Dear Coders,
Below there are the pin bar detector and engulfing bar alert indicators I use. Is there a possibility to code a signal alert only when the full range (high-low) of the signal bar is bigger than the full range of the previous x bars? This way we could eliminate some insignificant signals. The same would be helpful with engulfing indicator too, to avoid small engulfing patterns. I am also looking for a better engulfing indicator which uses the principle that can be seen on the attached picture. Or could you modify this indicator according to this picture, please?
Thanks in advance!
Attachments forums
Re: MT4 Indicators with alerts/signals
rudiarius, Sun Jun 04, 2017 11:50 pm
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- ! PinbarDetector.mq4
- (10.01 KiB) Downloaded 1502 times
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- Engulfing Bar Alert v1.2.mq4
- (3.9 KiB) Downloaded 1356 times
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- real engulfing pattern