Hello,
I'm andrea.2k http://www.dailyfx.com/forex_forum/members/184126-andrea-2k/from "Dailyfx Italy" forum and would ask you to develope two custom indicators.
One is started on the path of the previous "krivo index" http://fxcodebase.com/code/viewtopic.php?f=17&t=59670and "strong vs weak" http://74.52.98.35/code/viewtopic.php?f=17&t=59804&p=90692for trading station, and the second is like "cluster indicator CCFp" http://codebase.mql4.com/5862 for MT4, both with the same following inputs.
The system works with a basket of 8 majors currencies ( AUD,CAD,CHF,EUR,GBP,JPY,NZD,USD ), so on 28 pairs.
For each couple XXX:YYY the instruments are :
F = FAST MOVING AVERAGE ( I use EMA8, but you can put the choice with MVA or others if you like )
M = MEDIUM MOVING AVERAGE ( EMA21 as default )
S = SLOW MOVING AVERAGE ( EMA55 sa default )
R = ROC INDICATOR ( 8 period as default )
RS = ROC SIGNAL LINE ( I use EMA8, but you can put the choice with MVA or others if you like )
These are the parameters of the indicator :
IF F > M > S THEN XXX = +3 , YYY = -3
IF F < M > S THEN XXX = +2 , YYY = -1
IF F < M < S THEN XXX = -3 , YYY = +3
IF F > M < S THEN XXX = -1 , YYY = +2
IF R > RS > 0 LINE THEN XXX = +3 , YYY = -3
IF R < RS > 0 LINE THEN XXX = +2 , YYY = -1
IF R < RS < 0 LINE THEN XXX = -3 , YYY = +3
IF R > RS < 0 LINE THEN XXX = -1 , YYY = +2
The final scores should be displayed on the top corner , with customizable colored lines that shows historical data to notice the trends of each currency and when they cross each other.
Put the choice to show only the two currencies of the referring pair excluding the others from the visual but not from the calculations as in this chart with CCFp http://www.mql5.com/en/charts/1308450/cadjpy-h4-oanda-corporation
The name of the indicator, if possible, should be "Andrea_2k_trading_edge"
I apologize in advance if I have not given you enough informations, but this is the first time I ask for this stuff.
I Would be grateful for your approval and feel free to contact me for any explanation.
Best regards