I want to modify, in my personnal
indicator, the conditions of creation of alert, and only those condition.
- By totally eliminating the condition
related to the Rsi (at the intersection of 2 Rsi)
- By keeping the condition of the
appearance of an alert on the critical volume
- And by adding a new alert condition,
using a geometric figure created on the Rsi.
To create an alert, this
indicator will use the following indicators
- The Rsi indicator
- And the Critical Volume indicator
An alert should be triggered when
matching the following elements
1) Appearance of an alert to the
critical volume
2) Formation of a geometric figure from
the Rsi
Rsi Geometric Figures
These figures will be created from 4
points (A / B / C / D), which will be the last 4 Rsi levels created.
There will be levels called "bulls
levels” or “bears levels", for A and D, that must be able to be modified
in the indicator
The names of the alerts will be as
follows:
"Normal Bullish Alert", and "Normal Bearish
Alert"
"Divergent Bullish Alert", and "Divergent
Bearish Alert"
The letters will represent the
following:
Point A >> Last level Rsi creates
(1st)
Point B >> Before last level Rsi
creates (2nd)
Point C >> Before before last
level Rsi creates (3rd)
Point D >> Before before before
last level Rsi creates (4th)
There will be 2 Normal alert formulas:
Normal Bullish Alert Formula >>
A> C> B> D, with D < bulls levels
Normal
Bearish Alert Formula >> A <C <B <D, with D> Bears levels
There will be 2 Divergent alert
formulas:
These 2 alerts will resume the
parameters of the bullish alert XXL and the bearish alert XXL.
The following condition must be added
- For a bullish alert
The value of the price of point B must
be lower than the value of the price of points C and D
- For a bearish alert
The Value of the price of point B must be greater than the
value of the price of points C and D
There will have to be alerts:
- On the metatrader alert table
- On the chart (an up or down arrow)
- And an audible alert
There should also be a history of alerts
created
Secondly, I would like another indicator.
I want an alert indicator, when price touch the trendlines. They are picture below to show what I would like
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