Thursday, March 23, 2023

Buy/Sell Indicator with Alerts

Calculates number of bars on charts and then based on histogram it triggers an alert which is confirmed when next opening bar price is high in case of buy arrow or low in case of sell signal, when both these conditions are satisfied it draws an arrow.

This indicator identifies price behaviour change. It means if arrow has appeared price will change it’s direction in a five bar sequence. Where the central bar has higher maximum or lower minimum, arrows show central bar position.

Sound pop-up alert as well as email alert have been added.

Recommended time-frame 1 hr.