I want to develop an indicator for MT4 Correlation similar to this demo I'm sending.
This demo is for MT5 and is valid until 2020-01-10 but if you use backtest with earlier date it will work for you. Observe how it works
I do not have the .mq5 file
indicator plots on a sub window the Price Line Close of 2 different symbols around level 0 Does not repeat and has no delay
look print 00.png
I want the indicator to work in exactly the same way as the demo indicator and with the same options by adding a few more:
look print 01.png
TimeFrame PERIOD_M5 TimeFrame Choice
Symbol n.1 EURUSD Can I set any Symbol Available on Broker example:
EURJPY, GOLD, XAUUSD, WING20, WIN $ N, BTCUSD, UsaTec, Bra50Feb20, CoffeMar20, VALE3, SILVER ...
Reversed false Reverse Position
Symbol n.2 USDCAD Can I set any Symbol
Reversed false Reverse Position
Average Period 14 Adjustable Period
Period 100 Determining Amount of
Candles for Plot Calculation (If you change this value the plotting of lines will also change)
nDrawBars 1000 Determine How Many Candles Behind That Indicator Will
Be Visible
Delta #1 0 Level 0
Delta #2 4000 Adjustable Delta Level
Delta #3 -4000 Adjustable Delta Level
Delta #4 20000 Adjustable Delta Level
Delta #5 -20000 Adjustable Delta Level
look print 02.png
look print 03.png
Choosing Colors and Thicknesses of Precision Lines, and Delta Lines
Buffer1 line Price Symbol 1 with description showing delta value above or below 0
Buffer2 line Price Symbol 2 with description showing delta value above or below 0
Buffer3 showing the delta value difference between the 2 lines
Line Price Above Level 0 value Buffer Positive Line Price Below Level 0 value Buffer Negative
Subwindow texts equal to Demo showing Values
I want the file using #property strict
and I want the .mq4 and .ex4 file without warnings
I want the whole code Commented in English or Portuguese Brazil
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A green point should be added at the Low point of candlesticks in the oversold zone—it is the L point. If there is at least one L point between two H points, search for a LL point in the interval between two H points. The candlestick with the lowest Low price will be the LL point. Generally, the LL point is not necessarily an L point. Search for candlesticks with the lowest Low price. If there is at least one H point
The overbought zone is determined as candlesticks, at which the indicator value Value > Lmax (Lmax=-20). The oversold zone is determined as candlesticks, at which the indicator value Value < Lmin (Lmin=-80). The values of Lmax and Lmin should be included in indicator parameters. A yellow point should be added at the High point of candlesticks in the overbought zone—it is the H point. A green point should be added at
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