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For which platform do you need this indicator?
Meta Trader 4 Meta Trader 5 Forex Tester 3 Forex Tester 4
Should your indicator be installed on chart (indicator will interact directly with the price) or in the separate window below chart?
Indicator on chart Indicator below chart (oscillator)
Are the calculations of the indicator based on the price or other indicators
Price Other indicators
What should your indicator draw?
Line(s) Histogram Arrow ZigZag Text labels Figures (e.g. triangle, rectangle, ellipse) Other objects (e.g.: thumbs up, check icon etc.)
Does your indicator require alerts?
No Yes, they should be visible on chart and audible Yes, they should be visible only Yes, they should be audible only Yes, they should be sent to email
Does your indicator use the balance or equity of your trading account?
No Yes
What parameters should be configurable? What default values should be set?
Are there any limits on drawing your indicators based on time
No Should be visible on predetermined sessions (Australian, Asian, European, American) Needs an option for custom time