Two custom indicators are required.
Grid Line Indicator
Indicator places horizontal lines at specified distances from a specified start point.
Inputs in the indicator will be the start point and the grid size.
Line style of start point must be adjustable.
Line style of grid lines must be adjustable.
Grid Money Management Indicator
This grid trading information that is displayed in an indicator window, similar to the one attached as an example.
There will be six pieces of information displayed in this window. I visualize three columns of information with two rows in each column:
Average Daily Range
Equation for each piece of information:
Average Daily Range - Daily ranges of specified number of days added together, then divided by specified number of days (Input; number of days used in equation)
Grid Size - Average daily range multipied by specified factor (Input; specified mutiplication factor)
Trade Finance - Grid size multiplied by 4 plus 100 plus margin requirement (Input; margin requirement)
Max Loss - Grid size multipied by 4 plus 100
Captial Requirement - Trade Finance multipied by 2
Margin Requirement - Specified number in input (Input; margin requirement)
These are the two indicators that I require. Please PM with any additional questions.