Choosing the right custom indicator option
The correct custom indicator option will depend on how your indicator works and the way in which you want to use it.
Note: Custom indicator names often give you a clue as to which type they are. However, do not limit the custom option choice based only on their names. The names are only indicative, and indicators can often be used in more than one way.
Let's start:
Do you want to use only one indicator element?
For example, a single type of bar, just a line, or another type of element that is continuous over time (without gaps).
- Do you intend to replace the basic ATR indicator?
If Yes -> Custom ATR - Do you want to use you indicator as a Baseline?
If Yes -> Custom Baseline - Do you want to use the indicator element together with a single fixed level?
If Yes -> One Level Cross - Do you want to use the indicator element together with two fixed levels?
If Yes -> Two Level Cross - Do you want to use the indicator element together with an external moving average?
If Yes -> Line Cross With MA - Do you just want to use the element direction (up or down)?
If Yes ->Single Line Signal
Do you want to use two indicator elements?
For example, two lines, one line and one bar, or two bars, two types of symbols, two diferent colors, etc?
- Do you want to use it as Baseline?
If Yes -> Custom Baseline - Are the elements are continuous in time (without gaps)? In other words, are the two elements present simultaneously in the historical data?
If Yes -> Two Lines Cross - Are elements alternately active during historical data? For example, during a defined period, the first element is active, then disappears and the second element becomes active.
If Yes -> Histogram / Color - Are the elements alternately active during historical data but only at specific times (candles)?
If Yes -> Arrows
If none of these cases apply to your indicator, open a ticket ("Settings and Configuration" category). Maybe we can help.