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Add Code To Mt4 Indicator

June 20th, 2009 Comments off

The required indicator is based on AlphaTrend & EMA 12,26 (both attached) which filter each other.

See the attached zip files containing all the pictures.
Description for the pictures in ‘Finished Product’ file (i.e. how the indicator should trade) is given below:

- BUY SIGNAL – When a BLUE ARROW appears first, supported by BLUE BARS or when a BLUE BAR appears first, supported by a BLUE ARROW
- SELL SIGNAL – When a RED ARROW appears first, supported by RED BARS or when a RED BAR appears first, supported by a RED ARROW

All others should be ignored as false signals. They are marked with the ‘x’ sign while the red vertical lines are the correct signals for BUY/SELL.

Now, I’ve coded the first condition whereby if the AlphaTrend changes color first before the EMA Arrow appears after, the required indicator will show a new arrow. The picture file named ‘Half-done Product’ shows what was achieved and the 2nd condition to be added.

I also attached the half-done indicator so all that’s needed is to add this 2nd condition:
If the EMA Signal Arrow appears first and the AlphaTrend changes color to match the EMA afterwards, the new indicator should also appear to show there’s an agreement. The 2 conditions apply to buy & sell and only alert when a candle closes.

I need your best quote please. If we can arrive at the right price with complete job satisfaction, we’ll go for 2 EA projects.
Duration requested: 24-48 hours max.

Bear