An elaborate indicator based on moving averages, mutliple time frames. I would also require MQL code.

Based on moving averages

1.       Buy Entry: Price crosses and closes above EMA on a 1 hour as well as 15 min candle time frame.

(Eg. If price crosses and closes above 20 EMA on hourly, also at the same time, 15 min candle is also trading above 20 EMA then we place buy order at open of next hour

Another eg., If price crosses and closes above 20 EMA on hourly, however, it is not trading above 20 EMA on 15 min candle then we place buy only after the price crosses and closes above 20EMA on 15 min candle, we place buy order on opening of next 15 min)

2.       Exit of Buy Entry – If price crosses and closes below EMA either on 1 hour or 15 min candle time frame.

(Imp: Hence, if Price continues to trade above EMA on hourly

Then, reentries and exit will keep taking place based on 15 min EMA)

Vice Versa for Sell

1.       Sell Entry: Price crosses and closes below EMA on a 1 hour as well as 15 min candle time frame.

(Eg. If price crosses and closes below 20 EMA on hourly, also at the same time, 15 min candle is also trading below 20 EMA then we place sell order at open of next hour

Another eg., If price crosses and closes below 20 EMA on hourly, however, it is not trading below 20 EMA on 15 min candle then we place sell only after the price crosses and closes below 20EMA on 15 min candle, we place sell order on opening of next 15 min)

2.       Exit of Sell  Entry – If price crosses and closes above EMA either on 1 hour or 15 min candle time frame.

(Imp: Hence, if Price continues to trade below EMA on hourly

Then, reentries and exit will keep taking place based on 15 min EMA)

Other Indicator option requirements

1.       Kindly provide option of selecting method of moving averages for both longer and shorter time frame (Simple, exponential, smoothed, linear weighted)

2.       MA Period for both longer and shorter time frame

3.       Entry and Exit Method: Two options either take trade at open of next candle or when it crosses high/low of confirmed candle

4.       Provide options to select longer and shorter time frame

a.       Default: 1 hour and 15 min

b.       Second: Daily and One hour

c.       Third: 30 Min and 5 Min

d.       Fourth: 5 Min and 1 Min

5.       Includes – Take profit, Stop loss, trailing stop loss, trailing stop loss start from

6.       Includes - Intraday or Positional (or trade time)

Backtesting requirement: Should be able to do backtesting for selected dates