TradeChartist PowerTrader Pro

TradeChartist PowerTrader Pro is a versatile Signal generator and Signal plotter on the main price chart based on signals from other compatible scripts like TradeChartist PowerTracer Pro. This elegantly designed script plots the following based on user preference.

• BUY and SELL signals based on external compatible signal source
  
  
• Automatic Targets if opted from settings
  
  
• Trailing or Fixed Stop Loss based on user input
  
  
• Take Profit % and Quantity to trade based on user input
  
  
• PowerTrader Dashboard displaying 14 period RSI, Stoch and 20 EMA
  
  
• Real-Time Gains Tracker displaying Max Gains and open PnL
  
  
• Past Performance labels displaying Max Gains and Max Drawdown for each trade
  
  
• Higher Highs since BUY and Lower Lows since SELL
  

Once the external Signal is connected to the script, the results based on signal backtester (TradeChartist PowerTracer Pro Backtester) can be used to optimise the settings to generate plots and also to set Alerts for the following.

• Long and Short Signals
  
  
• Long and Short Stop Loss Hit
  
  
• Long and Short TP Hit
  
  
• Move up/down Trailing SL

To create alerts, the user must choose PowerTrader Pro from the alert condition drop-down and choose the required alert. Since the signals are generated only after confirmation, "Once per bar" must be used for Alerts.


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This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator)

Premium Scripts - Trial access and Information

• Trial access offered on all Premium scripts.
  
  
• PM me directly to request trial access to the scripts or for more information.

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Release Notes:

Code updated