Job finished
Execution time 1 day
Feedback from customer
Handle work quickly and efficiently. Deliver results on time and respond to corrections quickly.
Feedback from employee
Great customer with a good communication skills and a well detailed write up. Thanks
Specification
Full Feature Description of Phoenix_3EAM Indicator
1. Main Functionality
- Purpose: The indicator tracks and analyzes market trends using three Moving Averages (MA) and generates Buy/Sell signals based on predefined crossover conditions. These signals are displayed on the chart and can be sent as notifications to the user's MetaTrader app or email.
- Core Features:
- Displays Buy and Sell signals directly on the chart as arrows.
- Plots three customizable MA lines with different colors:
- MA1 (Blue): Short-term moving average (default period: 8).
- MA2 (Yellow): Mid-term moving average (default period: 21).
- MA3 (Magenta): Long-term moving average (default period: 55).
- Sends notifications (optional) when signals are generated.
2. Input Parameters
Signal Settings
- EnableBuySignal (default: true): Enables or disables Buy signals.
- EnableSellSignal (default: true): Enables or disables Sell signals.
- NotifySignal (default: true): Enables or disables notifications for signals via the MetaTrader platform.
Trading Time Settings
- TradeStartTime (default: 09:00): Start time for signal generation.
- TradeEndTime (default: 17:00): End time for signal generation.
Moving Average (MA) Settings
-
MA1 (Short-term)
- MA1_TimeFrame (default: PERIOD_CURRENT): Timeframe for MA1.
- MA1_Period (default: 8): Period for MA1.
- MA1_Method (default: MODE_EMA): Calculation method (e.g., EMA, SMA).
- MA1_Price (default: PRICE_CLOSE): Applied price (e.g., close price).
-
MA2 (Mid-term)
- MA2_TimeFrame (default: PERIOD_CURRENT): Timeframe for MA2.
- MA2_Period (default: 21): Period for MA2.
- MA2_Method (default: MODE_EMA): Calculation method.
- MA2_Price (default: PRICE_CLOSE): Applied price.
-
MA3 (Long-term)
- MA3_TimeFrame (default: PERIOD_CURRENT): Timeframe for MA3.
- MA3_Period (default: 55): Period for MA3.
- MA3_Method (default: MODE_EMA): Calculation method.
- MA3_Price (default: PRICE_CLOSE): Applied price.
3. Signal Conditions
Buy Signal
A Buy signal is generated when one of the following conditions is met:
- MA1 crosses above MA3.
- MA1 crosses above MA2, and the current close price is above MA3.
Sell Signal
A Sell signal is generated when one of the following conditions is met:
- MA1 crosses below MA3.
- MA1 crosses below MA2, and the current close price is below MA3.
4. Indicator Behavior
-
Initialization ( OnInit ):
- Creates and initializes handles for the three MA lines (MA1, MA2, MA3).
- Links data buffers to store and display MA values on the chart.
- Validates MA handles and aborts initialization if an error occurs.
-
Resource Cleanup ( OnDeinit ):
- Releases the resources associated with MA handles when the indicator is removed.
-
Signal Generation ( OnCalculate ):
- Retrieves MA values for all bars and checks for Buy/Sell conditions.
- Signals are displayed as arrows:
- Green upward arrow: Buy signal.
- Red downward arrow: Sell signal.
- Sends notifications if NotifySignal is enabled:
- Notification includes:
- Signal type (Buy/Sell).
- Timestamp of the signal.
- Symbol name.
- Notification includes:
-
Moving Average Visualization:
- Plots MA1 (blue), MA2 (yellow), and MA3 (magenta) on the chart for visual trend analysis.
-
Trading Time Validation:
- Signal generation is restricted to the specified trading hours ( TradeStartTime and TradeEndTime ).
- Adjusts for cross-midnight scenarios:
- For example, TradeStartTime = 23:00 and TradeEndTime = 05:00 .
5. Features
- Flexible Customization:
- Users can adjust the periods, calculation methods, and applied prices of the MAs.
- Trading hours and notification settings are configurable.
- Notifications:
- Signals can be sent as push notifications to the MetaTrader mobile app or email (if configured).
- Cross-midnight Support:
- Handles trading hours that span across midnight seamlessly.
6. Advantages
- Clear Signals: Displays arrows for easy recognition of Buy/Sell opportunities.
- Trend Visualization: Provides insight into short-term, mid-term, and long-term trends with colored MA lines.
- Automated Notifications: Ensures that users don’t miss trading opportunities by sending real-time alerts.
- Adaptability: Suitable for multiple trading strategies due to its adjustable parameters.
7. MetaTrader Configuration
- Enable Notifications:
- In the MetaTrader platform, navigate to Tools > Options > Notifications .
- Check Enable Push Notifications and enter your MetaQuotes ID.
- Set Up Email Alerts:
- Go to Tools > Options > Email .
- Configure the SMTP server and recipient email for email alerts
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Project information
Budget
35+ USD
Deadline
from 1 to 3 day(s)