Greetings great guys!
I want to appeal to the community to please assist me with coding this INDICATOR such that the arrows outputted will not vanish away after shutdown. If historical arrows can be outputted as well, better.
Principle
Main Bull Setup
On 4hr chart bar 1 > bar 3 && bar 3 > bar 5// This is the main Buy setup
Wipsaw Filters
1. If on 1 hr chart four successive bulls have already closed, no signal (a bull on 1hr is a real body > 3pips)
2. If on 4hr chart four successive bulls have already closed before the setup above, no signal (a bull on 4hr chart is a real body > 7pips)
3. If on 4hr chart bar 1 is a candle whose wick is 2ce the body in pips, no signal
Main Bear Setup
On 4hr chart bar 1 < bar3 && bar 3 < bar 5
Wipsaw Filters
1. If on 1hr cht 4 successive bears have already closed, no signal;
2. If on 4 hr cht 4 successive bears hv already clsd, no signal;
3. If on 4hr cht, bar1 is a candle whose tail is twice its body in pips, no signal
Arrow should not output 2ce on a single 4 hr cht. The loop should be a 4hourly loop
Thanks, in advance.
