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Rules
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Specification
(Falo em português também)
The indicator calculates the size of each candle wick, if the size in pips is greater than the value based on the ATR, the indicator draws a support / resistance line in the mid of the Wick signal
Execution sequence
1- The indicator calculates the size of the wick in candlesticks, above and below
2- according to the mode (low mid high) the size of the wick is compared with the value of the ATR 33 periods. :
Signals frequency:
High: above the value of the ATR 33 periods
Mid: above the value of atr33 * 1.5
Low: above atr33 * 2
3- if the value of the wick is higher, the indicator draw the line at mid of the wick signal
For example, wick with size of 163 pips in timeframe 5 minutes and indicator in "mid" mode, with ATR 33 being 100 pips in this case the value of the wick is greater than 1.5 times the ATR and therefore there is the sign after 17 candles
It should start 17 candles after the candle signal, and extend for 200 periods or a value set by the userA new signal does not cancel the previous signal
if the atr33 indicator has non-integer numbers, disregard the zeros and points by turning them into integer numbers such as:
0.001455 = 1455
0.00010 = 10
1,458 = 1458
345.22 = 34522
The intention of linking the size of the wick and the entire value of the ATR (33) is that the indicator is adaptable to any timeframe or assets
The parameters that I want to be changed:
* Signals frequency - low, mid or High
* Signal extension periods - 300 (default)
* Sound for the signal - on or off
* Color and thickness of the lines
If it is not too difficult, at the beginning of the line drawn on the graph there should be any image, a star, an arrow, any highlight sign that is easy for you to insert
Conditions:
• The additional use of the code in other developments is prohibited by the developer
• Distribution rights to third parties paid or free bases are this dealer Robson Maradona.
• All exclusive rights of the ordered software belong Customer Robson Maradona
• The developer may use the software developed for its own operations.
• A file with the code base should be referred to this client.
• The developer should provide support if there is a problem with the publication of the indicator in the market of the Mql5 website.