Job Description
Title should be called "Greg McLeod Money Matrix (G3M)tm"
I would like to have a divergence alert indicator that places a single red arrow above the last swing price high that makes up bearish MACD Divergence. It also connects the two price swing highs with a red line segment. In addition, I would like a rising trend line to be automatically drawn along the last run up to the last swing high. The connection of the two lines should form a wedge/triangle. An alarm should also sound.
When price has a closing bar below the trend line a second arrow highlighting that bar should shown.
If price moves back above the trend line, the arrow should disappear until price breaks and closes below the trend line. (repainting is ok)
If price makes a new high; the indicator may erase the previous one and place the arrow at the new high (repaint)
For bearish MACD divergence, I would like the indicator to place a single green arrow below the last swing price low that makes up bullish MACD divergence. It should also connect the two price swing lows that make up bullish divergence with a green line segment. Additionally, I would like a down trend line to be automatically drawn across the tops of price leading to the last swing low. The connection of the two lines should form a wedge/triangle. An alarm should also sound.
When price has a closing bar above the trend line a second arrow highlighting that bar should shown.
If price moves back below the trend line, the arrow should disappear until price breaks and closes below the trend line. (repainting is ok)
The setting for MACD should be 12, 26,9. The MACD indicator should not be visible.
This indicator should be able to be applied in all time frames
I will pay $250 for a working and completed indicator that I can use in my ctrader platform.
Regards Greg
You can Skype me at gregory.mcleod.fxtrader
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