REQ:This would be a great manual utility for scripts!!

[Sojourner]

I'm really getting wrapped up in basket trading EAs. Think it's the greatest thing since Louisiana Hot Sauce. But I noticed something interesting in composite offline charts. They look very trade-able MANUALLY from a trendline/channel perspective on the H4 since all the pairs acting as one tend to make overall price action clearer.

I know there ARE EAs out there that can execute a trade of buy or sell on a given pair using a trend line, but........imagine THIS:

Imagine an indicator that you drag to any chart, offline, online, basket chart or plain chart and it creates a trend-line that you can manually move around/adjust and THEN you can assign ANY SCRIPT of your choice from your script arsenal to execute when price touches or breaks it by merely putting the NAME of the script in the settings of the indicator after you get the trend line set up. With an indicator like this, you could drag it once and create a TL that executes whatever script that executes whatever basket or other script you want, whether it is a buy script or sell script, email script or whatever and you could drag on the same indicator again and draw another TL to assign, say, the west_close_all script to close the basket or do some other function. You could also, say, drag over the indicator three times for three lines to then create your entry, stop and exits and then just let it take care of everything, greatly reducing the time needed in front of the computer screen.

What would be so good about this is that it would not only be good for basket scripts but ANY script. Thus, it could be a general purpose cross/strategy workhorse indicator one can use for channel trading or support/resistance trading or price target trading. What do y'all think of this ?

I would LOVE to see something like this. I would use it every single day!