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I Need MT5 Fractal Candle Pair Indicator to be Developed and If Successful to be developed in MT5 EA Trading Robot in the Future
My Project MT5 Indicator Requirements
1. MT5 Indicator Name = Fractal Pair Indicator
2. It Will Identify Buy and Sell Fractal Pair Candles and Put Arrow/Dot Below If there is a Buy Fractal Pair Signal and Put Arrow/Dot Above If there is a Sell Fractal Pair Signal – Arrow/Dot Color Customizable
3. It Will Highlight the Buy and Sell Fractal Pair Candles If There is a Signal – Color is Customizable ( Example: Blue For Buy Signal, Red For Sell Signal)
4. It Will Alert Via Regular Notification and Mobile Alert When There is A Buy and Sell Signal – With Message Such As ( “Fractal Buy EU H1/ RSI Value” , Fractal Sell EU M15 / RSI Value” )
5. Chart Information on the Chart Customizable Color / Font / Size And Location ( 3 Most Common Font )
PAIR/TIMEFRAME = Sample (EURUSD H1)
Spread = Sample (1 Pip)
Moving Average Filter = Buy/ Sell ( Buy if Fractal Pair is Above MA/ Sell if Fractal Pair is Below MA)
RSI Value Current Time Frame = Sample (0 to 90)
RSI Buy/Sell = RSI Sell ( RSI is 80 to 90 )
RSI Buy ( RSI is 10 to 20 )
6. With Moving Average and Customizable Settings
This will Filter the Signal and add to Buffer for Buy and Sell Signal
Fractal Candle Pair ABOVE Moving Average is BUY, Fractal Candle Pair BELOW Moving Average is SELL
Moving Average Settings
MA - On/OFF - If OFF will Display Both Buy and Sell Signal
MA Method - Simple Moving Average/ Exponential Moving Average
MA Apply to - Close / Open / High / Low / Median Price (HL/2)
MA Period – 14 - Default 1 (Changeable)
MA Shift - Default Zero (Changeable)
7. RSI Settings – for display on Info as RSI Value = Sample RSI 90/ RSI 10
RSI Period = 14 (Default) Changeable
RSI Apply to Close Only
8. IMPORTANT. It Will Put The Signal into Buffer as Buy And Sell For EA Future Use
Buy Buffer = Bullish Fractal Pair Plus Above Moving Average
Sell Buffer = Bearish Fractal Pair Plus Below Moving Average
9. Time Period = will check for Fractal Pairs during specified hours
Start Time = 01:00
End Time = 23:00
10. Number of Bars to Check for Fractal Pairs = Example: 300 Bars
11. IMPORTANT – Will Provide Source Code For Future Upgrades and Development
12. IMPORTANT CODER MUST BE Communicating Regularly with the Client For Updates/ Issues / Concerns
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ILLUSTRATIONS/ PICTURES FOR REFERENCE
Fractal Candle Pair Buy Picture
Bullish Fractal pair .. previous candle is bearish.. current candle is bullish but the wick of the current candle is lower than the previous bearish candle... It Will Put a BUY Signal Arrow/Dot BELOW the current candle and put that in a buffer for BUY Signal
Fractal Candle Pair Sell Picture
Bearish Fractal Pair.. Previous candle is Bullish.. Current candle is Bearish and the wick of the current candle is above the previous bearish candle... It Will Put a SELL Signal Arrow/Dot ABOVE the current candle and put that in a buffer for SELL Signal
Fractal Candle Pairs Sample Pictures For Reference
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