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Indicator will be attached to a RENKO chart.
I need an indicator for MT4 that will popup a message and sound alert after X number of bars are formed.
Input parameter:
Number of congestion bars:
See the sample illustration below. First bar is the same direction from the last bar. Second bar should always be an opposite of the first bar. Third bar is opposite of the 2nd bar. Next bar is always opposite of the previous bar.
If Number of congestion bars = 6
The first bar is labeled 1 and last bar in the congestion is labeled 6. Pop up and sound alert should be triggered after bar 6 is formed.
https://www.mql5.com/en/charts/2793239/gbpusd-m2-pepperstone-financial-pty
If Number of congestion bars = 5
The first bar is labeled 1 and last bar in the congestion is labeled 5. Pop up and sound alert should be triggered after bar 5 is formed.
https://www.mql5.com/en/charts/2793224/gbpusd-m2-pepperstone-financial-pty
If Number of congestion bars = 4
The first bar is labeled 1 and last bar in the congestion is labeled 4. Pop up and sound alert should be triggered after bar 4 is formed.
https://www.mql5.com/en/charts/2793231/gbpusd-m2-pepperstone-financial-pty
If Number of congestion bars = 3
The first bar is labeled 1 and last bar in the congestion is labeled 3. Pop up and sound alert should be triggered after bar 3 is formed.
https://www.mql5.com/en/charts/2793234/gbpusd-m2-pepperstone-financial-pty
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