I would like to build an indicator based on the behavior of
2 candles.
The indicator should work on all time frames
Default 5 min chart
Variables: Options to
change the values
1.
Qualifications for candle A:
a.
Minimum size of a candle A - 30 points default
b.
Minimum body size 10% (Open and Closed Price
must be minimum 10 % of the whole candle Highest High and Lowest Low)
Qualifications for candle B:
a.
Minimum size of a Candle B - 20 points (default)
b.
Minimum body size 10% (Open and Closed Price
must be minimum 10 % of the whole candle Highest High and Lowest Low)
c.
Minimum points to close the price from the
Lowest Low or Highest High of the Candle A 4 points (option to change)
d.
Candle B – the whole candle MUST be smaller than
Candle A by 10% (HH and LL)
Arrows:
BUY Arrows – 15 sec alert time (option to change the time)
Buy Arrows – color – Green
SELL Arrows – 15 sec alert time (option to change the time)
SELL Arrows – Color – Red
When Candle A qualifies with the size and then Candle B qualifies with
the size, the indicator should start to indicate 15 seconds before the end of
the candle, 4:45 in this situation candle 5 min.
It should send a pop up alert (option True False) and / or Push Notification.
“Possible Inside Candle Alert”.
EUR USD – CALL or PUT , and visually
should place an arrow under/ above the Candle B. The arrow should blink every 1 second. (option to change
to 2 sec)
IF the Candle B (SELL – bearish candle) will close the price minimum 4
points from the Lowest Low of the Bearish Candle A (immediately the arrow should
stay firm without blinking under the Candle B in the distance of 5 points
(option to change the distance to 10 points) .
The arrow should stay in the history of 10,000 candles. (option to change
in the variables)
When the indicator should send the
alert and blinking arrow?
Please have a look at the attached pictures.
Source code in English Only please.
Indicator
should also have in the source code the expiration date and be protected by the
Meta Trader Account Name.
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