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  4. Common Indicator Settings & Outputs
  5. Output Signals

Output Signals

The following outputs are common to many indicators:

Supply Symbol

This output represent the symbol drawn by your trading platform when the indicator has identified a supply condition. The appearance of this symbol is controlled by your trading platform’s specific settings. The symbol is drawn at the high price of the relevant bar offset by the number of ticks specified by the indicator’s Indicator Offset (Ticks) setting.

Demand Symbol

This output represent the symbol drawn by your trading platform when the indicator has identified a supply condition. The appearance of this symbol is controlled by your trading platform’s specific settings. The symbol is drawn at the low price of the relevant bar offset by the number of ticks specified by the indicator’s Indicator Offset (Ticks) setting.

Study Supply Condition

This output evaluates to +1 when the indicator has identified a supply condition, 0 at all other times. Depending upon the capabilities of your trading platform this can be used to support Indicator Alerts and Automated Trading.

Study Demand Condition

This output evaluates to +1 when the indicator has identified a demand condition, 0 at all other times. Depending upon the capabilities of your trading platform this can be used to support Indicator Alerts and Automated Trading.

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