OmniTrader Forum : Plug-ins for OmniTrader : ITM Settings

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OmniTrader Upgrade Forums Plug-ins for OmniTrader ITM Settings		Last Activity 9/18/2024 6:18 AM 0 replies, 1468 viewings

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Rean

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Posts: 105

Joined: 8/30/2013
Location: Johannesburg, South Africa

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Subject : ITM Settings
Posted : 9/8/2017 4:19 AM
Post #42434

I still have the original ITM plugin and am considering the upgrade to ITM2. The issue I had at the time was with the way in which the bands are drawn. On one instrument the default ITM settings would draw the bands nicely. On another instrument, it resembled a dog’s breakfast and only by playing with the sensitivity and bandwidth did it start to resemble a trend structure.

What’s the best way to use ITM to trigger signals, without having to always adjust setting for an instrument? How does one then know that a setting is optimal if it can varies so much?

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