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NT7.0 Chart Trader addon indicator

February 7 2014
version 1.3

Added a close position button and renamed flatten button to flatten account to be more precise.

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February 6 2014
version 1.2

Fixed a minor bug where it would not save button colors in settings when loading up new charts with script.

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February 5 2014
version 1.1

First a big thanks to vvhg & Xav1029 for some awesome scripts and great ideas which I added to mine.

I completely rearranged the chart trader removing buttons I never use. The ONLY buttons left from the original panel are Buy & Sell Market. Those are the only two which will engage the ATM strategies.

In the custom strategies & entries I added break even +1 and nudge stop to previous low or high, both which will adjust stops accordingly once in a position. The flatten button will get you out of all positions in every chart.

The trail button will engage once pressed if you are in a position and trail via an EMA or SMA. Anything goes wrong the flatten button will get you out and cancel everything. Still doing more testing for bugs.

A nice added feature is the green box below the current profit/loss display, which will tell you the spread from level 2 data and cumulative bid and ask volumes. The box color will change from green to yellow to red if spread gets too large.

This script is still in beta, trade at your own risk. It should show you how easy it is to customize the chart trader to your liking. Sky is the limit in terms of juggling buttons and adding new stuff.

enjoy
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A big thanks to all the contributors.

Unsure where I originally found this script. I modified it to add two buttons to chart trader for entering buy and sell stops.

It will do so 1 tick above or below the bid/ask. It will insert an 8 tick stop loss & target. If you go on indicator settings and put the ticksTarget to 0, it will only add a stop loss to position.

Hope this helps some of you.

PS. Wishing NT8.0 will eventually let us add/modify ATM within an indicator.

Category The Elite Circle

Details: NT7.0 Chart Trader addon indicator
Category: The Elite Circle

February 5th, 2014
Size: 10.04 KB

Comments/ratings

Fibbee January 26th, 2014 03:52 PM

Excellent Add-on, thank you!

jlwade123 January 30th, 2014 12:39 PM

Thank you! Great addition to the chart trader!

tradingon January 31st, 2014 12:08 AM

Thanks Alex ... a step in the right direction

aleks25 February 10th, 2014 03:28 PM

No Comment

leonex February 26th, 2014 01:08 PM

really great thank you very much

tony2604 May 26th, 2014 11:55 AM

Great work! Thank you for sharing! If you have an idea how to scale out positions this would work even more perfect for total trade management!

traderlange July 1st, 2014 09:16 PM

Brilliant indicator. I've added automated profit targets and loss params. I'm also adding a ton of trails and stop strategies. I'll send it to you when it's all good to go.

Bvend February 14th, 2015 04:55 AM

Excellent, thank you. Is there a possibility to make the sell stop work with defined ticks as the buy stop, because in sim that I tested it in sell stop it throws the order on the current bar not on the previous.

2bwize April 14th, 2016 11:00 PM

I Love this! Than You!!

Kees66 July 6th, 2016 03:37 PM

Thank you!!!!

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