Zig zag based Higher low and lower high identiication indicator

MQL4 Indicators

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Execution time 25 days
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Specification

I need an indicator based on zig zag  price  higher lows  breakouts and lower highs breakout system

BUY CONDITIONS:

INDICATOR  MUST CALCULATE   LOWER   HIGH  BREAOUT   FOR  BUY  SIGNAL

 

·         Chart makes  lower  highs( at this time   chart make  lower  lows )

·         Price  must   break  at previous lower high swing  price  and close above previous swing high.

·         That is the buy signal price also must trade above  previous  candle high

·         From this level  indicator must draw trailing line  and take the alternative  HIGHER LOW LEVEL  for  trailing and find the reversal  signal


SELL  CONDITIONS:

INDICATOR  MUST CALCULATE   HIGHER  LOWS   BREAOUT   FOR  SELL  SIGNAL

Sell conditions:

·         Chart makes   highs lows( at this time   chart make  higher highs)

·         Price  must   break  at previous higher low swing  price  and close below previous swing low.

·         That is the sell signal price also must trade below  previous  candle low

·         From this level  indicator must draw trailing line  and take the alternative  swings for  trailing and find the reversal  signal


·         INDICATOR MUST  DRAW LINE LIKE TRAILING PROTECTING  STOP LOSS LINE

·         INDICATOR  WILL MUST SHOWING  STOP LOSS AREA  WITH  RACTANGLE

·         INDICATOR  TAKE ALTERNATIVE   HIGHER  LOWS   FOR DRAW  LINE  FOR IDENTIFY THE REVESAL SIGNAL   IT IS VERY IMPORTANT .

·         SOME FAKE  OR NOICE  SIGNAL   WILL HAVE   AVOID  FOR THIS  ATERNATIVE   HIGHER LOW

AND  LOWER HIGHS IDENTIFIATION

 

INDICATOR  MUST SHOWING   SIGNAL ACTIVATION PRICE   ACTIVATION  TIME   AND  SHOW PROFIT AND LOSS  ON THE  DASH BOARD



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Project information

Budget
35 - 40 USD
Deadline
from 1 to 3 day(s)