Ultimate Signal Indicator helps us identify high-probability buy and sell signals. this could be the solution to avoid false trades. This indicator marks key support and resistance levels while generating real-time alerts for potential trading opportunities.

Key Features of the Ultimate Signal Indicator

This custom indicator offers several powerful functionalities:

1. Buy & Sell Signals

   • Up Arrow (Buy Signal) – Appears when the price hits a recent low.

   • Down Arrow (Sell Signal) – Triggers when the price reaches a recent high.

2. Adjustable Parameters

   • SignalGap – Controls the distance of the signal arrows from price extremes.

   • ShowBars – Limits how many past bars are displayed (default: 500).

   • dist – Defines the lookback period for detecting highs and lows.

3. Real-Time Alerts

   • The code includes an alert system that notifies traders when new signals appear.