I am looking for developing a custom indicator which works on both MT4 and MT5. the custom indicator is using a simple combined formulas to paint bar or candle based on. up trend: green bar or candle, down trend: red bar or candle, no trend: no paint bar or candle.
part of the indicator is to draw on a separate window the over bought and over sold. the over bought and over sold is also based on a simple formula.
The above custom indicator should give the result on the opening chart and on the other time frames as table. This table should include the trend direction as arrow direction, over bought or over bought symbol, the level of over bought or the over sold and the number in which candle or bar this occur.
the custom indicator should be given as open source and should include an options to lock it based on account number and on expiry date.