Candlestick indicator for price action

MQL4 Indicators

Job finished

Execution time 5 hours
Feedback from customer
Thanks Cai, appreciate your effort
Feedback from employee
Excellent customer, fast respon and very clear description. Thanks for your job.

Specification

I need an indicator to identify a candle pattern with the following specifications:

  • A candle that is big enough in range (configurable in pips)
  • That  candle should also bigger (more than twice big) than n number of previous candles in range (configurable) for example bigger than previous 6 candles this will be called Signal candle
  • Signal candle must encompose 50% of its range but not great than 80% of its range (candle body must be between 50%-80% of its total range) 
  • Once that candle is found, plot an arrow on the next candle if the next candle is in opposite color, if Signal candle is bearish and this candle is bullish (green arrow for BUY) and the opposite
  • Indicator should provide screen, and email alert

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Project information

Budget
40- USD
Deadline
from 1 to 5 day(s)