Alert indicator - watch multiple time frames on 1 pair

MQL4 Indicators Experts

Job finished

Execution time 1 day

Specification

Alert indicator - watch multiple time frames on 1 pair

Checks for current candle to take out high or Low of previous candle and close higher/lower than the previous candle.


Example 1 . Current candle  takes out the high of the previous candle and then closes below the low.

Example 2 . Current candle  takes out the low of the previous candle and then closes above the high.



WHEN we have a upward close formation we put a green box around the formation.

When we have a downward close formation we put a red box around the formation.



If i'm on a 5 min time frame on XAUUSD and change to 15 min TF it should redraw the formations relevant to that time frame.


- We also need to mark out retests of these zones.

When price first retests the upward formations we place a green dot above that candle and alert of a retest of that structure. When price retest a downward closing formation we place a re dot below the candle that retested the structure.


EA/INDY will have option to enable/disable alerts.

Alerts on/off for the following TF


Daily
4 hr
1 hour
30 min
15 min
5 min
1 min



Alert example

XAUUSD 1 HR Bullish Raid Retest (price)

XAUUSD 15 min Bearish Raid (Price)



Max lookback settings for indicator calculations in Days - Default 30 days.


Zone Drawer Enable /Disable.


If enabled Draw rectangle box forward in time x days for Daily formations and have a unique colour setting.

do the same for 4 hr formations casting forward for 20 days.




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