4-Bar Reversal or Continuation Indicator

MQL4 Indicadores Forex

Trabalho concluído

Tempo de execução 4 dias
Comentário do desenvolvedor
Nice guy to work with
Comentário do cliente
Awesome to work with, very polite is why I picked him, and very reasonable with completing job requests; hope to use him in the future!

Termos de Referência

An excellent indicator of price action using the Close price only. Previously coded here, not by me

 https://www.mql5.com/en/job/28562


Buy Signal
(1) The CLOSE of the current bar (1) must be higher than the HIGH of the previous bar (2)
(2) The CLOSE on this bar (1) must be higher than the HIGH of the bar three bars back (4)
(3) When those conditions are met, we have a BUY SIGNAL
Sell Signal
(1) The CLOSE of the current bar (1) must be lower than the LOW of the previous bar (2)
(2) The CLOSE on this bar (1) must be lower than the LOW of the bar three bars back (4)
(3) When those conditions are met, we have a SELL SIGNAL

***Note, this will also give multiple signals as price moves in the desired direction and the conditons are met from bar to bar.

Also, this is how it looks, and also a Tradingview chart.




Arquivos anexados:

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Informações sobre o projeto

Orçamento
30+ USD
Prazo
de 1 para 5 dias