PulseWave Indicator Documentation
  • PulseWave™ Indicator Documentation
  • Introduction
  • Quick Install & Start
  • Settings & Confirmations
  • Best Practices
  • Basic Trade Plan
  • Scalp/Swing Setup Example
  • Troubleshooting & Performance
  • FAQ
  • Support & Updates
  • Glossary
  • Legal & Disclosure
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Settings & Confirmations

Below is a field‑by‑field explainer of every input visible in the PulseWave settings panel—drawn from the screenshots you supplied. Where relevant, you’ll find practical guidance on why you might tweak a value and some "guard‑rails" to prevent over‑optimizing.

Group / Input

What It Does

Typical Range

When to Raise ↗︎ / Lower ↘︎

Trading Style Preset

Switches the entire engine between Scalping (short‑lived, tight zones) and Swing (broader, durable zones).

Scalping / Swing

↗︎ (Swing) when holding positions hours‑days. ↘︎ (Scalping) for 1–5 min charts.

Pivot Length (Scalping)

Candles left/right that define a swing high/low while in Scalping mode.

2‑4

↗︎ on noisy pairs; ↘︎ for hyper‑fast scalps.

Pivot Length (Swing)

Same as above, but active when preset = Swing.

6‑10

↗︎ for Daily/Weekly; ↘︎ for 30‑min charts.

ATR Length for Clustering

Look‑back used to gauge recent volatility before sizing a cluster band.

14‑21

↗︎ on slow FX sessions; ↘︎ during high‑volatility news weeks.

Cluster ATR Factor (Scalp)

Multiplier of ATR that sets the width (in ticks/pips) of each support/resistance zone.

0.3‑0.8

↗︎ (wider) on highly volatile crypto; ↘︎ (narrow) on equity CFDs.

Cluster ATR Factor (Swing)

Width factor for Swing mode.

0.8‑1.5

↗︎ for commodities; ↘︎ for blue‑chip stocks.

Min Touches for Strong Level

How many hits before a zone gets "thickened" and treated as strong.

2‑5

↗︎ to filter clutter; ↘︎ to surface new levels quickly.

Max Age Weak / Strong (bars)

Bars of inactivity before a zone is pruned. Two fields—weak & strong.

50‑150 (Weak) / 150‑400 (Strong)

↗︎ on higher TFs; ↘︎ for very fast charts to reduce ghost zones.

Max Levels per Side

Hard cap of how many supports or resistances remain on‑screen.

6‑12

↗︎ if you zoom out often; ↘︎ when chart feels crowded.

Confirmation Toggles

Check‑boxes that enable/disable visual markers. Tip: fewer active confirmations = faster load time on lower‑end devices.

Toggle

Marker

Use‑Case

When to Turn Off

Show RSI Divergences

↑ / ↓ arrows

Reversal traders

If you only trade breakouts/trend‑continuations.

Show Volume Spikes

◇ diamonds

Breakout/fakeout validation

Thin‑volume markets (crypto overnight) can spam false spikes.

Show Engulfing Patterns

▲ / ▼ triangles

Momentum pop entries

Sideways chop—engulfs lose edge.

Show Doji

✕ cross

Indecision heads‑up

High‑timeframe swing; dojis are too common.

Show MACD Crosses

○ circles

Simple momentum filter

If you already watch your own MACD pane.

Show EMA Crosses

■ squares

Basic trend bias

Turn off once trend is obvious to declutter.

Confirmation Parameters

Field

Default

Why It Matters

Quick Rule of Thumb

RSI Length

14

Shorter length = more divergences, more noise.

8–14 intraday; 14–21 swing.

Volume MA Length

20

Smoother volume baseline.

Match to ½ average session length.

Volume Spike ×Avg

1.5

Multiplier above Volume MA to qualify as a spike.

Raise to 2.0 during FOMC / CPI weeks.

MACD Fast / Slow / Signal

12 / 26 / 9

Defines MACD line + signal smoothing.

For crypto day‑trade try 8 / 21 / 5.

Short EMA / Long EMA

9 / 21

Trend bias cross.

20 / 50 popular for swing.

Color Pickers

All color swatches (Support Line, Bearish Signal, etc.) are purely visual. They do not affect calculations—change them to fit a dark/light chart theme.

Pro Setup Hack: set Support/Resistance Lines to a subtle gray when monitoring many pairs simultaneously; make only "Strong" lines pop with a thicker width so your eye is drawn to the high‑probability zones.

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Last updated 2 days ago