Hi traders and coders,
I did try to request this last year but i scrapped the idea. If anyone can code me a simple indicator that displays the pip value of the 1 minute chart at all times and sound an alarm whenever the pip count is above a certain level I will Paypal you $50 AUD.
The indicator is simple! Just like having the ATR set on "1", it basically displays the pip count of the 1 minute chart as "Volatility X.XX" and the text will change colour eg. "Volatility X.XX pips" once the pip count is above the chosen level.
It also gives either a constant audible alert or once per candle alert whenever the pip count in the 1 MINUTE chart is above that chosen level.
So for example if I go into settings and chose my "Volatility" as "5" pips, whenever the pip count of the 1 MINUTE chart reaches or is above 5 pips the indicator's text will change colour on the chart eg. "Volatility 5.00 pips" and will start to make the alert sound.
The alert sound will then stop if the pip count falls under the user defined pip count setting.
If you can convert this indicator into MT4 for me, send it to me privately via e-mail, I'll test it (when the market is open) then I'll Paypal you $50 AUD if it works properly.
Please PM me for my e-mail address as I got majorly spammed last time.
I got this idea from a cTrader indicator called "Scalper's Buddy".
The author has given me permission to have it re-coded/converted to MT4 and also provided the C# code (below).
I've also attached the actual cTrader indicator and screenshots below.
So just to recap, the indicator's functions:
I did try to request this last year but i scrapped the idea. If anyone can code me a simple indicator that displays the pip value of the 1 minute chart at all times and sound an alarm whenever the pip count is above a certain level I will Paypal you $50 AUD.
The indicator is simple! Just like having the ATR set on "1", it basically displays the pip count of the 1 minute chart as "Volatility X.XX" and the text will change colour eg. "Volatility X.XX pips" once the pip count is above the chosen level.
It also gives either a constant audible alert or once per candle alert whenever the pip count in the 1 MINUTE chart is above that chosen level.
So for example if I go into settings and chose my "Volatility" as "5" pips, whenever the pip count of the 1 MINUTE chart reaches or is above 5 pips the indicator's text will change colour on the chart eg. "Volatility 5.00 pips" and will start to make the alert sound.
The alert sound will then stop if the pip count falls under the user defined pip count setting.
If you can convert this indicator into MT4 for me, send it to me privately via e-mail, I'll test it (when the market is open) then I'll Paypal you $50 AUD if it works properly.
Please PM me for my e-mail address as I got majorly spammed last time.
I got this idea from a cTrader indicator called "Scalper's Buddy".
The author has given me permission to have it re-coded/converted to MT4 and also provided the C# code (below).
I've also attached the actual cTrader indicator and screenshots below.
So just to recap, the indicator's functions:
- Configure the "Volatility" (pip count amount) to alert at a set amount.
- Constant or once (per candle/bar) sound alert, configurable on/off.
- Position anywhere on screen and ability to change fonts and font size.
- Ability to chose the color of the "Volatility" text and chose the color the text changes to when pips reach a certain amount.
Thank you in advance 
Inserted Code
// -------
// PURPOSE
// -------
// Alerts user when there is high volatility in the market over a period of seconds.
// Userful signal when not looking at charts or when not at computer, configurable audible sound alerts for each currency.
// Good for scalping.
// Author: Paul Hayes
// Date: 09/05/2015
// Version 1.4
//
// Coding Guidlines: https://github.com/dotnet/corefx/wiki/Framework-Design-Guidelines-Digest
//
// Bug fix: display formatting issue.
using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
namespace cAlgo
{
[Indicator(IsOverlay = true, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
public class ScalpersBuddy : Indicator
{
#region user defined parameters
[Parameter("Alert ON", DefaultValue = 1, MaxValue = 1, MinValue = 0)]
public bool AlertOn { get; set; }
[Parameter("Sound ON", DefaultValue = 0, MaxValue = 1, MinValue = 0)]
public bool PlaySound { get; set; }
// How much movement in pips triggers the alert.
