Entry Assistant by Ivan

28 oct 2023

Intention Of This Indicator

• This indicator is intended to be used as an assistant in combination with a technical strategy.
  
• This indicator has several functions intended to assist you at entering positions.
  
• This indicator is intended to be used with strategies that place Stop Losses above / below candles, and entries at the BOC ( Break Of The Previous Candle , For Longs it is when price goes above the previous candles high, For Shorts it is when price goes below the previous candles low)
  

This indicator Draw / Displays the following

• A line below ( for Longs ) / above ( for Shorts ) the current candle, with an additional pip value for extra space ( this displays where to place your Stop Loss )
  
• A label displaying the price of the Stop Loss line, to assist in placing the Stop Loss
  
• A line displaying where the BOC is ( based off of going Long or going Short )
  
• A box that appears when the BOC has occurred ( entry signal )
  

Inputs

• Inputs to change the aesthetics ( colours etc. )
  
• Numeric inputs to modify the placement / spacing of the Stop Loss / Entry signal
  
• Toggles to activate or deactivate features
  

Disclaimer

• This indicator does not currently work for every instrument ( it only works for most Forex pairs and some Indices )
  
• It is not at all intended to be a signal indicator on its own, but rather only to give a signal when used with specific technical strategies that us BOC entries.
  
• This indicator is not guaranteed to be accurate, or error free.
  
• This indicator is not signalling winning entries or high probability entries.
  

29 oct 2023

Notas de prensa

Code Refactoring Update ( Functionality has remained the same )

• Renamed some variable to be more accurate in their function.
  
• Changed some comments to be more accurate and descriptive.
  
• Fixed some titles in inputs to be accurate.
  

6 nov 2023

Notas de prensa

Improved indicator code and calculation

• Changed price values to pip values
  
• Indicator should now work on many more instruments than before
  
• Improved the method of calculating the Stop and BOC line placement
  
• Re-named several variables to be more relevant
  
• Re-formatted inputs to be more organized
  

Functionality should remain the same, but should be more versatile across instruments
Test the indicator on every instrument you trade before using it live

7 nov 2023

Notas de prensa

Important Fix

• Fixed 0s ( zeros ) being rounded off of price, interfering with the 'Three Digits Only' text
  

Previous Version Output

• Stop Loss Price = 1.23500
  
• Three Digits Only = 235
  

This Version Output

• Stop Loss Price = 1.23500
  
• Three Digits Only = 500
  

27 nov 2023

Notas de prensa

Updated Entry Signal

• Entry Signal pulls back when price pulls back ( allowing re-entries and gives a new signal for candles that have already broke the previous candle high or low )
  

27 nov 2023

Notas de prensa

Fixes Update

• Fixed Stop not hiding when unchecked
  
• Fixed rounding error on the Stop price
  
• Update pip rounding inputs to have a 0.1 step increment