Simple indicator using only Bollinger Bands and Trend Direction&Force Index

MQL4 Indicators

Job finished

Execution time 1 day
Feedback from customer
Very good professional!
Feedback from employee
Very good customer, pleasure to work with

Specification

I want an indicator that will show me a signal when the following occurs:

FOR LONG SIGNAL
1- Candle closes under the lower bollinger bands
2- Trend Direction&Force Index (trend period 2) displays -1
3- Trend Direction&Force Index (trend period 3) displays -1
3- Trend Direction&Force Index (trend period 4) displays -1
SIGNAL IS: An Arrow pointing UP that tells you that the next candle is BULLISE

FOR SHORT SIGNAL

1- Candle closes above the upper bollinger bands
2- Trend Direction&Force Index (trend period 2) displays +1
3- Trend Direction&Force Index (trend period 3) displays +1
3- Trend Direction&Force Index (trend period 4) displays +1
SIGNAL IS: An Arrow pointing DOWN that tells you that the next candle is BEARISH


The Bollinger Bands is a common one with period 20 and deviation of 2.3

Yes. It´s that simple, not very much effective but will be usefull with few other indicators that i already have.

An example of how it should be for a long signal:

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Project information

Budget
50+ USD
For the developer
45 USD
Deadline
to 10 day(s)