I need an Custom Indicator for MetaTrader 4.
The Indicator is needed to identify when PRICE ACTION touches a given indicator OR is within a specified range of pips, at a start of a specified period (1, 5, 15, 30 minutes, etc), a specified Moving Average.
Note variables:
Instruments - mostly Forex; but all instruments should be eligible
All Markets
Different Platform & servers
Dependent on PIPS being within a defined region of a specified Indicator (SMA or EMA) at the start of a specified Time period.
Time frames - variable
REQUIRED FEATURES
1. Forex and Stocks
2. Indicates when price starts within a given range of moving average. for example: price of euro/usd is STARTING within 2 (variable) pips of 26 EMA
3. The range of start price from moving average (SMA or EMA) can be varied; from say 1 pip to 5 pips.
4. The EA should indicate which way the price is moving
5. Can also set more than one EA on one chart, for example: set the EA to identify when EMA starts within 1 pip of 26 EMA and 1 pip 12 EMA.
7. should work on all time frames, from 1 minute, 5 minutes, 10, 15, 30, 60, 240 (4 hours), day, week, month.
8. Can work on several instruments on one computer, in several tabs, in several windows; on MT4,
9. Can work on several windows and screens at once.
10. An alert will be fired by sound and through a message on the screen, a email, Skype, ICQ, or via SMS
11. Provide the source code!
12. Can be back tested in different time frames
13. Expert Advisor should be testable in Strategy Tester (with a minimum of checks and without handling of exceptions)
14. any errors should be ironed out and re-tested
15. The EA should be robust and speedy at identifying and responding to price action. robustness is much more important
16. Think of all of the algorithm "bottlenecks", list them, test them out and accurately processed.
17. The Expert Advisor should be able to restore its normal work after a temporary disconnection, reconnection to the account, or a reset of the client terminal.
18. EA should work both in Demo and Real Trading accounts
19. Expert Advisor should work fine with different brokers, take into account the list of available instruments, their specifications, and other server settings
20. Malfunction of EA should self report.
21. Provide Detailed method of installation and uninstallation
Further Information:
The general conditions: The EA will be expected to work during all market hours, in all time zones. However, I intend to focus in Europe, London and New York.
Working throughout the week, Monday to Friday, during market opening hours.
The EA will generate a signal that Price Action is within a specified number of pips of a specified INDICATOR OR MOVING AVERAGE (SMA AND/OR EMA)
For now, entry into or exit out of a trade will be done manually; upon confirmation of other market conditions.
NOTE:
Whenever possible identify and pre-warn me of situations when the indicator may not work as intended.
Identify whether or not the custom Indicator will work or not with other indicators or Expert advisors.
How long can I expect technical support for this Custom Indicator?
The sooner the job can be completed the better.
Thanks
Jozo
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