Good day,

I would just like to know if I'm on the right direction. I've read the latest version or V43 is more of a scalping setup. Correct me if I'm wrong please.

So I've attached a picture and trying to figure out multiple timeframe analysis with the setup. Because is the square with the big dot the "Extension" and the big pink dot the "Retracement" on a down trend and vice versa? If I go up to the 5min it shows a "medium" side dot where the square big dot is on the 1min and a "small pink" dot on the 5min where the big pink dot is on the 1min. And lastly the spike indicator shows possible turning points?