Technical Indicators for MetaTrader 4

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MetaTrader 4

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Information

Indicators
MetaTrader 4
Mehmet Bastem
3.3
5

Overview


This indicator is created by considering volume divergence with price that is outcome

of Bollinger band and Envolpes indicators crossing. It won’t repaint. 

It is providing 1 market and three pending orders. 

If it is followed with patient, it is providing remarkable profit at the end. 

This indicator will be on sale soon on expert advisor.

Target is calculated for buy orders as follow

1. 50 pips standard

2. Top Bollinger band

3. Sell Signal

Target is calculated for buy orders as follow

1. 50 pips standard

2. Bottom Bollinger band

3. Buy Signal

If any of the third selection executed, remaining orders will be cancelled. 

It is suggested that this system to be used JPY Exchange with 5 min time interval.

 If it is desired, it can be used in all exchanges with 5 min time internal note that User should arrange pips accordingly. 

 it is highly recommended to use higher pips such as 125 for Exotic exchange’s (GBPCHF,NZDCHF AUDCHF)

     

This system can be used for 5M time frame. 

   This system is for Long term and profitable.
   Signals are shown as arrows. as an optional,
   you can set a voice alarm or email notification
   You can fins our other products from link : https://www.mql5.com/en/users/drbastem/seller
   Also, you can ask all your questins from email : This email address is being protected from spambots. You need JavaScript enabled to view it. or mobile : +90 530 867 5076 or @MehmetBastem 
   on telegram application

   You can also use this signal with expert advisor with below code.

double v1=0;
    v1=GlobalVariableGet(Symbol()+string(Period())+"HSKMORSTAR");
    if(v1==0 )  return(0); // No Signals 
    if(v1==1) 
       {
       //Send BUY Order...
       GlobalVariableSet(Symbol()+string(Period())+"HSKMORSTAR",0); 
       }
      if(v1==2) 
       {
       //Send SELL Order...
       GlobalVariableSet(Symbol()+string(Period())+"HSKMORSTAR",0); 
       }

Below you can find indicator inputs.

BBandGiris=800;// Bollingers Bands Period

BBandSapma=2;// Bollinger Band Deviation

ENVMAGiris1=1507;// Envolpes Period

ENVSapma1=0.10;// Envolpes Deviation

SendAnEmail=false; // Send E-Mail

CepUyariGonder=false; // Send Cell Phone Notificatiom

SesliAlarm=true; // Sound Alert

AktifGrafikGoster=true; // Change Chart. Actively loads the graphic at the time of signal generation



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