ATR Indicator

MQL4 Indicators

Job finished

Execution time 8 days
Feedback from employee
Thanks for the job!
Feedback from customer
Mike has been very helpful and amiable to a customer who's demands have changed slightly mid development... He works quickly and provides a good level of service!

Specification

Hi All,

I would like a simple MT4 indicator to aid me in my trading.

I would like it to determine when the ATR reaches a trough. I am struggling because achieving this doesn't rely on the value of the ATR alone, moreover the proximity of the value to the lower value displayed on the indicator chart (which is of course dynamic and will change depending on the value itself and how many candles are displayed on the chart (how zoomed out I am), so a static value cannot be used,and of course the values vary from currency to currency - I would like to use this on numerous pairs).

 Is this possible?

Once a trough has been determined I would like 2 horizontal lines to be drawn at the high and low of the trough candle.

Once a subsequent candle breaks through this line I would like an alarm to sound.

This alarm should continue until it is turned off, it should not be a one off sound that may or may not get my attention. 

 

This is my first time posting a request on here so apologies if I have not been clear enough or anything.

 

Also I will consider implementing this into an EA at a later date so if instruction on how to access the correct buffers which trigger the alarm  and the option to turn the alarm off etc can be documented  that would be hugely appreciated!

 

If anyone is interested please contact me at felixc1991@gmail.com 

 

Many thanks in advance!

Felix 

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Project information

Budget
10 - 60 USD
Deadline
from 1 to 4 day(s)