Am I right that it’s not possible to duplicate (and develop further) a custom indicator? When I choose one of the existing indicators and I change one of the parameters, I can save it as a new indicator. If I do the same with a custom indicator, the system only gives me the possibility to Modify the Indicator. So it means that I want to develop further an custom indicator I have to build it from scratch again? Or is there a workaround available?
If you are talking about custom indicators from the Trader Add-ons, they can’t be modified and re-saved as custom indicators.
If you want to combine indicators that are included in NeuroShell Trader and save them with a different name and and parameter settings, you can do that.
What I want to create is a trailing entry and exit line (trailing stoploss) which has a variable value between the last price of the security and the value of the entry/exit line based on another indicator e.g. a Stochastics indicator. So if the system has opened a long position when the Stochastics is low (let’s assume below 20) the distance between the last price and the value of the trailing exit line (trailing stoploss) is relatively big. But if the Stochastics is moving towards 100 the value between the last price and the trailing exit indicator will become minimal leading to an exit of the position. Is it possible to build this in NST or do I need to build this outside NST and call it with help of a Program Call (DLL)?
Based on our understanding of your description, you could create a trading strategy based on a Long Entry (stochastic < 30) and a Long Exit (stochastic > 90).
If you want to create a trailing stop using both the close and a stochastic use the subtract indicator (close – stochastic).
Trailing Stop: Subtract (close – stochastic) > x or < x and let the optimizer find x for each security.
