Can someone give me 10 minutes to make an indicator ?
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Hey all.
I'm trying to get a simple indicator working and I'm just not very good at this fxDreema. Something is just not clicking in my head. I know you guys can do this in a matter of minutes but I'm trawling through every YouTube video to see if someone has done anything like it. If you can give me 10 minutes of your time that would be great. If you are into crypto I can send a tip to you too
It's a simple indicator with a 200 EMA as the base line. (Allow to change the EMA length)
So when price is above the 200 EMA I only want to see alerts from one more indicator to be visible. I'm trying to filter out the unwanted alerts.
The second indicator is the Williams %r (10). The alert will be based on the current candle and not "Candle Close".
So, when price is above the 200 EMA and the Williams %r cross Above the -50 (mid line) I want an alert to go off, just once per candle. If we use "Candle Close" it can be too slow.
And also the opposite of course,- When price is below the 200 EMA then I only want to see alerts from the Williams %r when price is going below the -50 mid line.A pop up window, a sound and options to "alert on mobile App" and "Send Email" would also be great.
That's it really. I tried my best to do it but the indicator will not even attach to a chart for me.
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i would start proving 1 step at a time first.
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@Edify-1984 fxDreema is designed to create EAs, not indicators.
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https://youtu.be/ipAv9n6ofT0 Try this channel
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As @l-andorrĂ said, you can't build custom indicator, you can only build an EA. They are both programs, doing something on every tick. But there are differences.
The main idea of the indicator is that it produces one or more arrays of numeric data (called buffers). These buffers are read by MetaTrader, or the EA that is using the indicator. MetaTrader would produce visual output (lines, arrows, histograms...), the EA would use the numeric data somehow. All of this happens in the moment the indicator is loaded. Then, on every tick the indicator would recalculate the last part of the data. Indicators cannot trade.
Expert advisors... they don't have such specific purpose. They also receive the tick events, but usually on every tick they check some things and when needed they create/modify/delete orders.
In other words, indicators are programs, optimized to build arrays of data, who can then be visualized somehow or just read by other programs. EAs can also print some things on the chart, but usually after the moment they are started.
