MA CROSS ARROW with a catch.

MQL4 Indicators

Job finished

Execution time 4 days
Feedback from customer
If you need someone who understands your needs, is patient, and above all responsive and is able to do the job with excellence than look no further. Highly recommended developer. Thanks.
Feedback from employee
The best I've worked with! knows what he wants and provided clear document of the requirements that saved a lot of time and effort. I really recommend him and looking forward to work with him again!

Specification

I need an arrow indicator that is triggered by a simple cross of two different EMA, fast and slow (the EMA value needs to be adjustable). So every time they cross a signal will show, an arrow up for buy or down for sell.

Fast EMA cross Slow EMA from below= Down Arrow should appear above the current candle where the cross happened ->this will be the Sell signal candle  

Fast EMA cross Slow EMA from Above= Up Arrow should appear below the current candle where the cross happened ->this will be the Buy signal candle


Easy right? but here's the challenging part:

A successful buy trade for me would be if the close of fifth candle after the buy signal candle is higher than the close of the signal candle, and a successful sell trade is if the close of the fifth candle after the sell signal candle is lower than the close of the signal candle.

If this did not happen, it would be considered a  loss trade.. in my observations after a minimum of THREE consecutive loss trades usually the following signals will be a winner for this strategy. 

So with that said, what i specifically need is for the arrow to only show after a minimum of THREE consecutive loss trades. Using Buffer 0 as up arrow and Buffer 1 as arrow down. 

Please set the default fast EMA = 8 , and the slow EMA = 12 --> both value needs to be adjustable.

Chat me up with more details. Please provide a minimum two day demo.  

I will also need the MQ4 file as the final product.




Files:

PNG
EMA_catch.png
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Project information

Budget
30+ USD
For the developer
27 USD
Deadline
from 1 to 4 day(s)