I want to know if you can develop an indicator for me. For MT4.
I got the idea from this video:
https://www.youtube.com/watch?v=qixR0FNMNZc
Using two basic Indicators with default settings
• Bollinger Bands
• Stochastic Oscillator
SELL TRADE
Condition 1 - Need one candle to close outside the Bollinger band and the next candle to open inside the Bollinger band
Condition 2 - On the Stochastic indicator the Blue line (solid) should be under the Red line (dotted)
Condition 3 - If the following candle still inside the Bollinger band, display a Down Arrow
BUY TRADE
Condition 1 - Need one candle to close outside the Bollinger band and the next candle to open inside the Bollinger band
Condition 2 - On the Stochastic indicator the Blue line (solid) should be over the Red line (dotted)
Condition 3 - If the following candle still inside the Bollinger band, display an Up Arrow
Please let me know if that makes sense or if you need more information.
Thank you!
I love the work you guys are doing here, and I will donate via PayPal.