I have an MT4 BB MACD indicator. The source of the indicator and a screenshot is attached. My primary project is to create a dashboard that would reside on a chosen corner of the chart. You will note from the screenshot, the dots shown on the indicator fall in 4 categories:
Outside the bands going up- green small dots- we'll call this an up signal
Inside the bands going up- large green dots- we'll call this neutral up bias
Inside the bands going down- large red dots- we'll call this neutral down bias
Outside the bands going down- small red dots- we'll call this a down signal.
The dashboard would show the indicator status for up to 5 time frames: left to right; M5, M15, H1, H4, D1.
An up signal would be indicated by a colored up arrow (all colors would be selectable). A neutral signal with an up bias would be indicated by a colored dot. The neutral signal with a down bias would be indicated by a colored dot. The down signal would be indicated by a colored down arrow. This is my primary project.
I have two other possible projects involving the same indicator. First, using the same dashboard indicator as described above, have an alert that would signal a chosen shorter time frame up or down signal triggering and coming into sync with a higher timeframe signal. For example if the M15 and H1 timeframes were selected, and the H1 indicator is giving a down signal, I want a signal when the M15 indicator gives a down signal, while the H1 is still down. These signals would use only the up or down signal, not the neutral [url removed, login to view] signal would give the option of pop up alert, audible signal, and/or email.
The second other possible project would simply involve adding an alert to the basic indicator so that when applied to any given chart I could have an alert when I get an up or down signal. The direction would need to be selected so that I'm not getting alerts both ways unless asked to do so. If I am looking for a long signal, I only want to know when I get long signal, not a short signal. Again, the alert would need to give the options of pop up alert, audible signal, and/or email.
Any input that might be given based upon a programmers previous experience would be appreciated.