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Engulfing Candle Indicator calculated from candle open and close.

MQL4 Indicators Forex

Job finished

Execution time 2 hours
Feedback from employee
Excellent communication and rapid decision ! A real pleasure to work for her !
Feedback from customer
Absolute gem! So lucky I got to work with Noel :) Follow up questions were met with patience and perseverance and I now have an indicator that's perfect! A***** Thank you!

Specification

Hello,

I am looking for (if it's possible) an indicator that will create an audible alert with arrows/shapes when an engulfing candle appears. I've found similar Indicators online but the problem I'm having is when there is a gap between the close of a candle and the opening of the next. Even if it's the smallest gap, the indicators won't count it as an engulfing candle.

SO, I'm looking for someone who is confident they can create an indicator that will fix this issue, perhaps somehow using the close and open of candles plus the pip size of each candle to calculate when the conditions for an engulfing candle are met? (I'll leave the technical thinking up to someone who knows what they're doing and what is possible).

It would be great if I could alter the alert option. (Turn on and off, and change sound file).

Also, an option to highlight bearish or engulfing candles would be ideal, with options to turn both on and off.

Thank you in advance to all who reply, I look forward to working with one of you :)


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