How to Customize Indicator Values for Entry Signals

TradeShields allows you to override the default indicator values for entry signals using four customizable parameter fields. These fields give you fine-tuned control to adapt the entry logic to your specific trading requirements.

How to configure:

1. Enable Custom Indicator Overrides in Entry Settings.
2. Adjust the four parameter fields as follows, depending on the selected entry signal:
   • Field 1: Corresponds to the primary parameter (e.g., length, ATR multiplier).
   • Field 2: Corresponds to the secondary parameter (e.g., factor, deviation).
   • Field 3: Optional; used for advanced parameters or left as 0 if not applicable.
   • Field 4: Optional; used for advanced parameters or left as 0 if not applicable.

Examples for Specific Indicators:

• Supertrend:
  • Field 1: ATR Length.
  • Field 2: ATR Factor.
  • Field 3 & Field 4: Not used (leave as 0 ).
• Bollinger Bands:
  • Field 1: Length.
  • Field 2: Deviation.
  • Field 3 & Field 4: Not used (leave as 0 ).
• RSI:
  • Field 1: Length.
  • Field 2: Overbought level.
  • Field 3: Oversold level.
  • Field 4: Not used (leave as 0 ).
• MACD:
  • Field 1: Fast Length.
  • Field 2: Slow Length.
  • Field 3: Signal Length.
  • Field 4: Not used (leave as 0 ).
• Stochastic:
  • Field 1: %K Length.
  • Field 2: %D Length.
  • Field 3: Smoothing.
  • Field 4: Not used (leave as 0 ).

Example Configuration:

• For Supertrend with custom parameters:
  • Field 1 (ATR Length): Enter 14.
  • Field 2 (ATR Factor): Enter 3.
  • Field 3 & Field 4: Leave as 0.

Tips:

• Use backtesting to identify optimal parameter values for your chosen entry signal.
• Document custom settings to ensure consistency across different strategies.
• Keep unused fields at 0 to avoid unexpected behavior.