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Create Sweep Indicator

MQL4 Индикаторы

Техническое задание

You actually need an oversweep indicator

What do I mean


 This is how the oversweep looks like

An oversweep is when the wick is larger than the previous candle.

The previous candle may be 30 minutes earlier

The main thing is that the current wick be lower or higher than the previous one.

When the entry arrow appears The indicator constantly scans for the presence of non-overlapped wicks

When the price reaches such a wick and goes above it, and then there is a rollback to the overlap point, an arrow in the opposite direction appears at the same second Schematically looks like this





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