This indicator is a Market Scanner (or Screener) based on our main indicator 'TrustedSignals'
The first option of the Market Scanner is the 'Script Version' (V1 or V2). Users can select which version of the Buy/Sell indicator they want to use. The second option of this indicator is the 'Signals Settings'. By default this is set to 'Manual', which allow users to have full control over the signals by adjusting the next 2 inputs ('Reactivity' and 'Depth') 'Signals Settings' input has 3 more options the users can choose from, depending on their trading style and frequency of trades ('ScalpTrading', 'SwingTrading' and 'HoldTrading')
The 2 main Input options for the Buy/Sell algorithm are 'Reactivity' and 'Depth'. By default, the indicator is added to your chart with the best settings we've found so far. -The 'Reactivity' controls how quickly the algorithm reacts to trend changes. The higher the reactivity, the fewer trades on the chart. If the Reactivity input is low, the algorithm will react more quickly, and show more frequent trades. -The 'Depth' controls the position of the signals relative to the trend swing. A lower Depth will allow for more frequent and earlier entries, while a higher Depth will give slower entries.
The Scanner displays the state of 30 selected pairs, indicating the last signal side: 'Long Position Active' or 'Short Position Active' If within the last 2-3 candles, the indicator detected a Buy or Sell signal, it will display a "BUY Now!" or "SELL Now!" warning for that pair.
* The [TS] Market Scanner will show last signal's sate or current buy/sell signals based on the displayed chart Timeframe