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Re: MT4 Indicator requests and ideas

pacois, Sun Dec 29, 2019 5:59 am

fxwealth wrote: Sun Dec 29, 2019 3:34 am Hi, I need someone to please code the following indicator which is based on previous bar High, Low and Close. Let's say you are on a 4Hr chart and you want to trade the 16:00 bar. The indicator must then look at the 12:00 bar and do the following:

The indicator must first run the following formula (H+L+C/3). The result of that must then be Multiplied by 2 and this result must then be Subtracted from the Low used earlier in calculation for a Buy signal. For a Sell signal the result must be Subtracted from the High used earlier in calculation.

H=High Price, L=Low Price and C=Close Price.

Once the Buy and Sell prices have been calculated the indicator must display in upper left corner of chart Buy = 1.3623 and below it Sell @ 1.3597 or whatever the results are. Please have Buy printed in Blue and Sell printed in Red.

Any help would be greatly appreciated. Thank you
try!!
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