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Is it possible to modify this indicator to my needs?

MQL4 Indicators

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Specification

Hi there,

find attached an indicator i found on the forum. It detects breakout bars.

For me it is kind of too much bars that are detected. For example if there is one breakout bar and the next closes above/below it is also a breakout bar.

Would it be possible to adjust it, so one can have a Minimum/Maximum Range that is taken into account.

Also i would need an additional filter that measures the minium Candle bodysize in percent. So Candles with too long wicks get filtered out.

Parameters should be as followed:

MinRange: (Numerical Value)

MaxRange: (Numerical Value)

MinCandleBodySize: 0-1 (0 means 0%, eg. 0.5=50% etc.)


Alerts: On/Off

Alerts on current: On/Off

Alert Message: On/Off

Alert Mail: On/Off

Alert Push: On/Off

Alert Sound: On/Off


Bullish Color:

Bearish Color:


Alert should send the Pair and timeframe.




Files:

MQ4
mikko_breakout_bar.mq4
2.3 Kb

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