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Re: MT4 Indicator requests and ideas

euro_rapp, Thu Jan 23, 2020 9:42 am

Hello,

is it possible to code an indicator which colors the bars in the trend direction of the turtle channel and creates a signal candle if the following conditions are met:
A sell signal: trend is down and the market makes a pullback while RSI is overbought and after the Turtle channel is straight and the RSI enters oversold.

Vice versa with a buy signal.

The settings of the Indicator should be adjustbale for the channel and the RSI settings.

RSI basic setting is 2
pullbacksystem1.JPG
TheTurtleTradingChannel v2.mq4
(12.46 KiB) Downloaded 423 times
GBPAUDH4 (2).jpg
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