I need custom indicator Zigzag based breakouts.

MQL4 インディケータ

指定

Hello 

 

This is sreanivaas form india.

 

I need customer indicator based on zigzag breakouts.

Used indicators:

Weekly daily support and resistance indicator

ZZ  89 or 55 Levels semafor indicator

Box breakout or rectangle at the top or bottom  When the ZZ 89 level semafor indicate signal

 

Buying rule:---

 1.After long activation falling or raising market ,ZZ  89 level period indicator indicate reversal.  

 2.when the zz 89(swing) level period indicate reversal  candle  it should be Mother bar.(it may be repaint).But price box breakout is heppends we consider the buy call.

 3 .We construct the  box based mother bar previous bar and next bars high low values

4 .when the market price break out this value box above we going to long trade

 5.stop loss is below support levels.

6.Revesal patterns also should be identify (eg:bullish engulfing ,bearish engulfing)

7.when happens engulfing there is the no need to three bar box breakout. And will give the the buy yarrow.

8.Other conditions we going to depend on three bars box breakout, market price trade above the box value then buy yarrow will appear.

 Sell conditions:---------

Same on above

 

 

 Conditions

Three bars breakout or bullish bearish engulfing  identify after given zz 89 high low level indication

Support and resistance rule must be follow.

If break the market price Key support and Key resistance  this indicator  buy call or sell call accordingly

Supports and resistances .

thaking You

Sreanivaas

+919603888374 

 

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