INVITE-ONLY SCRIPT
EAP Helper Indicator
Atualizado
This is a basic indicator I am developing to assist with testing and trading the new EAP pullback strategy. If you are not a member of the EAP program by Steven Hart, then this indicator will not be helpful to you.
Features:
S/L Calculator
This displays your stop loss values based on an entry from the currently selected candle.
The S/L is calculated by adding the S/L size in pips to the close of your entry candle + the distance to the swing high (or swing low for shorts). By default, the indicator only looks back 3 candles for highs and lows, but this can be changed in the settings.
If the ATR is <= 19, the S/L is 20 pips above/below swings.
If the ATR is >= 20 but <= 29, the S/L is 20 pips.
If the ATR is >= 30 but <= 49, the S/L is 30 pips.
If the ATR is >= 50 but <= 99, the S/L is 50 pips.
If the ATR is >= 100 the S/L is 100 pips.
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I will add more features as I think of them :)
Features:
S/L Calculator
This displays your stop loss values based on an entry from the currently selected candle.
The S/L is calculated by adding the S/L size in pips to the close of your entry candle + the distance to the swing high (or swing low for shorts). By default, the indicator only looks back 3 candles for highs and lows, but this can be changed in the settings.
If the ATR is <= 19, the S/L is 20 pips above/below swings.
If the ATR is >= 20 but <= 29, the S/L is 20 pips.
If the ATR is >= 30 but <= 49, the S/L is 30 pips.
If the ATR is >= 50 but <= 99, the S/L is 50 pips.
If the ATR is >= 100 the S/L is 100 pips.
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I will add more features as I think of them :)
Notas de Lançamento
Changed pips to display as whole numbers.Notas de Lançamento
Added coloured legend to indicator chart to demonstrate what the values mean.Notas de Lançamento
Improved accuracy of SL algo.Notas de Lançamento
-Notas de Lançamento
-Notas de Lançamento
Added R:R variable T2 to indicator for testing strategies with a target that is wider than its stop loss.Notas de Lançamento
Added option to use ATR stop loss or pip-based stop lossNotas de Lançamento
Minor improvementsNotas de Lançamento
Minor improvementsNotas de Lançamento
Added chart labels to explain numbersScript sob convite
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Instruções do autor
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