MACD, Stochastics and MA Confluence

MQL4 Indicators

Job finished

Execution time 25 days
Feedback from employee
Great customer! Thanks a lot. If you will have any new idea - i am always open for you!
Feedback from customer
We had a few bumps on the road starting out, but Clim understood the project and executed it well. The guy even gave up a couple hours of sleep for it, which I appreciate very much. Thanks brother!

Specification

Indicator Name: Obi Method

Buy Arrow Signal:
MACD using settings (Default: Fast=12 Slow=26 Smooth=9) is oversold and within "cross threshold"
Stochastic using settings (Default: Period D=3 Period K=14 Smooth= 3) is oversold and within "cross threshold"
Price is above 14 EMA.

Sell Arrow Signal:
MACD using settings (Default: Fast=12 Slow=26 Smooth=9) is overbought and within "cross threshold"
Stochastic using settings (Default: Period D=3 Period K=14 Smooth= 3) is overbought and within "cross threshold"
Price is below 14 EMA.

Parameters:
"Cross Threshold" (Default: 4)
Sets the range of bars within which the crossovers of the stochastic and MACD must occur. For example if you set this value to 2 and the Stochastic crosses three bars before the MACD, no signal will be generated.
Adjusting the MACD settings. (Fast, slow, and smooth settings) (Default: Fast=12 Slow=26 Smooth=9)
Adjusting the Stochastic Settings (K,D and smooth lines) (Default: Period D=3 Period K=14 Smooth= 3)
Adjusting the EMA settings (and being able to turn on and off the EMA settings with a "True or False function) (Default: 14)
"Trend Filtering Setting" (Able to turn on and off with a "True" or False" function) (Default: False)
(Uses 144 period EMA to filter out which trades to place. For example if price is below the 144 EMA only sell signals will be generated)
Adjusting the EMA period for "Trend Filtering" (Default EMA Period: 144)

Signal Types
Gray Dot: Signals when MACD and Stochastics confluences are met but price is not yet above/below 14 EMA.
Buy/Sell Arrow: Signals when the conditions of a Full Buy/Sell Signal are met

Alerts
Sound alerts for a buy/sell arrow signal and a gray dot signals.
Push notifications
Email notification

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Project information

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50+ USD
Deadline
from 1 to 2 day(s)