Need binary indicator which will be based on candle shape and movement.

MQL4 Indicators Forex Options

Job finished

Execution time 1 day
Feedback from customer
Really nice work, expert developer.
Feedback from employee
Great customer, clear specs, recommended+

Specification

Sell Arrow Condition :

1 :Indicator will check if the current candle has broken the high of previous candle by given number of points, for example current candle breaks the high of previous candle with more than 30 points .number of points will be editable option in settings. Please check image below.  condition 1

When To Show Sell Arrow or put arrow: When the first condition is met indicator will wit if the current candle price drops back to the high of previous candle . at the point indicator will show sell arrow. so the arrow show time will be when current candle price is same last candle high price. please check image below.

Sell Arrow


Buy Or call condition : its same type opposite conditions for buy , when the current candle breaks the low of previous candle by given number of points will be first condition and when it rises back to the low of previous candle its the buy arrow show time. please check example below.

buy


expiry : there will be 2 options for expiry.


1: select time : 1 minute , 2 minutes, 3 minutes, 4 minutes , 5 minutes.


or


auto option : indicator will work on M5 chart , so at the time of arrow if the current candle has moved more

 than 1 minute expiry will be 5 minutes, if it has moved more than 2 minutes expiry will be 4 minutes, if moved

 more then 3 minutes expiry will be 3 minutes. if moves more then 4 minutes expiry will be 1 minute, in the 

indicator menu it will show option if to use selected time or auto expiry option.


when arrow is shown indicator will show expiry countdown timer will start with selected expiry.


in alerts arrows will show as call or put with expiry time not buy/sell.


Stats Panel : at the lower left corner indicator will show signal stats as below.


Total signals : 


wins :


loss :


win% : 



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Project information

Budget
75+ USD
Deadline
from 1 to 4 day(s)