Entry Assistant & News Alert

6. Nov. 2023

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 allows you to enter daily news release times, and it will warn you before and after that news release time ( to help you stay out of trading news )
  

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 )
  
• A line displaying where the news release is going to happen ( only according to your time input settings )
  
• A box that surrounds the news release ( only according to your time input settings )
  
• A table in the bottom right corner that shows you when there is Active News ( only according to your time input settings )
  

Inputs

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

Disclaimer

• This indicator does not guaranteed to work for every instrument ( always test before use! )
  
• 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.
  
• You must manually enter the news time inputs, this indicator does not automatically show you when there is a news release
  

This is a combination indicator of my Entry Assistant and my News Alert indicator, both can be found and used separately.

6. Nov. 2023

Versionshinweise

Small Fix ( Functionality is the same )

• Fixed News 2 and News 3 warning area not hiding when 'Show Area' input is false
  

7. Nov. 2023

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
  

27. Nov. 2023

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 )
  

27. Nov. 2023

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
  

19. Dez. 2023

Versionshinweise

• Added a input option to change the location of the news warning label