hasan.tahir wrote: Sat Aug 15, 2020 11:03 pm Dear Coders,

Request your help for attached indicator. If you could please embed a signal (arrow, dot e.t.c) when the red line / curve is almost at the extreme end. Top extreme end is for a down arrow (sell) and bottom end signal would be for a buy. I would like to use this indicator in a EA so would appreciate a buffer value for the arrows.

Many thanks,

hasan.tahir wrote: Sun Aug 16, 2020 8:40 am Hi,
Tested the Indicator.. There is a small issue. Since the scale for the indicator is not fixed, defining a fixed extreme values for Buy and Sell will result in plenty of false signals.. Please see attached image.. Ideally the signal should be generated where the arrow is pointing.. Is there a way to identify extreme values some other way?

Csj179t wrote: Sun Aug 16, 2020 9:29 am

Hi,

I can only make it that way. Set desire extreme levels , and when indicator would be crossing that level it draws one arrow per bar.

And the thing is you don’t know what the extreme point would be next . For example , imagine current bar indicator is at it’s highest value “Extreme level” or even higher, next bar is more extremier than previous , new extreme level... and so on... and you don’t know when it would fix an new highest level and then reverse towards low extreme level. On the way to low extreme it could even reverse back to making new high extremes ... you could only check history and based on that set desired extreme levels, as I’m thinking.


On the screenshot extreme levels set to 0.5 -0.5

Sincerely,
Sergei

hasan.tahir wrote: Sun Aug 16, 2020 5:09 pm Thanks alot. This is much better than the previous one. Apologies for the bother but was wondering if there could be a separate fixed scale introduced in the indicator? For e.g. 20 - 50 - 80 and the arrow should be generated if the line goes below 20 (for Buy) or above 80 (for Sell).

You have already been very helpful and won't bother you if this is not doable.

God bless...