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Specifiche
Platform: MT4
Theme: Signal Indicator for Buy & Sell
Indicator name: CCI DeM Stoch EMA
Requirements: Pop-up window with Buy / Sell Signal & the signal symbol on the chart (Arrow / text)
Signal is formed upon all requirements are met & jumped to the next candle. Signal must not re-paint
Only should show the Buy & Sell signals on the chart, no template required to load.
Indicator Base: Based on MT4 existing Indicators “CCI, DeMarker, Stochastic & Moving Average(Exponential6)”
Buy Signal rules:
Rule1: Stochastic going below 20 & cross pointing up with a closed bar. Signal invalid if touches or goes above 80
Rule2: CCI going below -100 & pointing up with a closed bar. Signal invalid if touches 100 or goes above
Rule3: DeMarker going below 0.3 & pointing up with a closed bar. Signal invalid if touches 0.7 or goes above
Rule4: EMA 6 (Moving Average – Exponential 6) – EMA curve is pointing up based on previously closed bar
Rule5: All above rules should be aligned at once to give the signal
Sell Signal rules:
Opposite to the above rules
Time Frames: All
Default Time frame: Based on the current chart
Signal Colors: Buy Signal – Dodge Blue (Text or Arrow)
Sell Signal – Red (Text or arrow)
Arrows should be close to the candles
When the indicator is loaded, it should load all the parameters of all the indicators, and add the signal arrow size & color
Note: I may add one more indicator for the rules or remove one, coder should be flexible for the modifications