Entry Assistant by Ivan

Intention Of This Indicator

• This indicator is intended to be used as an assistant in combination with a technical strategy.
  
• This indicator has several functions intended to assist you at entering positions.
  
• This indicator is intended to be used with strategies that place Stop Losses above / below candles, and entries at the BOC ( Break Of The Previous Candle , For Longs it is when price goes above the previous candles high, For Shorts it is when price goes below the previous candles low)
  

This indicator Draw / Displays the following

• A line below ( for Longs ) / above ( for Shorts ) the current candle, with an additional pip value for extra space ( this displays where to place your Stop Loss )
  
• A label displaying the price of the Stop Loss line, to assist in placing the Stop Loss
  
• A line displaying where the BOC is ( based off of going Long or going Short )
  
• A box that appears when the BOC has occurred ( entry signal )
  

Inputs

• Inputs to change the aesthetics ( colours etc. )
  
• Numeric inputs to modify the placement / spacing of the Stop Loss / Entry signal
  
• Toggles to activate or deactivate features
  

Disclaimer

• This indicator does not currently work for every instrument ( it only works for most Forex pairs and some Indices )
  
• It is not at all intended to be a signal indicator on its own, but rather only to give a signal when used with specific technical strategies that us BOC entries.
  
• This indicator is not guaranteed to be accurate, or error free.
  
• This indicator is not signalling winning entries or high probability entries.
  

Versionshinweise:

Code Refactoring Update ( Functionality has remained the same )

• Renamed some variable to be more accurate in their function.
  
• Changed some comments to be more accurate and descriptive.
  
• Fixed some titles in inputs to be accurate.
  

Versionshinweise:

Improved indicator code and calculation

• Changed price values to pip values
  
• Indicator should now work on many more instruments than before
  
• Improved the method of calculating the Stop and BOC line placement
  
• Re-named several variables to be more relevant
  
• Re-formatted inputs to be more organized
  

Functionality should remain the same, but should be more versatile across instruments
Test the indicator on every instrument you trade before using it live

Versionshinweise:

Important Fix

• Fixed 0s ( zeros ) being rounded off of price, interfering with the 'Three Digits Only' text
  

Previous Version Output

• Stop Loss Price = 1.23500
  
• Three Digits Only = 235
  

This Version Output

• Stop Loss Price = 1.23500
  
• Three Digits Only = 500
  

Versionshinweise:

Updated Entry Signal

• Entry Signal pulls back when price pulls back ( allowing re-entries and gives a new signal for candles that have already broke the previous candle high or low )
  

Versionshinweise:

Fixes Update

• Fixed Stop not hiding when unchecked
  
• Fixed rounding error on the Stop price
  
• Update pip rounding inputs to have a 0.1 step increment