Re: MT4 Indicator requests and ideas

19176
Good morning everybody,
I have an idea about a zone indicator for reversal/rebounds. I hope this is the right thread to ask. It should work like this:
1) create a rectangle from close to low (extended to the right of the screen) on the first bear candle after an uptrend;
2) create a rectangle from high to close (extended to the right) on the first bull candle after a downtrend.
To locate the candles can be used pivot points HH/LL, or fractals, or zigzag or whatever you experts coders think is the best solution to get highest highs and lowest lows zones. That would be useful to let the user limit the number of zones in input settimgs.
Do you think is possible to code It?
If you believe it's a silly idea pass on and have a nice day 😅
Thanks in advance!