Mql4 indicator

MQL4 Indicatori

Specifiche

Write a simple program that will use Moving Average indicator and 5 basic candlestick pattern.

Note:

use as default settings for MA but allow user to adjust:

1. 17 period

2. shift: 1

3. MA method: smoothed

4. Apply to: close

5. let smoothed color Lime color if smoothed ma period 17 step 30 point rise-up (line 5)

6. let smoothed color Red color if smoothed ma period 17 step 40 point decline-down (line 6)


use this default settings of the 5 basic candlestick pattern:

1. Bearish pattern are Hanging man, Shooting star, Bearish engulfing, Evening star, 3 black crows.

1a. signal any bearish pattern if red color of ma period 17 is met. red color is line 6.

1b. signal on top of any basic 5 bearish pattern that shows up by writing the name of the candlestick and color it red at the top of a red vertical rectangle color line.

1c. ignore all bullish pattern signal if line 6 is met.


2. Bullish pattern are Hammer, Inverse hammer, Bullish engulfing, Morning star, 3 white soldiers.

2a. signal any bullish pattern if lime color of ma period 17 is met. lime color is line 5.

2b. signal at the bottom of any basic 5 bullish pattern that shows up by writing the name of the candlestick and color it lime at the bottom of a lime vertical rectangle color line.

2c. ignore all bearish pattern signal if line 5 is met.


Note:

1. prompt and timely in updating bearish and bullish signal if detected

2. ready to be attached with other indicator at the chart

3. work at all timeframe and chart symbols

4. do not speed low the mql4 platform when bearish and bullish signal is detected



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