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30+ USD
30 - 60 USD
55+ USD
Specification
Hello, Everyone. I need a coder who can help me to build a new mql4 indicator , The details as follow.
To create alerts, this indicator will use
- A filter of time
- The price candles
- Price levels to filter the alerts (supports and resistances)
- Differences in price levels to identify trends
- Finally, it will use several timeframes.
--- Time filter
First of all, we will have to be able to set 1 period which will define the only time slot during which this indicator will work, and thus create alerts.
Conditions
--- Validation Formula (VF) (This formula will be the essential part of the indicator)
Alerts will be created including the following condition, which uses the levels of 2 candles that follow. Here are the explanations:
- For a buy alert
A bearish candle (Y)
Followed by a bullish candle (Z), the bottom of the candle (Z) will not be lower than that of the candle (Y).
There will be no lower price than the Y candle on the previous "x" candles (20 candles by default).
- For a sell alert
Bullish candle (Y)
Followed by a bearish candle (Z), the top of the candle (Z) will not be higher than that of the candle (Y).
There will be no higher price than the Y candle on the previous "x" candles (20 candles by default).
--- Filter for the trend (60 candles by default)
When a potential alert is detected, it must meet the following condition to be validated :
Between the lowest of the Y candle and the highest of the previous "x" candles, the difference must be greater than "x" (modifiable parameters) pips.
If this is not the case, the alert should not take place.
This calculation should be done only with the candle values of the current window.
--- Filter by level (on / off)
1 level of support and 1 level of resistance will be created automatically when the indicator will be installed on the graph and this filter will be activated. These 2 levels will be positioned at the current price level.
These levels will be horizontal lines (solid) plotted on the graph.
These levels must be able to be moved manually.
When this option is activated :
- only bullish alerts are allowed only when the lowest of the Y candle is below the support
- only bearish alerts are allowed only when the highest of the Y candle is above the resistance.
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Project information
Budget
30 - 100 USD
For the developer
27
- 90
USD
Deadline
from 1 to 7 day(s)