A customizable text display indicator allowing users to add personalized text in the bottom-right corner of their trading chart with configurable colors and display options.
Explore complementary indicator rolesHow it works
The Custom Text Display indicator provides traders with a flexible tool to add personalized annotations directly on their chart. Users can input up to five different text entries, each with a unique color, through the indicator's settings panel. The configuration process involves selecting the desired text and choosing a corresponding color for visual distinction.
Traders activate their preferred text by selecting a number from the dropdown menu, which ranges from 0 (no text) to 5 (fifth text entry). Once activated, the selected text appears in the bottom-right corner of the chart, allowing for quick reference and personalized information display during trading.
Why it may be useful
The Custom Text Display indicator enhances traders' ability to maintain critical information and reminders directly on their trading interface. By providing a dedicated space for custom text, traders can keep important notes, strategies, or alerts visible without cluttering their primary chart view. This feature supports better organization and helps traders maintain focus on their trading plan.
Personalization is key in trading, and this indicator allows traders to create a more tailored and informative chart environment. The ability to choose colors and activate specific text entries enables traders to create visual cues and memory triggers that can improve decision-making and trading discipline.
When to explore it
The Custom Text Display indicator is most beneficial when traders need to keep specific, actionable information readily accessible during their trading sessions. It can be particularly useful for tracking personal trading rules, recording key price levels, or maintaining strategy reminders. Traders can leverage this tool across various market conditions and trading styles.
This indicator is especially valuable for traders who rely on consistent, structured approaches and want to reinforce their trading plans visually. By providing a customizable text display, traders can create personal reference points that help maintain discipline, remember critical entry and exit criteria, and stay focused on their predefined trading strategies.
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What we’ve verified
Access, alerts and repainting behaviour have not been independently verified for this indicator. Check the creator’s current publication and settings.
General descriptions and classifications are recovered research. Verified details above identify the specific checks we have completed. Check the creator’s current publication for later changes.
