Requirements Specification
Develop MT5 indicator that looks exactly like default MT5
Ichimoku indicator plus a few changes:
1. Two more indicator lines to display.
- Upper Stop line ( red color - dash ) = Kijun value + ATRCoeff*ATR(ATRStopPeriod)value
- Lower Stop line ( blue color - dash ) = Kijun value – ATRCoeff*ATR(ATRStopPeriod)value
Where,
ATRCoeff – is an extra Indicator parameter
(double), ex 0.5 or 1.0. Dafault value for this parameter is 1.0
ATR – is a standard average true range for
the “ATRStopPeriod” periods (bars).
ATRStopPeriod - is an extra parameter for
this indicator and means number of bars to calculate ATR (default value is 9)
UpperStopLine will be shown if Close[0]
< Kijun[0]
LowerStopLine will be shown if Close[0]
> Kijun[0]
Both Upper and Lower line is hidden when
Close[0]==Kijun[0]
2. In the upper-left corner a text showing
difference of (Close[0]-Kijun[0] ) as following:
If (Close[0]-Kijun[0] )>0 then Blue
text “Risk=NN pips”
If (Close[0]-Kijun[0] )<0 then Red text
“Risk=NN pips”
If (Close[0]-Kijun[0] )==0 then DarkGray
text “Risk=0 pips”
Where ,
“NN” equals (Close[0] - Kijun[0]) in pips.
List of parameters of this indicator:
Tenkan Sen (int) (same as in the default Ichimoku
MT5 indicator) – default value 9
Kijun Sen (int) (same as in the default Ichimoku
MT5 indicator) – default value 26
Senkou Span (int) (same as in the default Ichimoku
MT5 indicator) – default value 52
ATRStopPeriod (int) ( new ) – default value 9
ATRCoeff (double) ( new ) – default value 1.0
All lines’ styles and colours must be
configurable from the UI.
Please also see attached screen-shot of
the indicator with two extra lines how it looks in NinjaTrader (without text displaying
risk)
Full source code of this indicator must be
provided. Preferably, all newest MT5 features should be utilised.
Use Alpari MT5 demo account version for
testing.
P.S. Please let me know if you prefer to communicate in Russian.
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