PVA TREND FOLLOWING INDICATOR

MQL4 Indicators Experts C++ Forex

Specification

Hi coders, here is my requirement for this indicator; 

INDICATOR NAME

"PVA TREND INDICATOR"

time frame H1

INDICATOR NEEDED 

50 EMA 

13 EMA 

CANDLE SUITS INDICATOR. (i will send you if you don't have it)

BASED ON TREND FOLLOWING ONLY.

INDICATOR HAS TO BE ABLE TO IDENTIFY A TREND USING

THE CROSS  OF THE 13 EMA  OVER THE 50 EMA FOR UP TREND

AND THE CROSS OF THE 13 EMA OVER THE 50 EMA FOR A DOWNTREND.


EXAMPLE OF A WHAT A BUY SIGNAL WOULD LOOK LIKE 

       TIME FRAME H1, 13 EMA CROSS ABOVE 50 EMA

BUY EXAMPLE


STEP:1 ROBOT IDENTIFY UP TREND BASED ON 13 EMA CROSSING ABOVE 50 EMA

STEP:2 ROBOT WAIT FOR ENGULFING RED CANDLE SUITS TO PAINT 

STEP:3 ROBOT SEND BUY SIGNAL ON CANDLE CLOSE WITH OPTION TO AUTOMATICALLY TRIGGER A BUY  TRADE WITH 2% RISK BASED ON ACCOUNT BALANCE AND STOP LOSSE


EXAMPLE OF SELL SIGNAL ALERTER

STEP:1 ROBOT IDENTIFY DOWN TREND BASED ON 13 EMA CROSSING ABOVE 50 EMA

STEP:2 ROBOT WAIT FOR ENGULFING GREEN CANDLE SUITS TO PAINT 

STEP:3 ROBOT SEND SELL SIGNAL ON CANDLE CLOSE WITH OPTION TO AUTOMATICALLY TRIGGER A BUY  TRADE WITH 2% RISK BASED ON ACCOUNT BALANCE AND STOP LOSSE

SELL EXAMPLE








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Project information

Budget
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Deadline
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