Trapped Traders indicator

MQL4 Scripts

Specification


 

 Hi all,

 

I am looking for an indicator that can identify super pivots , engulfing candles,  hammers and shooting stars on the D1 chart.

At the open of the next day i.e 00:01, an alert will be given off.

This alert can be sent to email as well , it can  be done from tools-options-email function.

 

 Specifications

-Alert will be triggered on close of previous day candle i.e start of the next day.

An alert can be sent ONCE each time the chart is open , but it should NOT be repeated throughout the day when the chart is opened.

Please see parameters below for more details.

-For the case of Friday’s d1 candle close, allow alert to be sent on either Saturday or the next Monday.

-Signals to be triggered in only d1 chart. 

-Definition of Super Pivot as seen in attached charts.

-Definition of shooting star/ hammer as seen in attached charts.

Criteria 1:  Shadow is 2/3 of length of candlestick

Criteria 2:  Extension of 35% from length of previous day’s candle.  

 

 

 

Attached will be the definitions of:

 

1) Super Pivot  - both bullish and bearish

 super pivot ullish

 

 earish

 

 How Super Pivots signal and alert should be seen on the chart:

 super pivot motificaitom

 

 

 

2)Definitions of Hammer/ Shooting star :

defimitiom

 

 

 

 

 

 How hammer signal and alert will look like on chart:

 hammer

 

 

 Shooting star alert n signal :

 shootimg star

 

 3) Definitions of  engulfing d1 candles:

 bulllish engulfing

bullish engulfing 

 bearish engulfing d1 candles:

bearish engulfing day candle 

 

 

 Parameters required:

 Parameters

1.Allows option of alert to sent at 00:00 ( open of new day)  and/or 08:00 ( before open of London market)

2.Allows alert for up to [X] days. With this function it will be able to see past candlesticks that will trigger off alerts– this is to allow for backtesting

3. Allows notification to be [on/off]

4Criteria 1Length of shadow = 67%

5.  Criteria 2:  (extension of 35%) = [on/off]

 

How it may look like on chart: 

 

 para

 

 

 

 Regards, 

Chartist77 

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