Create an indicator based on the requirements

MQL4 Indicadores

Termos de Referência

1) We want to check  whether every Currency index in either bear or bull in H4 timeframe i.e Bull if candle closes above 20 EMA and bear if candle closes below 20 EMA.This will be opposite for only JPY index.

2)We want to combine the Bear and bull currency and display them in the list.

3)If any currency pair changes its trend then it shall sent a push alert indicating it has moved from either bullish to bearish or vice versa.

4)All results are based on 4H candle closing basis.
I.e closed price.

5.At any given time we want to have display of all currency pairs which are having Bull/Bear combination.we dont want Bull/BULLor Bear/Bear combination.

6.we would like to have this display side by side in both 15 min and 4H.For 15 min we are deciding  bear and bull based on 50/200 EMA.

I.e if Indicator dipalys list of currency pairs based on 4H then along side it shall shows how same are placed in 15min as well based on 50/200 ema.

7.This is similar to using Multitime frame analysis.Trade in direction of higher timeframe trend.

whenever Both 4H and 15 min will become green-Trade we shall get push notification.
 
And when same will become red again we shall get notification so to exit trade if any trade is open.

We want notification when both4H&15min are trending in same direction and when trending in  opposite direction.

The display shall only contain higher timeframe 4H combination of bull and bear.Others not required.

i.e shortlisting based on 4H and then 15 min for analysis or entry.    Above are my requirements. Please check and provide your Quote and time line

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