Custom Indicator Required (I have coded most of it)

MQL4 Indicators

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Specification

I am looking to modify some of the functions in an indicator that I have already created. 


The indicator is very simple, it looks for regular RSI divergence when price is above or below a Bollinger band. When these conditions are true, it will provide a signal. I have the indicator drawing objects on the indicator and the price to identify where there is divergence. However, the divergence calculation is wrong so I have a specification for the exact criteria that I would like to have coded.

I can provide the source code for my current work.

I have a full specification and I have screenshot examples to provide to the developer.

I am a developer myself, but would like a more experienced developer to help me complete this project.

I am happy to chat about specifics if necessary.


Quick Guidance for the Logic


(BULLISH SIGNAL)

·        LL on price

·        HL on Oscillator

·        Both Lows below BB

·        At least three candles in between the two Lows

·        Price went above the high of Low1 before forming Low2

·        Each low must be the lowest in seven (three either side)

·        Low2 becomes the new Low1 when a new valid low is found

·        Low1 found by being below BB && lowest low of three candles either side of it


(BEARISH SIGNAL)

·        HH on price

·        LH on Oscillator

·        Both highs above BB

·        At least three candles in between the two highs

·        Price went below the low of High1 before forming High2

·        Each High must be the Highest in seven (three either side)

·        High2 becomes the new High1 when a new valid High is found

·        High1 found by being above BB && highest high of three candles either side of it



Files:

TXT
BBRSI.txt
1.7 Kb

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Project information

Budget
50 - 100 USD
For the developer
45 - 90 USD
Deadline
to 1 day(s)