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Specification
I require an alert indicator that signals when 6 custom indicators all turn the same colour, either all RED or all GREEN (colours can be changed – user to specify in indicator inputs). I cannot supply the source code for these indicators as they are purchased custom indicators from separate systems, but I can supply a copy of the indicator itself.
The new indicator name shall be VANBRAN.ex4
The custom indicators are:
In the Chart Window:
SlopeDIrection.ex4
In separate Indicator windows:
1. FIB – ETC1.ex4
2. FIB – ETC2.ex4
3. FIB – STC1.ex4
4. FIB – STC2.ex4
In One Separate Indicator Window:
5. ForexPrecogMACD.ex4
6. ForexPrecogPro.ex4
The ForexPrecogPro indicator is one indicator with a top row and bottom row, either of which can be RED or GREEN.
The signals to be generate are as follows:
BUY Signal – which alerts as follows: BUY (PAIR) (Timeframe) on the close of the current candle. The Indicator shall paint a GREEN candle UNDER the signal candle.
The BUY conditions are:
SlopeDirection is GREEN
ETC1 & 2 Are GREEN
STC1 & 2 are GREEN
ForecPrecogMACD is GREEN and >0
ForexPrecogPro TOP ROW is GREEN
A STRONG BUY Signal is generated when
All the above for a BUY signal are met and
ForexPrecogPro BOTTOM row is GREEN
SELL and STRONG SELL are the reverse of the above when colour is RED
No new signal is to be generated if the previous candle already generated a signal, unless it changes from BUY to STRONG BUY or SELL to STRONG SELL.
A new signal is generated when:
1. On startup of MT4 the alert indicator should check and advise of the BUY or SELL condition of each open chart as a starting point for the session
2. When conditions change from BUY to SELL or vice versa (i.e. when all conditons are met for an opposite signal)
3. conditions change from BUY to STRONG BUY and SELL to STRONG SELL (when ForexPrecogPro Bottom Row turns same colour as top row
4. Any one or more of ETC or STC has changed from one colour to the other and then ALL revert back to a BUY or SELL condition. In other words, if the conditions of BUY or SELL have not changed then no need to generate a new signal.