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Reversal Candle Concept

  • #61
  • Oct 19, 2020 4:04am Oct 19, 2020 4:04am
Quoting rpasupathy
{quote} Dear Sir, Can this be coded from the same Indicator which you coded before using 5 EMA open and 5 Linear weighted close. Candle 1 : 5 Linear value at candle close was : 1.65302 ( see the data window ) Candle 2 : 5 Linear value at candle close was : 1.65302. So for both the candles the 5 Linear weighted closes value was SAME. Only the 5 EMA open value changed. So I need a pop up alert with buy/sell arrow at the Candle 2 close when the values are same with past data. Same applies to 5 EMA open when the values are same for 2 consecutive candles...
Try this one.

conditions are:

EMA5_OPEN = NormalizeDouble(iMA(_Symbol,0,5,0,MODE_EMA,PRICE_OPEN,x),Digits);
EMA5_OPEN_Prev = NormalizeDouble(iMA(_Symbol,0,5,0,MODE_EMA,PRICE_OPEN,x+1),Digits);

LWMA5_CLOSE = NormalizeDouble(iMA(_Symbol,0,5,0,MODE_LWMA,PRICE_CLOSE,x),Digits);
LWMA5_CLOSE_Prev = NormalizeDouble(iMA(_Symbol,0,5,0,MODE_LWMA,PRICE_CLOSE,x+1),Digits);


double atr=iATR(NULL,0,100,x);


if (
(LWMA5_CLOSE == LWMA5_CLOSE_Prev) ||
(EMA5_OPEN == EMA5_OPEN_Prev)
Attached File(s)
File Type: mq4 Candle_Double_MA5_Cross_Alert v2.mq4   12 KB | 465 downloads
  • #62
  • Oct 19, 2020 10:52am Oct 19, 2020 10:52am
Quoting BlueRain
{quote} Try this one. conditions are: EMA5_OPEN = NormalizeDouble(iMA(_Symbol,0,5,0,MODE_EMA,PRICE_OPEN,x),Digits); EMA5_OPEN_Prev = NormalizeDouble(iMA(_Symbol,0,5,0,MODE_EMA,PRICE_OPEN,x+1),Digits); LWMA5_CLOSE = NormalizeDouble(iMA(_Symbol,0,5,0,MODE_LWMA,PRICE_CLOSE,x),Digits); LWMA5_CLOSE_Prev = NormalizeDouble(iMA(_Symbol,0,5,0,MODE_LWMA,PRICE_CLOSE,x+1),Digits); double atr=iATR(NULL,0,100,x); if ( (LWMA5_CLOSE == LWMA5_CLOSE_Prev) || (EMA5_OPEN == EMA5_OPEN_Prev) {file}

Thanks a lot BlueRain sir ...

One last thing .... I want the indicator to alert only 1 time in Renko charting and not on every tick ...

Is there anything I need to do ?

Thanks a lot
The One Who Makes The Thunder Roar Also Hears A Butterfly Sigh - Ruzbeh
  • #63
  • Oct 19, 2020 11:32am Oct 19, 2020 11:32am
Quoting rpasupathy
{quote} Thanks a lot BlueRain sir ... One last thing .... I want the indicator to alert only 1 time in Renko charting and not on every tick ... Is there anything I need to do ? Thanks a lot
I have removed tick by tick alerts already.. try if that makes any diff.
  • #64
  • Oct 19, 2020 12:22pm Oct 19, 2020 12:22pm
Quoting BlueRain
{quote} I have removed tick by tick alerts already.. try if that makes any diff.

Dear Sir,

It keeps giving me alerts in Renko ...

Am I making a mistake in selecting the type of alert ...

Thanks a lot

Attached Image (click to enlarge)
Click to Enlarge Name: Alert.JPG Size: 153 KB
The One Who Makes The Thunder Roar Also Hears A Butterfly Sigh - Ruzbeh
  • #65
  • Edited 5:50pm Oct 19, 2020 5:31pm | Edited 5:50pm
Quoting rpasupathy
{quote} Dear Sir, It keeps giving me alerts in Renko ... Am I making a mistake in selecting the type of alert ... Thanks a lot {image}
Currently, alert is checking Time[0] which is opening time of new candle.
if new candle, it will send an alert - once per candle.

As Renko chart is not a real candle open/close, it may be not working as is.

Update: I have modified alert based on other Renko Alert indicators.
There was a slight changes on how it detects last time.

Please try and let me know.
Attached File(s)
File Type: mq4 Candle_Double_MA5_Cross_Alert v2.1.mq4   12 KB | 373 downloads
  • #66
  • Oct 19, 2020 9:48pm Oct 19, 2020 9:48pm
Quoting BlueRain
{quote} Currently, alert is checking Time[0] which is opening time of new candle. if new candle, it will send an alert - once per candle. As Renko chart is not a real candle open/close, it may be not working as is. Update: I have modified alert based on other Renko Alert indicators. There was a slight changes on how it detects last time. Please try and let me know. {file}
No Sir ...

It still keeps alerting on all ticks ...
The One Who Makes The Thunder Roar Also Hears A Butterfly Sigh - Ruzbeh
  • #67
  • Oct 19, 2020 10:53pm Oct 19, 2020 10:53pm
Quoting rpasupathy
{quote} No Sir ... It still keeps alerting on all ticks ...
2nd try - let me know.
I copied logic from ..
https://www.mql5.com/en/code/12448

it is based on flag.. and it says it will work on offline chart and renko.
Attached File(s)
File Type: mq4 Candle_Double_MA5_Cross_Alert v2.1.mq4   14 KB | 485 downloads
  • #68
  • Jun 7, 2021 10:10am Jun 7, 2021 10:10am
Quoting BlueRain
It sound like you are looking for Fractal with extra condition to check if bar is up or down. See if this Fractal meets your basic requirement - HHLL if you are OK with how it works, all we need to is to add some check if current bar is Up or Down. Otherwise, you need to provide a bit more specific - why this Fractal doesn't work. Update 1: I have added condition to check if condition is met. See how it goes. Update 2: Symbol for Up/Down changed to Arrow {file} {file}


Good day dear Traders.

Could you kindly remove the "arrow deleting" if price preaches within the set amount of candles. In the end I would imagine jcr mod reversal fractal candle to be a non repaint/deleting indicator. The strategy is fine already just needs the deleting of logic where it removes existing arrows . Eventually invalid arrows could be painted in a 3rd & 4th color so it is easier at first glance to view what the market is doing based on this indicator.
  • #69
  • Last Post: Jun 28, 2021 11:43pm Jun 28, 2021 11:43pm
I would be interested how to trade the "break" with sl and tp....
Vucking good EA coder... https://t.ly/AZjRM
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