I created this indicator to primarily manually test other indicators in replay mode.
To use this indicator generally you will:
Select trade type: long or short
Enter your ATR (enter the actual ATR). The indicator will then calculate and plot your SL and targets based on your values
Default Stop Loss is ATR * 1.5
Default Target 1 is ATR * 1.5
Default Target 2 is ATR * 3
Using this indicator on Replay mode is great. What you do is go back in time. Hit play and as the indicator(s) you use provide signals pause.
Pull up options:
Select trade type
Update ATR value
Change date to entry date. Typically if you are trading off the daily timeframe you are going to wait for your current day candle to close to provide signal. That would mean your entry would be on the next day.
Click play and watch, track and record how trade unfolds.
Future updates: I'd like to be able to have some way to click one button and have it fire that enter trade right now on chart. Also I'm working on figuring out how to calculate the ATR on the entry date so that isn't required to be entered.
Finally, I'd like to have some auto calculation on when targets and SL are hit. I have this partially done but it's more important that I use this indicator than spend time or funds to update it to do that. But I do plan on updating.
Note di rilascio
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Added hour and minute inputs to manual backtest lower timeframes.
I'll be updating a bit. First will be the ability to add hours and minutes. That way can be used on lower timeframes.
Harpingo
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awesome! another cool idea would be if you could click on a candle at daily close and it automatically plotted that long position or short position overlay tool that TV already has but it auto plotted the midline at close of candle and then auto figured out short or long sl and tp based on whatever atr you use...... and then stayed static. this is basically the same thing i guess :)
chrysopoetics
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Incredible work mate, I'd love to see more like this.