Daily Perspective indicator/ tool description.
Whole range of visual concepts use several timeframes view.
Daily Perspective indicator/ tool uses visualization of last 3 daily candles for timeframes H1 and shorter.
The indicator projects previous days (yesterday and older) OCHL prices into current day (today).
The indicator has built-in ALARM signaling that price meet following criteria:
Trend represented by moving average EMA with chosen period on timeframes H1,H4,D1,W1,MN1 is in appropriate direction,
UPTREND for BUY
DOWNTREND for SELL,
ABOVE previous day HIGH for BUY
BELOW previous day LOW for SELL.
Intraday trading on timeframes H1 and shorter.
The source code is only a guide for the development of your EA.MarketsMaster EA
Expert Advisor in MQL4 with 4 signals based on 6 Indicators. Works at any stock. If anybody wants to translate it to MQL5, it would be great. I still do not know MQL5. If you do, please, let me know.