Zig Zag + Moving Average Indicator with Alerts

MQL4 Indicators

Job finished

Execution time 136 days

Specification

Creation and development of a multi-symbol, multi time frame indicator (with buffers and source code) that provides alerts on the MT4 platform. (Must have experience developing Zig Zag Indicators)


1.     Works for all symbols on the MT4 platform

2.     Multi time frame - should work for symbols and time frames added to the MT4 market overview/watchlist 

3.      Alerts and push notifications sent to mail, phone and platform

Zig Zag and Moving average displayed on current chart

Arrow indicator confirming when Zig Zag trend (point 2) is broken  



 Zig Zag indicator and attributes;

1.           Extremum functionality (using highs and lows of the bars where zig zags are drawn as opposed to close of bars  – see attached diagram)

2.           2 alternative depth parameters

a)           %

b)           Points

3.           Inputs including depth, deviation, backstep and number of bars needed to allow for different size zig zag’s swings (must be able to mirror smallest swing highs and lows for any cycle)

 

Moving average attributes;

1.       Simple moving average or Exponential moving average 

2.       All time periods

 

Indicator rules;

Alert to be sent on nominated time frames for all listed symbols when the following happens;

1.        

a)       Trend change of Zig Zag where point 2 is being approached or touched and point 3 is either higher or equal to point 1 (forms higher bottom or double bottom – see attached diagram) or is lower than point 1 (trend reversal) and

b)      Price is above Moving Average or

2.        

a)       Trend change of Zig Zag where point 2 is being approached, touched, or broken and point 3 is lower or equal to point 1 (forms lower top or double top – see attached diagram) or is higher than point 1 (trend reversal) and

b)      Price is below Moving Average

 

TERMS AND CONDITIONS


Developer to provide all source code and indicator buffers to the client and client will retain all ownership of the IP.

 

 





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