Signature Drawing Function

Open the text file that describes the formula, and for example, if you write the entry condition asSMA25 > SMA75a buy signal will appear at the golden cross of the simple moving averages.

Here are a few more examples.

EMA21 < C(The value of the 21-period Exponential Moving Average is exceeded by the closing price)

RSI14 < 30(The value of the 14-period RSI is below 30)

BB20-2.0 > L(The value of the -2σ of the Bollinger Bands is exceeded by the low)

MAX(H+1+30) < H(The maximum value of the past 30 highs from the previous candle is exceeded by the current high)

Instructional Video

Settlement and Analysis Function

As a settlement condition in the text file, if you write

SL"20pips" EP - PT200
TP"40pips" EP + PT400
TP"RR=1:1" RR1

it means a stop loss at -20 Pips from the entry price. There are two descriptions for profit taking (TP), one at +40 Pips from the entry price, and the risk-reward ratio is set to 1:1 for profit taking.

Analysis Details (By day of the week and time zone. By year and month, by day. Displays fund progression)

Trade Analysis (Visually displays trades for each signal, SL, and TP)

The loss amount due to ⅛ stop loss is set at 1000 yen per entry.

Instructional Video

Development Background

I have introduced an overview of what can be done with this indicator above. Here, I will explain the background of its development.

// Repeat the process for the number of candles
for(int i = 0; i < Bars - 1; i++)
{
   if(iRSI(NULL,0,14,PRICE_CLOSE,i) < 30)	// The current candle's RSI value is below 30
   {
      if(iRSI(NULL,0,14,PRICE_CLOSE,i+1) >= 30)	// The previous candle's RSI value is above 30
      {
         // Write the process to draw a buy signal if the condition is met
      }
   }
}

The above is only for buy signals, and similar descriptions are needed to add sell signals. However, to develop, one must learn programming, which is not something everyone can easily do.

Specifications

Settings (can be set by writing in a text file)

- Display debug information - Specify start and end dates - Specify start and end based on bar position - Update signals upon candle confirmation - Notification function (alert, email, push)

Operators

+	Addition
-	Subtraction
*	Multiplication
/	Division
%	Remainder
=	Equal
>	Greater than
>=	Greater than or equal
<	Less than
<=	Less than or equal
!=	Not equal
<>	Not equal
&	AND
\|	OR
=>	Continuation condition (includes current candle)
->	Continuation condition (excludes current candle)

Indicators

SMA	SMA	Simple Moving Average
EMA	EMA	Exponential Moving Average
ATR	ATR	ATR (Average)
ICHI	Ichimoku	Ichimoku Kinko Hyo
ADX	ADX	Wilder's ADX (Average)
CCI	CCI	CCI (Commodity)
WPR	WPR	Williams %R
RVI	RVI	RVI (Relative)
OBV	OBV	On Balance Volume
BB	Bands	Bollinger Bands
RSI	RSI	RSI (Relative Strength Index)
MACD	MACD	MACD
STO	Stochastic	Stochastic
OSMA	OsMA	MACD Histogram
SAR	SAR	Parabolic SAR
ENV	Envelopes	Envelopes
FOR	Force	Force Index
MOM	Momentum	Momentum
SMMA	SMMA	Smoothed Moving Average
LWMA	LWMA	Linear Weighted Moving Average
DEM	DeMarker	DeMarker
BWMFI	BWMFI	Williams Market Facilitation Index
MFI	MFI	Money Flow Index
SDEV	StdDev	Standard Deviation
RCI	RCI	RCI
KCA	KeltnerChannelATR	Keltner Channel ATR Version
KC	KeltnerChannel	Keltner Channel
HA	HeikenAshi	Heiken Ashi
PP	PivotPoint	Pivot Point
PSY	PsycoLogicalLine	Psychological Line

Functions

ABS	Absolute Value
AVERAGE	Average
COUNT	Count
CONSECUTIVE	Number of consecutive matches for conditions
COUNTIF	Number of matches for conditions
GET	List of values that match conditions
IF	Conditional branching
IN	Number of achievements for conditions
MATCH	Position that matches conditions
MAX	Maximum Value
MIN	Minimum Value
NOT	Boolean value inversion
SUM	Total Value

Bars

BU	BodyUpper	Price of the upper body
BL	BodyLower	Price of the lower body
BS	BodySize	Body size (upper body price - lower body price)
BR	BodyRatio	Body ratio (upper body price - lower body price / high price - low price)
HLS	HighLowSize	High-low size (high price - low price)
SUS	ShadowUpperSize	Upper shadow size
SUR	ShadowUpperRatio	Upper shadow ratio
SLS	ShadowLowerSize	Lower shadow size
SLR	ShadowLowerRatio	Lower shadow ratio
EP	EntryPrice	Entry price
SP	Spread	Spread
WC	WhiteCandle	Bullish Candle
BC	BlackCandle	Bearish Candle
DAY	Day	Day
HOUR	Hour	Hour
MINUTE	Minute	Minute
MONTH	Month	Month
WEEKDAY	Weekday	Weekday
PT	Point	Point
TIME	Time	Time
RR	RiskReward	Risk Reward
O	Open	Open Price
H	High	High Price
L	Low	Low Price
C	Close	Close Price
V	Volume	Volume
W	Wide	Price Range

- Analysis - CSV Output - Shortcut Keys

Supplement

Purchase Benefits

I am still developing and have prepared purchase benefits for buyers who support my development.

▀ I will provide an MT4 program that regularly retrieves spread values for currency pairs in the quote list.

▁ I will provide an MT4 program that regularly updates historical data for currency pairs in the quote list.

▂ If you send me requests regarding the functionality of this indicator via DM, I will use my time once to respond. (Estimated working time of about 3 to 8 hours. It may vary depending on the number of requests.) Even if it cannot be completed in one go, I will continue to respond if multiple people have the same request.

Operation Related

- Web authentication functions, etc., use DLL. Please check "Allow DLL imports" to use it. (You need to set it in both the indicator and MT4.) - If it stops working due to an error or displays incorrectly, please change the currency pair or time frame, or restart MT4 to reset. - DuranFX_⛫⛫.ex4 should be stored in the MQL4\Indicators folder.https://www.gogojungle.co.jp/tools/indicators/48058The manual describes how to authenticate multiple products at once with web authentication.

Restrictions

- This indicator is a signal tool that draws and analyzes signals based on confirmed candles. - It is intended for managing single positions and does not support averaging down, martingale, hedging, split orders/split settlements, pyramiding, or currency strength, and there are no plans to support them. - Currently, it does not support profit and loss calculations due to swap rates. - Spread and fees can be set as values, but they will be treated as fixed regardless of indicator times or time zones. - It only works on MT4. MT5 is not supported.

Cautions

- It does not guarantee that the calculation results of this indicator are accurate. - This indicator is for Windows. If the free version does not work, please refrain from purchasing. The free version does not have the functions of this indicator. - This indicator has been confirmed to work on Windows 10, MT4 Build 1440, but it does not guarantee operation in all environments. - Since this indicator uses web authentication, it can only be used on one account. If you want to use it on a different account, please reset the account information in advance. - This indicator may change its functions, specifications, or published content, or be suspended or discontinued without prior notice. - I cannot take any responsibility for any damages or losses resulting from the use of this indicator. - Without prior consent, you may not engage in acts that infringe copyright, such as reproduction, duplication, resale, transfer, or other acts.

Update History

⛜ Click to toggle

- April 29, 2025 v3.00 Product page published

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