This system is a scanner that would be scanning through all the currency and time frame for a particular pattern on a chart and come as a dashboard .
INDICATORS
1.ADX
2.RSI
The system would be detecting the break of swing low or high base on the condition to buy or sell.
TO BUY
A Break of a swing low and if price broke above the bullish candle stick that come after bearish candle stick of the previous low.
The next action is to wait for the price to come back to the high of the bullish candle stick that come after bearish candle stick of the previous low. There we want to see the ADX at or above 50 and the RSI at or below 30
The high of that bullish candle stick in question is a critical point and a line should be drawn on a 1HR ,4HRS,DAIRLY,WEEKLY AND MONTHLY CHART Charts at the high of the bullish candle stick PRICE .
Immediate Whenever this condition is met on the above timeframes, it should detect the above signals on 1MINS ,5MINS AND 15MINS time frame if any occur for trade entry.
TO SELL
A Break of a swing high and if price broke below the bearish candle stick that come after bullish candle stick of the previous high.
The next action is to wait for the price to come back to the low of the bearish candle stick that come after bullish candle stick of the previous high. There, we want to see the ADX at or above 50 and the RSI at or above 70
The low of that bearish candle stick in question is a critical point and a line should be drawn on a 1HR ,4HRS,DAIRLY,WEEKLY AND MONTHLY CHART at the low of the bearish candle stick.
Immediate Whenever this condition is met on the above timeframes, it should detect the above signals on 1MINS ,5MINS AND 15MINS time frame if any occur for trade entry.
Indicator should be able to sends notifications by email and to the mobile terminal
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