Alerts
- When the CTA crosses it’s EMA
- When the CTA reaches 1 or -1
Signals
| Strong Long | When the CTA is above zero and above it’s moving average |
| Weak Long | When the CTA is above zero but below it’s moving average |
| None | When the CTA is zero or equal to it’s moving average |
| Weak Short | When the CTA is below zero but above it’s moving average |
| Strong Short | When the CTA is below zero and below it’s moving average |
Settings
| Lookback | The start of the first bars to evaluate |
| Lookback Length | The number of bars to evaluate |
| Lines & Plots | The style of the different lines and plots of the indicator |
The background of the indicator is automatically colored red if the CTS crosses it’s average downwards from above, and green if the CTS crosses it’s average upwards from below.
It is considered that an uptrend is developing if the indicator reaches 1, and a downtrend if the indicator reaches -1.
