Indicator using Parab SAR

MQL5 Indicators

Job finished

Execution time 1 day
Feedback from customer
The best developer here. You can trust him to be very professional.
Feedback from employee
Everything was perfect. Recommended. 10+ Stars.

Specification

I am looking for an experienced MQL5 developer to create a custom indicator.

Functionality:

  • Plots a horizontal line at the value of a specified parabolic SAR (shift=4 means candlestick minus 4 for exemple) before a trend reversal.
  • Trend reversal is determined when the parabolic SAR indicator passes from below the price (bullish market) to above the price (bearish market) and vice versa.
  • Stops plotting the current line and starts plotting a new line after a trend reversal.
  • Only displays the last actual line as a level in the data window, named SarKeep.
  • Automatically removes the line after a specified number of bars.

Customization:

  • Allows you to specify parabolic SAR values.
  • Allows you to specify candlestick shifts (shift=0 means actual candlestick; shift=1 means candlestick minus 1,...).
  • Allows you to specify the number of candlesticks after which the line should be automatically removed.
  • Allows you to specify the color of the line on the chart.
  • Allows you to specify the width of the line on the chart.

Output:

  • Displays the value of the last current line in the data window as SarKeep.
  • SarKeep = 1.10423

Additional Notes:

  • The indicator should work on both standard and custom charts.

I hope this summary is accurate and helpful. Please let me know if you have any other questions or require further clarification.


Files:

TXT
Sarkeep2.txt
1.3 Kb

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Project information

Budget
30+ USD
Deadline
to 2 day(s)