Back to Tutorials

Signals

Indicator settings

Make signal labels readable and understand the controls for displayed targets and stops.

3 min read11 sections

  1. 01

    Risk to Reward Ratio

    This compares the distance to the stop with the distance to the target.

    Choose Strategy default or a ratio such as 1:2. The displayed target changes to match the selected ratio. Open Indicator Settings to find this control.

    Risk to Reward Ratio on GainzAlgo
  2. 02

    Label size

    This changes the size of signal labels.

    Choose Small, Normal or Large. Larger labels are easier to read but cover more chart space. Open Indicator Settings to find this control.

    Label size on GainzAlgo
  3. 03

    Label style

    This changes how the label body looks.

    Choose Solid for a filled label or Outline for a border and transparent centre. Open Indicator Settings to find this control.

    Label style on GainzAlgo
  4. 04

    Buy colour

    This is the colour used for BUY labels.

    Enable Custom, then choose a colour with good contrast. Turn Custom off to use the default. Open Indicator Settings to find this control.

    Buy colour on GainzAlgo
  5. 05

    Sell colour

    This is the colour used for SELL labels.

    Enable Custom, then choose a colour with good contrast. Turn Custom off to use the default. Open Indicator Settings to find this control.

    Sell colour on GainzAlgo
  6. 06

    Label text colour

    This controls the words and numbers inside a signal label.

    Enable Custom, then choose a colour with good contrast. Turn Custom off to use the default. Open Indicator Settings to find this control.

    Label text colour on GainzAlgo
  7. 07

    Hide repeating signals

    This filters repeated same-direction signals for supported Pro and V2 indicators.

    Turn it on to show fewer repeated labels, or off to see them again. Open Indicator Settings to find this control.

    Hide repeating signals on GainzAlgo
  8. 08

    Show TP/SL

    This shows or hides take-profit and stop-loss prices on signal labels.

    Turn it on to read the supplied target and stop. Open Indicator Settings to find this control.

    Show TP/SL on GainzAlgo
  9. 09

    TP/SL multiplier

    This scales the distance from entry to both target and stop together.

    Enter 1 for the original distances, or a larger number to spread both levels farther apart. Open Indicator Settings to find this control.

    TP/SL multiplier on GainzAlgo
  10. 10

    TP/SL precision

    This controls decimal places in target and stop labels.

    Choose how many digits appear after the decimal point. Open Indicator Settings to find this control.

    TP/SL precision on GainzAlgo
  11. 11

    Keep or cancel your changes

    Ok saves your changes; Cancel leaves the previous settings in place.

    1 Restore defaults resets the choices in the dialog. 2 Cancel leaves without saving. 3 Ok keeps your choices.

    Keep or cancel your changes on GainzAlgo
Try it now

Keep learning

Was this helpful?