Kangaroos and Shadows to Telegram
as described in Naked Forex book.
This bot includes also checks Bollinger bands to give a better hint if the printed Kangaroo or Big Shadow is a strong one or not. It is also checking 10 prevous candles C1-C10 for their range, if the range is larger than the kangaroo the icon is green, otherwise red.
User can configure how many candles are there to be checked for the "room to the left" per default the setting is at 15.
The bot sends out a notification including screenshot to the users own created Telegram channel and prints out a sign on a chart where the big shadow and kangaroo is formed.
Works on every time-frame, Forex pairs, stocks, whatever there is on MT4.
Type: Sell 🟥
SL: 27843.3 - 135 Pips
TP: 27785.6 - 442 Pips
C1: 🔴 C2: 🟢 C3: 🟢 C4: 🔴 C5: 🟢
C6: 🔴 C7: 🔴 C8: 🔴 C9: 🔴 C10: 🟢
Time: 2020.08.18 20:10
Contact me for support.
|InpChannelName||Put here your own created Telegram channel name starting with @ e.g. @MySignalChannel. It has to be a channel, chats don't work||empty|
|InpToken||Bot token ID which you have created in Telegram, note the channel must be public and the bot needs to added as an admin||empty|
|numberOfCandlestoCheck||Number of previous candles to be checked, if the price has been there||15|
|TPFactor||Based on SL size which is given by the Kangaroo tail or Big Shadow you can set the SL target to be x times SL in pips. e.g. 2.25 times SL value||2.0|
|numberOfRangestoCheck||Parameter to steer signal is only sent when the Kangaroo or Big Shadow range is bigger than x previous candles. Only values from 0 (switched off) to 10 are allowed. Higher ones are ignored.||0|
Note: This indicator does not guarantee any profits, instead it is a help instrument to get better on your trading and helping making a decision
In Metatrader 4 don't forget to go to Tools->Options. Select "Expert Advisors" and tick the checkbox "Allow WebRequest for listed URL:" and add https://api.telegram.org to the list.
Two new input parameters useOwnTPFactor and ownTPFactor