EAP Helper Indicator

5 ביוני 2018

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 :)

5 ביוני 2018

הערות שחרור

Changed pips to display as whole numbers.

5 ביוני 2018

הערות שחרור

Added coloured legend to indicator chart to demonstrate what the values mean.

27 ביוני 2018

הערות שחרור

Improved accuracy of SL algo.

27 ביוני 2018

הערות שחרור

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27 ביוני 2018

הערות שחרור

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9 ביולי 2018

הערות שחרור

Added R:R variable T2 to indicator for testing strategies with a target that is wider than its stop loss.

2 בספט׳ 2018

הערות שחרור

Added option to use ATR stop loss or pip-based stop loss

17 בפבר׳ 2019

הערות שחרור

Minor improvements

17 בפבר׳ 2019

הערות שחרור

Minor improvements

17 בפבר׳ 2019

הערות שחרור

Added chart labels to explain numbers