LaBute Indicator Settings - Buy and Sell Signals
LaBotio
LaBotio
15 August 2023

LaBute Indicator Settings - Buy and Sell Signals

Labot indicator buy and sell signals:

Labotio Buy/Sell

You can control the settings and the general appearance of the indicator, but there are some points that you should not change to obtain better results, but the decision is yours to have full control over the settings.

When added to the chart, it will appear like this:




We go to the indicator settings as shown in the following image:





When you click on the settings icon, this window will appear:

We will explain each list separately






As shown in the following image:

  • Red box: You should not change or modify it, as its mission is to draw entry points, targets, and stops
  • The blue box: specializes in identifying support and resistance points in general, and you can cancel or add it if you wish, but it is preferable to add it so that you can know the closest support and resistance points.
  • The orange box: specializes in candles and shows the highest high and the highest low. You can modify the appearance from the available options and it is considered supportive of also knowing the instantaneous support and resistance.





We now go to List No. 2, as shown in the following image:

It is a list specific to the general appearance and you can modify it as you wish


  • Purple box: for exit signals (Exit Buy / Exit Sell)
  • Green box: for averages and clouds




Note: If you want to return the settings to their defaults, all you have to do is remove the indicator from the chart and re-add it, and it will return to its default settings.