What is the check level which can match combine ratings with technical ratings?
Iām here just to explain how it works. I will not compare output values of our indicators with the one you want to use
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No matter what check level input i used. These candles stayed on buy signal. Seems like check level have no effect maybe.
I havent said it would change candle output. it could, but not 100%.
I will not argue. I explained to you that the indicator you compared it not the same that was used as ref.
Blockquote I thought that the problem that on Gainium side chart you can see neutral, but bot act like its buy. What you can see on Gainum chart is our selves made indicator, based on custom tradingview indicator.
You have parameter called check level. Combined rating calculating points of each indicator used inside. Based on check level param and sum of points, there are 5 output values of indicator.
You can try to change the check level to match the other indicator you want.
is there documentation on the exact indicators used to calculate combined rating and how the check level works?
We are using: EMA 5,10,20,30,50,100,200, SMA the same, RSI, Stoch, CCI, ADX, Awesome Oscilllator, Momentum, MACD, StochRSI, Williams R, BullBear, Ultimate Oscillator, Ichimoku Cloud, VWMA, HMA.
Check level used to determine how much points needs to gain to retun BUY, SELL, Strong BUY or Strong Sell
I know default check level is 15. Is it a case of the higher the check level, the more points required to return BUY, Sell, strong buy and strong sell? Like would it make sense to go higher than 15? Whats the range for check level?
If Iām not mistaken max value is 28.
Check level is a level between buy/strong buy and sell/strong sell
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So it only makes a difference when differentiating between Buy and Strong Buy, but it wouldnt make a difference when used with Both Buy if i understand correctly
Correct