Simple Indicator Request - Bars+Volume | Forex Factory

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Simple Indicator Request - Bars+Volume

  • #1
  • First Post: Feb 17, 2014 4:01pm Feb 17, 2014 4:01pm
Hello traders,
I don't know how to code but I need a simple indicator:

Quote
If there 3 consecutive up or down bars who the second bar is longer than the first, the third bar is longer than the second.
The volume of the first is longer than the second and the volume of the second is longer than the third a simbol appear.

Only this. If someone cold help I will be really happy.
"In God we trust."
  • #2
  • Feb 17, 2014 9:43pm Feb 17, 2014 9:43pm
Quoting renanc93
Hello traders, I don't know how to code but I need a simple indicator: {quote} Only this. If someone cold help I will be really happy.
Seems like the indi that I attached in this thread
http://www.forexfactory.com/showthre...10#post7282510
could be adapted to what you want relatively simply.
I'd be happy to do it, but I do not have a build 509, so it would only be of use to you if you have metatrader build 600+.
Let me know.
Please Do Not PM Me With Coding Enquiries
  • #3
  • Feb 18, 2014 3:13am Feb 18, 2014 3:13am
BTW
if 3 consecutive up bars and other conditions are satisfied does this denote a buy or sell signal?
Please Do Not PM Me With Coding Enquiries
  • #4
  • Feb 18, 2014 7:02am Feb 18, 2014 7:02am
Quoting Gumrai
BTW if 3 consecutive up bars and other conditions are satisfied does this denote a buy or sell signal?
Hello Gumrai,
Thanks for your time.
The indicator of the thread is similar but is not what I want.
And yes, if the conditions are satisfied this denote a signal.
Thanks.
"In God we trust."
  • #5
  • Feb 18, 2014 9:22am Feb 18, 2014 9:22am
Quoting renanc93
{quote} Hello Gumrai, Thanks for your time. The indicator of the thread is similar but is not what I want. And yes, if the conditions are satisfied this denote a signal. Thanks.
I have adapted the other indi so that it does what you want (I think!)
As you didn't fully answer my question, I still don't know whether this is supposed to be a reversal or continuation signal, so I have coded it as a reversal.
Attached File(s)
File Type: mq4 Bars&Volume.mq4   4 KB | 289 downloads
Please Do Not PM Me With Coding Enquiries
  • #6
  • Feb 18, 2014 10:18am Feb 18, 2014 10:18am
Thaaaank you Gumrai.
Its a reversal signal as you did. And I think it's working well.
Really thank you!
"In God we trust."
  • #7
  • Last Post: Feb 18, 2014 10:28am Feb 18, 2014 10:28am
I think have only 1 error,
Some times a signal appear but the bars aren't in the right sequence, look here:
Attached Image (click to enlarge)
Click to Enlarge Name: error.png Size: 14 KB

Can you fix this please?
"In God we trust."
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