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The idea of the indicator
Firstly the custom indicator is base on custom MACD,custom Momentum,custom RSI, and custom Stochastic Osciclator found in preinstalled MT4 client
What you need to do
As we know Stochastic Oscillator have level 20 as Overbought and level 80 as Oversell..When MACD hill & signal line , Momentum signal line , Both of Stochastic oscillator line reach the level 20 which is overbought,and RSI signal line reach level 30......... remember if only 3 over 4 signal or 4 over 4 singal is present (refer the note below if you dont understand) ....then start play audible alert,push notification to email,notification for mobile terminal and instant alert as 'Buy Mode'........and when the MACD hill & signal line , Momentum signal line , Both of Stochastic oscillator line reach the level 80 which is overbought,and RSI signal line reach level 70...... remember if only 3 over 4 signal or 4 over 4 singal is present (refer the note below if you dont understand) .. ....play audible alert,push notification to email,notification for mobile terminal and instant alert as 'Sell Mode'....the level 80,70 and 30,20 is based on stochastic oscilator level ..
note
1.please use indicator that are provided in attachment
2.Use the picture as guidance
3.All indicator setting are default.
4.please show all input for each indicator for future modification
5. 3 over 4 signal means 3 indicator reach level 80,70 or level 30,20 while the other 1 indicator doesnt reach level 80,70 or level 30,20
6. 4 over 4 signal mean all of the 4 indicator reach level 80,70 or level 30,20
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