Hi,

Does someone may help me to improve my indicator ?

I developed a simple visual indicator on price that is working fine (for my personal use) : see attached picture and code.

Basically, it’s just to visualize a winning or losing position : In when a buying condition is fulfilled and exiting position if Stop Loss (red rectangle) or TakeProfit (green rectangle) are achieved.

I would like now to upgrade this visual indicator to allow multiple entry points. : i.e. being able to ‘open’ a new position even if the previous one is not closed (and then exiting to the corresponding exit points on SL or TP).

I guess, it is necessary to use variable arrays but I cannot code it. Especially, I do know how to affect to the value of current bar array the value of the previous bar array : I tested $test[i] = $test[i][1] but it doesn’t work.

Thank for your replies.

P.S. : I’ve read previous posts on arrays but did not find a clue to help me.

// version test qui permet d'entrer une fois sur la valeur lorsque la condition d'achat est remplie

// Indicateurs utilisés
ATR = averagetruerange(20)
sma7  = average[7](close)
sma20 = average[20](close)
sma50 = average[50](close)

//Constantes
signal = 0
stoploss=0 // obligé de le mettre à 0 sinon il existe toujours sur les cours
takeprofit = 0 // obligé de le mettre à 0
vente=0 // 0 ou 1 : pour definir si on vend ou pas
jourachat=0
/////////////////////////////////////////////////////////////

// définition des conditions d'achats
condIN = sma7[1] < sma20[1] and sma7 > sma20 and close > sma50
//condOUT = close < sma50

// Test pour prévenir déclenchement le lendemain
if longmarket = 0 then //or vente = 1 then
if condIN then
stoploss = close - 3*Averagetruerange[20](close)
takeprofit = close + 2*(close - stoploss)
signal = close
ca = signal
longmarket = 1
dateachat = barindex
else
signal = 0
longmarket = 0
endif
endif

if longmarket[1]= 1 then
longmarket =1
stoploss = stoploss[1]
takeprofit = takeprofit[1]
endif

// Si on est dans le marché, vérifie les conditions pour en sortir ou pas
if longmarket = 1 then
if Low < stoploss then
vente = 1
signal = stoploss
endif
if high > takeprofit then
vente = 1
signal = takeprofit
endif

// Si les conditions de sortie sont remplies, on détermine le cours de sortie
if vente = 1 then
longmarket =0
datevente = barindex
if signal >= ca then  //on sort du trade avec un gain
drawrectangle(dateachat, ca, datevente, signal) coloured(0,255,0,50) bordercolor(0,255,0)
else //on sort du trade avec une perte
drawrectangle(dateachat, ca, datevente, signal) coloured(255,0,0,50) bordercolor(255,0,0)
endif
endif
endif


return signal, stoploss, takeprofit

Simple_visual_indicator.jpg