I need this Indicator with Alert
Pattern 2:
Uptrend;
Candle 1: The candle size has to be standard. The length of the high shadow has to be at least 10% of the whole candle. (The candle could be both bearish and bullish.)
Candle 2: It should be an inside bar candle. Its open and close should be between high and low of the first candle. It should have the high shadow, and the high shadow should be lower than the first candle's high shadow. (The candle could be both bearish and bullish.)
Candle 3: Same as Candle 2.
Candle 4: The candle size has to be standard. Its high shadow must engulf the first candle's high shadow. (The candle could be both bearish and bullish.)
Downtrend;
Candle 1: The candle size has to be standard. The length of the low shadow has to be at least 10% of the whole candle. (The candle could be both bearish and bullish.)
Candle 2: It should be an inside bar candle. Its open and close should be between high and low of the first candle. It should have the low shadow, and the low shadow should be higher than the first candle's low shadow. (The candle could be both bearish and bullish.)
Candle 3: Same as Candle 2.
Candle 4: The candle size has to be standard. Its low shadow must engulf the first candle's low shadow. (The candle could be both bearish and bullish.)
Range Candle (pip) Formula:
(Price * 66%) = Daily Range Candle (pip)
Notice : If price has Decimal places we need An integer Number>>>>>
for example :
Daily Range = (0.92935*66%)=0.613 >>> 0.613*100 = 61 pip
Daily Range = (10.964*66%)=7.23624 >>>> 7.234*10 = 72 pip
Daily Range = (77.706*66%)=51 pip
Daily Range Candle * 5.5 = Monthly Range Candle
Daily Range Candle * 2.6 = Weekly Range Candle
Daily Range Candle * 40% = 4hour Range Candle
Daily Range Candle * 20% = 1hour Range Candle
Daily Range Candle * 10% = 15minutes Range Candle
Daily Range Candle * 5% = 5minutes Range Candle
Candle Size Formula:
1% of Range Candle ≤ Spinning Candle ≤ 79% of Rang Candle.
80% of Range Candle ≤ Standard Candle ≤ 120% of Rang Candle.
121% of Range Candle ≤ Long Bar Candle ≤ 250% of Rang Candle.
250% of Range Candle ≤ Spike Candle ≤ ∞ unlimited.
Inside Bar Candle: Its open and close has to be between high and low of the previous candle (mother).