INDICATOR BASED ON LINES AND 2 INDICATORS (B- system)

Работа завершена

Время выполнения 60 дней
Отзыв от исполнителя
Excellent customer! The customer is a pleasant person to communicate with. Interesting work. Clearly and distinctly set tasks. I will be glad to work with the customer again.
Отзыв от заказчика
Evgeni is very responsible and a hard working coder. He did everything exactly as I asked. Communication is also at a very high level - very polite. I recommend him as I continue to work with him.

Техническое задание

The applicant should be well versed in using lines, mathematical coding, different conditions, and multiple indicators. 


INDICATOR BASED ON LINES AND 2 INDICATORS (B- system)

 

This indicator (B-system) is one of the many ways of creating diagonal lines, and they are not classic trend lines. The lines help to confirm Entries or Exits of a trades.

 

The indicator uses two existing indicators: 

1st -  Fractals - adjustable period extended 2 .mq4 - 

2nd - the classic Average True Range (ATR) indicator (build in MT4)


 The 1st indicator creates ordinary trend lines, but these lines are not used in this job, only the fractals.

(The trend lines of the original indicator can be display.). The indicator is in the attachment.


         1. CREATION OF LINES


  1st POINT OF THE LINE

The so-called Fractals are the first points of the lines, where the indicator for finding fractals is used. The first line point is the price value, for example, the Low price of Low fractal and or High price of a High fractal.

  2nd POINT OF THE LINE


The 1st point - Fractal is "connected" by a line with each newly created High or Low " of the (last current) candle.

These prices are the second forming point of the lines.

High fractal connects to Low prices, and Low fractal connects to High prices.

CONDITIONS:

1.) The Low fractal connects with the following High prices higher than the Low price of this fractal.

2.) The High fractal connects with the following Low prices lower than the High price of this fractal.


However, only the line that creates one of the possible interactions (patterns) with the current price on the current

 forming candle - is "displayed" in real-time.


 THE NUMBER OF THE NEXT CANDLES FOR PATTERN SEARCH PER ONE FRACTAL

The number of candles that follow a Fractal for searching patterns is set to 17 (it will change according to the algorithm in one of the next jobs). Patterns are then formed "only on the ONE following candle," i.e., after the candle whose H, L was used to create a line. (The exception is the Extended line.)


THE LENGTH OF THE LINE TO DISPLAY THAT CREATED A PATTERN

If it is not a case of the Extended line, the line is displayed only 1 candle (to the future) after creating a pattern.


Picture 1 The place where a pattern can occur after the line is created.


  THE EXTENDED LINE

The extended - interactive line is a line that "after the formation of a pattern" continues to pass through the High - Low spread of the following candles. New patterns may still appear on it, and the line will end if it gets outside the H-L range of the next candle.


 ATR - Average True Range indicator is used as the second indicator to determine the distance from a line approximation,... The number of candles for counting is 5 "previous," so the current - just forming candle is not used for the calculation.


The following patterns can be used as a template, as they are part of other systems.


     2. PSEUDO ALGORITHM FOR THE CREATION OF PATTERNS


Explanation of terms used:

 ALINE - Ascendent line

 DLINE - Descendent line 

  “Close price” in the following pattern conditions does not mean ending Close price of a day in case we use daily chart. Close price is price for “Now” and it is the same as real time prices. So this Close price is continuous moving price through all day. (In case there will be used final Entry rules for trading patterns we must use realtime data (tick) for trading or let say 1 minute data for back test.)  There is were small chance that a pattern will form on N-candle same time when new Open of next candle will occur.

  “N-Candle” is meant for an actual candle that is now forming. It means that "patterns take place in the time between Open and Close of the candle" where a pattern is formed (or even more patterns and trades on one candle). The price  High, Low, and Close prices of the N-candle in the following section do not mean prices from daily historical data (but could be too). It means prices that naturally change from "the 1st minute of the trading day - where Open, High, Low and Close could be the same value". Therefore, the algorithm can find the same pattern many times per day from the 1st minute, as the prices on the daily chart will change (High can rise, Low can fall and Close change anywhere between them). 


 The system uses 2 types of patterns :

A) False break-out of line,

C) Bounce from the line + the Approach a line (price "gets close" to a line).


     3. PATTERNS FOR LOW FRACTAL AND ALINE (Ascending line)


 These conditions must be met before creating patterns:

 1. (the LOW price of Low Fractal < High N- candles) a

 2. (OPEN price N-Candle < ALINE)

 

  A - PATTERN, FALSE BREAK-OUT of ALINE

1. (OPEN N-candle < ALINE), THEN 

2. (CLOSE > ALINE), THEN 

3. CLOSE GETS 0.1 ATR (5) < ALINE


C - PATTERN, APPROACH & BOUNCE OF ALINE

1. (OPEN N-candle < ALINE), THEN

2. (CLOSE GETS 0.1 ATR (5) ≥ ALINE), THEN

3. (CLOSE GETS 0.1 ATR (5) > HIGH


     4. PATTERNS FOR HIGH FRACTAL AND DLINE (Descending line)


These conditions must be met before creating patterns:

 1. (HIGH price of High Fractal > LOW price of N-candle) a

 2. (OPEN price N-candle > DLINE)

     

    A - PATTERN, FALSE BREAK-OUT OF DELINE

 1. (OPEN N-candle > DLINE), THEN

 2. (CLOSE < DLINE), THEN

 3. (CLOSEGETS 0.1 ATR (5) > DLINE


    C - PATTERN, APPROACH & BOUNCE OF DELINE

 1. (OPEN N-candle > DLINE), THEN 

 2. (CLOSE GETS 0.1 ATR (5) ≤ DLINE, THEN

 3. (CLOSE GETS 0.1 ATR (5) > LOW

  

    If a pattern appears on the chart,  letter indicating the pattern - A or C - is pasted above or below the N-candle.

    Picture number 2 shows the gradual creation of patterns even with previously unused lines. Here the fractal created 4 patterns on 3 lines, and the last pattern is created on the Extended line. 

     

    The end of job order.

 

 As a next step. (I would like to use an algorithm for automatically setting the "amount of used Fractals", precisely according to the number of Fractals per N-candle.)


If the applicant understands all parts, I will be happy to answer any questions, especially if you send the price range for the work along with the questions.



Откликнулись

1
Разработчик 1
Оценка
(4)
Проекты
4
0%
Арбитраж
0
Просрочено
2
50%
Работает
2
Разработчик 2
Оценка
(40)
Проекты
55
35%
Арбитраж
2
0% / 50%
Просрочено
0
Свободен
3
Разработчик 3
Оценка
(64)
Проекты
68
25%
Арбитраж
12
42% / 42%
Просрочено
4
6%
Свободен
4
Разработчик 4
Оценка
(316)
Проекты
480
66%
Арбитраж
5
40% / 0%
Просрочено
4
1%
Свободен
Опубликовал: 8 примеров
5
Разработчик 5
Оценка
(59)
Проекты
70
53%
Арбитраж
2
0% / 50%
Просрочено
1
1%
Работает
Опубликовал: 3 примера
6
Разработчик 6
Оценка
(426)
Проекты
452
69%
Арбитраж
6
50% / 0%
Просрочено
2
0%
Загружен
7
Разработчик 7
Оценка
(10)
Проекты
10
0%
Арбитраж
4
0% / 100%
Просрочено
2
20%
Свободен
8
Разработчик 8
Оценка
(564)
Проекты
933
47%
Арбитраж
302
59% / 25%
Просрочено
125
13%
Работает
Похожие заказы
i need an expert to converting trading view script called Renko chart into meta trader5 EA automated robot, i need an expert that can get it done in 5 days here is the link to the code /
EMA CROSS EA 40+ USD
Create an mql4 EA with the indicator and conditions stated below: Strategy: WHEN A BUY ARROW APPEARS BUY TRADE IS OPENED WHEN A SELL ARROW APPEARS SELL TRADE IS OPENED. EA WILL HAVE TAKE PROFIT IN POINTS THE STOPLOSS OF A BUY TRADE SHOULD BE X PIPS FROM THE LOW OF THE SIGNAL CANDLE. IF X = 0, THE STOPLOSS SHOULD BE AT THE LOW OF THE SIGNAL CANDLE. THE STOPLOSS OF A SELL TRADE SHOULD BE AT X PIPS FROM THE HIGH OF THE
I have a pine script from tradeview and I'd like you to convert it in js ECMAScript (ES6) so as to use in the trendspider, Please find a link to check which one is it. https://charts.trendspider.com/scripting/docs/#/scripting_language if you are an expert and you can do this work bid
All entry/exit conditions, signal filtering, EMA, ADX, and ATR calculations, as well as confirmation candles, must be implemented without any changes . Signals must appear exactly the same as they do in TradingView: On the same candles , in the same direction . Optimized for detecting spikes/drops in Boom and Crash indices on the M1 timeframe . User-friendly interface: Ability to configure the following parameters
Hello, I need an expert coder who can help me convert my tradingview pine script to mt5 EA expert advisor, This is the pine script https://ctxt.io/2/AAB4SyWXFQ&nbsp;Also I need for EA to enter trades exactly like this strategy on TradingView, i attach, please i need someone wo can do the work not time waster, Live market order should be placed on green and red indicator chart
Hello All, I need a developer who can help me to modify my existing expert advisor with below requirements : 1. I have already a mql4 file and I want to modified it with some new certain filters or conditions 2. I will add more filters conditions which I will tell you later for the selected developer. 3. Once it’s done so you must share the modified mql4 to me and I will do back test many times to make sure whether
I’m looking for a custom indicator that can scan for ICT Smart Money "Breaker Structures" and alert me when they form. What I Need: The indicator should analyze markets (Oil/Gold/ but mostly Crypto (BTC)) for Breaker Structures—where price breaks a swing high/low but gets rejected, signaling a potential reversal. I primarily use TradingView, so I'd appreciate it if the script is compatible with TradingView and can
Existing MQL5 EA uses MA and Smoothed Heiken Ashi for entry conditions. Architectural design is as follows: 1. Modified smoothed HA indicator to write/update global variable to indicate direction change which is picked up by the EA. 2. 21 period LWMA used to confirm trend direction for entry. After reading articles on MQL5 (see especially "Neural Networks for Algorithmic Trading" by Dmitriy Gizlyk ) I have included
Fast 1 30 - 150 USD
Job Title: MT5 Expert Advisor for ICT Strategy with Fair Value Gap and Risk Management Job Description: I’m looking for a skilled MQL5 developer to create an MT5 Expert Advisor (EA) based on an ICT-style strategy that trades XAUUSD using multi-timeframe market structure and Fair Value Gap detection. Key features: 4H market direction using BOS/CHOCH 2H/1H detection of FVGs (gap between candle 1’s high and candle 3’s
Hi programmer, create me the best ever trading robot that works on all brokers and platforms MT4 & MT5 works on all timeframes, must be able to open lot size of 0.01 to 5.00 trading forex, currency pairs,indices,crypto currencies also precious metals.The bot should be able to open 500 positions just in 10minutes 99.9% accurate buy and sell 100% automated hands free, trading robot auto TP & SL should able to trade

Информация о проекте

Бюджет
150 - 250 USD
Исполнителю
135 - 225 USD
Сроки выполнения
от 3 до 12 дн.