I need an indicator for filtering with another indicators
I have a predefined signals for an uptrend and the opposite for a downtrend
The indicator displays an arrow above /below a candle
when price will go up/down. if the price goes in the opposite direction the indicator goes to the next stage of the custom signal.
PROGRAM FLOW
1. Start indicator (Vertical line ,IF Reference candle is BULL hence UPTREND)
2. Display Bull signal on each and every candle until we have 4 consecutive loss (Bear Candle)
3. Once we have 4 straight bear candle in an uptrend, we begin to alternate the signal from Bear to BuLL and BUll to Bear untill we get a WIN!
4. ONCE we WIN, the WIN Candle becomes our new Reference Candle ( if the win is a Bull candle then we are still in an UPTREND so we start the uptrend
sequence .... IF the WIN ! is a BEAR then the trend has changed to downtrend we start the downtrend custom signal
![INDICATOR FLOW DIAGRAM INDICATOR FLOW DIAGRAM](https://c.mql5.com/21/189/4FA_flow__1.png)
Yanıtlandı
Arabuluculuk
31
39%
/
29%
Arabuluculuk
24
29%
/
46%
Arabuluculuk
14
36%
/
29%
Arabuluculuk
17
29%
/
47%
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