I have an indicator called PSAR indicator, that needs amendment. The Amendment is only on display no amendment on the functionality of the EA:
Correction 1
Include two more chart displays on the top left corner of my PSAR indicator
1. Trade condition = XXXXX
2. Trade Decision = xxxx
A. Change green horizontal and vertical line to blue if there is a buy condition/alert, then Trade condition = Strong buy trend && Trade Decision = Open Buy Order
B. Change green horizontal and vertical line to red if there is a sell condition/alert, then Trade condition = Strong Sell trend && Trade Decision = Open Sell Order
Correction 2
BUY CONDITIONS
Scenario 1
If the current pair with the PSAR indicator is an active or running trade &&The running pair is a buy trade && The current price is above the buy entry point && The PSAR calculated value is >=1
Then, the displays will be:
1. Trade condition = Strong Buy Trend
2. Trade Decision = Hold buy trade (Let this be color blue).
Scenario 2
If the current pair with the PSAR indicator is an active or running trade && The running pair is a buy trade && The current price is above the buy entry point && The PSAR calculated value is < 1
Then, the displays will be:
1. Trade condition = Weak Buy Trend
2. Trade Decision = Exit trade (Let this be color blue).
Scenario 3
If the current pair with the PSAR indicator is an active or running trade && The running pair is a buy trade && The current price is below the buy entry point && The PSAR calculated value is >= 1
Then, the displays will be:
1. Trade condition = Recovery Buy Trend
2. Trade Decision = Hold buy trade (Let this be color blue).
Scenario 4
If the current pair with the PSAR indicator is an active or running trade && The running pair is a buy trade && The current price is below the buy entry point && The PSAR calculated value is < 1
Then, the displays will be:
1. Trade condition = Loss Trade
2. Trade Decision = Exit Buy trade (Let this be color blue).
Correction 3
SELL CONDITIONS
Scenario 1
If the current pair with the PSAR indicator is an active or running trade &&The running pair is a sell trade && The current price is below the sell entry point && The PSAR calculated value is >=1
Then, the displays will be:
3. Trade condition = Strong sell Trend
4. Trade Decision = Hold sell trade (Let this be color red).
Scenario 2
If the current pair with the PSAR indicator is an active or running trade && The running pair is a sell trade && The current price is below the sell entry point && The PSAR calculated value is < 1
Then, the displays will be:
3. Trade condition = Weak sell Trend
4. Trade Decision = Exit trade (Let this be color red).
Scenario 3
If the current pair with the PSAR indicator is an active or running trade && The running pair is a sell trade && The current price is above the sell entry point && The PSAR calculated value is >= 1
Then, the displays will be:
3. Trade condition = Recovery Sell Trend
4. Trade Decision = Hold Sell trade (Let this be color red).
Scenario 4
If the current pair with the PSAR indicator is an active or running trade && The running pair is a sell trade && The current price is above the sell entry point && The PSAR calculated value is < 1
Then, the displays will be:
3. Trade condition = Loss Trade
4. Trade Decision = Exit Sell trade (Let this be color red).
비슷한 주문
I want to check if this indicator is repainting or not Whick mean the results of back testing is legit or not if anyone can help me to review it kindly to well to contact me i will be happy to work and go on long term work with anyone thanks
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