Disliked{quote} TAH, No need to spend more hours of your precious time on this indicator. There is Blessing 3 EA (aka B3) which does exaclty what you described and the way you trade with PVSRA - averaging down positions. Just google "Blessing 3" and you will find the source website. B3 is a huge monster. It needs to be tamed. Once you can tamed it, it just do what you tell it to do. I run B3 now for 4 years. If you like, we can exchange notes on B3. See attached chart example of my EJ trade today. This may run into next weeks... 1000pips both way Down...Ignored
Here is my update, EJ running nicely all trades manage using B3.
This is position building ... my way.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett