Help using my new Custom Indicator

Hi Everyone, I wanted to get your help and suggestions on how to use my custom indicator I had created for metatrader. I only use it on 1hr timeframe on gbp/usd. I only take signals from close of 4gmt to close of 15gmt. I have a minimum 15 pip TP and usually set SL 10 pips below the low or high of the entry candle... i adjust the SL the close of each candle.

I've backtested it with fairly good results. One month up.. one month down type of results.

It usually catch's the trend and the counter trend.. now i just need to figure out how to stay out when the market is bumpy.. any suggestions?

I attached the indicator below.

Gio

Let me get this straight. You had someone code an indicator for you that you do not know how to use?

I know how to use the indicator.... I want suggestions on ways i can use it to trade and or discuss ideas of creating a trading system with this indicator.

I want all of your input on ways i can use this indicator and make trading with it more profitable.

Such as.
1. Adding another indicator to filter trades.
2. SL targets, TP Targets, and or entry points.
3. Best way to incorporate a Trailing stop loss.
etc.............

look below.. you will see how well it did yesterday.. very well.. it gave me 2 great trades with2 losers. I just want SUGGESTIONS and debate opinions on when to take a trade and when not to without eliminating the winners................

It's basically an early entry indicator... How can I get a filter on keeping me out of the junk trades?

i need to post some outrageous title to get people to comment and give feedback.......that's what i did wrong.. lol

when I load your indicator all I get is a screen full of useless up and down arrows. Really if you draw and arrow on the screen enough times you will eventually get one or two to be right.

What settings are you using for the indicator?? How does the indicator work? RSI, MA's, stoch's, etc etc. Without enough information it is nearly impossible to help or even determine if this indicator works properly.

Yeah - a title like - 'million a minute' may have been better
If you can give us some information maybe we can assist. Requests such as "help me w/ my indicator" makes no sense if we don't know what its supposed to do - hell you designed it - what was the criteria you gave the coder.


I'll start w/ 2easy questions?
What exactly does this indicator do besides put an arrow on the screen?
How does it determine its time to put up an arrow?

(i should a been a dentist - getting people to offer up info that is help full to resolve their issue is like pulling teeth)

I have a ind that consists of ema crossover,mtf moving average,thv3 price and ma cossoversignal. I am watching gold as i am from south africa. on a 30 min chart i get alerts or indicators recomending a buy or sell. Sometimes the buy / sell arrows are close by a few pips. But overall if i could get some help designing a ea to buy on the up arrow and should a down arrow appear to close the order even if you break even. Then institue a sell order. Should there be another up trend close the down order and open a buy order. I have been watching gold for 5 years on the local stock market and the percentage of close calls are minimal as apposed to the long drops and gains of GOLD. Just a idea and that where it all starts. Happy Trading

Here is the indicator

wrong pic

Here is the 1 im talking about sorry all

Does any one still have the indicator posted by Gio9​ above? please share