I have a mt5 EA that I need converted into an indicator. Same strategy as Ea
Strategy is as follows
Trades/alerts/signals should only be sent/made when timeframe sequences are in agreement(either going up or going down)
The timeframe sequences use 2 indicators, stochastic and EMA. Both have to be in agreement with each other on every timeframe that the sequence is using to make/signal alert or trade
For the stochastic to signal a buy, the signal line has to be on the bottom of the main line, to signal sell, the signal line must be on top of the main line
For the Ema or Ma to signal a buy, the candle/price has to be above the EMA/MA line, to signal sell, it has to be under the EMA/MA line
Each stochastic indicator in a sequence should have in/between and nothing setting. Which means if the setting is set to in/between that means that the signal and main line must be in between the 80 and 20 on the stoch indicator, and if its set to nothing, that means that the signal line and main line only has to be going up or down, and in agreement with the other tf stochastic indicators
There should be pivot, resistance, support line input as well. there should be 2 inputs that allow trades/alerts/signals only when the price is certain amount of pips away from from pivot, resistance, support lines, and another input for certain amount of pips past the pivot/resistance/support line
minimum distance from pivot lines/resistance/support
minimum distance after pivot lines/resistance/support
There should also be a trading/alert/signal start and stop time input, that allows me to set the time that the indicator /alerts/signals