MT4 PIVOT SCANNER and MARKET BIAS custom indicator

MQL4 Göstergeler

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Şartname

PIVOT SCANNER

Area 1 -PR0XIMITY
 -scan pairs (from Watchlist or Listed) that either 2 out D1, WK or MN are very close to each other. this resets daily as pivot levels changes. this does not need "Timeframe" as pivot levels for D1, WK and MN are static on other timeframes.
  -KEY: 0 to 10 pips (High Priority HP) 11 to 25 pips (Normal Priority NP) 26 to 50pips is (Low priority LP).
Rating by Pivot proximity: MN and WK - (1), MN and D1 - (2), WK AND D1 - (3)

OUTCOMES: 1HP, 2HP, 3HP, 1NP, 2NP, 3NP, 1LP, 2LP, 3LP

Also, note: areas where the 3 pivots (daily, weekly and monthly) are close to each other with different distances, they should also appear in their respective columns or classified as MIXED, if that is not possible. Check attached photo named "USDJPY...mixed" to understand my illustration



NOTES: 
-On the scanner panel, click on each box that shows a pair, it automatically opens the chart
-a singular chart can take up the scanner. a template can be designed to declare market bias at any open chart.

SCANNER OPTIONS: watchlist/List; list of pairs; type of pivot; size of panel; color scheme; ON/OFF or select HP,NP, LP ie select ALL, 2 either one just one 1.; 


Area 2 - MARKET BIAS (this shows on the selected pair from the scanner or it can be a template (tpl) that will be applied on single chart. it can be part of scanner at a row as the case maybe showing list of pairs in information that are not clickable).

 -price above MN is generally bullish and price below MN is generally bearish.

 -price above MN but below WK and D1 is "bullish" and price below MN but above WK and D1 is "bearish"
 -price above MN and D1 but below WK is "strongly bullish" and price below MN and D1 but above WK is "strongly bearish"
 -price above MN and WK but below D1 is "very strongly bullish" and price below MN and WK but above D1 is "very strongly bearish"
 -price above MN, WK and D1 is "very very strongly bullish" and price MN, WK and D1 is "very very strongly bearish"

COLOR CODES:
BULLS should have different "GREEN" color is different intensity
"Bullish"
"strongly bullish"
"very strongly bullish"
'very very strongly bullish"

BEARS should have different "RED" color is different intensity
"Bearish"
"strongly Bearish"
"very strongly Bearish"
'very very strongly Bearish"


FUTURE UPGRADE (will be done later as EA. I will pay for EA when it is TIME, not free job).
-Automate "Market BIAS with EMA 21 at H1 TF( or selected TF).

DISCLAIMER
-if you have worked with Pivots, that is also an advantage

-if you have traded with Pivots, that is also an advantage

-customize with my name and my website, then submit source code.

-PANEL should be a good looking design

Check attached to see Pivots and interpretations

-GBPCAD....M15 (very strongly bullish)

-GBPJPY....H1 (very strongly BEARISH)

-USDCHF...H1 VEY STRONGLY bullish set up

-USDJPY...H1 STRONGLY BEARISH

-XAUUSD....H4 VERY STROGLY BEARISH

-CADJPY....H1 BEARISH


also, file of the PIVOT INDICATOR is attach. it is free on mql5 "Pivots SR Levels"

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