Swing Alert Indicator

MQL4 Indicators

Job finished

Execution time 3 days
Feedback from customer
A very patient & nice guy who performs professionally & strives for excellence
Feedback from employee
Good customer

Specification

1. Objective

To send out Alert when 2 of the selected time frame are above or below user defined signal line

& lower time frame reaches the user defined Fib retracement value

 

2. Features

A

User is able to select & input any 2 time frame (from M1 to Month)

Where 1 sttime frame defines higher time frame & 2 ndtime frame defines lower time frame

B

User is able to input EMA period & EMA (High Low Close) setting using it as defined signal line

C

System is able to identify last swing low and last swing high on the lower time frame

D

System is able to calculate the Fib retracement value from last swing high & last swing low on lower time frame

E

User is able to input the desired Fib retracement value from last swing high & last swing low on lower time frame

 

3. Alert Criteria

A

User select any 2 time frame (higher & lower time frame) and when both time frame are above a user defined signal line (EMA period with High Low Close)

Then

System will identify & calculate lower time frame Fib retracement value (User defined) from last swing high

&

Alert will be sent out when price reaches the Fib retracement value (User defined)


B

User select any 2 time frame (higher & lower time frame) and when both time frame are below a user defined signal line (EMA period with High Low Close)

Then

System will identify & calculate lower time frame Fib retracement value (User defined) from last swing low

&

Alert will be sent out when price reaches the Fib retracement value (User defined)

 

4. Alert Example

 

Example 1

User input 1 sttime frame as Week & 2 ndtime frame as Day

Only when both time frame are above 100 EMA High (User defined signal line)

System will identify 2 ndtime frame “Day TF” last swing high

System will calculate the fib retracement value @ 50% (user defined value) from last swing high on 2 ndtime frame “Day TF”

Alert massage “EURJPY above 100EMA High at Fib R 50% on Day TF”

 

Example 2

User input 1 sttime frame as H4 & 2 ndtime frame as M30

Only when both time frame are above 150 EMA Close (User defined signal line)

System will identify 2 ndtime frame “M30 TF” last swing high

System will calculate the fib retracement value @ 60% (user defined value) from last swing high on 2 ndtime frame “M30 TF”

Alert massage “SPX above 150EMA Close at Fib R 60% on M30 TF”

 

Example 3

User input 1 sttime frame as M30 & 2 ndtime frame as M1

Only when both time frame are below 200 EMA Low (User defined signal line)

System will identify 2 ndtime frame “M1 TF” last swing low

System will calculate the fib retracement value @ 38% (user defined value) from last swing low on 2 ndtime frame “M1 TF”

Alert massage “XAUUSD below 200EMA Low at Fib R 38% on M1 TF”

 

Example 4

User input 1 sttime frame as H1 & 2 ndtime frame as M15

Only when both time frame are below 50 EMA Close (User defined signal line)

System will identify 2 ndtime frame “M15 TF” last swing low

System will calculate the fib retracement value @ 23% (user defined value) from last swing low on 2 ndtime frame “M15 TF”

Alert massage “WTI below 50EMA Close at Fib R 23% on M15 TF”

 

Example 5

User input 1 sttime frame as H4 & 2 ndtime frame as M30

When 1 sttime frame is above 100 EMA High & 2 ndtime frame is below 100 EMA High (User defined signal line)

The system will no nothing & no alert will be sent out

 

5. Alert

Alert in the form of pop-up, sounds & email

Preferably User can select the number of times alert to be sent out over a period of time

Example alert is sent out once every 2 min for 30 times during current day

Example alert is sent out once every 5 min for 10 times during current day


------------***End***------------



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