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I need two Modifications to my BadTradingFilter indicator.
1)When the MA trend strength line is above +30(adjustable) and in UPTREND a BUY symbol is placed on indicator and chart and below -30 in DOWNTREND and SELL symbol is added to indicator and chart. If ma trend line is between the selected figures ie 30 and -30 a NO TRADE symbol is placed on the indicator and in the chart. Also if the ma trend line is above ie 30 and in down trend a no trade is added to the chart AND SHOULD BE THE INDICATOR TO. It needs to be above ie 30 (adjustable) and have UPTREND for a BUY symbol to be added both to the indicator and chart and when below -30 (adjustable) and DOWNTREND a SELL symbol is added to indicator and chart. THE PROBLEM i HAVE FOUND IS THAT THE INDICATOR WAS ON ONE OFF MY CHARTS AND IT WAS IN A DOWN TREND AND THE MA TREND STRENGTH LINE WAS ABOVE +30 IT HAD BUY ON THE INDICATOR(WRONG) AND NO TRADE ON THE CHART (CORRECT). BECAUSE THE TREND SYMBOL WAS DOWN TREND WHEN THE MA TREND STRENGTH LINE WAS ABOVE +30 ON THE INDICATOR IT SHOULD HAVE HAD NO TRADE(SYMBOL) ON THE INDICATOR AS IT HAD POSITIVE STRENGTH BUT IN DOWNTREND. I think the indicator is just placing the BUY symbol near MA trend strength line when above +30 and SELL Symbol when below -30. The correct symbols are being placed on the chart. I WANT A BUY SYMBOL ONLY ADDED TO BOTH INDICATOR AND CHART WHEN ABOVE ADJUSTABLE LEVEL IE +30 AND UPTREND SYMBOL ADDED ('NO TRADE' IF NOT) AND A SELL SYMBOL ADDED NEXT TO THE MA TREND STRENGTH LINE AND CHART WHEN BELOW -30 (ADJUSTABLE) AND DOWNTREND (NO TRADE IF NOT). Its doing this symbol correct for charts but just placing BUY symbol next to MA Angle trend when above +30 (adjustable) and SELL symbol next to MA Angle trend when below -30 (adjustable). CAN YOU FIX THIS!!!
2) I need a strike zone section added into my indicator. A adjustable MA line that I can enter figure and a scroll list of either the MA choices ie expotential, smoother and simple eg I put 10MA and choice expotential in the strike zone component. The line is drawn on graph automatically when I fill this in. I can adjust the colour aswell as the level eg 10ma expotential and it is added to the chart. IF THE LAST CANDLE ON CLOSE HAS BOTH ITS OPEN AND CLOSE BELOW THE SELECTED MA LEVEL IN A SELL SYMBOL STATE (DOWNTREND AND MA ANGLE TREND BELOW -30(ADJUSTABLE)) THE SELL SYMBOL STAYS. But if the current price has a open or close price above the MA line level adjustable (strike zone) the SELL symbol will be overrided and a NO TRADE symbol is added. I want price to stay below the selected MA line level if it goes above (close or open) the sell symbol on indicator and chart is overided and a NO trade symbol is added to chart and indicator until both close and open on current candle is below the adjustable added MA line. Its the opposite for a UPTREND where I want the current candle (close and open) to stay above the selected MA line. I NEED A TRUE OR FALSE FOR THE STRIKE ZONE COMPONENET TO TURN IT ON OR OFF.