Page 1 of 1
Addition to PMO Helper Indicator
Posted:
Fri Apr 26, 2019 2:23 am
by jrichardson83
I wanted to request that the entry/target algorithm used in the SAR Price Targets indicator (attached) be added to the Non-Standard Timeframe PMO Helper indicator (also attached).
Thanks
Re: Addition to PMO Helper Indicator
Posted:
Fri Apr 26, 2019 6:39 am
by Apprentice
Your request is added to the development list under Id Number 4619
Re: Addition to PMO Helper Indicator
Posted:
Mon Apr 29, 2019 4:30 am
by Apprentice
We can't figure out how it should look like. In order to calc profit values, we need two levels but this indicator provides only one
Re: Addition to PMO Helper Indicator
Posted:
Mon Apr 29, 2019 2:02 pm
by jrichardson83
Apprentice wrote:We can't figure out how it should look like. In order to calc profit values, we need two levels but this indicator provides only one
I was thinking that you would essentially draw the stop/entry/targets based off of the candle on which the indicator prints. See image
Re: Addition to PMO Helper Indicator
Posted:
Wed May 01, 2019 6:18 am
by Apprentice
Risk / Reward will be a multiplier on candle range?
Re: Addition to PMO Helper Indicator
Posted:
Wed May 01, 2019 12:38 pm
by jrichardson83
Apprentice wrote:Risk / Reward will be a multiplier on candle range?
The R/R would be based off of the previous low or high relative to the candle on which the signal is being printed. Such as you calculated in the Moving Average Targets indicator recently.
Re: Addition to PMO Helper Indicator
Posted:
Tue May 07, 2019 7:12 am
by Apprentice