Modify existing Indicator and add some features

Specifiche

I would like some assistance modifying an indicator as I am not experienced enough to make these changes myself.


The indicator is relatively simple high/low breakout indicator that I need to add additional logic to. Source code will be provided.




Current Features


The indicator provided scans swing highs and lows and based on certain conditions draws a green or red line showing a break high or low. 

Dots are drawn to mark key highs and lows as they form. 

If price breaks a low dot, a buy signal is generated and if price breaks a high dot a sell signal is generated. 


Requirements


What I need to be added is as follows:  


Half Trend Filter ==> High/Low Break Signal ==> High/Low Breakout Arrow


- Trend filtering. I want to add the half trend buy sell indicator to this indicator so when the half trend is bullish only scan for buy signals and when it is bearish only scan for sell signals. Note the filtering should be based on the buffer color of the half trend, regardless of whether price itself is above or below the half trend value. The amplitude/period of the half trend should be an input variable.





Buy Signal

- Once buy signal is generated after a green low dot, mark the most recent red high dot with a horizontal trend line extending to the future by a few candles

- When price breaks and closes above this horizontal trend line draw a buy arrow.




Sell Signal


- Once sell signal is generated after a red high dot, mark the most recent green low dot with a horizontal trend line extending to the future by a few candles

- When price breaks and closes below this horizontal trend line draw a sell arrow.




- If half trend changes from bearish to bullish or vice versa before step 3 takes place, invalidate the signal.


Inputs


- Depth (Already added to indicator)

-Half Trend Period/Amplitude

-Alerts for High Low Breakout

-Alerts for Arrow Entry Signal


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Informazioni sul progetto

Budget
35+ USD

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