself.
Example
Let’s take an example where we use 3 regular steps.
1
Step 1
Step 1 condition trigger, we will now evaluate step 2 from now on.
2
Step 2
Step 2 condition trigger, we will now evaluate step 3 from now on.
3
Step 1 or 2 Trigger
Step 1 or 2 conditions trigger, we start evaluating step 1 from now.
Invalidation behaviors allows adding more restrictions to a sequence of conditions, users can use two different invalidation behaviors described below.
Maximum allowed horizontal distance (in bars) between two steps.If the amount of bars since a step exceed the selected threshold, then the conditions sequence is reset, and we start evaluating from step 1 again.
When a custom alert condition is set, a visual element is displayed at the bottom of the chart in order to more easily visualize when the custom alert conditions occurs (displayed by default).