MARKET STRUCTURE FUNCTION

Specification

I just need a fully functional market structure function that is not an indicator, but could instead be used as part of an EA code.  


The main steps for this market structure function are as follows :

1. A function that will detect higher time frame (1HR, 4HR and D1) bullish and bearish reversal signals (engulfing/variation/tweezer patterns).

2. A function that will be able to determine if the extremum of those reversal signals (the highest or lowest point of the candlesticks involved in that reversal signal) are actually pivot points/structure points (by figuring out if these extremum points are also the highest or lowest points over a range of bars).

3. A function that will classify each of those individual pivot points/structure points as either a High, Higher High, Higher Low, Low, Lower High, or Lower Low [possibly by comparing the price levels and types (bullish or bearish) of consecutive pivot points/structure points] and store this information so that it could later be used to determine the market condition.

4. A function that will plot a star symbol at the extremum of each of pivot point (instead of HH, HL, H, L, LH, LL).

5. A function that will detect any pattern created by the structure points (High, Higher High, etc.) and classify the market condition as "bullish" "bearish" or "ranging" according to the price action principles and concept of break of structure (I can define exactly the structure point patterns and which market condition the pattern indicates).

6. A master function that will call all of these aforementioned functions.


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Project information

Budget
150 - 300 USD
For the developer
135 - 270 USD
Deadline
from 5 to 30 day(s)