Inside the Body

MQL4 Indicatori

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Specifiche

I would like to build an indicator based on the price action. 
1. The requirements for the signal Candle A. 
a. Minimum Highest High and Lowest Low 100 points (10 pips) (Option to change the value in variables)
b. Minimum Body = Open price and Close Price 55%  (Option to change the value in variables)
2. The requirements for the signal Candle B. 
a. Maximum size of the candle B (Highest High and Lowest Low) MUST be smaller than candle A by 10% (Option to change the value in variables) example – If the candle A is 150 points, candle B must be maximum     150-10% (15) = 135 points max         TRUE FALSE option
b. Minimum Body = Open price and Close Price 25%   (Option to change the value in variables) example if Candle B (Highest High and Lowest Low) is 120 points and the body (Open Price and Close Price) is 30 points, the minimum requirement is meet – 30 points. 120 *25% = 30 points 
c. The Candle B MUST close the price INSIDE the Body of the Candle A between 50% and 70% 
If the candle B will close below 50% or above 75% the candle B is not good for a signal. 
3. When both requirements for these 2 candles are meet, the Indicator should place an arrow immediately in the same direction of the candle B. 
a. When the candle A is bullish and the candle B is bearish, the signal should be SELL – Arrow 
b. When the candle A is bearish and the candle B is bullish, the signal should be BUY – Arrow   
4. Default time frame 15 minutes, should work on all TF
5. Alerts – Push Notification – Windows Alert,  TRUE FALSE options
6. Arrow BUY – in the variables – GREEN, option to choose color 

Arrow SELL – in variables – RED, option to choose color.

7. Arrow should be placed on the level of the Open Price of the Candle B. 

8. Source Code in English only. 

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