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!HH3 |
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!HH3 1 Min pivots D Min pivots no h&g, nmin_min=0, Any maj, no maj h&g, nmajor=4, nmin_maj=0, Prob, no stops, RSI period: 14 RSI_OBV n days=3 n ticks=1.
The explanation is this. The ! tells that it is a phantom signal. The letters are simply code letters, as each signal is restricted to 8 characters.
The next item, number 1, tells us that this is the first condition. A signal may consist of many conditions.
Min pivots The Andrews concept is min pivots. D Daily pivots. The option is Daily, Weekly, etc. no h&g No holidays and gaps. A signal may include bars for holidays and "gaps", where a gap is a price jump. nmin_min=0 Min 0 pivots. A low pivot can follow a high pivot with no bars between. Any maj. Any major. The choice is this, or majors monthly, with each major being in a different month. no maj h&g Majors are defined with pivots that do not incude holidays and gaps. nmajor=4 Majors need 4 pivots between each major nmin_maj=0 The pivots defining the major are min 0 pivots. Prob Probable pivots define the line conditions. The last pivot, a possible pivot, is not used. no stops This signal does not contain stop exits. RSI period The signal includes RSI, with a period of 14 days. This signal contains a obv divergence, one of the technical concepts used.
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