What do the OCP settings on TradingView do?
Quick answerMinimum Wick-to-Body Ratio (2 by default) is how long the tail must be. Line Extension is how far the trigger line runs. Min Bars Between Signals is 10. The non-repainting option arms a setup only once the candle closes.
The details
- Break Alerts Only On Bar Close? fires the alert when the candle closes, not mid-candle.
- Only One Break Alert Per Arm? sends one alert per armed trigger.
Our Live tab uses the defaults.
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