How To Use The Manual Trade Helper Indicator + How It Fully Automates Trading
You must pay attention to your exchange time, and set the time on the Manual Trade Helper Indicator accordingly. You can find your exchange time by googling it. Pay attention to your exchange daily close and sync accordingly.
INITIAL STOP LOSSES: You can use either fixed stop loss or ATR stop loss, but not both at the same time.
TRAILING STOP LOSSES: You can use a fixed trailing stop loss or ATR trailing stop loss only if you have an initial stop loss selected. You can use either fixed trailing stop loss or ATR trailing stop loss, but not both at the same time.
BREAKEVEN STOP LOSSES: Move Stop To BE will move your stop loss to breakeven once the candle has closed AND your trade is in profit. Initial Stop Loss at BE will place a stop loss immediately at your entry but if price moves underneath your stop loss before the candles closes you may be exited early.
CRSI STOP LOSS: You can use this by itself or with any other stop loss option. Whichever triggers first on the chart is where your trade will exit via stop loss.
“Use Take Profit” checkbox must always be selected to use any other take profit setting. You can use any take profit setting by itself, or in combination with each other. Whichever condition happens first on the chart will be your trade exit via take profit.
You can ignore the warning. This is an automated warning from tradingview. The indicator will not repaint.