!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.