Indicator required to filter the alerts of "PZ Candle Pattern" Indicator

MQL4 Indicators

Job finished

Execution time 66 days

Specification

Hello,


I need an Indicator, which should read multiple types of bearish/bullish alerts from my existing non-repaint Indicator (PZ Candle Pattern) and mirror these with some filtration as per below given signal rule. 


E1 :    Existing Indicator (Candle Pattern Indicator)

·         Non-repaint Indicator

·         Bullish Alert – Blue Colour

·         Bearish Alert – Red Colour

·         Alert announce on candle close, on closed candle

 

Win/Loss definition for Signal Rule:

·         Win = A Bull Candle occurs after <Proper E1 Buy Signal>, or a Bear Candle occurs after <Proper E1 Sell Signal>.

·         Loss = A Bear Candle occurs after <Proper E1 Buy Signal>, or a Bull Candle occurs after <Proper E1 Sell Signal>.

·         Loss = A Candle with 0 sized body occurs after <E1 Buy/Sell Signal>.

 

Signal Rule:

·         Stage 1: Wait for [Input: Minimum Consecutive Losses (0+)] consecutive Losses to occur.

·         Stage 2: Fire Buy/Sell Arrow (on closed candle), mirroring E1 signal type (bulish/bearish).

·         Stage 3: If Stage 2 Arrow gets a Win, return to Stage 1 to wait. Otherwise, repeat Stage 2 until a Win.

 

Indicator inclusions:

·         Alerts: Popup

·         Configurable Arrow symbols, offsets and size/colours via Colours tab.

 

Alert line examples:

 

·         "[EURUSD, M1]: BUY   --- MARTINGALE"

·         "[EURUSD, M1]: SELL  --- MARTINGALE"

 

Special:

·         Specific low level request to ensure that Buy Signal output is via signal output buffer 0.

·         Specific low level request to ensure that Sell Signal output is via signal output buffer 1.

 

Source Code Required



Photos of Existing Indicator.

1


2



Thanks..


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Published: 1 article, 8 codes
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