[Parameter("Volatility Pips", DefaultValue = 10, MaxValue = 20, MinValue = 1)]
public int VolatilityPips { get; set; }
// User enters the actual path to the media file.
[Parameter("Media File", DefaultValue = "c:\\windows\\media\\notify.wav")]
public string MediaFile { get; set; }
[Parameter("Display Position, 1-8", DefaultValue = 1, MinValue = 1, MaxValue = 8)]
public int WarningPostion { get; set; }
[Parameter("Warning Color", DefaultValue = "Red")]
public string WarningColor { get; set; }
[Parameter("Show Spread", DefaultValue = 1, MaxValue = 1, MinValue = 0)]
public bool ShowSpread { get; set; }
[Parameter("Show Volatility", DefaultValue = 1, MaxValue = 1, MinValue = 0)]
public bool ShowVolatility { get; set; }
[Parameter("Spread Color", DefaultValue = "White")]
public string SpreadColor { get; set; }
#endregion
#region Private properties
private MarketSeries minuteSeries;
private StaticPosition position;
private Colors warningTextColor;
private Colors spreadTextColor;
private bool errorOccured = false;
private string lowerPosition = string.Empty;
#endregion
const string errorMsg = "\n\n\n\n\n Scalpers Buddy Indicator: An error has occured, view log events window for more information.";
#region cTrader Events
protected override void Initialize()
{
try
{
// Get the 1 min timeframe series of data
minuteSeries = MarketData.GetSeries(Symbol, TimeFrame.Minute);
warningTextColor = (Colors)Enum.Parse(typeof(Colors), WarningColor, true);
spreadTextColor = (Colors)Enum.Parse(typeof(Colors), SpreadColor, true);
} catch (Exception e)
{
errorOccured = true;
Print("Scalpers Buddy: " + e.Message);
}
// position alert message on screen
switch (WarningPostion)
{
case 1:
position = StaticPosition.TopLeft;
break;
case 2:
position = StaticPosition.TopCenter;
break;
case 3:
position = StaticPosition.TopRight;
//lowerPosition = "\n\n";
break;
case 4:
position = StaticPosition.Right;
lowerPosition = "\n\n";
break;
case 5:
position = StaticPosition.BottomRight;
lowerPosition = "\n\n";
break;
case 6:
position = StaticPosition.BottomCenter;
lowerPosition = "\n\n";
break;
case 7:
position = StaticPosition.BottomLeft;
lowerPosition = "\n\n";
break;
case 8:
position = StaticPosition.Left;
lowerPosition = "\n\n";
break;
default:
position = StaticPosition.TopLeft;
break;
}
}
public override void Calculate(int index)
{
if (errorOccured)
{
ChartObjects.DrawText("errorlabel", errorMsg, StaticPosition.TopCenter, Colors.Red);
return;
}
// get the last highest price value
double high = (minuteSeries.High.LastValue);
// get the last lowest price value
double low = (minuteSeries.Low.LastValue);
// difference between high and low devided by the current instruments pip size = sudden movement in pips
double pips = (high - low) / Symbol.PipSize;
string pipsVolatility = "(Volatility: " + pips.ToString("0.00") + " pips)";
// display error message to screen.
if (ShowVolatility)
{
ChartObjects.DrawText("volatilityMsg", pipsVolatility += lowerPosition, position, spreadTextColor);
}
// if pip movement > volatility setting
if (Math.Ceiling(pips) > VolatilityPips)
{
if (AlertOn)
{
ChartObjects.DrawText("alertMsg", pipsVolatility, position, warningTextColor);
}
if (PlaySound)
{
if (MediaFile != string.Empty)
Notifications.PlaySound(MediaFile);
}
}
else
{
ChartObjects.RemoveObject("alertMsg");
}
// if user wants to see the current bid/ask spread size, * feature seperate from volatility alert.
if (ShowSpread)
{
var spread = Math.Round(Symbol.Spread / Symbol.PipSize, 2);
string s = string.Format("{0:N2}", spread);
ChartObjects.DrawText("spreadMsg", "\nSpread: " + s, position, spreadTextColor);
}
}
#endregion
}
} 
