This indicator was designed to be placed on a Chart where other indicators are applied and showing useful Markers.
Most Indicators Show Trading Information via a Marker.
The most used Markers are :
Vertical Lines :
Other Markers :
All these Objects and Markers have several Variables that we can monitor ;
- The Type of Object ; Dot, Diamond, Arrow Line, etc
- The Color
- The Tag ; each object on a chart has a unique name. We can double click on any object and review its properties on the "Data Tab"
- On Text Objects we can also check at the Text Contents
With TIS_Markers we can Filter any Object placed by a Custom Indicator and generate a User defined Alert Sound.
These are the Input Parameters of TIS_Markers :
On this Example the Indicator is monitoring for an Arrow in any Color with the word "GoLong" in the tag. When it is detected, the audio file Alert2.wav is played.
It is also looking for any Red Text object displaying the word "Short" and with a Tag Name including the word "Sell"
There is an important parameter ; Lag_Max_Bars that determines how far the objects are drawn from current price action.
Example ; some indicator place their signal markers after several bars, so the markers looks great but on real time it is useless, so we can filter the signals drawn at a maximum number of bars from current price action.
This is the automation of the TIS_Markers Indicator and will allow to automate any Custom Indicator and convert it into a Strategy by Monitoring its Markers and placing ATM Orders in the Market.
Currently under development ( register for a pre-sale and get an important discount )
Estimated Release Date : Sept 24, 2014
Good Trading Everyone !