BE-Indicator Aggregator toolkit

█ Overview:
BE-Indicator Aggregator toolkit is a toolkit which is built for those we rely on taking multi-confirmation from different indicators available with the traders. This Toolkit aid's traders in understanding their custom logic for their trade setups and provides the summarized results on how it performed over the past.

█ How It Works:

1. Load the external indicator plots in the indicator input setting
   
2. Provide your custom logic for the trade setup
   
3. Set your expected SL & TP values
   

█ Legends, Definitions & Logic Building Rules:
Building the logic for your trade setup plays a pivotal role in the toolkit, it shall be broken into parts and toolkit aims to understand each of the logical parts of your setup and interpret the outcome as trade accuracy.

Toolkit broadly aims to understand 4 types of inputs in "Condition Builder"

1. Comments : Line which starts with single quotation ( ' ) shall be ignored by toolkit while understanding the logic.
   Note: Blank line space or less than 3 characters are treated equally to comments.
2. Long Condition: Line which starts with " L- " shall be considered for identifying Long setups.
   
3. Short Condition: Line which starts with " S- " shall be considered for identifying Short setups.
   
4. Variables: Line which starts with " VAR- " shall be considered as variables. Variables can be one such criteria for Long or short condition.
   

Building Rules: Define all variables first then specify the condition. The usual declare and assign concept of programming. :p)

Criteria Rules: Criteria are individual logic for your one parent condition. multiple criteria can be present in one condition. Each parameter should be delimited with ' | ' key and each criteria should be delimited with ' , ' (Comma with a space - IMPORTANT!!!)

█ Sample Codes for Conditional Builder:

For Trading Long when Open = Low
For Trading Short when Open = High with a Red candle

'Long Setup <---- Comment
L-O|E|L
' E <- in the above line refers to Equals ' = '

'Short Setup
S-AND:O|E|H, O|G|C
' 2 Criteria for used building one condition. Since, both have to satisfied used "AND:" logic.

Understanding of Operator Legends:

"E"            => Refers to Equals
"NE"          => Refers to Not Equals
"NEOR"      => Logical value is Either Comparing value 1 or Comparing value 2 
"NEAND"    => Logical value is Comparing value 1 And Comparing value 2 
"G"            => Logical value Greater than Comparing value 1 
"GE"          => Logical value Greater than and equal to Comparing value 1 
"L"            => Logical value Lesser than Comparing value 1
"LE"          => Logical value Lesser than and equal to Comparing value 1
"B"            => Logical value is Between Comparing value 1 & Comparing value 2
"BE"          => Logical value is Between or Equal to Comparing value 1 & Comparing value 2
"OSE"        => Logical value is Outside of Comparing value 1 & Comparing value 2
"OSI"         => Logical value is Outside or Equal to Comparing value 1 & Comparing value 2
"ERR"        => Logical value is 'na'
"NERR"      => Logical value is not 'na'
"CO"          => Logical value Crossed Over Comparing value 1
"CU"          => Logical value Crossed Under Comparing value 1

Understanding of Condition Legends:

1. AND: -> All criteria's to be satisfied for the condition to be True.
   
2. NAND: -> Output of AND condition shall be Inversed for the condition to be True.
   
3. OR: -> One of criteria to be satisfied for the condition to be True.
   
4. NOR: -> Output of OR condition shall be Inversed for the condition to be True.
   
5. ATLEAST:X: -> At-least X no of criteria to be satisfied for the condition to be True.
   Note: "X" can be any number
   
6. NATLEAST:X: -> Output of ATLEAST condition shall be Inversed for the condition to be True
   
7. WASTRUE:X: -> Single criteria WAS TRUE within X bar in past for the condition to be True.
   Note: "X" can be any number.
   
8. ISTRUE:X: -> Single criteria is TRUE since X bar in past for the condition to be True.
   Note: "X" can be any number.
   

Understanding of Variable Legends:
While Condition Supports 8 Types, Variable supports only 6 Types listed below

1. AND: -> All criteria's to be satisfied for the Variable to be True.
   
2. NAND: -> Output of AND condition shall be Inversed for the Variable to be True.
   
3. OR: -> One of criteria to be satisfied for the Variable to be True.
   
4. NOR: -> Output of OR condition shall be Inversed for the Variable to be True.
   
5. ATLEAST:X: -> At-least X no of criteria to be satisfied for the Variable to be True.
   Note: "X" can be any number
   
6. NATLEAST:X: -> Output of ATLEAST condition shall be Inversed for the Variable to be True
   

█ Sample Outputs with Logics:

1. RSI Indicator + Technical Indicator: StopLoss: 2.25 against Reward ratio of 1.75 (3.94 value)
Plots Used in Indicator Settings:

• Source 1:- RSI
  
• Source 2:- RSI Based MA
  
• Source 3:- Strong Buy
  
• Source 4:- Strong Sell
  

Logic Used:
For Long Setup : RSI Should be above RSI Based MA, RSI has been Rising when compared to 3 candles ago, Technical Indicator signaled for a Strong Buy on the current candle, however in last 6 candles Technical indicator signaled for Strong Sell.
Similarly Inverse for Short Setup.

L-AND:ES1|GE|ES2, ES1|G|ES1[3]
L-ES3|E|1
L-OR:ES4[1]|E|1, ES4[2]|E|1, ES4[3]|E|1, ES4[4]|E|1, ES4[5]|E|1, ES4[6]|E|1

S-AND:ES1|LE|ES2, ES1|L|ES1[3]
S-ES4|E|1
S-OR:ES3[1]|E|1, ES3[2]|E|1, ES3[3]|E|1, ES3[4]|E|1, ES3[5]|E|1, ES3[6]|E|1

'Note: Last OR condition can also be written by using WASTRUE definition like below
'L-WASTRUE:6:ES4|E|1
'S-WASTRUE:6:ES3|E|1

Output:


2. Volumatic Support / Resistance Levels [BigBeluga]:
Plots Used in Indicator Settings:

• Source 1:- Resistance
  
• Source 2:- Support
  

Logic Used:
For Long Setup : Long Trade on Liquidity Support.
For Short Setup : Short Trade on Liquidity Resistance.

'Variable Named "ChkLowTradingAbvSupport" is declared to check if last 3 candles is trading above support line of liquidity.
VAR-ChkLowTradingAbvSupport:AND:L|G|ES2, L[1]|G|ES2, L[2]|G|ES2

'Variable Named "ChkCurBarClsdAbv4thBarHigh" is declared to check if current bar closed above the high of previous candle where the Liquidity support is taken (4th Bar).
VAR-ChkCurBarClsdAbv4thBarHigh:OR:C|GE|H[4], L|G|H[4]

'Combining Condition and Variable to Initiate Long Trade Logic
L-L[3]|LE|ES2
L-AND:ChkLowTradingAbvSupport, ChkCurBarClsdAbv4thBarHigh

VAR-ChkHghTradingBlwRes:AND:H|L|ES1, H[1]|L|ES1, H[2]|L|ES1
VAR-ChkCurBarClsdBlw4thBarLow:OR:C|LE|L[4], H|L|L[4]
S-H[3]|GE|ES1
S-AND:ChkHghTradingBlwRes, ChkCurBarClsdBlw4thBarLow

Output 1: Day Trading Version


Output 2: Scalper Version


Output 3: Position Version