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Re: MT4 Indicator requests and ideas

pacois, Tue Nov 03, 2020 11:08 pm

Sandile wrote: Tue Nov 03, 2020 12:27 am Hi guys,

Could someone code this indicator for me,

Formula

First Candle High
First Candle Low
X = First Candle High - Candle Low
Open Proce of the Second Candle + X = Buy Level
Open Price of the Second Candle - X = Sell Level

Example with today GBPJPY on M30:

GBPJPYM30.png

On Spreadsheet:


GBPJPYM30 SS.PNG

Spreadsheet:

Daily Range Formula.xlsx


Perhaps a modification of this indicator:

daily-breakout-indicator.mq4


I would appreciate your help, thanks in advance.
Try!!
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