Major Updates To The Logical Trading Indicator PRO

The already feature packed customer TradingView indicator that I wrote to help give traders like you and me a way to gain some big edge over the markets, has just gotten a major upgrade! Let's talk about some of the changes made to no just the indicator, but also how you can access it!

First Off, The Name Change

I tweaked the name of the indicator just a bit to give it more longevity and well a more pro style feel! Using version numbers wasn't really flying for me, so I changed the name of the advanced version of the indicator to the Logical Trading Indicator PRO instead of V.2. The version of the indicator that is current is always available in the top comments of the code itself and can be checked in the TradingView Pinescript editor. The current version that was just updated is now version 2.2.

The first version that is available for free on TradingView as a community script is still called Logical Trading Indicator V.1. The PRO version is has way more features and settings to fine tune the indicator to your strategy.

New Features

Now that we got the name and version thing out of the way, let's talk about the new features.

Trend Color Fill on Long Period Moving Average

First I added a nice colored fill between the basis line and the long period moving average (when enabled). This fill really helps give a good solid visual on the trend and helps you make clear decisions on what direction you need to be trading. It has helped me clean up some of the noise and focus on trading with the trend.

Multiple Take Profit Signals

Users now have the choice between having 1-5 take profit signals fire when the conditions are met. This can give you more opportunities to take profits as price action develops and the trend continues between BUY and SELL signals. The current default is set to 1 signal, but can be changed in the settings.

Adjusted Default Settings

Some of the default settings were adjusted as more backtesting and live trading has happened to allow for the best possible signals, focused mainly on timeframes 1HR and below. Any of these settings can be adjusted for longer period timeframes and to just about any strategy! The beauty is, no matter what the defaults are, you can make it work for you!

How To Buy The PRO Version And New Price

I built an additional page on the site that talks about the features and compares V.1 to the PRO version with options for you to either access either version. The PRO version can be purchased with various cryptocurrencies like HBD, BTC, LTC, BCH, DOGE, XMR, MATIC, and USDC on Polygon using the Hivelist.Store or for USD on my Gumroad store.

These options have existed, but I added a new way to access it through the Discord server shop! You can buy a server role that gets you access to the PRO indicator script and a dedicated chat room directly from Discord! This option is only available to pay in USD using a debit or credit card.

The price of the indicator did increase. I found that I really wasn't charging enough for the epic amount of value this indicator brings. The price increased to $99.99 or $89.99 if you purchase from the Hivelist Store.

No matter what level you are in your trading journey, you can find utility in this feature rich indicator built for use in TradingView by yours truly using Pinescript! I am loving using this indicator in my own trading and know from experience and customer feedback that you can easily pay it off in just a couple of good trades!

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Additional Blog Locations

Many of my cryptocurrency related articles as well as trading articles can also be found on my crypto research site, Coin Logic.

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Disclaimer:

The information in this trade journal is for educational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.

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