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The price charts below show on them a custom indicator called "FPS Price Reversal Band",- which consists an Upper band, Middle Band and Lower band.
Each manually drawn Horizontal line( thick, thin or dotted) shows the Current Level position of the White Middle Line of the "FPS Price Reversal band" of a particular Time Frame( M1,M5....H1...to MN).
JOB SPECIFICATION
(1) To automatically have Nine(9) horizontal lines across the Chart that are Visible Simultaneously on EVERY Time Frame ( from M1,M5...to MN on MT4 platfoam)
Note: each line colour,style, thickness should be changeable from a drop down dialog box.
(2) Each of the horizontal line, stated above, follows/moves up or down showing the exert real time current value of the White Middle Line of the FPS reversal band for One particular Time Frame.
Note: All horizontal lines show the current values of each time frame FPS reversal band's Middle line they represent( for M1,M5,...MN), MUST be Visible on Every TF together.
e.g. If I open M15 chart for a forex pair, I should see the real time positions of all Middle Lines of all FPS reversal band for all the time frames ( indicated by the various respective horizontal lines)
Dialog box for Alert control
1) Choose sequence i want the horizontal lines to be arranged ( Descending or ascending order) for an alert to pop up and sound,- whenever the arrangement is achieved
2) Manually pick, choose and arrange some or all the TF's in the sequence they should appear( ascending/descending) for the alert to come up.
Explanation of Dialog Alert (2) eg
M1 (Dropbox to pick from) All Boxes will have all the TF's to choose ONE TF or say IGNORE ( to omit that box. | ||||
---|---|---|---|---|
M30 | ||||
M15 | ||||
M5 | ||||
H1 | ||||
H4 | ||||
Weekly | ||||
IGNORE | ||||
Ignore |
So for example, if for sequence i choose Descending and then pick the above arrangement ,;- The Alert will Sound and pop-up when the indicator (from top- down) are alligned this way: M1,M30,M15,M5,H1,H4 Weekly ( NB: Any box ignored at anytime should not be reckoned with or considered by the system)
The TF's can be arranged any how i deem fit to trigger an alert.
Additional feature to the indicator:-