Job finished
Execution time 1 day
Alert indicator - watch multiple time frames on 1 pair
Checks for current candle to take out high or Low of previous candle and close higher/lower than the previous candle.
Example 1 . Current candle takes out the high of the previous candle and then closes below the low.
Example 2 . Current candle takes out the low of the previous candle and then closes above the high.
WHEN we have a upward close formation we put a green box around the formation.
When we have a downward close formation we put a red box around the formation.
If i'm on a 5 min time frame on XAUUSD and change to 15 min TF it should redraw the formations relevant to that time frame.
- We also need to mark out retests of these zones.
When price first retests the upward formations we place a green dot above that candle and alert of a retest of that structure. When price retest a downward closing formation we place a re dot below the candle that retested the structure.
EA/INDY will have option to enable/disable alerts.
Alerts on/off for the following TF
Daily
4 hr
1 hour
30 min
15 min
5 min
1 min
Alert example
XAUUSD 1 HR Bullish Raid Retest (price)
XAUUSD 15 min Bearish Raid (Price)
Max lookback settings for indicator calculations in Days - Default 30 days.
Zone Drawer Enable /Disable.
If enabled Draw rectangle box forward in time x days for Daily formations and have a unique colour setting.
do the same for 4 hr formations casting forward for 20 days.
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