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Partner 728x90

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Looking to hire indicator developer

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    Looking to hire indicator developer

    Hello,

    I need what would probably be the easiest set of indicators in the world for a knowledgeable person to write.

    I would like an indicator that looks at the shape of a candlestick and is similar to a hammer or inverted hammer.

    This indicator will be used with the market analyzer and I would like to see a value of 0 returned unless one of the following 2 condition sets are met (in which case I'd like a 1 returned).

    Bar Conditions #1:

    1. The open is in the top 30% of the bar.
    2. The close is in the top 30% of the bar.
    3. The bottom 25% (or more) of the bar is lower than the low of the preceding 4 bars.

    Bar Conditions #2:

    1. The open is in the bottom 30% of the bar.
    2. The close is in the bottom 30% of the bar.
    3. The top 25% (or more) of the bar is higher than the high of the preceding 4 bars.

    That's it! I would use this indicator to scan several hundred listings looking for a bar of this shape, so, like I said, I would use this indicator in the Market Analyzer to make that scan and quickly point out the markets where this is occurring. Also I would only be using this on 1 day and longer time frames, if that matters.

    Please contact me by PM, and thanks!

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